Dairy Market Trends: Yogurt Grows More Slowly; Ice Cream Drops
Quarterly yogurt sales peaked at $726 million in the 13 weeks ended March 30, 2003. That was an 11.2% increase over dollar sales in the same period in 2002. That pace slowed to 8.3% in the second quarter of last year and 7.5% in the third.
Still, yogurt sales have grown by more than 5% in each of the last eight quarters, when measured by dollar sales.