Yili Group: A Global Leader in the Dairy Industry
Company Overview
Yili Group, headquartered in Hohhot, Inner Mongolia, China, ranks among the largest dairy producers worldwide. The company is actively expanding its international presence, notably in the United States.
Location
The company is based in Hohhot, Inner Mongolia, China. In an important step for its expansion strategy, Yili has opened a flagship store at the 99 Ranch Market in The Shops at Santa Anita, Los Angeles, California.
Financial Indicators
In 2022, Yili Group reported an annual revenue of approximately $13.2 billion and a net profit of around $1.2 billion, reflecting its strong financial performance and market growth.
Significant Events
- Opening of the Flagship Store in Los Angeles: This marks a crucial phase in Yili's international expansion efforts, aiming to introduce high-quality dairy products to the American market.
- Partnerships and Collaborations: Yili is collaborating with international research institutions and universities to foster innovation and enhance its product offerings.
- Award Wins: The company has received multiple awards for its product quality and innovation, reinforcing its industry reputation.
Company Plans
Yili Group is focused on expanding its product range in the United States and establishing more stores to increase market penetration. The company plans to invest in local supply chains and production facilities to ensure product freshness and quality. It is also exploring collaborations with local partners and distributors to strengthen its distribution network. In line with its commitment to sustainable growth, Yili intends to invest in environmentally friendly practices and technologies to reduce its carbon footprint.
Innovation and Research
Yili Group has developed a global innovation network with significant investments in nutrition, breast milk research, dairy processing, and food safety, positioning itself as a major player in the dairy industry. Additionally, Yili-owned dairy companies in New Zealand have reported a 16% revenue growth, showcasing robust growth and strategic agribusiness investments.
Modified: 2025/08/18
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