Whatco

Danone

Dairy, plant-based, waters and specialized nutrition · France

Danone is a French food and drink company that makes yogurt and plant-based products, bottled water such as evian, and baby and medical nutrition under brands like Activia, Alpro, Aptamil and Nutricia, sold in over 120 markets.

What makes it different

A third of sales come from baby and medical nutrition.

34%Sales from Specialized NutritionFY2025

Specialized Nutrition, mostly infant formula and medical nutrition, is Danone’s second-largest category after yogurt and plant-based products.

How big it is

How big is Danone?

€27.28BSalesFY2025
120+MarketsFY2025
88,670Employees2025
How it makes money FY2025

Dairy first, then baby nutrition.

  • Essential Dairy & Plant-Based48%€13.16B
  • Specialized Nutrition34%€9.28B
  • Waters18%€4.85B
How the business works

Health science behind everyday food brands.

  1. 1Dairy, water, baby nutrition
  2. 2Science-based brands
  3. 3Pharmacies, shops, hospitals

Medical and infant products reach buyers through pharmacies and hospitals, not only supermarkets.

Who owns it
  • Other shareholders74.5%
  • BlackRock6.9%
  • Artisan Partners5.9%

CEO: Antoine de Saint-Affrique

Who it competes with
NestléLLactalisGeneral MillsMMüllerAbbottRReckitt (Mead Johnson)
Key moments
  1. 1919The first Danone yogurt, in Barcelona
  2. 1972Marseille speech and the Dual Project
  3. 1973BSN and Danone merge
  4. 2007Royal Numico acquired
  5. 2017WhiteWave acquired
Sources

Every number on this page comes from Danone's own reports.

Full profile

The rest of the story is in the app.

What Danone tracks25 metrics
Volumes sold rating 3.5 or more Health Stars
Key ingredients sourced from farms starting regenerative agriculture
Volume / mix growth
Results, quarter by quarterwith a chart
Revenue
Profit
Margin
Where the money comes from5 regions
Europe
North America
Asia, Middle-East & Africa
The full timeline18 moments
2021
2025
2026
Danone vs Nestléside by side
Revenue
Profit
People
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