Dannon tackles the "millennial challenge"

This event report outlines how Dannon, the dairy goods group, has aimed to boost the appeal of many of its products among millennials.

Dannon tackles the "millennial challenge"

Stephen WhitesideWarc

The Dannon Co. – and, indeed, most of its competitors in the yogurt category – are struggling to tickle the increasingly valuable taste buds of millennials.

"Millennials account for only 18% of yogurt volume. And 18-to-24-year-olds account for just 5% of yogurt consumption, which is significantly less than their fair share," Olesya Govorun, Director/Strategy & Insights at The Dannon Company, reported at The Market Research Event (TMRE) 2015, a conference convened by the Institute for International Research (IIR) in Orlando, Florida.

"The majority of volume in our category comes from people 45-plus....

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