Danone
Danone S.A., often referred to simply as Danone, is a multinational food and beverage corporation headquartered in Paris, France. It was founded in Barcelona, Spain, in 1919 by Isaac Carasso. The company's name, "Danone," is a diminutive of Carasso's son's name, Daniel.
Danone operates in a wide range of food and beverage categories, focusing on health and wellness. Its principal business lines include:
- Essential Dairy & Plant-Based Products: This segment includes yogurt, dairy desserts, fresh cheese, plant-based alternatives to dairy (made from ingredients like soy, almond, coconut, and oat), and other dairy-based products.
- Specialized Nutrition: This area encompasses early life nutrition (infant formula and baby food) and medical nutrition (products designed to address specific dietary needs related to illnesses or health conditions).
- Waters: Danone's water division includes both still and sparkling bottled water brands.
Danone markets its products globally under a variety of brand names, some of the most recognizable include Activia, Oikos, Danonino, Evian, Volvic, and Nutricia. The company has a significant presence in both developed and emerging markets.
Danone is publicly traded on the Euronext Paris stock exchange. The company places emphasis on sustainable business practices, including environmental stewardship and social responsibility, often highlighting these values in its corporate communications and initiatives. The company has faced scrutiny and evolving consumer preferences, prompting adjustments in its product portfolio and strategic direction over the years.