The a2 milk Company says its infant formula sales in China had increased by 1.5 per cent in the first half of FY2024, although the market had shrunk almost 14 per cent in sales.
The a2 Milk Company (a2MC) said its infant milk formula business in China grew 8.4 per cent for the financial year ending on June 2023 and that it would focus on growing its cross-border e-commerce (CBEC) and lower tier cities presence.
The a2 Milk Company has managed to snap up a greater market share in China, despite the country’s shrinking infant formula sector, the firm said in its latest financial report.
The a2 Milk Company (a2MC) said it has seen strong sales of its infant milk formula in China via both mother-and-baby stores and domestic e-commerce channels.
The a2 Milk Company (a2MC) has revealed its 1H22 results, which it said are in line with expectations, and place it in a strong position to execute its strategy and deliver revenue growth in FY22 in a challenging and volatile market.
Yiling Pharmaceutical’s Lianhua Qingwen, NMN market boom, Nestle China’s ‘blue-hat’ certified health foods for seniors, and a2 milk market potential are some of the most popular China-related stories this year.
China has become the most trusted source of infant milk formula in the eyes of domestic consumers and Chinese parents are preferring to buy from brands that resonate, consumer surveys from the a2 Milk Company (a2MC) has revealed.
This round-up will focus on new developments in China's health foods industry, including Angel Yeast's yeast-based probiotics trial on IBD patients, Grass to Milk's A2 milk launch, China's COVID-19 research and more.
Irish dairy newcomer Grass to Milk is using a hybrid of social commerce and traditional e-commerce to market its new A2-protein, grass-fed milk products as it seeks to make inroads to the lucrative China market.
The firm says it will adopt a mix...
The a2 Milk Company is banking on offline and local e-commerce retail in China to make up for its losses in daigou and cross-border e-commerce due to COVID-19, after seeing overall revenues slump by 30 per cent and profits by 79 per cent.
Regional analysts are divided on The a2 Milk Company’s long-term growth potential, especially in China – its current largest market – amid acquisition rumours.
Strengthening distribution in mother-and-baby stores, complemented by effective local e-commerce and cross-border e-commerce (CBEC) operations will be the way for overseas infant formula brands to thrive in China, with the daigou channel still seeing...
Danone China has launched two new products for its Aptamil Essensis 3 range, including an A2 milk and a formula said to contain the highest level of human oligosaccharides (HMOs) across the firm’s entire early life nutrition portfolio.
New Zealand kiwifruit giant Zespri and dairy firm The A2 Milk Company have been highlighted as the two homegrown companies generating some of the highest growth for the nation’s F&B industry over the past two years, with both benefitting from strong...
In this round-up of new developments happening in China’s health and nutrition supplement industry, we shed light on the upcoming consumption trends for this year, including the up-and-coming A2 milk market.
China’s A2 milk sector is likely to see the rise of more products catered to different life stages and specific consumers groups, beyond just infant nutrition, as more domestic companies join in the competition.
In our monthly round-up of industry developments in China, we feature how Chinese companies such as direct-selling firm Infinitus is expanding into South East Asia, and how a2 Milk is benefiting from growing product premiumisation trend in China.
A partnership between the a2 Milk Company and e-commerce giant JD has led to a surge in China sales, as consumers eagerly trade-up to more premium brands.
Nestlé China has credited its focus on specialised sub-categories within the infant nutrition sector for its positive sales growth in the first quarter of the year.
Here's a recap of our 10 most read nutrition stories in January, featuring regulatory updates from China and Australia, Nestlé's moves in the A2 milk market, the top APAC supplement trends to watch this year, and more.
Nestlé is launching a A2 beta-casein protein infant formula product in Australia and New Zealand within the next two months, competing directly with first-mover a2 Milk.
