Yogurt continues to enjoy strong consumer interest and demand. Retail sales are expected to continue to grow, though at a slower pace than years past; with sales from 2013 to 2014 showing an increase of 3.3% compared to an 11.3% increase from 2010 to 2011. Spoonable yogurt continues to dominate yogurt sales, at 93% market share, with consumers saying they are turned off from drinkable yogurts by the thick texture. However, yogurt drinks are still expected to see an 8% sales growth in 2015 (Mintel).
Flavors
While sweet fruit flavored yogurts will likely to remain dominant, savory, herbal, and floral flavors are emerging in the marketplace. Blue Hill produces a line of savory flavored yogurt that includes carrot, parsnip, and butternut squash. Other new flavors on the market include green tea, rose petal, cucumber mint, and savory shallots.
Photo: bluehillyogurt.com |
Styles
Photo: http://siggisdairy.com/products/ |
This is an exciting time in the yogurt industry, both for consumers and producers. Farmstead and small processors have a great opportunity to carve out a niche and generate a consumer following by exploring these emerging trends.