A Financial Times Service
China Confidential - Premium Investment Insight

Home / Consumer / Food and Beverage

Food and Beverage

Huishan Dairy – aggressive regional player catching larger rivals

Huishan Dairy has grown rapidly, supported by heavy advertising and quality control advantages, and we expect growth to remain strong, though investment plans and competition may weigh on margins in the short term.

11 September 2014

Yili – facing growing high-end competition

Leading dairy producer Yili faces growing competition from domestic and international rivals, particularly in the premium segment, as illustrated by falling popularity in our survey. However, improving product mix and rising margins offer reasons for optimism.

11 September 2014

China Modern Dairy – rapid growth on demand for higher quality

China’s largest dairy farm operator by herd size has benefitted from recent supply disruptions to grow rapidly on advantages in terms of technology and scale.

11 September 2014

Mengniu – strategic overhaul starts to pay off

Chinese dairy firm Mengniu is beginning to reap the rewards of an acquisition-led strategic overhaul in 2013. 

11 September 2014

Dairy – milking it

China’s growing appetite for dairy and further upstream and downstream consolidation should drive strong revenue and profit growth for large-scale dairy farm operators and leading dairy product manufacturers as the industry continues to recover from a series of safety scandals.

11 September 2014

Carlsberg – acquisition-led growth

Carlsberg is expanding its presence in China, building on growing popularity for its key international brand in first-tier cities with a series of acquisitions to develop revenue streams in lower-tier markets.

17 July 2014

Beer – market share scramble squeezes profits

Aggressive acquisition strategies and rapid distribution and capacity expansion have helped to insulate leading beermakers in China from an industry-wide slowdown. However, intense competition continues to hold down prices and profit margins.

17 July 2014

CR Snow – improved product mix slow to boost margins

While CR Snow remains market leader in China, posting solid revenue growth supported by improving average selling price, margins remain tight as intensifying competition forces the firm to invest in expansion and acquisitions.

15 July 2014

Tsingtao – market share grows at expense of margins

A volume-led growth strategy targeting the mass market has driven growth in popularity and sales, but a falling average selling price and higher marketing expenses have squeezed margins.

15 July 2014

Yanjing – struggling to move upmarket

Despite continued strong sales in its core markets of Beijing, Inner Mongolia and Guangxi, Yanjing’s sluggish growth in the high-end market is weighing on its performance and popularity.

15 July 2014
COOKIE POLICY

We use cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on this website. However, if you would like to, you can change your cookie settings at any time. Find out more about our cookie policy.