Shanghai Milkground Food Tech Co Ltd
SSE:600882
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Shanghai Milkground Food Tech Co Ltd
Research & Development
Shanghai Milkground Food Tech Co Ltd
Research & Development Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Research & Development | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Shanghai Milkground Food Tech Co Ltd
SSE:600882
|
Research & Development
-ÂĄ46.9m
|
CAGR 3-Years
-3%
|
CAGR 5-Years
-21%
|
CAGR 10-Years
N/A
|
||
Inner Mongolia Yili Industrial Group Co Ltd
SSE:600887
|
Research & Development
-ÂĄ854.1m
|
CAGR 3-Years
-15%
|
CAGR 5-Years
-7%
|
CAGR 10-Years
N/A
|
||
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
|
Research & Development
-ÂĄ737.1m
|
CAGR 3-Years
0%
|
CAGR 5-Years
-7%
|
CAGR 10-Years
N/A
|
||
Yihai Kerry Arawana Holdings Co Ltd
SZSE:300999
|
Research & Development
-ÂĄ245.2m
|
CAGR 3-Years
-15%
|
CAGR 5-Years
-13%
|
CAGR 10-Years
N/A
|
||
Muyuan Foods Co Ltd
SZSE:002714
|
Research & Development
-ÂĄ1.8B
|
CAGR 3-Years
-42%
|
CAGR 5-Years
-80%
|
CAGR 10-Years
N/A
|
||
Wens Foodstuff Group Co Ltd
SZSE:300498
|
Research & Development
-ÂĄ631.9m
|
CAGR 3-Years
1%
|
CAGR 5-Years
3%
|
CAGR 10-Years
N/A
|
Shanghai Milkground Food Tech Co Ltd
Glance View
Shanghai Milkground Food Tech Co Ltd has carved a remarkable niche in the bustling landscape of China's dairy industry, differentiated by its emphasis on innovation and quality. Established as a formidable player, the company primarily specializes in the production and distribution of a wide array of dairy products, including cheese, milk powder, and other processed dairy items. The strategic move to focus on cheese products has allowed Milkground to ride the wave of increasing cheese consumption in China, driven by changing dietary trends and a growing affinity for Western foods. Through its advanced production facilities and stringent quality control measures, the company ensures that each product not only meets domestic standards but also aligns with global quality benchmarks, catering to both local and international markets. Revenue generation for Milkground revolves around its expansive distribution network, which efficiently channels its products through retail chains, catering services, and online platforms. By leveraging significant investments in technology and logistics, the company optimizes its supply chain processes to minimize costs and maximize reach. Furthermore, their marketing strategies focus on building strong brand recognition and customer loyalty, tapping into the evolving lifestyle choices of the urban Chinese consumer. The firm’s collaboration with local farms not only ensures the freshness of the raw materials but also strengthens community ties, underpinning its commitment to sustainable and socially responsible operations. Thus, Shanghai Milkground Food Tech Co Ltd sustains its growth through a blend of strategic innovation, efficient distribution, and a keen understanding of consumer dynamics.
See Also
What is Shanghai Milkground Food Tech Co Ltd's Research & Development?
Research & Development
-46.9m
CNY
Based on the financial report for Sep 30, 2024, Shanghai Milkground Food Tech Co Ltd's Research & Development amounts to -46.9m CNY.
What is Shanghai Milkground Food Tech Co Ltd's Research & Development growth rate?
Research & Development CAGR 5Y
-21%
Over the last year, the Research & Development growth was 16%. The average annual Research & Development growth rates for Shanghai Milkground Food Tech Co Ltd have been -3% over the past three years , -21% over the past five years .