Chobani

Chobani LLC
Company typePrivate
IndustryDairy products
FoundedMarch 2005; 19 years ago (2005-03) (as Agro Farma)
South Edmeston, New York, U.S.
FounderHamdi Ulukaya
HeadquartersNorwich, New York, U.S.
Key people
Number of employees
2,000+ (2018)[1]
SubsidiariesLa Colombe Coffee Roasters
Websitewww.chobani.com

Chobani is an American food company specializing in strained yogurt. The company was founded in 2005 by Hamdi Ulukaya,[2][3] a Turkish businessman.[4][5][6] Chobani sells thick, Greek yogurt with a higher protein content than traditional yogurt and is one of the main companies to popularize this style of yogurt in the US.[7] The company has also expanded to non-dairy, plant-based products such as dairy-free vegan yogurt and oat milk. Chobani produces a variety of Greek yogurt products, oat drinks, and snacks.[8] Chobani's yogurt's market share in the U.S. rose from less than 1% in 2007 to more than 20% in 2021, and is the top-selling Greek yogurt brand in the United States and operates the largest yogurt facility in the world.[9] In April 2016, Chobani announced it was giving 10 percent of its ownership stake to its employees.[10][11][12]

In December 2023, Chobani entered the cold coffee market through the acquisition of La Colombe Coffee Roasters for $900 million.[13]

  1. ^ Gelles, David (June 28, 2018). "Chobani, the Greek Yogurt Maker, Reclaims Control of Its Finances". The New York Times – via NYTimes.com.
  2. ^ "Cultural revolution: The Greek-yogurt phenomenon in America left big food firms feeling sour. They are trying to get better at innovation". The Economist. 2013-08-31. Archived from the original on 2018-08-05. Retrieved 2014-07-15.
  3. ^ Pendleton, Devon (2012-09-14). "Hidden Chobani Billionaire Emerges as Greek Yogurt Soars". Bloomberg. Retrieved 2012-10-08.
  4. ^ "Hamdi Ulukaya". Forbes.
  5. ^ Abdullahoğlu, Eren (9 April 2014). "Obama honors Turkish entrepreneur Hamdi Ulukaya". Daily Sabah. Archived from the original on 4 March 2016. Retrieved 9 March 2021. I had the happiest day of my life to be here as a Turkish businessman.
  6. ^ Gruley, B (January 31, 2013). "At Chobani, the Turkish King of Greek Yogurt". BusinessWeek. Archived from the original on 2013-02-01.
  7. ^ Gasparro, Annie; Josephs, Leslie (19 December 2013). "Whole Foods To Stop Selling Chobani. same sex, lesbian yogurt commercial has led to boycott attempt by several family advocacy organizations Yogurt". The Wall Street Journal. Retrieved 9 June 2014.
  8. ^ Beth Kowitt (2019-11-18). "Chobani Rolls Out Oat Milk, Oat Yogurt, and Dairy Creamers". Fortune. Retrieved 2020-01-20.
  9. ^ Cheng, Michelle (19 November 2021). "How Chobani swallowed 20% of the US yogurt market". Quartz. Retrieved 2022-01-17.
  10. ^ Cite error: The named reference :4 was invoked but never defined (see the help page).
  11. ^ Cite error: The named reference :5 was invoked but never defined (see the help page).
  12. ^ Cite error: The named reference thatsrich was invoked but never defined (see the help page).
  13. ^ Akram, Wasim (15 December 2023). "Chobani Acquired Coffee Company La Colombe For $900 Million". ibmot. ibmot. Retrieved 15 December 2023.