Dublin, July 08, 2024 (GLOBE NEWSWIRE) -- The "Private Label Food and Beverages - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Private Label Food and Beverages was valued at an estimated US$468.6 Billion in 2023 and is projected to reach US$644.9 Billion by 2030, growing at a CAGR of 4.7% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. 
The growth in the private label food and beverages market is driven by several factors. Advances in manufacturing technology have enabled retailers to produce high-quality private label products efficiently and at competitive prices. The increasing consumer demand for personalized and unique products has also spurred innovation within private label lines, leading to the introduction of specialty and niche items that differentiate retailers from competitors. Furthermore, the expansion of e-commerce and digital marketing has provided new avenues for private label brands to reach and engage with consumers. Retailers can now leverage data analytics to understand consumer preferences better and tailor their product offerings accordingly.
The shift towards sustainable and ethical consumption has also played a role, with many private label brands focusing on sustainable sourcing and environmentally friendly packaging. These factors collectively drive the robust growth of the private label food and beverages market, reflecting a significant transformation in consumer shopping habits and the competitive landscape of the retail industry.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Private Label Food Products segment, which is expected to reach US$405.3 Billion by 2030 with a CAGR of a 5.1%. The Private Label Beverages segment is also set to grow at 4.0% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $127.7 Billion in 2023, and China, forecasted to grow at an impressive 7.7% CAGR to reach $132.7 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Key Questions Answered:
- How is the Global Private Label Food and Beverages Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as AG Foods Group a.s., Berner Food and Beverage, Culture Fresh Foods, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 379 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $468.6 Billion |
| Forecasted Market Value (USD) by 2030 | $644.9 Billion |
| Compound Annual Growth Rate | 4.7% |
| Regions Covered | Global |
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Global Economic Update
- Private Label Food and Beverages - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
MARKET TRENDS & DRIVERS
- Growing Consumer Acceptance Throws the Spotlight on Private Label Quality
- Retailer Branding Strategies Propel Private Label Growth
- Cost-Effective Pricing of Private Labels Expands Addressable Market Opportunity
- Innovations in Private Label Packaging Generate Consumer Interest and Brand Loyalty
- Health and Wellness Trends Drive Demand for Organic and Clean Label Private Brands
- Premiumization of Private Label Products Spurs Market Expansion
- Expanding Online Retail Channels Generate Opportunities for Private Label Brands
FOCUS ON SELECT PLAYERS (Total 49 Featured)
- AG Foods Group a.s.
- Berner Food and Beverage
- Culture Fresh Foods
- Giovanni Food Company, Inc.
- Giraffe Foods Inc.
- Good Food Group A/S
- Ingredion, Inc.
- Private Label Foods
- Ravensbergen Food B.V.
- Smile Natural Foods
- Subco Foods
- Sysco Corporation
For more information about this report visit https://www.researchandmarkets.com/r/lzigks
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