Frozen yogurt is quickly becoming one of the most popular snacks in the country. At your local dessert shop, you can get a tasty treat that is lower in fat and with fewer calories than almost any other dessert option available. This ice-cold dessert made with cultured milk known as yogurt. It differs from ice cream in that it usually has a more tart flavor and is lower in fat. A dessert shop of this type will usually offer several different flavors and provide a variety of toppings for you to create your own custom desert.
Frozen Yogurt in the 70's
First served on the US’s east coast, the dessert was introduced to limited success in the 1970s. A man named H. P. Hood introduced a soft-serve frozen dessert he dubbed “Frogurt” and in 1978, Brigham’s ice cream shop in Boston developed and introduced the first packaged ice-cold dessert of this type under the product name “Humphreez Yogart.” The most popular of brands was introduced by the Dannon Yogurt company. They packaged frozen raspberry yogurt covered with dark chocolate served on a stick.
The Popular Frozen Dessert in the 80's
In the 1980’s this treat had its first big success in the 1980s. Manufacturers began to experiment with recipes by adding flavor and changing the texture. What was originally not much different from the traditional product in texture and taste, became the tasty soft-serve we have come to love. The health-craze of the 80’s helped to boost the dessert’s popularity and the new flavor options and the opening of shops in shopping malls and neighborhoods, topping at $25 million in 1986.
The Dessert in the 90's
The New York Times reported that 177 million gallons of the dessert was produced in the US in 1990. This frozen treat business continued to grow and sales reached $330 million; representing a solid 10% of the frozen dessert market.
What’s New in the Millennium
The frozen yogurt business began to wane a bit in the late 1990’s and early in the new millennium but around 2005 the dessert started to become popular again. Frozen yogurt manufacturers went back to more classically tart flavors and yogurt shops started providing a multitude of topping choices. This new type of shop brought new life into the frozen yogurt market and the industry has continued to thrive. 2012 estimated sales are more than $2.5 billion dollars.
Clearly, this type of business has presented a wonderful opportunity for many entrepreneurs and continues to show strength. Location and business know how, of course, play a big roll in the success of any business, but many new entrepreneurs are finding great results here. If you are considering cashing in on the dessert’s success by opening your own shop, consider purchasing a frozen yogurt business plan template. It can help you decipher the market data that you need in order to take advantage of this growing industry.