Rabobank Report: World's Top 20 Dairy Companies

               Rabobank Report: World's Top 20 Dairy Companies

Jostling for position in a changing global market

PR Newswire

NEW YORK, July 16, 2012

NEW YORK, July 16, 2012 /PRNewswire/ --Rabobank has published a new report
listing the top 20 largest dairy companies in the world, ranked by dairy
product turnover. The report highlights the 'who's who of dairy' as well as
the continuing spate of merger and acquisition activity and tensions between
the past and future of the dairy industry.

The report, authored by Rabobank's Food & Agribusiness Research and Advisory
group, shows Nestle and Danone at the top of the list, which remains dominated
by dairy companies in OECD countries: headquarters for 18 of the 20 companies
are in the EU, North America, Japan, or New Zealand.

However, the biggest strides up the rankings this year were made by Chinese
giants Yili and Mengniu, riding the wave of domestic market sales growth. The
report says that in fact most of the growth prospects for dairy companies lie
beyond OECD boundaries.

The ability of these companies to respond to changing global market dynamics
will determine their prospects for survival and success in coming years.
Rabobank expects to see dairy companies continue to vigorously pursue M&A
targets in the next 12 months as they jostle to position themselves for growth
and profit in a changing market environment.

A copy of the Global Dairy Top 20 report is available to media upon request.

Rabobank Group is a global financial services leader providing wholesale and
retail banking, asset management, leasing, real estate services, and renewable
energy project financing. Founded over a century ago, Rabobank is one of the
largest banks in the world, with nearly $1 trillion in assets and operations
in more than 40 countries, and is among the highest rated private banks by S&P
and Moody's. Internationally Rabobank focuses on food and agriculture and in
North America it is a premier bank to the food, beverage and agribusiness
industry. Rabobank's Food & Agribusiness Research and Advisory group is
comprised of more than 80 analysts around the world who provide expert
analysis, insight and counsel to Rabobank clients about trends, issues and
developments in all major sectors of agriculture. www.Rabobank.com

SOURCE Rabobank

Website: http://www.rabobank.com
Contact: Lynne Burns, lynne.burns@rabobank.com, +1-212-808-2581