Lifeway Foods
Morton Grove, Illinois (1986 ) | |
Founder | Michael Smolyansky |
---|---|
Headquarters | Morton Grove, Illinois , |
Key people | Julie Smolyansky (CEO) Michael Smolyansky (Founder) |
Products | Kefir |
Revenue | US$137.2 million (2015)[1] |
US$4.4 million (2015)[1] | |
US$1.972 million (2015)[1] | |
Total assets | US$64.9 million (2015)[1] |
Total equity | US$45.3 million (2015)[1] |
Number of employees | 370 (2015)[1] |
Website | www |
Lifeway Foods is an Illinois based health food company founded in 1986. They are a leading U.S. supplier of kefir and fermented probiotic products to support the microbiome.[2]
History
Lifeway Foods was founded by
During a trip to West Germany, Michael and his wife, Ludmila Smolyansky, realized the kefir sold at a tradeshow was not sold in the United States and decided to start producing it.[4]The company went public and debuted on the
After Michael's death in 2002, his daughter, Julie Smolyansky, took over and became the youngest female CEO of a publicly held firm at the age of 27.[5][6] Since that time, Julie has grown Lifeway’s annual revenues from $12 million in 2002, to over $119 million in 2021. Now, Lifeway estimates it occupies 95 percent of the U.S. market in kefir, which the company has helped turn from a niche health-food product to a formidable player in the surging global market for yogurt and other cultured-milk products.[7][8][9]
Products
Lifeway's flagship product is kefir. Lifeway sells it in several varieties, including low-fat, non-fat, Greek, organic, and low-carb varieties, as well as these in several different flavors.[10] The company also produces farmer cheese resembling Eastern-European style tvorog[11] and Lifeway Oat, a probiotic oat milk designed to support the gut.[12]
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Krestiansky kefir
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Farmer cheese
References
- ^ a b c d e f "Annual report" (PDF). lifewaykefir.com. 2015.
- ^ "Lifeway Foods, Inc. To Report Fourth Quarter and Full Year 2022 Results on March 27, 2023".
- ^ Schreck, Carl (22 March 2015). "How a Soviet Emigre Family Took Kefir Mainstream in America". Radio Free Europe/Radio Liberty.
- ^ "Ukrainian Immigrants Culture a Lucrative Niche". Chicago Tribune.
- ^ https://www.inc.com/elizabeth-gore/how-the-youngest-female-ceo-of-a-publicly-traded-company-overcame-age-and-gender.html
- ^ Schreck, Carl (22 March 2015). "How a Soviet Emigre Family Took Kefir Mainstream in America". Radio Free Europe/Radio Liberty.
- ^ "Leadership -".
- ^ Hogan, Marc (December 18, 2006). "From Russia, with Yogurt". Bloomberg Businessweek. Archived from the original on 2011-03-08. Retrieved 2019-09-07.
- ^ "Edward and Ludmila Smolyansky gear up for proxy battle at Lifeway Foods AGM".
- ^ "Kefir". Lifeway Foods. Retrieved January 2, 2011.
- ^ "Cheese". Lifeway Foods. Retrieved January 2, 2011.
- ^ "Organic Oat -".