Lifeway Foods® Announces Expanded Kefir and Farmer Cheese Distribution Deal in Dubai and U.A.E.
Lifeway Foods (LWAY) has announced an expanded distribution agreement in the United Arab Emirates market. The company will begin shipping 32oz Lifeway Kefir, 8oz Lactose-Free Lifeway Kefir, ProBugs and farmer cheese to supermarkets and hypermarkets in Dubai and across the Emirates in Q4 2024. The announcement was made during the Gulfood Manufacturing trade show in Dubai. The global kefir market is projected to grow at a CAGR of 6.3%, reaching $4.9 billion USD by 2032.
Lifeway Foods (LWAY) ha annunciato un accordo di distribuzione ampliato nel mercato degli Emirati Arabi Uniti. L'azienda inizierà a spedire Kefir Lifeway da 32oz, Kefir Lifeway senza lattosio da 8oz, ProBugs e formaggio da fattoria ai supermercati e ipermercati di Dubai e in tutto il paese nel quarto trimestre del 2024. L'annuncio è stato fatto durante la fiera Gulfood Manufacturing a Dubai. Si prevede che il mercato globale del kefir crescerà a un CAGR del 6,3%, raggiungendo 4,9 miliardi di dollari USA entro il 2032.
Lifeway Foods (LWAY) ha anunciado un acuerdo de distribución ampliado en el mercado de los Emiratos Árabes Unidos. La empresa comenzará a enviar Kefir Lifeway de 32oz, Kefir Lifeway sin lactosa de 8oz, ProBugs y queso de granja a supermercados e hipermercados en Dubái y en todo el país en el cuarto trimestre de 2024. El anuncio se hizo durante la feria Gulfood Manufacturing en Dubái. Se proyecta que el mercado global de kefir crecerá a un CAGR del 6.3%, alcanzando 4.9 mil millones de dólares estadounidenses para 2032.
라이프웨이 푸드(LWAY)가 아랍에미리트 시장에서의 유통 계약 확대를 발표했습니다. 이 회사는 32oz 라이프웨이 케피어, 8oz 무락토스 라이프웨이 케피어, 프로벅스 및 농부 치즈를 2024년 4분기에 두바이 및 아랍에미리트 전역의 슈퍼마켓과 하이퍼마켓에 배송하기 시작할 것입니다. 이 발표는 두바이에서 열린 굴푸드 가공 무역 박람회에서 이루어졌습니다. 세계 케피어 시장은 연평균 성장률(CAGR) 6.3%로 성장할 것으로 예상되며, 2032년까지 49억 달러에 이를 것입니다.
Lifeway Foods (LWAY) a annoncé un accord de distribution élargi sur le marché des Émirats Arabes Unis. L'entreprise commencera à expédier Kefir Lifeway de 32oz, Kefir Lifeway sans lactose de 8oz, ProBugs et fromage fermier aux supermarchés et hypermarchés de Dubaï et dans tout le pays au quatrième trimestre 2024. L'annonce a été faite lors du salon Gulfood Manufacturing à Dubaï. Le marché mondial du kéfir devrait croître à un TAC annuel de 6,3%, atteignant 4,9 milliards de dollars USD d'ici 2032.
Lifeway Foods (LWAY) hat eine erweiterte Vertriebsvereinbarung für den Markt der Vereinigten Arabischen Emirate bekannt gegeben. Das Unternehmen wird beginnen, 32oz Lifeway Kefir, 8oz laktosefreien Lifeway Kefir, ProBugs und Bauernkäse in Supermärkte und Hypermärkte in Dubai und in den gesamten Emiraten im vierten Quartal 2024 zu versenden. Die Ankündigung wurde während der Gulfood Manufacturing-Messe in Dubai gemacht. Der globale Kefir-Markt wird voraussichtlich mit einer jährlichen Wachstumsrate (CAGR) von 6,3% wachsen und bis 2032 4,9 Milliarden USD erreichen.
- Expansion into UAE market with multiple product lines
- Market entry timed with projected global kefir market growth of 6.3% CAGR
- Diversification of product offering including lactose-free options
- None.
Insights
The expanded distribution deal in the UAE represents a strategic move into a growing market with significant potential. The UAE's high-income consumer base and increasing health consciousness make it an attractive market for premium functional foods. The timing aligns with the projected
The diversified product lineup, including lactose-free options and children's products, positions Lifeway to capture multiple consumer segments. While the immediate revenue impact may be modest given LWAY's current
Lifeway CEO Julie Smolyansky announces substantial new distribution during Gulfood Manufacturing exhibition
"We are excited to further expand Lifeway's presence in the
According to Global Market Insights, the global kefir market is projected to grow at a CAGR of over
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 in
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.
FAQ
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