Could skyr – which is higher in protein and lower in sugar – be as big as Greek yogurt, or is the ‘Icelandic’ segment of the dairy aisle likely to remain a quirky niche? Ten years ago, people were asking the same question about Greek yogurt, says the...
Chobani has chosen seven startups out of more than 550 applicants for its second annual Food Incubator program based on each company’s commitment to innovation.
Grupo Lala has agreed to acquire 91.99% equity share of Brazilian dairy company Vigor Alimentos S.A., as well as its shareholding in Itambé Alimentos S.A., for US$1.8bn (R$5,725m).
As palates in North America change and acidified foods become more acceptable, space is created, too, for additives such as pectin that can handle specific pH regimes.
Greek yogurt accounts for about 54% of the overall yogurt category in the US, coming a long way from less than 1% of the market nine years ago when Chobani CEO and founder, Hamdi Ulukaya, first brought the Mediterranean dairy food to the US.
Inner Mongolia Yili Industrial Group Co., China’s largest dairy manufacturer by retail sales, has made an $850m bid for Danone-owned Stonyfield Farm, producer of organic and Greek yogurt products.
Dairy showed the largest six-year shipment value increase compared to any other food and beverage segment, according to PMMI’s 2017 Trends in Food Processing Operations report.
Yoplait has been surpassed in the US yogurt market by privately-owned Greek yogurt maker Chobani, with Dannon representing the top yogurt brand in the US with a 34% market share.
Through its Nutritional Foods arm, Japanese dairy giant Morinaga is entering the US dairy market with the launch of its ALOVE aloe vera yogurt, which will debut at the Expo West trade show in Anaheim, CA.
YaÜ Vietnamese yogurt may be the next newcomer to the dairy aisle after the start-up raised more than triple their Kickstarter fundraising goal of $10,000.
Ornua Nutrition Ingredients (ONI), a supplier of nutrition ingredients, and EasiYo, a homemade yogurt brand from New Zealand, have entered into a supply partnership.
