| Rank | Logo | Company | Market Cap | Country |
|---|---|---|---|---|
| 1 | Yili Group | $24.24 B | China | |
| 2 | Saputo | $12.39 B | Canada | |
| 3 | Mengniu Dairy | $8.06 B | China | |
| 4 | Meiji Holdings | $6.75 B | Japan | |
| 5 | Fonterra | $5.87 B | New Zealand | |
| 6 | Emmi AG | $5.44 B | Switzerland | |
| 7 | The a2 Milk Company | $4.86 B | New Zealand | |
| 8 | Vinamilk (Vietnam Dairy Products) | $4.85 B | Vietnam | |
| 9 | Morinaga Milk Industry | $2.40 B | Japan | |
| 10 | Hatsun Agro Products | $2.37 B | India | |
| 11 | Saudia Dairy & Foodstuff Company | $1.76 B | S. Arabia | |
| 12 | Kri-Kri Milk Industry | $0.80 B | Greece | |
| 13 | Baladna | $0.72 B | Qatar | |
| 14 | Dutch Lady Milk Industries | $0.51 B | Malaysia | |
| 15 | Vadilal Industries | $0.35 B | India | |
| 16 | Lifeway Foods | $0.27 B | USA | |
| 17 | Parag Milk Foods | $0.24 B | India | |
| 18 | Synlait Milk | $0.17 B | New Zealand | |
| 19 | Schwälbchen Molkerei | $67.74 M | Germany | |
| 20 | Milkfood Limited | $12.22 M | India |
Largest dairy companies by Market Cap




