Dairy Fountain Inc.

What Dairy Fountain Inc. does

Dairy Fountain Inc., operating as Fountain Food and Beverages Ltd., is a federally licensed specialty dairy processor headquartered in Mississauga, Ontario, founded in 2009. The company produces ethnic cultured dairy products — Balkan, Dahi, whole, and pressed yogurts, ayran (a traditional yogurt drink), kefir, labne, and sour cream — primarily under its 'Elegant' brand. Manufacturing relies on proprietary bacterial cultures and fermentation techniques originally developed through R&D collaboration with the University of Manitoba Food Science department, including kefir grains sourced from the Caucasus Mountains. The company operates from a single CFIA-federal, OMAFRA-licensed, FDA-registered, third-party GMP-audited, HMA Halal-certified processing facility.

Dairy Fountain sells finished products through two primary channels: food service (restaurants, catering, hospitality) and retail grocery, both currently described as 'select' Canadian accounts. Distribution is outsourced to third-party logistics partners, and additional production volume is arranged through co-packers. The company also offers private label manufacturing services, enabling customers to commission custom dairy products under their own brands and leveraging flexible in-plant production capabilities.

Revenue is generated through one-time product sales and private label contract manufacturing; pricing is not publicly disclosed and is handled via direct sales contact. The company is pursuing geographic expansion into the USA via the Toronto Board of Trade Trade Accelerator program and is actively broadening its product portfolio (kefir, labne, flavored yogurts added since 2020). Ownership appears founder-controlled with no disclosed institutional investment, and headcount is reported at 11-50 employees.

Name

Dairy Fountain Inc.

Legal name

Dairy Fountain Inc.

Website

https://dairyfountain.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Short description

Dairy Fountain Inc. is a Canadian federally licensed dairy processor producing ethnic cultured dairy products (yogurt, ayran, kefir, sour cream, labne) under the Elegant brand, serving food service and retail customers with private label manufacturing capabilities.

Ownership category

akta.pro rank

Product category

Cultured Dairy Products

NAICS

Dairy Product (except Frozen) Manufacturing (31151), Dairy Product Manufacturing (3115), Fluid Milk Manufacturing (311511)

SIC

Dairy Products (2020), Beverages (2080)

akta.pro primary industry

Dairy-Based Beverages Manufacturing (Flavored Milk, Lassi, Drinkable Yogurt) (AFAKAKAH)

akta.pro secondary industries

Dairy-Based Beverage Production (Milk Drinks, Yogurt Drinks, Lassi) (AFAFABAJ), Flavored Milk & Dairy Drinkables (Chocolate, Strawberry, RTD) (AFAFAEAB), Fluid Milk & Cream Processing (AFAKAKAA), Dairy Spreads, Dips & Cream Cheese Manufacturing (AFAKAKAL)

Keywords

• Cultured dairy products
• Ethnic yogurt production
• Ayran and kefir beverages
• Private label dairy
• Dairy processing services

Headquarters

HQ city

Mississauga

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations

Revenue model

1. Dairy Product Sales: Sale of finished dairy products including yogurt varieties, ayran, kefir, and sour cream through retail and food service channels.
2. Private Label Manufacturing: Custom production services for private label customers, allowing them to realize products with their own brand. Reduces fixed costs, shrinks time-to-market, and provides customization.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Dairy Fountain Inc. is a federally licensed Canadian dairy processor that produces and sells cultured ethnic dairy products under the Elegant brand, including Balkan, Dahi, pressed, and whole yogurt styles, ayran yogurt drink, kefir, and sour cream, for both retail and food service channels. The company also offers private label contract manufacturing services, allowing customers to realize custom dairy products using Dairy Fountain's flexible processing capabilities and federally licensed Mississauga facility.

Product overview

Dairy Fountain Inc. (operating as Fountain Food and Beverages Ltd.) is a federally licensed dairy processing company based in Mississauga, Ontario. The company produces a portfolio of cultured dairy products under the 'Elegant' brand including: Ayran yogurt drink (Plain and Mint flavors), Kefir (Plain and Mango), Balkan Yogurt (5.9% MF), Dahi Yogurt (3.25% MF), Pressed Yogurt (14% MF), and Sour Cream (14%). Products are positioned for both retail and food service channels, with various package sizes ranging from 473 ml to 10 kg. The company also offers private labeling services for customers seeking custom branded dairy products.

Differentiator

Problem solved

Functional benefit

Brands

• Elegant: Premium product line including yogurts, ayran, kefir, and sour cream marketed under the Elegant brand name

Products and services

• Ayran Yogurt Drink (Elegant) Signature yogurt drink made with milk, water, active bacterial culture, salt, and potassium sorbate. Available in Plain and Mint flavors in 473 ml and 1.89 L sizes under the Elegant brand. Known globally as Lassi, T'an, or Dhallë.
• Kefir (Elegant) Probiotic cultured milk drink crafted from locally sourced milk fermented with kefir grains from the Caucasus Mountains. Available in Plain and Mango flavors in 473 ml and 1.89 L sizes under the Elegant brand.
• Balkan Yogurt (Elegant) Traditional Balkan-style yogurt with 5.9% milk fat, made with milk, milk ingredients, cream, and active bacterial cultures. Features creamy taste with thick yet smooth texture. Available in 1.8 kg, 4.54 kg, and 10 kg sizes for retail and food service.
• Dahi Yogurt (Elegant) Traditional Dahi-style yogurt with 3.25% milk fat, made with milk, milk ingredients, and active bacterial cultures. Features creamy taste with thick yet smooth texture. Available in 1.8 kg and 10 kg sizes.
• Pressed Yogurt (Elegant) Pressed-style yogurt with 14% milk fat, made with milk, cream, milk protein concentrate, and active bacterial cultures. Features thick texture suitable for eating alone or cooking and baking. Available in 4.54 kg and 10 kg sizes.
• Sour Cream (Elegant) Dairy product fermented with lactic acid bacteria, at 14% milk fat, with unique texture and rich flavor. Used as garnish, topping for TexMex dishes, soups, stews, and baked goods. Available in 10 kg size.
• Private Label Dairy Manufacturing Custom production service enabling businesses to realize dairy products under their own brand using Dairy Fountain's federally licensed processing plant and flexible production techniques. Helps customers reduce fixed costs, shrink time-to-market, and access production for custom products.

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered minor and core.

• Grocery Innovations CanadaminorGTM or Marketing Partner · 28 October 2025Exhibiting at Booth 1824 at Grocery Innovations Canada, October 28-29, 2025.
• University of Manitoba - Food Science DepartmentcoreStrategic or Co-development PartnerInitial collaboration with Food Science department for product research and development. Experimentation with bacterial cultures, processes, test samples, and focus groups to develop signature flavor and texture profiles. Shelf-life, sensory analysis, chemical and biological tests conducted.
• BDC (Business Development Bank of Canada)coreStrategic or Co-development PartnerStrategic planning and management consulting relationship providing guidance on market expansion and growth strategy.
• Dairy Farmers of OntariocoreOthersAll milk sourced from local farms through Dairy Farmers of Ontario, ensuring quality Canadian milk supply.
• Toronto Board of TrademinorGTM or Marketing PartnerParticipant in Trade Accelerator program for entering new markets including USA and beyond.

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Saputo: Saputo is the largest Canadian dairy processor with a broad portfolio including yogurt, sour cream, and specialty ethnic dairy products. Comparable to Dairy Fountain as a federally-licensed Canadian dairy manufacturer serving retail and foodservice, but operating at vastly greater scale across multiple categories.
• Fage: Fage is a global Greek yogurt leader with a strong North American presence, comparable in product format to Dairy Fountain's strained/pressed yogurt lines. Fage operates at much larger scale and broader distribution but competes in the same premium traditional yogurt segment.
• Stonyfield Farm: Stonyfield is a U.S. organic yogurt and cultured dairy leader, broader in portfolio scale but directly comparable in the cultured-dairy category to Dairy Fountain. Both companies emphasize natural ingredients, traditional fermentation, and premium positioning, though Stonyfield operates at materially larger scale.
• Chobani: Chobani is the leading U.S. Greek yogurt brand and has expanded into probiotic drinks, oat-based products, and creamers. Comparable in cultured dairy and probiotic beverage categories to Dairy Fountain, but with global scale, branded marketing power, and a recently entered Canada presence.
• Agropur: Agropur is a major Canadian dairy cooperative producing yogurt, sour cream, kefir, and specialty dairy. Directly comparable in product categories to Dairy Fountain, but as a national cooperative with significantly larger volume, broader distribution, and institutional customer relationships.

Direct peers

• Noosa Yoghurt: Noosa Yoghurt produces premium Australian-style whole-milk yogurt, directly comparable in positioning to Dairy Fountain's high-fat pressed and Balkan yogurts. Both companies compete in the premium traditional-ethnic yogurt segment with focus on authentic texture and clean ingredient profiles.
• Lifeway Foods: Lifeway Foods is a U.S.-based manufacturer of kefir and probiotic cultured dairy products, directly comparable to Dairy Fountain's kefir and ayran drinkable-cultured-dairy portfolio. Both companies serve health-conscious consumers seeking traditional/ethnic fermented dairy beverages, and operate at a similar small-cap public/private scale.
• Siggi's: Siggi's makes Icelandic-style skyr (cultured strained yogurt) and drinkable cultured dairy, directly overlapping with Dairy Fountain's cultured dairy portfolio. Both brands emphasize traditional fermentation techniques, clean ingredients, and higher protein content than mainstream yogurts.
• Liberté: Liberté is a Canadian premium yogurt and cultured dairy brand with Mediterranean/ethnic positioning, directly overlapping with Dairy Fountain's Balkan, Dahi, and whole yogurt SKUs. Both companies target retail and foodservice customers in Canada seeking authentic cultured dairy with traditional recipes.

Regional players

• Ultima Foods (iögo / Olympic): Ultima Foods is a Canadian yogurt and cultured dairy manufacturer (iögo, Olympic brands) serving the same retail channels as Dairy Fountain. Comparable in Canadian retail and yogurt category focus, but as a much larger national player rather than a niche ethnic specialist.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/fountain-food-and-beverages-ltd-

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Dairy Fountain Inc.