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  4. Activia
Activia logo
Food & Beverage

Who Owns Activia?

Activia is owned by Danone SA, a French multinational food and beverage company publicly traded on Euronext Paris under the ticker BN. Danone launched Activia in France in 1987 under the Danone brand. The product is sold under the Activia name in most markets and under the DanActive name for its probiotic drinks line. Danone is headquartered in Paris, France.

Parent Company

Danone S.A.

Founded

1987

Status

Publicly Traded

Headquarters

Paris, France

Activia Timeline

1919
Danone S.A.

Parent company established in Paris, Ile-de-France, France

Company Founded
1987

Activia

Founded by Danone Research Team

Founded
GlobalOfficial Website

Who Owns Activia?

  • Parent Company: Danone S.A.
  • Ownership Type: Wholly owned
  • Company Type: Publicly Traded
  • Stock Ticker: Euronext Paris: BN
BrandParent CompanyOwnership Type
ActiviaDanone S.A.Wholly owned

Where to Buy

Disclosure: We may earn commission from purchases
AmazonActivia on Amazon

History of Activia

  • Founded: 1987
  • Founders: Danone Research Team

Danone launched Activia in France in 1987 as a yogurt product containing a proprietary probiotic strain, Bifidobacterium animalis lactis DN-173 010, which Danone branded as Bifidus ActiRegularis (later rebranded in some markets as BL Regularis). The product was developed by Danone's research team as part of the company's strategy to differentiate its dairy portfolio through functional health benefits rather than competing purely on taste or price.

In its early years, Activia was marketed with specific digestive health claims, particularly around regularity. The brand grew steadily through the late 1980s and 1990s in European markets. Danone began international expansion of the brand in the 1990s and early 2000s, adapting the product formulation, taste profile, and marketing to local consumer preferences in each new market.

Activia entered the United States in 2006, where it was distributed through Dannon (Danone's U.S. subsidiary). The U.S. launch was accompanied by a large-scale marketing campaign featuring actress Jamie Lee Curtis, who became the brand's spokesperson and significantly raised consumer awareness of probiotic yogurt as a category.

In 2010, Danone and its U.S. subsidiary Dannon settled a class action lawsuit and agreed to pay approximately 35 million USD to resolve claims that advertising for Activia and DanActive had overstated the health benefits of the probiotics. As part of the settlement, Danone agreed to modify its advertising claims. The Federal Trade Commission also required Danone to substantiate health claims for Activia with competent and reliable scientific evidence.

Following the 2010 settlement, Danone reformulated its marketing approach globally, moving from specific digestive regularity claims that implied clinical-level efficacy to softer messaging about supporting digestive comfort as part of a balanced diet. The reformulated marketing has remained compliant with regulatory requirements in major markets.

In 2020, Danone announced a major restructuring initiative as part of its Local First strategy, which included optimizing its brand portfolio and reducing exposure to underperforming categories. Activia was identified as one of Danone's core priority brands and received continued investment in product development and marketing.

About Danone S.A.

What does Danone own?
Danone owns approximately 20 major brands across three segments. In Essential Dairy and Plant-Based, it owns Activia, Actimel, Oikos, Danone, Alpro, Silk, and STōK. In Waters, it owns evian, Volvic, Aqua, and Mizone. In Specialized Nutrition, it owns Aptamil, Nutrilon, Nutricia, Nutrison, Neocate, and Kate Farms. The company sold or deconsolidated Horizon Organic in 2024.

Is Danone publicly traded?
Yes. Danone S.A. is publicly traded on Euronext Paris under the ticker BN. The company is a component of the CAC 40 index. An ADR program trades on the OTCQX platform under the symbol DANOY for U.S. investors. There is no parent company or controlling shareholder.

Who founded Danone?
Danone was founded in 1919 by Isaac Carasso in Barcelona, Spain. Carasso named the company after his son Daniel, whose nickname was "Danon." The company began by producing yogurt using cultures from the Pasteur Institute, positioning yogurt as a health food. Daniel Carasso expanded the business to France in 1929.

Where is Danone headquartered?
Danone is headquartered in Paris, Ile-de-France, France. The company's corporate offices, including executive leadership and global functions, are based in Paris, with major operational centers and manufacturing facilities across Europe, North America, Asia, and Latin America.

How many brands does Danone own?
Danone owns approximately 20 major brands across its three segments. The most prominent are Activia, Actimel, Oikos, Alpro, Silk, evian, Volvic, Aqua, Aptamil, Nutricia, and Kate Farms. The company's portfolio is focused on health-focused food and beverage rather than indulgence products.

Who owns Danone?
Danone is an independent publicly traded corporation with no parent company. The company is owned by institutional investors, mutual funds, pension funds, and individual shareholders who hold its Euronext Paris-listed shares. Major institutional holders include BlackRock, Vanguard Group, and European pension funds. There is no founder control or dual-class share structure.

What were Danone's recent financial results?
For FY2025, Danone reported sales of €27.3 billion, up 4.5% like-for-like, with recurring EPS of €3.80, up 4.6%, and recurring operating margin of 13.4%, up 44 basis points. In H1 2026, sales were €13.9 billion, up 3.5% like-for-like, with recurring EPS of €1.92. The company confirmed 2026 guidance of 3% to 5% like-for-like sales growth.

Is Danone B Corp certified?
Yes. Danone achieved worldwide B Corp certification in 2025, independently verified by B Lab. This was the culmination of a decade-long process and makes Danone one of the largest food and beverage companies to hold this certification. The company is also recognized on the CDP Triple A List for climate, water, and forest performance.

  • Founded: 1919
  • Headquarters: Paris, Ile-de-France, France
  • Company Type: Publicly Traded
  • Stock: Euronext Paris: BN
  • Revenue: €27.3 billion (FY2025); €13.9 billion (H1 2026)
  • Employees: Over 90,000

Visit Danone S.A. website

View full company profile for Danone S.A.

Where Is Activia Made / Based?

  • Headquarters: Paris, France
  • Manufacturing / Operations: France, USA, Multiple global markets

Activia Categories & Tags

ProbioticYogurtDigestive HealthDanoneDairy

Activia Sustainability & Ethics

Danone holds B Corp certification at the corporate entity level, making it one of the world's largest B Corps. B Corp certification requires meeting minimum standards for social and environmental performance and accountability. Danone achieved this certification in 2021 and is required to recertify every three years.

Danone has committed to achieving carbon neutrality across its own operations (Scopes 1 and 2) by 2025 and to a science-based target for reducing value chain emissions by 2030. Dairy supply chains are a significant source of greenhouse gas emissions, primarily through enteric fermentation in cattle and manure management. Danone's climate commitments include working with dairy farmers to reduce on-farm emissions through feed optimization and herd management practices.

Activia's packaging in major markets uses recyclable plastic materials. Danone has committed to making 100 percent of its plastic packaging recyclable, reusable, or compostable by 2025. Progress toward this target is reported in Danone's annual integrated report.

Danone sources milk for Activia from contracted dairy farmers. In major markets, Danone has implemented supplier programs addressing animal welfare standards, sustainable farming practices, and farmer livelihood support. These programs are reported in Danone's supply chain sustainability disclosures.

Awards & Recognition

Danone has received recognition for its B Corp certification and sustainability leadership among large publicly traded food companies. Activia has received product-level recognition in consumer brand surveys in multiple markets for brand trust and category leadership in probiotic dairy.

In the United States, Activia has consistently appeared in consumer surveys of the most recognized probiotic yogurt brands. The brand's long-running advertising association with Jamie Lee Curtis became a notable cultural reference point for probiotic dairy marketing in the 2000s and 2010s.

Specific independently verifiable third-party product awards for Activia are not comprehensively documented in public records as of May 2025.

Activia Recalls & Controversies

FTC and Class Action Settlement (2010): In December 2010, the Federal Trade Commission announced a settlement with Dannon (Danone's U.S. subsidiary) requiring the company to stop making claims that Activia yogurt and DanActive dairy drink were clinically proven to relieve irregularity or that they reduced the likelihood of getting a cold or the flu, unless those claims could be substantiated by competent and reliable scientific evidence. Dannon agreed to pay 45 million USD to settle a related class action lawsuit brought by consumers who alleged the health claims were misleading. This was one of the largest settlements related to food health claim advertising at the time.

Ongoing Probiotic Claim Scrutiny: The regulatory environment for probiotic health claims has tightened significantly in the European Union and other major markets since 2010. The European Food Safety Authority (EFSA) has rejected most specific probiotic health claims submitted for approval, finding the scientific evidence insufficient to support them under EU standards. Activia's current marketing in EU markets uses general digestive wellness messaging that avoids specific efficacy claims, consistent with the regulatory framework.

Plastic Packaging Environmental Concerns: Like other dairy brands, Activia faces ongoing consumer and advocacy scrutiny regarding single-use plastic packaging. Danone has committed to recyclability targets, but the actual recycling rates for plastic yogurt containers remain low in many markets due to infrastructure limitations.

No Product Safety Recalls: Activia has not been subject to any FDA or equivalent food safety authority recall related to contamination or safety hazards as of May 2025.

Brands Owned by Danone S.A.

AquaFood Beverage

Aqua

Owned by Danone S.A.

Bottled water brand owned by Danone, providing purified drinking water across multiple countries.

bottled-waterdrinking-waterpurified-water
View all brands owned by Danone S.A.

Activia Ownership: Pros & Cons

Advantages

  • +Danone's global dairy manufacturing network allows Activia to be locally produced and distributed in more than 70 countries, reducing logistics costs and supporting local market adaptation
  • +Danone's B Corp certification provides a credibility platform for Activia's health and sustainability messaging that few competitors can match
  • +Activia's established probiotic positioning and decades of brand building have created strong consumer recognition in core markets that is difficult for new entrants to replicate
  • +Danone's research capabilities support ongoing product development and scientific substantiation for the brand's probiotic claims

Considerations

  • -The 2010 FTC settlement created a lasting association between Activia and misleading health claims that continues to affect brand perception among some consumers
  • -The regulatory environment for probiotic health claims remains highly restrictive in the EU and other major markets, limiting the specificity of claims the brand can make
  • -Competition from plant-based yogurt alternatives and other probiotic formats is increasing, particularly among younger consumers who are reducing dairy consumption
  • -Danone's overall financial performance has been under pressure in recent years, leading to restructuring that could affect marketing investment in individual brands including Activia

Frequently Asked Questions About Activia

Sources & Further Reading

  • Activia Official Website -
  • Danone SA Investor Relations -
  • Euronext Paris: Danone (BN) -
  • FTC Settlement with Dannon (2010) -
  • Danone Integrated Annual Report 2024 -
  • Danone B Corp Certification -
  • Wikidata: Activia (Q493657) -
  • European Food Safety Authority: Probiotic Claims -

Competitors to Activia

These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.

BrandParent CompanyCountryFoundedMarket PositionPrimary MarketGender Target
DannonDannonSister Brand
Danone
USA
1942
Mass marketUnited statesAll Genders
OikosOikosSister Brand
Danone
France
2011
Mass marketUnited statesAll Genders
FageFage
Fage
USA (US operations) / Luxembourg (holding)
1926
Premium authentic-greek-yogurtGlobalAll-consumers
Siggi'sSiggi's
Lactalis
USA
2005
Us skyr-leaderUnited statesAll-consumers
StonyfieldStonyfield
Lactalis
USA
1983
PremiumUnited statesAll Genders
YoplaitYoplait
General Mills
USA (General Mills)
1965
Mass marketGlobalAll Genders

Learn More About Competitors

DannonFood Beverage

Dannon

Owned by Danone S.A.

Mass-market US yogurt brand owned by Danone S.A. (Euronext Paris: BN), covering Original, Light & Fit, and Danimals product lines. One of the oldest yogurt brands in the United States, founded in 1942.

yogurtdairymainstream-yogurt
OikosFood Beverage

Oikos

Owned by Danone S.A.

Greek yogurt brand owned by Danone, competing with Chobani in the US strained yogurt and protein beverage market.

yogurtgreek-yogurtdairy
FageFood Beverage

Fage

Owned by Fage International S.A.

Greek dairy company and the creator of authentic Greek strained yogurt, founded in Athens in 1926. Fage Total is the best-known authentic Greek yogurt brand in the United States and the number one natural yogurt brand in America.

yogurtgreek-yogurtdairy
Siggi'sFood Beverage

Siggi's

Owned by Lactalis Group

Icelandic-style skyr brand founded in New York City in 2006 and owned by Lactalis Group since 2018. Known for its lower sugar content and simple ingredients, inspired by the Icelandic dairy tradition of skyr.

yogurtskyricelandic
StonyfieldFood Beverage

Stonyfield

Owned by Lactalis Group

American organic yogurt brand founded in New Hampshire in 1983, owned by Lactalis Group since 2017. The best-selling certified organic yogurt brand in the United States and a certified B Corporation.

yogurtorganicdairy
YoplaitFood Beverage

Yoplait

Owned by General Mills, Inc.

French yogurt brand owned by SODIAAL dairy cooperative, with US commercial license held by General Mills. Available in over 50 countries.

yogurtdairyfrench-brand

Competitive Analysis

Market Positioning: Activia competes with 6 brands in the same categories, ranging from mass market to luxury positioning.

Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.

Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.

Independent Alternatives to Activia

Looking for brands with different ownership structures? These similar brands are not owned by Danone S.A., giving you alternative choices that support different corporate structures.

FageFood Beverage

Fage

Owned by Fage International S.A.

Greek dairy company and the creator of authentic Greek strained yogurt, founded in Athens in 1926. Fage Total is the best-known authentic Greek yogurt brand in the United States and the number one natural yogurt brand in America.

yogurtgreek-yogurtdairy
Privately Owned

Fage is privately owned, unlike Activia which is under a publicly traded parent company.

Siggi'sFood Beverage

Siggi's

Owned by Lactalis Group

Icelandic-style skyr brand founded in New York City in 2006 and owned by Lactalis Group since 2018. Known for its lower sugar content and simple ingredients, inspired by the Icelandic dairy tradition of skyr.

yogurtskyricelandic
Privately Owned

Siggi's is privately owned, unlike Activia which is under a publicly traded parent company.

StonyfieldFood Beverage

Stonyfield

Owned by Lactalis Group

American organic yogurt brand founded in New Hampshire in 1983, owned by Lactalis Group since 2017. The best-selling certified organic yogurt brand in the United States and a certified B Corporation.

yogurtorganicdairy
Privately Owned

Stonyfield is privately owned, unlike Activia which is under a publicly traded parent company.

ChobaniFood Beverage

Chobani

Owned by Chobani, LLC

American food and beverage company founded in 2007 by Hamdi Ulukaya, specializing in Greek yogurt, coffee, creamers, and plant-based foods. Privately held with 2025 revenue of $3.8 billion.

greek-yogurtdairycoffee
Privately Owned

Chobani is privately owned, unlike Activia which is under a publicly traded parent company.

Au VodkaFood Beverage

Au Vodka

Owned by Sazerac Company, Inc.

UK-based premium vodka and ready-to-drink cocktail brand known for gold bottles, founded in 2015 in Swansea, Wales. Acquired by Sazerac in August 2026 for a reported valuation of approximately £500 million.

vodkaspiritsrtd
Privately Owned

Au Vodka is privately owned, unlike Activia which is under a publicly traded parent company.

Baby RuthFood Beverage

Baby Ruth

Owned by Ferrero

American chocolate candy bar with peanuts, caramel, and chocolate, founded in 1921 by Curtiss Candy Company and owned by Ferrero Group since January 2018.

chocolateconfectionerycandy
Privately Owned

Baby Ruth is privately owned, unlike Activia which is under a publicly traded parent company.

Danone S.A. Stock Information

Jobs at Danone S.A.

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Last reviewed: May 25, 2026 · Reviewed by Who Brands Editorial Team