Danone
↗Paris, France
Danone is a French multinational food and beverage company headquartered in Paris, France, founded in 1919 in Barcelona, Spain by Isaac Carasso. With operations in over 120 countries, Danone is a world leader in nutrition, health, and hydration products, primarily focused on dairy, plant-based alternatives, and specialized nutrition. The company operates through three main business segments: Essential Dairy & Plant-Based (49.2% of sales), Waters (18.2% of sales), and Specialized Nutrition including medical nutrition and infant formula (32.6% of sales). Danone generated approximately €27.4 billion in revenue in 2024 with a workforce of 90,000 employees across 180+ production sites globally. The company is committed to science-backed nutrition solutions for specific health needs across the lifespan, from infancy through elderly care.
CLASSIFICATION
Company Type:Pharma
Therapeutic Areas:-
Industry:Food & Beverage / Nutrition
Sub-Industry:Dairy, Plant-based Foods, Specialized Nutrition, Bottled Water
SIZE & FINANCIALS
Employees:10000+
Revenue:$27B+
Founded:1919
Ownership:public
Status:operating
STOCK
Exchange:Euronext Paris
Ticker:BN
Market Cap:$49.7B
PIPELINE
Stage:Commercial
Lead Drug Stage:N/A - Nutrition company, not traditional pharmaceutical pipeline
Modalities:Nutritional formulas, Fermented dairy products, Probiotics, Plant-based proteins, Specialized medical nutrition, Bioactive compounds
Trial Phases:-
FDA Approvals:0
EMA Approvals:1
CORPORATE STRUCTURE
Subsidiaries:Danone North America, Nutricia, Alpro, Real Food Blends, Functional Formularies, Kate Farms (2025 acquisition), The Akkermansia Company (2025 acquisition), Evian, Volvic, Aptamil, Silk, So Delicious, Horizon Organic, International Delight, STōK, Wallaby Organic, Danimals, Oikos, Activia
Key Partnerships:Britannia Industries (India collaboration), Pasteur Institute (historical fermentation research), Global Research & Innovation Centers: Paris-Saclay (France), Utrecht Science Park (Netherlands)
COMPETITION
Position:Challenger
Competitors:Lactalis (world's largest dairy company, €30.3B revenue), Nestlé (€93B revenue, diversified food/nutrition), Unilever, Fonterra Cooperative Group, Royal FrieslandCampina, Arla Foods, Dairy Farmers of America, Yili +2 more
LEADERSHIP
Key Executives:
Antoine de Saint-Affrique - Chief Executive Officer
Gilles Schnepp - Chairman
Juergen Esser - Group Deputy Chief Executive Officer of Finance, Technology and Data
Véronique Penchienati-Bosetta - Group Deputy Chief Executive Officer
Vikram Agarwal - Chief Operating Officer of Cycles & Procurement, Manufacturing and Supply Chain
Roberto Di Bernardini - Chief Human Resources Officer
Brett Matthews - CEO of Danone's North America Medical Nutrition business
Scientific Founders:Isaac Carasso
Board Members:Antoine de Saint-Affrique (CEO), Gilles Schnepp (Chairman), Valérie Chapoulaud-Floquet (Nomination, Compensation & Governance Committee Chair), Géraldine Picaud (Audit Committee Chair), Lise Kingo (CSR Committee Chair)
LINKS
Website:danone.com
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