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.
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.
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 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.
China dairy giant Yili has outlined its new product launch strategies, including the introduction of a solid beverage formulated with probiotics and GABA as the key ingredients.
Chinese dairy giant Yili has revealed its growth strategy for the South East Asian dairy market, claiming that products need to have a richer and sweeter taste profile to entice consumers.
China dairy giant Yili has revealed that it is ramping up its focus on cheese and plant-based products in addition to its conventional dairy items in response to growing consumer demand.
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 dairy giant Yili is looking to focus on the diversification of its product portfolio to ensure sustained growth after seeing a 42.48% jump in H1 2021 net profits, with the firm seemingly enjoying a boost due to COVID-19 health trends.
Chinese dairy giant Yili has predicted that local consumer demand for value-added and sustainable dairy is likely to increase over the next decade, with the backing of technological innovation to solve local industry challenges.
China dairy giant Yili has highlighted the use of digital technology all through its supply chain as a key factor for its new product development, having aggressively expanded its dairy portfolio in the past year.
Despite the many challenges COVID-19 pandemic has brought for the food and beverage industry in 2020, growth has remained top-of-mind for most food firms. Here we bring you some of the 2021 market priorities for three major brands…
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).
Chinese dairy giant Yili believes that local dairy consumption is on an upward curve due to a rise in consumer understanding of its health benefits due to COVID-19, as well as the advantages technology is bring in advancing innovation within the sector.
Fortified, plant-based, and better-for-you packaged foods will continue to soar in APAC post-pandemic, with preventive health, wellness and nutrition now firmly ingrained in the conscience of consumers, an expert panel claims.
Coca-Cola and Chinese dairy giant Mengniu have cemented an Olympics partnership despite continued criticism from health advocates that so-called ‘junk food’ sponsors have no place in a sporting event on one end, and ongoing disputes in China on the other....
Dairy giant Yili Group has retained its position as the most valuable food brand in Asia and third most valuable brand in the world, according to Brand Finance’s annual report on the most valuable food and soft drink brands published in July 2019.
The board of Westland Co-operative Dairy Company Limited is urging all its shareholders to exercise their votes at, or before, the Scheme Meeting on July 4 to support the sale of the cooperative to Hongkong Jingang Trade Holding Co., Limited, a wholly...
Chinese dairy giants Yili and Mengniu are adding new manufacturing sites to pump up production volume of liquid milk products in a bid to hit the RMB$100bn (US$14.5bn) revenue goal.
Major Chinese dairy firm Mengniu saw its total revenue grow 14.7% to RMB$68.9bn (US$10.2bn) last year. However, its performance still paled in comparison to its top competitor, Yili.
The board of New Zealand’s Westland Co-operative Dairy Company Limited has signed a conditional scheme implementation agreement to sell the West Coast dairy cooperative to Hongkong Jingang Trade Holding Co., Limited (Jingang), a wholly-owned subsidiary...
China’s dairy giant Yili has seen its total revenue rise by 16.9% to reach RMB$79.5bn (US$11bn) last year – the greatest amount generated and highest growth rate witnessed in its 50 year history.
China’s home-grown brands took the top three spots for the most consumed food and beverage brands amongst Chinese families, research from Kantar Worldpanel has shown.
In Jakarta, Indonesia, China's largest dairy company, Yili Group, held a product launch event on October 23 which heralded the company’s entrance into the Indonesian market.
