Fonterra slides to fourth in world dairy rankings
date:Jul 21, 2012
arters for 18 of the 20 are in the EU, North America, Japan or New Zealand.

Top 20 newcomers

Elsewhere, Netherlands-based dairy giant FrieslandCampina ($13.4bn, 9.7bn) held onto fifth place. Dean Foods ($11.7bn, 8.4bn) dropped one position to seventh, with Dairy Farmers of America ($13bn, 9.3bn) replacing it in sixth.

Danish dairy cooperative, Arla Foods ($10.3bn, 7.4bn) and Kraft Foods ($7.7bn, 5.5bn) held onto eighth and ninth place.

Japanese dairy firm Meiji completed the dairy top 10 for
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