How 80 million Millennials drive U.S. yogurt growth

 Resize text         Printer-friendly version of this article Printer-friendly version of this article

Grocery Aisle America may eat just one-sixth of the yogurt consumed per capita in France annually, but thanks to America’s 80 million Millennials – adults between the ages of 18 and 36 – this western European staple has become one of the fastest-growing product categories of the U.S. food industry.

Greek yogurt sales grew by 2,500 percent between 2006 and 2011, and according to market research firm NPD Group, Millennials are the market’s most enthusiastic yogurt consumers. Nutrition Lately reports that Millennials are 20 percent more likely than the general population to buy yogurt. Read more.

Yogurt is the ultimate convenience food. 

And as one report available here explains, “convenience is king with Millennials. They expect to get what they want, when and where they want it, and they know they have options for both products and retailers. The emphasis on convenience represents a dramatic shift from Baby Boomers’ priorities, and it also presents big challenges – and opportunities – for companies in the food industry.”

"Yogurt is no longer regarded as hippie food, but as a healthy snack," says Robert Passikoff, founder of the product research firm Brand Keys.

Click here for more.   



Comments (1) Leave a comment 

Name
e-Mail (required)
Location

Comment:

characters left

Anita    
Colorado  |  November, 12, 2013 at 03:21 AM

I tried Greek Yogurt several months ago and did not like it. Not sure of the brand but I am hesitant to try Greek again, I'll stick with my usual type.


Moisture Tracker™

The Moisture Tracker is a hand-held, Near-Infra-Red (NIR) scanning device, which rapidly measures the dry matter and moisture content of ... Read More

View all Products in this segment

View All Buyers Guides

Feedback Form
Leads to Insight