Top yogurt producer moves into plant-based dairy products — while still being the big cheese: ‘It’s the ability to flex’

Dairy-free milk and yogurt alternatives are a fast-growing category, including for Danone, the legacy multinational corporation known for — among other brands — Activia, Evian, Silk, and peak childhood nostalgia brand, Danimals. In fact, the world’s No. 1 fresh dairy products company has also become the No. 1 plant-based food company in the world. 

Danone Discontinues 2 Plant-Based Milk Options Under Its Silk and So Delicious Brands

The CPG giant debuted Silk Nextmilk and So Delicious Wondermilk in late 2021 after replicating the traits in milk — its taste, nutritional components, molecular composition and even the nostalgic feeling it created with the consumer — but in plant form. The goal, the company said at the time, was to deliver the necessary taste and texture to attract milk drinkers who have wanted to make the switch to plants but have found these attributes lacking. 

Danone Canada’s Silk Launches Innovative Plant-Based Yogurt Made With Canadian Pea Protein

February 20, 2024 Danone

Danone Canada’s Silk® continues to forge a plant-based revolution with the launch of its new protein plant-based yogurt featuring Canadian pea protein. With 12g of protein per 175g serving and a signature Greek-style thick texture, the new Silk® plant-based yogurt is available in Key Lime and Vanilla flavours, delivering on exceptional taste, consistency, and nutrition. Silk® also introduces an improved recipe, new flavours and sizes for its current range of coconut plant-based yogurts.

Platinum Equity to Acquire Horizon Organic and Wallaby from Danone

January 4, 2024 Platinum Equity

Platinum Equity announced the signing of a definitive agreement to acquire Horizon Organic and Wallaby from Danone. The proposed acquisition also includes the Wallaby brand, an Australian-inspired Greek-style yogurt made with organic milk and premium ingredients.

Danone Sales Gain as Yogurt Maker Vows to Boost Volumes

August 4, 2023 Dasha Afanasieva, Reuters

Danone SA reported faster-than-expected revenue growth as price hikes compensated for a drop in the volume of products sold.