Sales of refrigerated yogurt, cottage cheese and kefir slide. Meanwhile, cream cheese and sour cream fare better, and shelf-stable yogurt/yogurt drinks take off.
The cultured dairy segment is seeing its ups and downs. Yogurt, once the driving force, has seen sales struggle of late. Concurrently, other cultured categories such as cream cheese and sour cream are holding their ground or trying to push ahead.
Stay abreast of — and cater to — consumer preferences.
March 12, 2018
According to "The Yogurt Market and Yogurt Innovation, 3rd edition," a January report from the Packaged Facts division of Rockville, Md.-based MarketResearch.com, U.S. retail yogurt sales reached almost $9 billion in 2017. Sales of the creamy cultured dairy product increased at a compound annual growth rate of 2% between 2012 and 2017.
While yogurt sales increased a bit; those of other cultured dairy products, like yogurt drinks, kefir and cottage cheese, are seeing greater sales growth.
Yogurt consumption has increased 60% or more in the last three years in China, Brazil and Turkey.
July 31, 2014
A study from DSM Food Specialties reports that over the last three years more than half of the respondents to a survey have increased their yogurt consumption. The increased appetite is led by markets like China, Brazil and Turkey.
In the cultured dairy aisle it’s still hard to keep up with yogurt, with new products popping up everywhere and the fascination with Greek yogurt still holding strong.
The future looks bright for yogurt makers. According to Mintel’s December 2011 report on yogurt and yogurt drinks, the market will grow by 49% to reach $9.5 billion in 2016. U.S. sales shot up from $4.7 billion in 2006, to $5.5 billion in 2009, to an estimated $6.4 billion in 2011, with refrigerated yogurt—premium Greek-style yogurt in particular—leading the way.