Thursday October 2, 2014 Search
Weather | Athens
27o C
19o 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)  
ECB holds rates, shifting focus to new purchase plans
Moscovici in charge of budgets seen prompting EU deficits debate
European stocks decline as investors await ECB policy meeting
Attica Bank said to have rejected notable offers
Six face prosecutor for bank robberies, terrorist activity
Six people detained in Athens and Thessaloniki on Wednesday in connection to bank robberies and possible terrorist activity faced a prosecutor on Thursday. The suspects, four Greek men, aged...
Explosive device found at Athens Stock Exchange building
An investigation by the Greek counter-terrorist unit was under way in Athens on Thursday after an envelope containing an explosive device was discovered in the mail room of the Athens Stock ...
Inside News
SOCCER
Rosenberg confident after win over Olympiakos
Malmoe captain Markus Rosenberg scored twice in the Swedes' 2-0 win over Olympiakos on Wednesday and illustrated his confidence in the team after the game. Rosenberg capitalized on slack def...
SOCCER
Rosenberg punishes Olympiakoss errors at Malmoe
A disappointing Olympiakos got the worst possible result from its clash with Malmoe in Sweden for the Champions League, going down 2-0 on Wednesday due to its own defensive errors and attack...
Inside Sports
COMMENTARY
Theres money, still
The decision reached by Prime Minister Antonis Samaras and his deputy, Evangelos Venizelos, to seek a vote of confidence in Parliament on October 6, is a final attempt to restore order in th...
EDITORIAL
Confidence and corrections
The government must secure a vote of confidence in Parliament. Any other development would see the country enter very turbulent waters. Prime Minister Antonis Samaras and his cabinet must ag...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Rosenberg confident after win over Olympiakos
2. ECB holds rates, shifting focus to new purchase plans
3. Six face prosecutor for bank robberies, terrorist activity
4. Explosive device found at Athens Stock Exchange building
5. Kasidiaris-Kanelli hearing postponed to December 12
6. Pensioners stage rally in central Athens
more news
Today
This Week
1. Doctors, medical employees strike over staff shortages, wages
2. Court to hear Kasidiriaris-Kanelli case
3. Air travel to run smoothly after air traffic controllers' weekend strike deemed illegal
4. European stocks decline as investors await ECB policy meeting
5. Moscovici in charge of budgets seen prompting EU deficits debate
6. Pensioners stage rally in central Athens
Today
This Week
1. Greece may opt for unusual president to avoid snap polls, Venizelos says
2. Woman allegedly buried alive by accident in northern Greece
3. Salaries in Greece continue to slide, dipping 1.4 pct in Q2
4. Should you bet with Kissinger on where the world is heading?
5. Cypriots divided by 1974 war seek Shariah hub
6. The shocking thought of euro-dollar parity
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.