Dive Summary:

• New research from Rabobank shows a remarkable shift among the companies that make up the 10 largest dairy companies.
• Only two U.S. companies are on the list. Dairy Farmers of America and Dean Foods.
• Even those two U.S. firms aren't what they once were. DFA saw a decline in sales in 2012, while Dean ell one slot on the Top 10 list.
• Nestle S.A., retained the top spot, as the Swiss conglomerate acquired heavily in the organics space.
• Two Chinese dairies are in the Top 10. Five years ago there were none.

Rabobank's rankings cited the following as the world's top 10 dairy companies:

1. Nestle
2. Danone
3. Le Groupe Lactalis
4. Fonterra
5. FrieslandCampina
6. Dairy Farmers of America
7. Arla
8. Dean Foods
9. Saputo
10. ​Meiji