During 2012, #1 Nestlé USA’s revenues increased 7% over 2011, but #2 Dean Foods realized a drop of 36% because it sold its Morning Star business to #3 Saputo even as it was spinning off its WhiteWave Foods into a stand-alone business. And what a stand-alone business WhiteWave Foods became after completing an initial public offering that raised over $365 million of net equity proceeds. That garnered it the #19 spot on Dairy Foods’ 20th annual list of the largest processors of dairy foods and beverages based in the United States and Canada.
Nestlé makes packaged ice cream, including the very rich and decadent Dreyer’s, Edy’s, Häagen-Dazs and Eskimo Pie brands. It also produces flavored Nesquik milk, Coffee-Mate and Natural Bliss coffee creams and powdered beverages. Parent company Nestlé S.A. in Vevey, Switzerland reported its American division had approximately $11.1 billion in revenues in 2012, coming from powdered and liquid beverages, milk products and ice cream.
Due to a tie for #100, The Dairy 100 is comprised of the 101 largest processors of dairy foods and products in the U.S. and Canada. These 101 companies have combined annual sales of $114.2 billion. This translates into 9.7% of those revenues being generated by Nestlé USA.
Three producer-owned dairy co-ops made it into the top 10: #5 Land O’ Lakes, #8 Dairy Farmers of America and #10 Prairie Farms Dairy.
The top 10 companies on The Dairy 100 list for 2012 are as follows:
1. Nestlé USA; Oakland, CA
2. Dean Foods; Dallas, TX
3. Saputo; Montreal, Quebec
4. Schneiber Foods; Green Bay, WI (top private company)
5. Land O’ Lakes; Arden Hills, MN
6. Kraft Foods Global Inc.; Northfield, IL
7. Agropur Cooperative; Longueuil, Quebec
8. Daisy Farmers of America Inc.; Kansas City, MO
9. Lactalis USA; New York, NY
10. Prairie Farms Dairy; Carlinville, IL