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Yogurt sales approach $9 billion

from Supermarket News

Thanks to increasing consumption and a shift towards higher-margin products, yogurt has established itself as a dairy department cash cow. According to "The Yogurt Market and Yogurt Innovation, 3rd Edition" report from market research firm Packaged Facts, based in Rockville, Maryland, estimates of retail dollar sales in the U.S. yogurt industry were just shy of $9 billion in 2017, with sales increasing at a compounded annual growth rate of 2 percent between 2012 and 2017. more

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