Monday May 4, 2015 Search
Weather | Athens
14o C
09o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Popularity of Greek-style yogurt soaring

The market share of Greek-style yogurt sales in the US has shot up from just 1 percent in 2007 to 49 percent this year, according to a report by Bernstein Research. Greek consular authorities in Washington estimate total turnover in the US grew to $2.66 billion last year from just $35.4 million seven years before.

Fage, the Greek dairy manufacturers who pioneered the strained type of yogurt in the US, now face strong competition from companies such as Chobani, General Mills and Danone. The firm expects that an investment in Johnstown, New York, will expand its capacity from 85,000 tons to 160,000 tons annually by the end of September. It has also started producing for private label distributors.

According to data compiled by Nielsen, the turnover of Greek-style yogurt in the UK rose to 265.4 million euros last year from 150.7 million in 2011. After a two-year litigation in that country, FAGE obtained a court ruling forbidding Chobani from using the term “Greek yogurt.”

According to a survey by GfK, 7.23 million German households bought Greek-style yogurt between June 2012 and June 2013, up 37 percent from the year-earlier period.

ekathimerini.com , Sunday August 17, 2014 (18:27)  
Government too conscious of its image
Tenders add term for ‘other currency’
Bankers call for a quick deal to get economy back on track
Capital flight from banks, stocks, bonds
Two killed, around 20 wounded in clash between inmates
Two men were killed and at least 20 wounded in a violent clash between inmates at the Greek capital's Korydallos Prison on Sunday. According to initial reports, a group of inmates believed t...
Fugitive Xeros nabbed thanks to tip-off, paper trail suggests
Police recaptured November 17 terrorist Christodoulos Xeros in January after being tipped off by an informant, documents seen by Kathimerini suggest. According to the paper trail, a few days...
Inside News
SOCCER
Six teams to fight to avoid the last relegation spot
Panthrakikos was the biggest winner of the penultimate round of Super League games on Sunday through its victory at Veria, on the day that Olympiakos partied for its fifth consecutive title....
BASKETBALL
Olympiakos defeats Panathinaikos, Ivanovic goes
Olympiakos secured the top spot in the Basket League’s regular season through a 77-66 away win at Panathinaikos, sinking the Greens into all kinds of problems, including the sacking of its c...
Inside Sports
COMMENTARY
Wrong from the start
If the prime minister had handled negotiations with Greece’s international creditors differently from the onset I would bet that he would have achieved an excellent deal both for himself and...
EDITORIAL
Mixed signals
A decision from Greek Prime Minister Alexis Tsipras is long overdue. Caught up in the internal contradictions and disagreements of his leftist SYRIZA party, Tsipras has been unable to make a...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Six teams to fight to avoid the last relegation spot
2. Olympiakos defeats Panathinaikos, Ivanovic goes
3. Two killed, around 20 wounded in clash between inmates
4. Government too conscious of its image
5. Tenders add term for ‘other currency’
6. Bankers call for a quick deal to get economy back on track
more news
Today
This Week
1. Athens hopes for breakthrough
2. If SYRIZA misses targets it must go, says Lafazanis
3. Wrong from the start
4. Fugitive Xeros nabbed thanks to tip-off, paper trail suggests
5. Mixed signals
6. Tenders add term for ‘other currency’
Today
This Week
1. The Good, the Bad and the Ugly
2. Greece’s day of reckoning inches closer as debt payments loom
3. Greek decision to exit euro would be disastrous for Greece
4. Greece’s decade-long relationship with Merkel
5. Varoufakis attacked by anarchists while dining in Athens
6. No need to widen the rift
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.