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.
While growth in the US yogurt category fell into negative territory in 2016, Chobani's US operation notched up double-digit sales and volume growth last year, driven by a strong performances from Flip and the core cups range and a successful move...
In 2016 15% of new food products launched in Europe employed themes concerning texture combinations – often on well-established product types such as yoghurt. FoodNavigator looks at some of the strongest product categories riding the texture wave into...
Savory yogurt has taken off in the US, helped by the huge wave of popularity of the now $8bn Greek yogurt industry, and many yogurt manufacturers are clamoring to make their stamp on the trend.
Sales of drinkable yogurt have grown 62% in the past five years, reaching $893m in 2016, marking the second consecutive year of double-digit gains, according to recent Mintel research.
General Mills has proposed a global strategy, based on past successes in its other core product categories, to reinvigorate the yogurt category, which has an estimated $8bn value in the US alone.
