君乐宝递表赴港IPO：伊利蒙牛之下中国乳品第三，和老牌光明能拉开差距吗？

去消费pro01-20

乳品行业低谷君乐宝业绩持续向好据财经网报道，1月19日，君乐宝乳业集团正式向香港联交所递交主板上市申请，招股书详细披露了公司近年业绩、市场表现以及发展战略等关键信息。根据弗若斯特沙利文的数据，按2024年中国市场零售额计算，君乐宝在中国综合性乳制品企业中位列第三，市场份额达到4.3%。当年公司全年收入同比增长13.0%，明显超过行业平均水平。两大核心品牌表现尤为突出，成为推动增长的关键力量。“...

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Can it widen the gap with the veteran Guangming?","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02319":0.9},"content_text":"乳品行业低谷  君乐宝业绩持续向好据财经网报道，1月19日，君乐宝乳业集团正式向香港联交所递交主板上市申请，招股书详细披露了公司近年业绩、市场表现以及发展战略等关键信息。根据弗若斯特沙利文的数据，按2024年中国市场零售额计算，君乐宝在中国综合性乳制品企业中位列第三，市场份额达到4.3%。当年公司全年收入同比增长13.0%，明显超过行业平均水平。两大核心品牌表现尤为突出，成为推动增长的关键力量。“简醇”自2022年以来持续占据低温酸奶市场第一，2024年份额达到7.9%；“悦鲜活”则在2024年成功登顶高端鲜奶（建议零售价每升20元以上）市场，份额高达24%，同时带动君乐宝整体鲜奶市场排名第三，份额10.6%。在低温液奶和低温酸奶两大细分赛道，公司2024年市场份额分别达到14.5%和17.2%，均位居行业第二。从财务表现看，公司收入和盈利能力保持稳健向上。招股书显示，2023年总收入175亿元，2024年增长至198亿元，2025年前9个月已实现151亿元；经调整净利润从2023年的6.0亿元提升到2024年的11.6亿元，2025年前9个月达到9.4亿元，经调整净利润率从3.4%上升至6.2%。君乐宝多年来坚持全产业链布局，优势明显。截至2025年9月末，公司拥有33座自有牧场、20个生产工厂，奶牛存栏19.2万头，养殖规模全国第三，2024年奶源自给率达66%。销售网络覆盖全国31个省级行政区，与5500多家经销商长期合作，其中超半数合作超过3年，产品已进入约40万个低温液奶零售终端和7万家奶粉零售终端。此外，公司已成功进入港澳市场，为后续国际化发展打下基础。此次赴港上市，君乐宝希望借助资本市场平台，进一步强化资金实力，支持公司持续扩张和升级。募资主要投向工厂扩建与产能提升、品牌推广和渠道深耕、研发创新以及数字化转型等方面。这些投入将帮助公司在快速增长的低温液奶赛道中保持领先，同时抓住消费者对高品质、健康乳制品的需求升级机遇。展望未来，低温液奶已成为液奶中增速最快的细分品类，2024年市场规模897亿元，预计到2029年将达到1259亿元，2025-2029年复合增速约7.2%。其中鲜奶品类表现尤为强劲，市场规模有望从2024年的369亿元增长至2029年的606亿元。君乐宝凭借在低温赛道的深耕和品牌积淀，正处于这一浪潮的核心位置，通过上市进一步加速战略落地，有望实现更高质量、更可持续的发展。","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"tenantId":"TBCN","deviceId":"web-server-community-laohu8-v3","version":"4.43.1","shortVersion":"4.43.1","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2605109346","isCrawlerRequest":true}