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Top 10 food and beverage companies in China

From:    Author:    Publish time:2014-09-19 12:39    Clicks:944

 

Food sector is a major industry in China. However, food companies in China also face many challenges. To satisfy 1.3 billion people's dietary needs is no small feat, especially with growing concern over food safety and rising number of food-related scandals. While some local brands are bearing the brunt of food scares, the industry leaders have seized the opportunity to step up M&A effort and consolidate territories.

Here are the top 10 food and beverage companies in China.

No 10 Yurun Group Ltd

Yurun Group Ltd is the second-largest meat supplier in China. It is headquartered in Nanjing, Jiangsu. It operates in two sectors, chilled and frozen meat, and processed meat products, which are marketed under the brand names of Yurun, Furun, Wangrun, and Popular Meat Packing.

No 9 Kweichow Moutai Co Ltd

Kweichow Moutai Co Ltd is a State-owned company in China, specializing in the production and sales of Maotai liquor, together with the production and sale of other beverages, food and packaging material. Its A shares were listed on the Shanghai Stock Exchange in 2001. It is one of the stocks listed in Shanghai whose share price is over 100 yuan.

No 8 Tsingtao Brewery Co Ltd

Tsingtao Brewery Co Ltd is China's largest brewery. It was founded in 1903 by a German and now claims about 15 percent of domestic market share. The beer is produced in Qingdao in Shandong province and it gets its name from the old transliteration of the city's name. The beer's present-day logo displays an image of Zhan Qiao, a famous pier on Qingdao's southern shore.

No 7 Wuliangye Yibin Co Ltd

Wuliangye Yibin Co Ltd is a Chinese alcoholic beverage company. It specializes in manufacturing baijiu, and is best known for Wuliangye, made from five organic grains: Proso millet, corn, glutinous rice, long grain rice and wheat. Headquartered in Yibin, Sichuan Province, the company distributes its products all over the domestic market, and exports to overseas markets. The company has eight major subsidiaries.

Wuliangye reportedly ranks first in terms of market share compared with other baijiu brands.

 

No 6 Hangzhou Wahaha Group Co Ltd

Hangzhou Wahaha Group Co Ltd is a private company, and the largest non-alcoholic beverage producer in China. The company is headquartered in Hangzhou, Zhejiang province. Wahaha has roughly 150 subsidiary companies and 60 manufacturing bases scattered throughout China. It employs about 60,000 staff.

No 5 Bright Food (Group) Corp Ltd

Bright Food (Group) Co Ltd is a multinational food and beverages company headquartered in Shanghai. Bright Food has four listed subsidiaries, Bright Dairy & Food Co Ltd Shanghai First Provisions Store Co Ltd, Shanghai Maling Aquarius Co Ltd and Shanghai Haibo Co Ltd

The company acquired a 60 per cent stake in the British breakfast cereals manufacturer Weetabix Ltd in 2012 and agreed to acquire a 56 per cent stake in the Israeli Dairy producer Tnuva in 2014.

No 4 China Mengniu Dairy Co Ltd

China Mengniu Dairy Co Ltd is a manufacturing and distribution company of dairy products and ice cream in China. The company is based in Inner Mongolia and manufactures dairy products under the Mengniu brand.

No 3 Shuanghui Group

Shuanghui Group is a privately-owned meat processing company headquartered in Luohe, Henan, China. The company's businesses include hog raising, consumer meat products, flavoring products, and logistics. It is the largest meat producer in China. On May 29, 2013, Shuanghui announced it would purchase American pork producer Smithfield Foods Inc.

No 2 Inner Mongolia Yili Industrial Group Co Ltd

Inner Mongolia Yili Industrial Group Co Ltd is a dairy company. It is engaged in processing and manufacturing of milk products, including ice cream, milk powder, milk tea powder, sterilized milk and fresh milk under "Yili" brand. It is headquartered in Hohhot. The company was an official sponsor of the 2008 Beijing Olympics.

No 1 COFCO Group

COFCO Group is the largest supplier of diversified products and services in the agricultural products and food industry in China. It is devoted to utilizing renewable natural resources to provide healthy and nutritious food, high quality lifestyle and services, as well as contributing to improve people’s living standards, social prosperity and stability.

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