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.
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...
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.
This round-up on China’s health and nutrition sector looks at new scientific findings, as well as the growth potential of the country’s adult probiotic sector according to Culturelle, and Yili’s South East Asian expansion plans.
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.
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.
Dominating the news headlines twice in one week is not something done often by dairy majors anywhere in the world, never mind Southeast Asia. But Chinese dairy giants have now signaled their intent to set up a major presence in a region ranked the world’s...