Topic of the week
Rabobank’s Global Dairy Top 20 Report Highlights Slower Growth, Shifting Strategies, and Potential M&A Activity
Rabobank’s annual Global Dairy Top 20 report by RaboResearch has revealed that the world’s leading dairy companies experienced a modest 0.3% increase in combined turnover in US dollar terms for 2023, following a strong 8.1% rise in the previous year. The slowdown is largely attributed to lower milk prices in 2023 compared to the elevated levels seen in 2022.
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