Yogurt: Dairy's New Cash Cow
Yogurt sales approach $9 billion in 2017; Annual sales growth expected to continue until at least 2022 – The U.S. yogurt industry grew to about $9 billion in 2017 according to "The Yogurt Market and Yogurt Innovation, 3rd Edition" report buoyed by increasing consumption, growing awareness of health benefits, a shift towards higher-margin products and innovative new products. U.S. consumers have embraced not only frozen yogurt and Greek yogurt, but also authentic, clean-label and organic versions, as well as yogurt drinks, making yogurt dairy's new cash cow. …