2022 | 2021 | Name | Country | 2022 | 2021 | 2022 | 2021 |
|---|---|---|---|---|---|---|---|
| 1 | 1 | Yili | China | $10,594M | $9,591M | AAA- | AAA- |
| 2 | 2 | Danone | France | $7,860M | $8,206M | AA+ | AA+ |
| 3 | 3 | Mengniu | China | $5,533M | $4,788M | AAA- | AA+ |
| 4 | 4 | Arla | Denmark | $3,526M | $3,139M | AA- | AA- |
| 5 | 5 | Amul | India | $3,255M | $3,133M | AAA | AAA |
| 6 | 7 | Vinamilk | Vietnam | $2,814M | $2,383M | AAA | AAA |
| 7 | 8 | Almarai | Saudi Arabia | $2,733M | $2,203M | AAA- | AA+ |
| 8 | 9 | Prèsident | France | $2,310M | $2,090M | AA- | AA- |
| 9 | 10 | Yakult | Japan | $2,144M | $1,985M | AA+ | AA |
| 10 | 6 | Enfamil | United States | $2,141M | $2,414M | AA+ | AA+ |