Rising consumer purchasing power will propel the lucrative Chinese ice cream market to growth over the next three years, according to research – even if a surge of COVID-19 cases may keep restaurants and ice cream parlors shut for parts of this winter.
Chinese dairy group Yili is the first dairy company to top annual sales of RMB100 billion in Asia and it has been named the ‘most chosen’ CPG brand in China with a household penetration rate of 92.4%. What’s the secret to its success?
The Inner Mongolia Autonomous Region local government has allocated specific funding for the development and revitalisation of the dairy industry in the region, aiming to work with local dairy giants Yili and Mengniu to maximise its potential.
Earlier this year, Chinese dairy giant Yili set out its ambition for a carbon neutral future. The company is leveraging innovation to build more sustainable production processes and products. Here’s how.
A day after China’s Shenzhou 13 crew returned to Earth, dairy company Yili Group announced a collaboration with the China Center for Aerospace Science and Technology International Communications (CCASTIC), an affiliation of China Aerospace Science and...
Chinese dairy giant Yili Group has officially launched the first phase of the Yili Indonesia Dairy Production Base. Upon completion of its second phase, it will become the country's largest ice cream factory with a daily production capacity of 4m...
New data published by the Coller FAIRR Protein Producer Index says despite pockets of leadership and innovation the animal agriculture sector is unprepared for the decade of transition on climate change and risks looking “outdated and unattractive.”
Access to Nutrition Initiative (ATNI) has launched its fourth assessment of the marketing policies and practices of the world’s largest manufacturers of formulas and foods for infants and young children.
Yili Group will attend the 14th Global Dairy Congress and as the only invited enterprise from China’s dairy industry. On June 22, assistant president Dr Zhanyou Yun from Yili Group will deliver a keynote speech of “Driving Innovation and Branding.”
Yili has released its 2020 annual report. According to the data, the company's total revenue reached RMB 96.886bn ($14.97bn) and net profit attributable to the parent company was RMB 7.078bn ($1.09bn).
New Zealand’s Westland Dairy Company Limited said it will use co-investment from the Government Investment in Decarbonising Industry (GIDI) Fund to accelerate plans to reduce carbon emissions produced by its Hokitika factory.