U.S. sales of yogurt and yogurt drinks peaked at nearly $9 billion in 2015. In 2019, they’re expected to hit $8.2 billion, down 3.6% from the previous year, according to research from Chicago-based Mintel International. “Consumers are just not eating as much yogurt as they once did,” said Caleb Bryant, associate director of food and drink reports for Mintel.
Meanwhile, in the fluid-milk category, a potential negative harbinger occurred Nov. 12 when Dean Foods announced it had filed for Chapter 11 bankruptcy protection. The Dallas-based milk processor said it plans to use Chapter 11 proceedings to keep running the business and address debt and unfunded debt obligations as it seeks to sell the company.
That hasn’t stopped dairy product manufacturers from churning out new product launches and extensions.
Click through for a look at seven dairy-oriented releases that landed at retail recently.