11-07-2014 08:53 AM | USA

Top global dairy companies battle challenging conditions

Underlying slow growth in global dairy markets has made mergers and acquisitions increasingle important to extract growth, reduce costs and sustain profits. according to a new report by Rabobank.

Giant dairy processing companies have been "paddling hard in slow-moving water," faced with stagnant sales in many key markets, weak economies and supply constraints, according to Rabobank’s annual Global Dairy Top 20 report, released July 9.

Nonetheless, the world’s largest dairy companies remain reasonable entrenched, with Nestle, Danone and Lactalis again topping the list, said Tim Hunt, Rabobank analyst and co-author of the report.
Full Story : Capital Press