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Danone Net Worth, Marketcap, Revenue, Competitors 2026

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€27.4B 2024 Revenue (EUR)
$57.1B Market Cap (Dec 2025)
89,528 Employees Worldwide
120+ Countries Served
1919 Year Founded

Danone SA ranks among the world’s largest food and beverage companies. The French multinational operates from its headquarters in Paris and sells products in over 120 countries through brands like Activia, Evian, Aptamil, and Alpro.

The company focuses on three core segments: essential dairy and plant-based products, specialized nutrition, and bottled waters. Danone leads in yogurt production globally and holds strong positions in baby food and medical nutrition markets.

With nearly 90,000 employees across six continents, Danone generates annual revenues exceeding €27 billion. The company became the first publicly listed firm to adopt French mission company status in 2020, embedding social and environmental goals into its corporate bylaws.

Danone History

1919
Isaac Carasso founded Danone in Barcelona, Spain, producing yogurt in a small factory. He named the brand after his son Daniel.
1929
Daniel Carasso moved the company to France and built its first French factory near Paris.
1967
Danone merged with Gervais, France’s leading fresh cheese producer, forming Gervais Danone.
1973
BSN, a French glassmaking company led by Antoine Riboud, merged with Gervais Danone to create BSN-Gervais Danone.
1994
The company renamed itself Groupe Danone, adopting its best-known international brand name.
2007
Danone acquired Royal Numico for €12.3 billion, gaining leadership in baby nutrition and medical nutrition markets.
2010
Danone entered Russia by acquiring Unimilk, which held 21% of the Russian dairy market.
2017
Danone completed its $12.5 billion acquisition of WhiteWave Foods, adding Alpro, Silk, and other plant-based brands.
2020
Danone became the first listed company to achieve French mission company status, embedding purpose into corporate governance.
2022
Antoine de Saint-Affrique launched the Renew strategy focusing on sustainable and profitable growth through health innovation.

Danone Co-founders

Isaac Carasso
Founded Danone in 1919 in Barcelona after observing children with intestinal disorders. He produced yogurt based on research from the Pasteur Institute and named the company after his son Daniel.
Antoine Riboud
Transformed BSN from a glassmaker into a food giant through the 1973 merger with Gervais Danone. His 1972 Marseille speech established the dual project philosophy balancing business success with social progress.

Danone Market Cap

Danone’s market capitalization stands at approximately $57.1 billion as of December 2025. This represents a 30% increase over the past year. The company trades on Euronext Paris and through ADRs on the US over-the-counter market.

Danone Market Capitalization (2015-2025) in Billion USD
$38B
2015
$42B
2016
$52B
2017
$48B
2018
$50B
2019
$46B
2020
$44B
2021
$38B
2022
$37B
2023
$44B
2024
$57B
2025

Danone Revenue

Danone reported €27.38 billion in sales for fiscal year 2024, with like-for-like growth of 4.3%. The company achieved volume growth of 3% for the first time in three years. Net income more than doubled to €2.02 billion.

Danone Annual Revenue (2015-2024) in Billion EUR
€22.4B
2015
€22.0B
2016
€24.7B
2017
€24.7B
2018
€25.3B
2019
€23.6B
2020
€24.3B
2021
€27.7B
2022
€27.6B
2023
€27.4B
2024

Danone Acquisitions

Danone built its global presence through strategic acquisitions spanning multiple decades. The company transformed from a regional yogurt maker into a diversified food and beverage multinational through targeted deals in dairy, nutrition, and beverages.

The 2007 purchase of Royal Numico for €12.3 billion marked Danone’s largest acquisition at that time. This deal brought infant formula brands like Aptamil and Nutrilon plus medical nutrition expertise from over 100 years of research. Numico’s capabilities complemented Danone’s existing yogurt and water businesses perfectly.

In 2010, Danone acquired Russian dairy company Unimilk to gain 21% of that market. The combined entity operated 28 facilities across Russia, Ukraine, Belarus, and Kazakhstan. This move gave Danone access to fast-growing emerging markets and popular local brands like Prostokvashino.

The 2017 acquisition of WhiteWave Foods for $12.5 billion represented Danone’s largest deal ever. WhiteWave brought plant-based milk leader Silk and European favorite Alpro into the portfolio. The transaction also added organic dairy brand Horizon and coffee creamer brand International Delight. Danone sold Stonyfield organic yogurt to satisfy US antitrust requirements.

Danone divested non-core businesses alongside acquisitions. The company sold its biscuit division to Kraft for €5.3 billion in 2007. Glass container and brewing operations were sold during the 1990s as Danone sharpened its focus on health-oriented food categories. In May 2025, Danone announced acquisition of majority stake in Kate Farms, an American medical nutrition specialist.

Danone Competitors

Danone competes against major food and beverage multinationals across dairy, plant-based, bottled water, and specialized nutrition categories. The company holds leading positions in yogurt globally and ranks among top players in infant formula markets.

Company Headquarters Primary Segment
Nestle Switzerland Dairy, Infant Nutrition, Waters
Unilever Netherlands/UK Ice Cream, Plant-Based Foods
PepsiCo United States Beverages, Snacks
Coca-Cola United States Beverages, Waters
General Mills United States Yogurt, Cereals
Lactalis France Dairy Products, Cheese
Chobani United States Greek Yogurt, Oat Milk
Oatly Sweden Plant-Based Dairy
Fonterra New Zealand Dairy Ingredients
Friesland Campina Netherlands Dairy, Infant Nutrition

FAQs

When was Danone founded?

Isaac Carasso founded Danone in 1919 in Barcelona, Spain, producing yogurt and naming the brand after his son Daniel.

What products does Danone make?

Danone produces dairy yogurts, plant-based foods under Alpro and Silk, bottled waters including Evian, baby formula, and medical nutrition products.

Where is Danone headquartered?

Danone SA is headquartered in Paris, France. The company operates manufacturing facilities and sales offices across more than 55 countries worldwide.

Who owns Danone?

Danone is publicly traded on Euronext Paris. American investors own 43% of shares, French investors hold 19%, and UK investors control 10%.

What are Danone’s main brands?

Danone owns Activia, Oikos, Actimel, Alpro, Silk, Evian, Volvic, Aptamil, Nutrilon, and International Delight among its portfolio of global brands.

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