Fonterra Co-operative Group Ltd is a farmer-owned dairy co-operative based in Auckland, New Zealand. It describes itself as a global business-to-business dairy provider, going to market through its ingredients brand NZMP and its foodservice brand Anchor Food Professionals, with Nutiani as its wellbeing nutrition ingredients brand. Fonterra completed the sale of Mainland Group in March 2026, following approval from its farmer shareholders. Richard Allen has been Chief Executive Officer since May 2026.
For its 2026 financial year Fonterra reported revenue of NZ$27 billion and a final Farmgate Milk Price of NZ$9.69 per kgMS for the 2025/26 season. In Europe it runs a factory in Heerenveen, the Netherlands, and has a team based in Amsterdam. Food Engineering’s 2026 Top 100 Food and Beverage Companies ranks Fonterra 40th, with food sales of US$13,871 million (NZ$24,111 million) for the year to July 2025.