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.
The Chinese dairy firm’s earnings from infant formula and adult milk powder have climbed by nearly 60%, with cheese and ice cream also in double-digit territory.
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...
Dairy Reporter recently had the opportunity to dig a little deeper into one of Yili’s brands, AMBPOMIAL, with Dr Zhanyou Yun, assistant president of Yili. The yogurt brand launched in 2013.
Yili Group has released its non-public offering announcement, signifying the finalization of the largest private placement in the consumer sector on China's A-share market.
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the animal agriculture sector is unprepared for the decade of transition on climate change and risks looking “outdated and unattractive.”
Ingredient supplier Ausnutria Dairy Ingredients, based in Ommen in The Netherlands, has updated its goat milk ingredients brand CBM as part of a complete overhaul.
Chinese dairy giant Inner Mongolia Yili Industrial Group Co., Ltd. has announced it has taken a stake in goat milk formula company Ausnutria Dairy Co. Ltd. to become its largest shareholder.
China Youran Dairy Group Limited, China's largest integrated upstream dairy player by revenue, debuted on the Hong Kong Stock Exchange on Friday, June 18, 2021.
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.
