Chobani Secures $650M for Major US Expansion, Diversifies Food Portfolio

October 22, 2025, 9:38 pm
Chobani
Chobani
BeveragesCPGDairyFoodManufacturing
Location: United States
Employees: 1001-5000
Founded date: 2005
Total raised: $1.4B
La Colombe Coffee
La Colombe Coffee
BusinessCoffeeE-commerceFoodTechInvestmentITLifeShopSpecialty
Location: United States, Pennsylvania, Philadelphia
Employees: 201-500
Founded date: 1993
Chobani, a leading US food producer, just secured $650 million in growth capital. This capital propels its aggressive expansion strategy. A new $1.2 billion facility in Rome, New York, is planned. The Twin Falls, Idaho plant sees a $500 million upgrade. This strategic move cements Chobani's $20 billion valuation. The company projects $3.8 billion in 2025 net sales, marking a significant 28% increase. Chobani expands beyond its iconic Greek yogurt. Recent acquisitions include coffee powerhouse La Colombe ($900M, 2023) and plant-based innovator Daily Harvest (2025). The company also launched its own protein drinks and oat milk lines. Chobani now offers a diverse food portfolio. It targets broad consumer tastes, directly competing with established food conglomerates across the US market.

Chobani has secured significant new capital. The Greek yogurt giant announced a $650 million funding round. This investment underpins an ambitious growth strategy. It signals strong confidence in Chobani's market trajectory.

The new funding boosts Chobani’s market valuation. The company is now valued at an impressive $20 billion. This financial milestone reflects Chobani's robust performance. It highlights its increasing influence in the competitive US food sector.

The capital infusion targets key strategic initiatives. Production expansion is paramount. Chobani plans massive investments in its manufacturing capabilities. These moves aim to meet escalating consumer demand. They will solidify Chobani's position across diverse food categories.

A new facility is rising in Rome, New York. Chobani commits $1.2 billion to this dairy plant. It represents the largest single facility investment in company history. This plant dramatically increases production capacity. It promises economic benefits for the region.

The company's Idaho operations are also expanding. The Twin Falls plant receives a $500 million upgrade. This investment enhances existing infrastructure. It boosts efficiency and output. Both expansions reinforce Chobani’s commitment to domestic production. They underscore a growth-focused manufacturing strategy.

Chobani’s financial outlook is strong. The company projects $3.8 billion in net sales for 2025. This marks a substantial 28% increase from the previous year. Such growth outperforms many industry peers. It validates Chobani’s strategic diversification efforts.

Beyond traditional yogurt, Chobani is building a comprehensive food portfolio. This shift expands its consumer reach. It mitigates reliance on a single product category. The company aims for broader market penetration.

Acquisitions play a crucial role in this strategy. Chobani strategically targets growing food and beverage segments. These purchases integrate new product lines. They expand the company’s market footprint.

In 2023, Chobani acquired La Colombe. The ready-to-drink coffee manufacturer cost $900 million. This acquisition immediately bolstered Chobani’s beverage presence. It positioned Chobani in the rapidly expanding premium coffee market. La Colombe’s distinct brand appeals to a broad demographic.

Early in 2025, Chobani purchased Daily Harvest. This acquisition further diversified its offerings. Daily Harvest specializes in organic smoothies, breakfast bowls, and frozen meals. It also produces protein powders. This move strengthens Chobani's presence in the plant-based and convenient meal sectors. It caters to health-conscious consumers seeking quick, nutritious options.

Internal innovation also drives Chobani’s expansion. The company developed its own lines of oat milk. It introduced various coffee creamers. These products leverage Chobani’s dairy expertise. They tap into growing consumer preferences for plant-based alternatives.

Protein-rich products are another focus. Chobani launched new high-protein offerings in 2024. These include specialized protein shakes. This initiative targets fitness enthusiasts and health-focused individuals. It capitalizes on the enduring demand for functional foods.

Independent food brands are gaining traction. Chobani leads this charge. Brands like Mike’s Amazing and Duke’s also demonstrate this trend. They challenge the dominance of established food conglomerates. Unilever is among the large players feeling pressure. These smaller, agile brands often innovate faster. They connect more directly with evolving consumer tastes.

Chobani’s success stems from its core philosophy. The company emphasizes "good food for all." This mission guides product development and market strategy. It resonates with consumers seeking quality and transparency.

The company's investment in its people is also key. Chobani frequently highlights its employee-centric approach. This fosters a strong company culture. It contributes to sustained operational excellence.

The latest funding round ensures Chobani's continued momentum. It provides essential capital for further innovation. It supports ongoing market expansion. Chobani is poised for a new era of growth. Its diversified portfolio targets a wider demographic. The company continues to disrupt the traditional food industry landscape. Chobani aims to be a comprehensive food leader. Its strategic moves reflect this bold vision.