![]() If Kite Hill is able to create products in less-developed categories that are attractive to vegan and mainstream consumers, it could gain a first-mover advantage in this category and bolster its in-store presence. ![]() It's also supported by consumers who are lactose-intolerant or have milk allergies, as well as those looking to cut down on animal products for ethical purposes.Ĭonsumer acceptance and hunger for dairy alternatives present an opportunity for Kite Hill and the larger plant-based dairy category to continue to capture growth. The Kite Hill almond milk yogurt tubes come in two flavors: Strawberry Banana and Wild Berry. Meanwhile, overall sales in the dairy milk category have dropped 15% since 2012, hitting an estimated $16.12 billion in 2017.Īccording to a recent survey, this trend is driven by consumer belief that non-dairy beverages taste better and are better-for-you. have increased 61% during the last five years and were estimated to reach $2.11 billion in 2017. Kite Hill manufactures plant-based dairy products from nut milk using 'traditional' methods. Kite Hill and other dairy alternative manufacturers are well-positioned to take advantage of current consumer tastes. The global non-dairy yogurt market grew from 3.62 billion in 2022 to 4.21 billion in 2023 at a compound annual growth rate (CAGR) of 16.4. Browse our wide selection of Yogurt for Delivery or Drive Up & Go to pick. Leibowitz said wants to slow this pace to make sure that the company has the resources to support launches and category expansions before taking the plunge. Shop Kite Hill Yogurt Artisan Almond Milk Plain Unsweetened Tub - 16 Oz from Vons. However, the company said it plans to relaunch them this summer. The company launched probiotic almond milk yogurt drinks and almond milk yogurt drinks for kids last year, but the items were later withdrawn. General Mills’ latest investment is part of 18 million going into Kite Hill, which makes versions of cheese and yogurt from nuts no cows involved. This fast adoption and widespread acceptance led Lyrical to push Kite Hill products into new categories before it had sufficiently scaled up operations. The products are carried by a range of natural and organic chains and traditional supermarket heavyweights. The company's success with these innovative products has drawn investment from General Mills' VC arm, 301 INC, which led a $18-million funding round in 2016 for Kite Hill's owner Lyrical Foods. Kite Hill - co-founded in 2013 by Patrick Brown, biochemistry professor and founder of Impossible Foods - produces its alternative dairy line from almond milk. Check out the food score for Kite Hill Artisan Almond Milk Yogurt, Plain, Plain from EWGs Food Scores EWGs Food Scores rates more than 80000 foods in a.
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