MORTON
GROVE, Ill., Oct. 8, 2024
/PRNewswire/ -- Lifeway Foods, Inc. (Nasdaq: LWAY), a leading U.S.
supplier of kefir and fermented probiotic products that support the
microbiome, announced today the release of 10 new innovative
flavors to its on-the-go 8-ounce line of organic kefir. Lifeway is
known for creating trends and recognizing consumers' evolving
tastes and needs, and these new flavor combinations represent a
fresh offering in the dairy space, inspired by global flavor
insights and market research. The entire line is lactose-free, as
consumer demand for lactose-free dairy products is predicted to
grow rapidly over the next five years1. Many of these
flavor combinations have never been seen before in the cultured
dairy category. In addition to being lactose-free, the new Flavor
Fusions line is loaded with high-quality bioavailable nutrients,
like protein, calcium, and 12 live and active probiotic
cultures.
The full lineup of exciting and innovative flavors includes:
- Pink Dragon Fruit
- Passionfruit Lychee
- Hot Honey
- Guava Jackfruit
- Coconut Pineapple
- Pistachio Rose Vanilla
- Grapefruit Elderflower
- Wild Blueberry Lavender
- Taro Ube Latte
- Matcha Latte
Research shows a rising interest in unique, exotic, and
unexpected flavor fusions, emerging preferences for tropical
flavors, botanical notes2, "swicy" flavor profiles
(pairings of sweet and spicy), and trendy Asian-inspired
flavors3. Daymon's research noted that 75% of consumers
expressed interest in trying tropical and citrus
flavors4 like Dragon fruit, lychee, passion fruit and
guava. 53% of Gen Z shoppers say they enjoy hot honey flavors while
the more obscure Asian-inspired flavor "ube" was 2024's top flavor
trend by DairyReporter. Innova Market insights named floral flavors
as its No. 1 trend for this year with 33% of consumers seeking
botanical flavors. Mashed named Pistachio flavorings as one
of the hottest food trends5 and Salon Magazine
called it the "it flavor."6
"These new trendy Flavor Fusions offer something for everyone
and bring excitement to the kefir category, which is best known as
a leading source for gut health, "better for you," high-quality
probiotics and bioavailable nutrients," said Julie Smolyansky, President and CEO of Lifeway
Foods. "We're thrilled to bring bold, innovative flavors in an
on-the-go format that customers can make part of their busy lives.
We drew inspiration from far and wide, from the coffee-house cult
classic pink dragonfruit flavor to the hot honey blend that's
popular in pizzerias and beyond. These new Lifeway Kefirs in trendy
flavor profiles are perfect for convenience stores and college
campuses as well as mass market grocery and club channels looking
to stay ahead of trends exploding in hospitality and on social
media."
Consumers are moving beyond the basics after years where
necessities were the focus and are now craving variety and
adventure. Whether through travel or the diverse flavors lining
grocery aisles, they're seeking accessible, fresh and exciting
culinary experiences they can share on TikTok and Instagram and
Lifeway is thrilled to meet this demand, introducing innovative
kefir flavors that bring the world's tastes together with "better
for all of me, mind and body" kefir beverages.
The new Flavor Fusion line is shipping and on shelves nationwide
at select independent and specialty stores. Attendees got a sneak
peek of the new flavors at FNCE® that took place in
Minneapolis, MN from October 5-8, 2024.
For more information about Lifeway and its products, visit
lifewayfoods.com.
1 Lactose Free Products Market
2 2024 Flavor Trends for Food & Beverage
3 2024 Food & Beverage Trend Breakdown
4 Summer 2024 Flavor Trends: Tropical and
'Swicy'
5 Pistachio is Predicted to be the Hottest 2023
Food Trend
6 How Pistachio Became the New "It" Flavor of
Early Winter
About Lifeway Foods, Inc.
Lifeway Foods, Inc., which
has been recognized as one of Forbes' Best Small Companies, is America's
leading supplier of the probiotic, fermented beverage known as
kefir. In addition to its line of drinkable kefir, the company also
produces a variety of cheeses and a ProBugs line for kids.
Lifeway's tart and tangy fermented dairy products are now sold
across the United States,
Mexico, Ireland, South
Africa and France. Learn
how Lifeway is good for more than just you at
lifewayfoods.com.
Forward-Looking Statements
This release (and oral
statements made regarding the subjects of this release) contains
"forward-looking statements" as defined in the Private Securities
Litigation Reform Act of 1995 regarding, among other things, future
operating and financial performance, product development, market
position, business strategy and objectives. These statements use
words, and variations of words, such as "continue," "build,"
"future," "increase," "drive," "believe," "look," "ahead,"
"confident," "deliver," "outlook," "expect," and "predict." Other
examples of forward-looking statements may include, but are not
limited to, (i) statements of Company plans and objectives,
including the introduction of new products, or estimates or
predictions of actions by customers or suppliers, (ii) statements
of future economic performance, and (III) statements of assumptions
underlying other statements and statements about Lifeway or its
business. You are cautioned not to rely on these forward-looking
statements. These statements are based on current expectations of
future events and thus are inherently subject to uncertainty. If
underlying assumptions prove inaccurate or known or unknown risks
or uncertainties materialize, actual results could vary materially
from Lifeway's expectations and projections. These risks,
uncertainties, and other factors include: price competition; the
decisions of customers or consumers; the actions of competitors;
changes in the pricing of commodities; the effects of government
regulation; possible delays in the introduction of new products;
and customer acceptance of products and services. A further list
and description of these risks, uncertainties, and other factors
can be found in Lifeway's Annual Report on Form 10-K for the fiscal
year ended December 31, 2023, and the
Company's subsequent filings with the SEC. Copies of these filings
are available online at https://www.sec.gov,
http://lifewaykefir.com/investor-relations/, or on request from
Lifeway. Information in this release is as of the dates and time
periods indicated herein, and Lifeway does not undertake to update
any of the information contained in these materials, except as
required by law. Accordingly, YOU SHOULD NOT RELY ON THE ACCURACY
OF ANY OF THE STATEMENTS OR OTHER INFORMATION CONTAINED IN ANY
ARCHIVED PRESS RELEASE.
Media:
Derek Miller
Vice President of Communications, Lifeway Foods
Email: derekm@lifeway.net
General inquiries:
Lifeway Foods, Inc.
Phone: 847-967-1010
Email: info@lifeway.net
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SOURCE Lifeway Foods, Inc.