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Ben & Jerry’s launches new line of Greek frozen yogurt

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Ben & Jerry’s has graduated from Schweddy Balls and other ice cream flavors to a brand new line of icy sweets: Greek frozen yogurt.

The Vermont company revealed four new flavors – strawberry shortcake, raspberry fudge chunk, banana peanut butter and blueberry vanilla graham. The new product will be available nationwide in $4.39 pints as well as $1.29 mini-cup sizes for certain flavors.

Greek yogurt differs from standard yogurts in that more whey is strained out, leaving a thicker, creamier texture with more protein but fewer calories. Customers – mostly educated, high-income women – are devoted to the yogurt because it is perceived to be more filling than a snack as well as natural and healthful.

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Its growth has been among the fastest ever in the food and beverage industry. In each of the last three years, sales of Greek yogurt have boomed more than 100%, while non-Greek yogurt has crept along at single-digit speed, according to The Nielsen Co. In 2008 alone, Chobani’s sales soared 2,812%.

Greek yogurt now hauls in more than $1 billion in revenue a year – about a quarter of total yogurt sales, according to a report from Citigroup Global Markets. Chobani dominates the Greek yogurt market with 53% of total share, with Fage claiming 17%, Danone with 14% and General Mills’ Yoplait Greek with 5%, Citigroup said.

“It’s nice to have a wholesome indulgence that fits within my personal eating habits and tastes great,” said Kristen Schimoler, 25, a Ben & Jerry’s flavor developer.

Ben & Jerry’s is known for its ice cream, including options such as Chubby Hubby and Phish Food.

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