
Dannon is a wholly-owned brand of Danone S.A. (Euronext Paris: BN), the French multinational food company. Danone acquired control of The Dannon Company in 1981. Dannon is the US trade name for Danone's mainstream yogurt products, including Original, Light & Fit, and Danimals. Danone North America, the parent's US operating entity, is headquartered in White Plains, New York, and reported over $7.7 billion in revenue in 2024.
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Dannon | Danone S.A. | Wholly owned |
Dannon's origins trace to 1919, when Isaac Carasso founded Danone in Barcelona, Spain, producing yogurt using cultures from the Pasteur Institute. Carasso named the company after his son Daniel, whose childhood nickname was Danone. The company expanded to France in 1929. During World War II, Daniel Carasso moved to the United States, where he partnered with two Spanish immigrants, Joe Metzger and his son Juan Metzger, to establish the first American yogurt production operation.
The Metzger brothers founded The Dannon Company in 1942 in the Bronx, New York. They initially produced plain yogurt and sold it through pharmacies and health food stores, positioning it as a digestive health product. Yogurt was virtually unknown to most American consumers at the time. The company used the name "Dannon" rather than "Danone" because the Danone trademark was already registered in the United States by an unrelated entity.
In 1947, Dannon introduced fruit-on-the-bottom yogurt, a product innovation that transformed the brand from a niche health food into a mainstream grocery item. The fruit-flavored yogurt broadened the consumer base beyond health-conscious buyers to families and children. This product format remains a standard yogurt configuration in the US market today.
Dannon expanded production and distribution through the 1950s and 1960s. The company built a new manufacturing facility in Minster, Ohio, in 1965 to serve growing national demand. Television advertising campaigns in the 1960s and 1970s established Dannon as a household name, with commercials showing elderly people in Soviet Georgia eating Dannon yogurt, implying longevity benefits from regular consumption.
Danone S.A. of France acquired controlling interest in The Dannon Company in 1981. The acquisition brought the US licensee under the direct ownership of the original Danone parent company. Following the acquisition, Dannon continued to operate under its established brand name, with Danone investing in product development and manufacturing capacity expansion.
The 1990s and 2000s saw Dannon introduce several new product lines. Light and Fit, a lower-calorie yogurt line, targeted health-conscious consumers. Danimals, a children's yogurt and drinkable yogurt brand, was launched to compete with Yoplait's Go-Gurt. Activia, a probiotic yogurt marketed for digestive health, was introduced as a separate sub-brand under the Danone umbrella rather than the Dannon name. Oikos, a Greek yogurt line, was launched to compete with Chobani.
The US yogurt market underwent a significant shift in the 2010s as Greek yogurt captured market share from traditional stirred yogurt. Chobani, founded in 2005, overtook Dannon in multiple segments. Danone North America's yogurt market share was 28.2% as of April 2025 according to NielsenIQ data, with Chobani at 22.3%. Danone's share includes Dannon, Activia, Oikos, and YoCrunch combined.
In 2017, Danone acquired WhiteWave Foods, the parent of Horizon Organic and Silk, for $12.5 billion. This acquisition expanded Danone North America's portfolio beyond yogurt into plant-based products and organic dairy. Danone North America became a Certified B Corporation in 2018, reflecting the company's commitment to social and environmental standards.
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.
Danone North America is a Certified B Corporation, having received certification in 2018 and been recertified in 2024. B Corp certification is administered by B Lab and requires verified standards across governance, worker treatment, community impact, and environmental performance. Danone North America is one of the largest B Corp certified food companies in the United States.
Danone S.A. participates in the Science Based Targets initiative and has published emissions reduction targets aligned with the Paris Agreement. The company has committed to becoming carbon neutral by 2050. Danone reports progress annually through its Universal Registration Document and integrated sustainability reports.
Dannon products are not certified organic, though Danone North America offers organic products through its Horizon Organic brand. Dannon yogurt is not certified cruelty-free or vegan, as these certifications are not standard for dairy yogurt products. The brand does not carry Leaping Bunny or PETA cruelty-free certification.
Danone has faced criticism regarding plastic packaging waste from its yogurt containers. The company has committed to making 100% of its packaging recyclable, reusable, or compostable by 2025, though progress toward this target has not been independently verified as of June 2026.
Dannon and its parent Danone North America have been involved in several recalls and legal proceedings:
In February 2024, Danone US LLC recalled 15 cases (90 units) of Dannon Plain Yogurt in 32-ounce containers due to potential contamination with sanitizer. The affected product was sold at retail level in Georgia with an expiration date of March 13, 2024. The FDA classified the recall as Class II. No illnesses were reported.
In July 2025, Danone US initiated the largest recall in its North American history, recalling approximately 2.5 million cases of YoCrush yogurt across all 17 varieties sold nationwide. The recall was triggered by transparent plastic pieces measuring 7 to 25 mm with potentially sharp edges found in the dome topper packaging. The FDA classified this as a Class II recall. The contamination was isolated to the separately sealed topper packaging, not the yogurt itself. No injuries were reported. Danone offered refunds to affected consumers.
YoCrush has appeared in four separate recall events between 2019 and 2025, including undeclared allergens (wheat) in 2023 and 2024, and undeclared peanuts and eggs in 2019. The repeat wheat allergen violations in 2023 and 2024 involving the same product suggest insufficient corrective action after the first recall.
In 2009, Dannon settled a class action lawsuit for $35 million over advertising claims that Activia and DanActive yogurt products provided digestive health benefits. The plaintiffs alleged that Dannon overstated the scientific evidence supporting its probiotic health claims. Under the settlement, Dannon agreed to modify its advertising language and remove certain health claims from packaging. The settlement required court approval and was finalized in 2010.
A separate class action lawsuit filed in 2020 alleged that Dannon's vanilla yogurt was deceptively labeled because the vanilla flavor was derived from non-vanilla bean sources. The case was dismissed by a federal court in 2022, with the judge ruling that reasonable consumers would not expect "vanilla" on a yogurt label to mean exclusively vanilla bean extract.
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| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Danone | France | 1987 | Mass market | Global | All Genders | |
| Danone | France | 2011 | Mass market | United states | All Genders | |
| Fage | USA (US operations) / Luxembourg (holding) | 1926 | Premium authentic-greek-yogurt | Global | All-consumers | |
| Kraft Heinz | USA | 1872 | Mass market | Global | All Genders | |
| Lactalis | USA | 2005 | Us skyr-leader | United states | All-consumers | |
| Lactalis | USA | 1983 | Premium | United states | All Genders |
Food BeverageOwned by Danone S.A.
Probiotic yogurt brand owned by Danone SA, sold in more than 70 countries. Activia is positioned as a digestive health product and is one of Danone's highest-revenue dairy brands globally.
Food BeverageOwned by Danone S.A.
Greek yogurt brand owned by Danone, competing with Chobani in the US strained yogurt and protein beverage market.
Food BeverageOwned 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.
Food BeverageOwned by Kraft Heinz Company
Cream cheese brand owned by Kraft Heinz. Created in 1872 by William Lawrence in Chester, New York. Sold in over 90 countries with annual revenue exceeding 1 billion USD.
Food BeverageOwned 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.
Food BeverageOwned 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.
Market Positioning: Dannon 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.
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