Dairy Products Manufacturing
Industry Description
The US dairy products manufacturing industry consists of about 1,100 companies that have combined annual revenue of about $83 billion. Major companies include Dean Foods, cooperatives such as Dairy Farmers of America and Land O'Lakes, and the US operations of France-based Danone. The industry is concentrated: the 50 largest companies account for about 75 percent of revenue.
SIC: 2021, 2022, 2026, 2024, 2023
NAICS: 311511, 311512, 311520, 311514, 311513
NAICS: 311511, 311512, 311520, 311514, 311513
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Top 5 Companies
| Company | Sales | Location |
|---|---|---|
| ACN 002 003 796 PTY LIMITED | 36,590.21M | Docklands, Vic |
| Groupe Danone | 22,541.65M | Paris, France |
| Fonterra Co-operative Group Limited | 17,464.62M | Auckland, New Zealand |
| Dean Foods Company | 12,122.89M | Dallas, TX |
| Koninklijke FrieslandCampina N.V. | 11,694.91M | Amersfoort, The Netherlands |
Trends
Supplier Consolidation - The number of US dairy farms declined about 65...
Industry Indicator
The consumer price index for food, an indicator of dairy product values, rose 4.7 percent in December 2011 compared to the same month in 2010.
Quarterly Industry Update
Industry Giants Face Price-Fixing Allegations - Members of the National Milk Producers Federation, including industry leaders Land O'Lakes and Dairy Farmers of America, are accused of conspiring to fix milk prices.


