Proterra Asia expands presence in dairy sector with new investments in yogurt and oat milk businesses

ASIA – Proterra Investment Partners Asia has expanded its presence in Asia’s dairy sector by investing undisclosed amounts into the high-growth oat milk and yogurt segments. The private equity’s first investment was made into Simple Love (also known as Jian Ai), a fast-growing fresh yogurt brand in China, focusing on the premium low-temperature segment. Simple Love has grown to 2 percent market share (6th largest) in China, with sales growing at a compound annual growth rate of 109 percent over the past five years based on the company’s sales data.…

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Nigeria’s CHI Limited debuts Hollandai Zero Yoghurt with no added sugar, artificial sweeteners and lactose free

NIGERIA – CHI Limited, Nigeria’s leading fruit juice, drinking yoghurt, evaporated milk, and snacks manufacturer, has expanded its nourishment offering with the introduction of Hollandia Zero Yoghurt. The new product is a premium innovative offering that combines the natural taste and nutrition of yoghurt, with unique benefits of Zero Added Sugar, Zero Artificial Sweetener & Zero Lactose. It is also a low-fat drinking yoghurt. “When you look at health trends today, you notice a growing community of consumers seeking to meet their weight goal. We sought ways to appeal to…

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General Mills to achieve full ownership of North America Yoplait business after deal with French dairy Sodiaal

NORTH AMERICA – General Mills has entered into an agreement to sell its 51% stake in Yoplait’s European business to Sodiaal in exchange for Sodiaal’s 49% stake of Yoplait Canada. The deal also involves a  drastic reduction of royalties on sales of Yoplait and Liberté branded yogurt sold in the United States and Canada. According to General Mills, after the transaction closes, the company would completely own North American yogurt operations that generated US$1.4 billion in net sales in the fiscal year 2020. In contrast, the European arm of Yoplait…

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Greek yogurt maker Chobani inks distribution deal with PepsiCo

US –  Chobani, a leading Greek yogurt maker in the US, has signed a distribution deal with U.S. food and beverage PepsiCo in efforts to expand its footprint across the United States. According to a Bloomberg report, the distribution deal being implemented on a pilot basis will see PepsiCo distribute Chobani Complete yogurt drinks and other products to convenience stores, colleges and universities in the northeastern part of the U.S. The Greek yogurt maker said the partnership allows it to use PepsiCo’s robust chilled distribution network, where products are fresher…

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Ugandan based food processor Smart Foods develops innovative plant-based yogurt from soy-milk, coconut

UGANDA – Ugandan dairy and meat alternative development startup, Smart Foods Limited has gotten a Utility Model or 2nd class patent in respect to an invention of a product and process method for yoghurt as result of a unique blending process of soymilk and coconut meat. The intellectual property right aimed to protect the invention was granted to Martin Ssali, Founder and Managing Director of Smart Foods Limited on 22nd December 2020. The innovation by the budding startup came in response to the need to offer alternative milk and meat…

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Convenience, flavours and healthy-living drive growth of drinking yogurt market

Yogurt is a tart, custard like food made from milk curdled by the action of bacterial cultures thus considered as the best source of probiotics. It has been consumed by humans for hundreds of years mainly due to the health benefits associated with intake of probiotics such as improving gut functionality, metabolism, along with immunity boosting. In addition, yogurt is filled with proteins, packed with vitamins, and loaded with bone-building calcium and minerals. To this end health-conscious consumers including both adults and children have been the main drivers for rising…

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Kenyan university in partnership with local dairy launches coffee flavoured yoghurt

Company name: Dedan Kimathi University of Technology, Mukurweini Wakulima Dairy Limited, Kenya Product type: Yoghurt Innovation: New product One of Kenya’s leading coffee producing region, Nyeri County has introducing coffee flavoured yoghurt in the market. The new product dubbed, Royal Coffee Flavoured Yoghurt, was launched by an institution of higher learning in Kenya known as Dedan Kimathi University of Technology (DeKUT) in partnership with Mukurweini Wakulima Dairy Limited (MWDL), a local dairy cooperative society. “DeKUT signed a license agreement with MWDL towards industrial scale production and marketing of natural coffee flavoured yoghurt in…

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Clio Snacks launches new reduced-sugar yogurt bar line to attract new customers

US – New Jersey-based refrigerated yogurt bar brand Clio Snacks has launched a line of reduced-sugar bars containing 100kcal per serving in a bid to tap new customers who prefer low sugar products. Clio says that its new bars – which come in mixed berry and peach flavours – can be enjoyed as a guilt-free snack or as a ‘better-for-you’ dessert. With its latest product offerings, which contain 1g of sugar and 8g of protein, Clio aims to tap into the group of yogurt consumers who are concerned about the…

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Sensient Technologies to sell yogurt fruit preparations product line to Frulact

USA – Global manufacturer of colors, flavors and fragrances, Sensient Technologies Corporation has entered into a definitive agreement to sell certain assets related to the production of its yogurt fruit preparations product line to Frulact, for an undisclosed sum. Frulact is an industry company specialized in fruit processing and is headquartered in Maia, Portugal. As a result of the transaction, Sensient said in a statement that it will be named a core supplier of flavors, colors, and other related products used by Frulact in its fruit preparation business. The transaction…

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DuPont Nutrition & Biosciences develops new solution for yogurt manufacturers

USA – Global ingredients supplier, DuPont Nutrition & Biosciences has launched its latest innovation for yoghurt manufacturers, the Dupont Yo-Mix Prime cultures series, which will be available to dairy processors worldwide. DuPont Nutrition & Biosciences says that these innovative cultures set a new industry standard for yogurt manufacturers around the world by providing them with solutions to multiple challenges. The Yo-Mix Prime cultures series enables mafucturers to maintain quality throughout challenging distribution channels, reducing the addition of sugar, saving formulation costs and enhancing process flexibility, the company explains. DuPont adds…

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