5. FrieslandCampina
FrieslandCampina fought off Dairy Farmers of America (DFA) to hold on to fifth place in the Rabobank Dairy Top 20.
The Dutch dairy cooperative, which is owned by around 19,300 farmers in the Netherlands, Germany, and Belgium, recorded sales of US$14.9bn (€11.2bn) in 2013 - up from US$13.5bn (€10.5bn) the previous year.