If you think only Fonterra is in financial dire straits... the US milk industry is reeling from the decline in dairy sales.
American dairy processor Chobani says it will soon launch vegan oat milk and dairy-free yogurt.
Chobani has specialised in dairy products since its launch in 2005. It is the top-selling Greek yogurt brand in America and it operates the largest yogurt facility in the world.
Now the dairy brand is stepping into the plant-based food sector. It will soon launch a vegan dairy line, Chobani Oat. It will offer oat milk in flavors plain, vanilla, chocolate and plain extra creamy. It will also offer vegan coffee creamers.