China Mengniu Dairy Co Ltd
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China Mengniu Dairy, or Mengniu, is China’s second-largest dairy product manufacturer by market share. The company produces a wide range of dairy products, including liquid milk, ice cream, milk formula and other dairy products such as cheese. Liquid milk, composed of milk, milk beverages and yogurt, contributed 88% of Mengniu’s revenue and 98% operating profit in 2020, and captured 28.2% of the Chinese market. In 2020, Mengniu was ranked eighth in the global dairy industry.China Mengniu Dairy Co Ltd along with its subsidiaries is engaged in the manufacturing and distribution of dairy products in China. Its products include UHT milk, milk beverages and yogurt.
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