Chinese dairy giant Yili believes that artificial intelligence (AI) in product innovation lies in formulation and efficiency improvements, but stresses it is no silver bullet to create good end-product results.
China dairy giant Yili has secured ‘record high’ financial results in the first nine months of its financial year driven by liquid milk and ice cream category growth.
It will mostly be the major domestic players and MNCs that will thrive in China’s infant formula market in the upcoming years, claim experts, citing a raft of reasons such as a more stringent regulatory environment, negative population growth, and an...
This round-up looks at the latest health and nutrition research from regional dairy firms in Asia-Pacific, namely South Korea’s Maeil, China’s Yili, and Japan’s Meiji.
Chinese dairy giant Yili has highlighted the vital, science-backed role that dairy is playing in improving consumer nutrition and public health in the country, by combining both Eastern and Western technologies.
Yili believes that the onus is on dairy companies worldwide to integrate sustainability into processes and product innovation if international carbon neutrality and sustainable development goals are to be met.
This round-up will look at the latest developments in China’s health and nutrition sector, including updates from Watsons, Yili, Garden of Life, and Fonterra.
China dairy giant Yili has registered record growth and increased market share in its recently-released H1FY2022 financial report, and has attributed this success to the sales of its value-added dairy products as well as its efforts in rapid new product...
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...
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.
Inner Mongolia Yili Industrial Group Co., Ltd. has issued a five-year $500m bond, which was simultaneously listed on the Hong Kong Stock Exchange (HKEx).
The food & drink sector is one of the few sectors that should suffer limited impact as a result of the COVID-19 pandemic, with the world’s top food & drink brands unlikely to lose brand value, according to the latest Brand Finance Food & Drink...
Inner Mongolia Yili Industrial Group Co., Ltd., one of the Chinese dairy giants, generated a revenue of 26.88bn yuan ($3.92bn) in the second quarter of this year, up 22.49% year on year.
Slightly more than a year after Chinese dairy giant Yili took over the company, Westland Dairy Company Limited’s CEO, Toni Brendish, has announced she will leave the firm on Friday, August 7.
SIG is extending its range of PAC.ENGAGE QR code solutions into closures with the launch of ‘One Cap, One Code’ for one-to-one online marketing opportunities.
Chinese dairy company Yili Group has collaborated with its Thai subsidiary Chomthana and Thailand Siam Dragon Association to deliver 170,400 face masks and other anti-epidemic supplies to the Thai Ministry of Public Health, Royal Thai Police and Phuket...
In Oregon, US, the Tillamook County Creamery Association (TCCA) announced that its farmer-owners have committed $4m to a COVID-19 relief plan to help its employees, the communities where the company operates, and industry partners respond to and recover...
Zenith Global has published its database of food and drink company mergers and acquisitions in 2019, and the data show the previous record high of 777 in 2018 was broken again, with 789, an average of 15 each week.
Westland Milk Products says it is working with milk suppliers to encourage more production suitable for its new NZ$22m (US$14.4m) segregation plant at its Hokitika production facility, exploring market opportunities and developing logistics to cater for...
