达能首席财务官Juergen Esser在业绩会上表示，"中国市场对专业特殊营养产品的需求持续强劲，增长主要由爱他美奇迹Essensis系列拉 动，市场份额持续提升"。 同样表现亮眼的，还有菲仕兰专业营养品业务集团，其营收增长18.1%至7.18亿欧元，营业利润增长61%至2.19亿欧元，皇家美素佳儿 市场份额持续增长。 截至7月31日，雀巢、达能、菲仕兰、雅培等外资乳企的上半年"成绩单"悉数出炉，在中国市场的业绩整体向好。其中达能旗下主力品 牌爱他美、菲仕兰旗下皇家美素佳儿等高端产品增长迅猛，成为增长的主要原因。业内分析人士指出，中外奶粉企业已经步入"百花齐 放"的局面，未来能否持续增长在于高端产品的较量。 业绩向好 从财报来看，四家外资乳企上半年业绩整体向好。 达能、菲仕兰、雅培均实现中个位数营收增长。7月30日，达能发布的2025年半年报显示，销售额同比增长4.2%至137.37亿欧元，其中 销量/组合上升2.6%，定价上涨1.7%；7月23日，菲仕兰发布的2025年半年报显示，营收增长6.4%至68.47亿欧元；7月18日，雅培公布 的2025年第二季度财报显示，实现营收约为111.42亿美元，同比增 ...

Core Insights - Zhang Zhanhong, the new president of FrieslandCampina's professional nutrition division in China, emphasizes the company's successful strategy evidenced by four consecutive years of double-digit growth in the Chinese market [1] - The company is focusing on three core strategies: focus, agility, and cohesion to strengthen its core business and enhance operational efficiency [1] Company Performance - FrieslandCampina's revenue in 2024 decreased by 1.1% to €12.9 billion, while operating profit increased to €527 million and net profit rose to €321 million [3] - The professional nutrition business, including the brand "Friso," saw a revenue increase of 6% to €1.218 billion, with operating profit up by 16.4% to €227 million, driven by strong growth in the Chinese market [3] Market Trends - The overall sales of infant formula are projected to decline by 5.9% in 2024, with a smaller decline of 0.8% in the first quarter of 2025, indicating a potential market recovery [2] - There is a direct correlation between marriage rates and the infant formula market, with a 20% decrease in marriage registrations in 2024, which may impact future birth rates [2] - New consumer trends show that younger parents prioritize milk source, quality, and functionality, seeking natural, organic, and high-quality products [2]

Core Insights - The 31st Annual Conference of the China Dairy Industry Association and the 2025 China Dairy Technology Expo was held in Nanjing, focusing on "Innovation Leading Consumption, Promoting National Nutrition and Health" [1] - FrieslandCampina China actively participated in the event, sharing cutting-edge research on dairy fat and oligosaccharides, and promoting public awareness of dairy nutrition [1][4] Group 1: Event Overview - The event gathered numerous upstream and downstream dairy enterprises to showcase the latest research achievements and advanced technologies [1] - The "2025 Dairy Carnival: Dairy Consumption Season" was held concurrently to stimulate consumer enthusiasm and lead new trends in dairy consumption [1] Group 2: Research and Innovations - FrieslandCampina China's nutrition head, Liu Yan, emphasized the importance of "easy digestion" fats in infant nutrition product development, highlighting clinical trials that show benefits of natural dairy fat [2][5] - Research indicates that fortified dairy fat-based formula can effectively reduce the incidence of colds, fever, and allergic diseases in infants [2] - FrieslandCampina's research on oligosaccharides, particularly HMOs, is crucial for early life nutrition innovation, with specific types showing benefits for gut and immune health [4] Group 3: Product Development - FrieslandCampina offers differentiated product combinations for Chinese mothers and babies, including high-active lactoferrin and various natural dairy fat protective factors [6] - The newly launched premium organic product, Royal FrieslandCampina's Chunyue, has undergone four authoritative organic certifications, establishing a new benchmark for high-end organic products [6] - The company aims to accelerate innovation and develop more high-quality, functional products to meet the nutritional needs of the Chinese market [6]