U.S. yogurt sales are in a multiyear slump—and yogurt companies are scrambling to reverse the trend.
— from Icelandic to Australian to coconut-based — U.S. yogurt sales are in a multiyear slump. Yogurt companies are confident that more new products can boost sales. But some analysts are skeptical, saying larger trends — like growing sales of protein bars — will be hard to turn around.
Chobani — the second-biggest yogurt maker by U.S. market share — thinks innovation can halt that slide. On Monday, the company introduced its first oat-based yogurts, capitalizing on booming sales of oat milk and consumer interest in plant-based eating. The move follows market leader Danone’s introduction last July of oat-based yogurts under its So Delicious brand.
Health and animal welfare concerns are driving some Americans away from dairy altogether. Last week, the nation’s largest milk processor, Dean Foods,McGuinness insists the move isn’t a defensive one, and that Chobani is still bullish on yogurt. The company felt coffee creamers were a good fit since cream is a byproduct of yogurt manufacturing, he said. And the company is convinced that plant-based eating is a trend with staying power.
Bryant agrees that innovation is important, but he said yogurt companies are just taking share from each other since overall sales aren’t growing.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
A New Jersey Mom Was Accused Of Shoplifting Yogurt With A Fake Baby'I thought it was a straight-up joke.'
Baca lebih lajut »
This Patterned Jacket Keeps Us Warm On Winter Runs—and Reminds Us of SpringWith a unique pattern and a classic silhouette, this women’s jacket is for the fashion-conscious runner who wants to stay warm on her run.
Baca lebih lajut »
Asante Blackk on Going From ‘When They See Us’ to ‘This Is Us’Asante Blackk was brand new to television when Ava DuVernay and casting director Aisha Coley cast him in “When They See Us,” Netflix’s four-part limited series centered on the real-life young men w…
Baca lebih lajut »
Pompeo expected to announce softer U.S. position on Israel's Jewish settlements: U.S. officialU.S. Secretary of State Mike Pompeo is expected to announce on Monday the United...
Baca lebih lajut »