Milk in Global Markets

Milk in Global Markets
  • Pininvest Analysis

Milk is one of the more attractive growth markets from a long-term perspective, in terms of per capita consumption

Because  co-operatives ensure a large part of the production, the top five players - France’s Danone DANOY/OTC) and Lactalis (private), Switzerland’s Nestle NSRGY/OTC), and China’s Mengniu Dairy CIADF/OTC) and Inner Mongolia Yili Industrial Group (600887:Shanghai) account for less than 20 percent of the retail market for dairy products worldwide

With co-operatives dominating in Northern Europe (Arla in Denmark, FrieslandCampina in the Netherlands), in India and in Australia (Fonterra FTRRF/OTC, investment opportunities are constrained, especially for Chinese milk companies seeking to diversify and to strengthen their industrial knowhow – next to Australian Burra Foods (Inner Mongolia Fuyuan Farming taking a 79% stake in 2016), listed companies on the New Zealand stock exchange have made noticeable and unusual runs in through March 2018 – A2Milk (NZX:ATM +380%) and Synlait (NZX:SML +130%)

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Milk in Global Markets • Updated:

Name Ticker Exchange Sector Industry Currency Cur.Price Mkt.Cap Perf. Vol. Risk Contrib. MDD
 
China Mengniu Dairy CIADF OTC Consumer Non-Durables Milk & Dairy Products USD 3.85 - 9.1% 28%   10% -25%
Danone DANOY OTC Consumer Non-Durables Food - Major Diversified USD 16.10 - 5.1% 17%   11% -15%
Dean Foods DF NYSE Consumer Non-Durables Milk & Dairy Products USD 1.37 126 M -84.6% 63%   1% -88%
Fonterra Shareholders' Fund FTRRF OTC Consumer Non-Durables Milk & Dairy Products USD 3.13 - -25.5% 22%   3% -29%
General Mills GIS NYSE Consumer Non-Durables Food - Major Diversified USD 52.81 32 B 28.4% 23%   14% -23%
Glanbia plc GLAPF OTC Consumer Non-Durables Food - Major Diversified USD 18.60 - 16.8% 27%   9% -14%
Grupo LALA, S.A.B GRPBF OTC Consumer Non-Durables Milk & Dairy Products USD 1.30 - 17.7% 38%   21% -29%
Nestle S.A. NSRGY OTC Consumer Non-Durables Food - Major Diversified USD 99.08 - 32.3% 13%   11% -8%
Reckitt Benckiser RBGLY OTC Consumer Non-Durables Cosmetics & Personal Care USD 16.38 - 4.5% 24%   11% -21%
Saputo SAPIF OTC Consumer Non-Durables Milk & Dairy Products USD 33.20 - -1.3% 21%   8% -19%