Things Are Disappearing Because Millennials Just Don’t Want To Pay For Them Anymore
Yogurt is Going Dairy-Free Too
The yogurt market might have become a $1 billion industry over the decades, but the latest dairy-free trend might have something to say about that. Just like dairy milk has been replaced by plant-based and dairy-free milk products, young adults are now going for newer options like Greek yogurt.
In 2016, Nielsen reported that sales of light yogurt had fallen from $1.2 billion to $1 billion over the previous year. This meant that the light yogurt market had lost 8.5% in a single year as the wider yogurt industry had already been steadily shrinking for the past three years.
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