The Dairy Foodsâ€™ 20th annual Dairy 100 list comprises the largest processors of dairy foods and beverages based in the United States and Canada.
The 2013 list names Nestlé USA as North Americaâ€™s largest dairy processor, bumping off Dean Foods Co. which held the spot for at least half of the 20 years that Dairy Foods has been compiling the Dairy 100.
While No.1 Nestlé USAâ€™s revenues increased 7% from 2011 to 2012, No. 2 Dean Foodsâ€™ dropped 36% because it sold its Morning Star business to No. 3 Saputo and it spun off its WhiteWave Foods business into a stand-alone operation. No. 19 WhiteWave completed an initial public offering that raised over $365 million of net equity proceeds.
Rounding out the top 10 are (in order): Schreiber Foods, Land Oâ€™Lakes Inc., Kraft Foods Global Inc., Agropur Cooperative, Dairy Farmers of America Inc., Lactalis USA and Prairie Farms Dairy. Lactalis USA cracked the top 10 due to its parent companyâ€™s acquisition of Italyâ€™s Parmalat, which has a division in Canada. Lactalis USA and Parmalat Canada were listed separately in our previous report.
Nestlé is the largest publicly held processor on the list and No. 4 Schreiber Foods is the largest privately owned business. The top dairy co-op is No. 5 Land Oâ€™Lakes. Download a PDF containing details about the 101 dairy processors in the 2013 Dairy 100.
Source:Â Dairy Foods