10. Yili
For the first time, a Chinese dairy has featured in the top 10 of the Rabobank Dairy Top 20.
With reported 2013 dairy sales of US$7.6bn (€5.7bn), Yili jumped from twelfth to tenth.
"We continue to see some companies outperform their peers in sheer growth terms. In particular, the Chinese giants Yili and Mengniu, which saw their sales expand by 14% and 20% respectively, with Yili entering the top 10 for the first time ever," said Tim Hunt, global dairy strategist, Rabobank.