It placed third in the 2021 Dairy 100. It placed second in the 2022 Dairy 100. This year it is No. 1. Other companies saw major growth. Moving 33 spaces, Valley Queen Cheese Factory Inc., Milbank., S.D., No. 87 in 2021 net revenue, moved to No. 54 with a 2022 net revenue of $600 million.
Unlike previous years, this year’s Dairy 100 rankings reflects changes in the market — with some new companies joining the list and others experiencing major growth or declines.
Unlike previous years, this year’s Dairy 100 rankings reflects changes in the market — with some new companies joining the list and others experiencing major growth or declines.
Unlike in many previous years, this year’s Dairy 100 rankings reflect no deletions or additions — or even major losses or gains, with a few exceptions.
A lot can happen in a year. The COVID-19 pandemic-spurred doom-and-gloom situation that existed when we last published our annual Dairy 100 — ranging from lost dairy sales in foodservice to dairy export-related roadblocks — has transformed into a decidedly sunnier situation.
Dairy Foods’ 27th annual Dairy 100 ranks the largest public and private companies, as well as the largest cooperatives, in the North American dairy industry.
It's been a year since we last published our annual Dairy 100. To say the 12 months in between have been eventful for the dairy industry would be quite the understatement.
The past year brought challenges to many North American dairy processors, from tariffs threatening export sales to a growing array of dairy alternatives squeezing limited shelf space. Some dairy processors fared better than others when it came to addressing those challenges.
As the Greek philosopher Heraclitus once famously noted, "Change is the only constant in life." And dairy processors certainly aren't immune to that reality. Expansions, acquisitions, divestitures, partnerships, new business and lost business bring ups and downs, large and small, to a number of individual companies in any given year.
Our latest Dairy 100 rankings, based on 2017 (or latest available) revenue, reflect those changes.