Yili Group: A Global Leader in the Dairy Industry
Company Overview:
Yili Group, based in Hohhot, Inner Mongolia, China, is recognized as one of the largest dairy producers globally. The company is actively expanding its international presence, with a particular focus on the United States as a key market.
Location:
The company is headquartered in Hohhot, Inner Mongolia, China. As part of its strategic expansion, Yili has opened a flagship store at the 99 Ranch Market in The Shops at Santa Anita, Los Angeles, California. This development signifies a significant milestone in introducing Yili's high-quality dairy products to the American market.
Financial Indicators:
In 2022, Yili Group reported an impressive financial performance, achieving an annual revenue of approximately $13.2 billion and a net profit of around $1.2 billion. This underscores the company's robust market presence and growth trajectory.
Significant Events:
- Opening of the Flagship Store in Los Angeles: This development is a crucial part of Yili's international strategy, aiming to effectively penetrate the U.S. market.
- Partnerships and Collaborations: Yili is actively engaging with international research institutions and universities to drive innovation and enhance its product offerings.
- Award Wins: The company has been recognized with multiple awards for its product quality and innovation, bolstering its reputation in the dairy industry.
Company Plans:
Yili Group is focused on diversifying its product range in the United States and opening more stores to strengthen its market foothold. The company is committed to investing in local supply chains and production facilities to ensure the freshness and quality of its products. Additionally, Yili is exploring collaborations with local partners and distributors to expand its distribution network. Committed to sustainable growth, Yili plans to invest in environmentally friendly practices and technologies to minimize its carbon footprint.
Innovation and Research:
Yili Group is at the forefront of innovation, with significant investments in nutrition, breast milk research, dairy processing, and food safety. Yili-owned dairy companies in New Zealand have reported a 16% revenue growth, indicating strong strategic investments in agribusiness. Furthermore, Yili Group has partnered with Alibaba Cloud to digitize the Chinese dairy industry using artificial intelligence (AI), marking a significant step in the digital transformation of China's agricultural sector. Liu Dapeng, Yili Group's vice president, emphasized the company's commitment to quality and food safety, highlighting the importance of the partnership with SGS in demonstrating the reliability of China's dairy industry to global consumers.
Yili Group is a prominent entity in the dairy industry, spearheading efforts at the National Center of Technology Innovation for Dairy (NCTID) to enhance China's presence in global dairy innovation.
Modified: 2025/12/15
Related news
SGS and Yili Group Collaborate to Enhance Dairy Quality and Sustainability
The AI Revolution: Alibaba and Yili Remake Dairy
Yili’s New Zealand Dairy Assets Post Strong Growth
Yili Innovation Center: Bridging China and Europe in Dairy Research
China’s Dairy Leap: Yili’s Tech Breakthroughs Redefine the Future
From Wageningen to Inner Mongolia: A Decade of Innovation in China’s Dairy Sector
Danone, FrieslandCampina, and Arla Foods Lead 2024 Global Access to Nutrition Index