A dispensing package for holding and dispensing food products, such as yogurts, frozen confections, custards, and the like, and may comprise a unitary, one-piece package body preferably comprising wicking-resistant, polymer-coated paperboard material which is liquid impermeable. Non-coated paperboard may alternatively be employed. The package body includes a sidewall having a generally elongated, downwardly and inwardly tapering configuration, and can include a crimped bottom. The sidewall is inwardly deformable so that inward deformation urges product within the package upwardly through the open mouth of the package for dispensing the product. The package can alternatively be configured with a flat bottom, and include a horizontal, bottom flex panel to facilitate deformation of the package for dispensing product. This embodiment permits the package to be readily positioned in a standing, upright orientation during consumption so that product does not inadvertently flow from the package.