2021 | 2020 | Name | Country | 2021 | 2020 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| 1 | 1 | Yili | China | $9,591M | $8,644M | AAA- | AAA- |
| 2 | 2 | Danone | France | $8,206M | $7,825M | AA+ | AA+ |
| 3 | 3 | Mengniu | China | $4,788M | $5,316M | AA+ | AA+ |
| 4 | 5 | Arla | Denmark | $3,139M | $3,273M | AA- | A+ |
| 5 | 6 | Amul | India | $3,133M | $3,109M | AAA | AAA- |
| 6 | 4 | Friso | Netherlands | $2,997M | $3,739M | A+ | AA |
| 7 | null | Enfamil | United States | $2,414M | $0M | AA+ | null |
| 8 | 9 | Vinamilk | Vietnam | $2,383M | $2,128M | AAA | AAA- |
| 9 | 8 | Almarai | Saudi Arabia | $2,203M | $2,300M | AA+ | AA+ |
| 10 | null | Président | France | $2,090M | $0M | AA- | null |