Press release
Private Label Food and Beverage Market Booming 6.7% CAGR to Drive Revenue to $810.60 Billion by 2032
The ๐๐ซ๐ข๐ฏ๐๐ญ๐ ๐๐๐๐๐ฅ ๐ ๐จ๐จ๐ ๐๐ง๐ ๐๐๐ฏ๐๐ซ๐๐ ๐ ๐๐๐ซ๐ค๐๐ญ was valued at USD 482.49 billion in 2024 and is expected to grow at a CAGR of 6.7% during the forecast period, reaching approximately USD 810.60 billion by 2032.๐๐ซ๐ข๐ฏ๐๐ญ๐ ๐๐๐๐๐ฅ ๐ ๐จ๐จ๐ ๐๐ง๐ ๐๐๐ฏ๐๐ซ๐๐ ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
Private label food and beverage products are those manufactured by third-party suppliers and sold under retailers' brands. These products allow retailers to align offerings with their brand strategies without investing directly in production infrastructure. The market benefits from the growing demand for tailored products, including organic and sustainable options, and caters to a variety of preferences and pricing tiers. E-commerce and premiumization trends are driving growth, with major players like Walmart, Costco, and Amazon leading innovation and expansion in this space.
๐๐๐ง๐ญ ๐ญ๐จ ๐๐๐ ๐ญ๐ก๐ ๐๐ซ๐๐ง๐๐ฌ? ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐ฒ:https://www.stellarmr.com/report/req_sample/Private-Label-Food-and-Beverage-Market/1781
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ซ๐ข๐ฏ๐๐ญ๐ ๐๐๐๐๐ฅ ๐ ๐จ๐จ๐ ๐๐ง๐ ๐๐๐ฏ๐๐ซ๐๐ ๐ ๐๐๐ซ๐ค๐๐ญ:
The rise of e-commerce platforms provides retailers with broader access to consumers, simplifying the distribution of private-label goods. Additionally, premiumization-the increasing demand for high-quality store-brand products-fuels revenue growth, as consumers view private-label options as cost-effective yet luxurious alternatives to national brands. Growing consumer awareness about sustainability and health-conscious options further drives demand for private-label organic and specialty foods.
๐๐ซ๐ข๐ฏ๐๐ญ๐ ๐๐๐๐๐ฅ ๐ ๐จ๐จ๐ ๐๐ง๐ ๐๐๐ฏ๐๐ซ๐๐ ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
Retailers are embracing sustainability and eco-friendly practices, introducing private-label products with biodegradable packaging and responsibly sourced ingredients. There is also an increase in on-the-go food options tailored to the younger, fast-paced demographic. Innovation in regional flavors and health-oriented products is gaining traction, with private-label manufacturers focusing on differentiation to compete with national brands. Partnerships and product expansions, particularly in premium offerings like wine and organic foods, reflect a shift toward targeting higher-income consumers.
๐๐ก๐ ๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐๐ญ๐๐ค๐๐ก๐จ๐ฅ๐๐๐ซ๐ฌ ๐๐๐ง ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐ซ ๐ญ๐ก๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:https://www.stellarmr.com/report/enquire_now/Private-Label-Food-and-Beverage-Market/1781
๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ซ๐ข๐ฏ๐๐ญ๐ ๐๐๐๐๐ฅ ๐ ๐จ๐จ๐ ๐๐ง๐ ๐๐๐ฏ๐๐ซ๐๐ ๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฅ๐จ๐๐๐ฅ ๐๐ฉ๐๐๐ญ๐๐ฌ
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ
Vietnam's private label food and beverage market is expanding rapidly due to the growing penetration of modern retail chains and rising consumer preference for affordable options. The market grew by 7.2% in 2023, with high demand for ready-to-eat and packaged foods. Retailers like VinMart and Saigon Co.op are introducing private label products to cater to the evolving needs of Vietnamese consumers.
๐๐ซ๐ข๐ฏ๐๐ญ๐ ๐๐๐๐๐ฅ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐
Thailand's flourishing tourism and hospitality industries are boosting the private label food and beverage market. The market witnessed a 6.8% growth in 2023, driven by demand for high-quality private label snacks and beverages. Companies such as Central Retail Corporation and Big C are launching competitive product lines to capture the growing demand for affordable and reliable food products.
๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐๐ฉ๐๐ง'๐ฌ ๐๐ซ๐ข๐ฏ๐๐ญ๐ ๐๐๐๐๐ฅ ๐ ๐จ๐จ๐ ๐๐ง๐ ๐๐๐ฏ๐๐ซ๐๐ ๐ ๐๐๐ซ๐ค๐๐ญ
Japan's focus on convenience and premium-quality products is driving the private label market. In 2023, the market expanded by 6.5%, supported by an increase in demand for eco-friendly and health-focused options. Retail giants like Aeon Co. and Seven & I Holdings are investing in innovative packaging and product quality to align with consumer expectations.
๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐'๐ฌ ๐๐ซ๐ข๐ฏ๐๐ญ๐ ๐๐๐๐๐ฅ ๐๐ซ๐จ๐ฐ๐ญ๐ก
South Korea's technologically advanced retail sector is bolstering the private label food and beverage market. The market grew by 6.9% in 2023, with strong demand for ready-to-cook meals and beverages. Companies like Shinsegae and E-Mart are leading the segment by offering competitive pricing and product innovation in response to consumer demand.
๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐'๐ฌ ๐๐ซ๐ข๐ฏ๐๐ญ๐ ๐๐๐๐๐ฅ ๐ ๐จ๐จ๐ ๐๐ง๐ ๐๐๐ฏ๐๐ซ๐๐ ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
Singapore's focus on sustainability and premium-quality products is driving the private label market. The market recorded an 8% growth in 2023, with rising sales of organic and eco-friendly private label products. Retailers like NTUC FairPrice and Cold Storage are collaborating with global suppliers to introduce diverse product lines that cater to Singapore's health-conscious consumers.
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ญ๐ก๐ ๐๐ ๐๐ซ๐ข๐ฏ๐๐ญ๐ ๐๐๐๐๐ฅ ๐ ๐จ๐จ๐ ๐๐ง๐ ๐๐๐ฏ๐๐ซ๐๐ ๐ ๐๐๐ซ๐ค๐๐ญ
The United States dominates the private label food and beverage market, accounting for over 35% of global revenue in 2023. The market is driven by the rising trend of cost-effective shopping and increasing demand for organic and natural products. Retailers like Costco, Trader Joe's, and Walmart are continuously expanding their private label offerings to meet evolving consumer preferences.
๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐'๐ฌ ๐๐ซ๐ข๐ฏ๐๐ญ๐ ๐๐๐๐๐ฅ ๐ ๐จ๐จ๐ ๐๐ง๐ ๐๐๐ฏ๐๐ซ๐๐ ๐ ๐๐๐ซ๐ค๐๐ญ
Europe remains a stronghold for the private label market, with countries like Germany, France, and the UK leading in adoption. The market grew by 6.7% in 2023, driven by the demand for sustainable and premium-quality products. Companies such as Aldi, Lidl, and Tesco are investing heavily in private label innovation to maintain their competitive edge in the region.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ @https://www.stellarmr.com/report/req_sample/Private-Label-Food-and-Beverage-Market/1781
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ซ๐ข๐ฏ๐๐ญ๐ ๐๐๐๐๐ฅ ๐ ๐จ๐จ๐ ๐๐ง๐ ๐๐๐ฏ๐๐ซ๐๐ ๐ ๐๐๐ซ๐ค๐๐ญ:
By Product Type
Food Product
Beverage
Others
Distribution Channel
Online
Offline
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฏ๐ข๐ฌ๐ข๐ญ:https://www.stellarmr.com/report/Private-Label-Food-and-Beverage-Market/1781
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐๐ซ๐ข๐ฏ๐๐ญ๐ ๐๐๐๐๐ฅ ๐ ๐จ๐จ๐ ๐๐ง๐ ๐๐๐ฏ๐๐ซ๐๐ ๐ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
Costco Wholesale Co.
Amazon.com Inc.
Target Brands, Inc.
Walmart
The Kroger Co.
Finlay Beverages
Dollar General Corp.
Wegmans Food Markets
Edeka Zentrale AG & Co. KG
WNfoods
JW Nutritional
Golden West Speciality Foods
Wogan Build Centre
Family Foods Limited
Forza Industries Ltd.
Italian Beverage Company Ltd.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
โฆMachine Tools Market https://www.stellarmr.com/report/Machine-Tools-Market/204
โฆVibrating Screen Market https://www.stellarmr.com/report/Vibrating-Screen-Market/214
โฆIndustrial Automation Services Market https://www.stellarmr.com/report/Industrial-Automation-Services-Market/217
โฆUnited Kingdom (UK) Carbon Neutral Market https://www.stellarmr.com/report/United-Kingdom-UK-Carbon-Neutral-Market/230
โฆNuclear Medicine Market https://www.stellarmr.com/report/nuclear-medicine-market/2443
โฆAmbient Food Packaging Market https://www.stellarmr.com/report/Ambient-Food-Packaging-Market/244
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
S.no.8, h.no. 4-8 Pl.7/4, Kothrud,
Pinnac Memories Fl. No. 3, Kothrud, Pune,
Pune, Maharashtra, 411029
sales@stellarmr.com
๐๐๐จ๐ฎ๐ญ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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