Dairy industry chain is long, including raw material production, dairy processing, transportation and sales and other links. If the profit distribution of each link is seriously unreasonable, it will increase the potential risk of dairy safety. Based on the starting point that high risk should bring high profit, this paper studied the reasonable profit ratio of each link of China''s dairy industry chain, and provides reasonable suggestions for the benign development of the dairy industry. Firstly used Fuzzy Matter-Element method and Entropy Weight method to comprehensively evaluate the risk of each link in China''s dairy industry, and calculate the risk coefficient; Then discussed the unbalanced status of the profit distribution of each link; On this basis, the risk coefficient was taken as the risk bearing factor, and by using the modified Shapley Value model, we obtained the final reasonable profit distribution scheme of the dairy industry chain; Finally, corresponding measures and suggestions are put forward to promote the industry to form a balanced risk-profit ratio, so as to reduce the risk of the dairy industry chain.