Lifeway Foods Expands Kefir Distribution to South African Market, Targeting Key Growth Opportunities
Source: DairyNews.today
Lifeway Foods, Inc. (Nasdaq: LWAY), a leading U.S. producer of kefir and fermented probiotic products, has officially entered the South African market, marking the company’s first expansion in the region. Lifeway's kefir and ProBugs offerings, exported directly from the United States, are now available on shelves, with distribution targeting a blend of independent and health food retailers, along with limited placements in major chains such as Pick n Pay and Shoprite.
“We are thrilled to bring the leading U.S. kefir brand to South African consumers,” said Julie Smolyansky, President and CEO of Lifeway Foods. “Lifeway is approaching global expansion with a strategic mindset, focusing on markets that offer strong potential without requiring significant capital investment. As trends in cultured dairy beverages continue to grow, I’m excited to build Lifeway’s presence on the global stage.”
The expansion comes at a time when the global kefir market is projected to grow at a compound annual growth rate (CAGR) of over 6.3%, reaching $4.9 billion by 2032, according to Global Market Insights.
Image: Plain, Blueberry, and Strawberry Lifeway Kefir by prnewswire.com
