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Global “Private-label Food and Beverage Market” report provided deep analysis of the vendor landscape to give you a complete picture of current and future competitive scenarios of the global market. The market report elaborates the various affecting factors like market share, competitive intelligence and growth opportunity. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The Private-label Food and Beverage market report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
The global Private-label Food and Beverage market to grow at a CAGR of around 3%% during the period 2019-2023.
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About Private-label Food and Beverage Market:
The dollar value share of private-label brands (including food and beverage and beauty and personal care products) in the US retail market increased from 17.5% in 2013 to 18% in 2018. The private-label food and beverage contribute a major share of this growth. Competitive pricing and easy availability are the major factors driving the sales of private-label food and beverage products. Private-label brands are reaping more benefits in terms of the dollar value of sales due to factors such as increasing premium and specialty product offerings. Factors like perceived high quality and lower price than other national brands encourage more consumers to purchase their private-label products confidently.
Private-label vendorsâ€™ expansion of geographic presence and product line extensionVarious private-label vendors, including Lidl and Kroger, are involved in the rapid expansion of their geographic presence in the US. For instance, Lidl launched its first store in the US in 2017. Since then, the German supermarket grocery chain has managed to launch almost 53 stores across the US by the end of 2018. Apart from these expansions, vendors are also expanding their private-label product offerings in their stores across the US. For instance, ALDI planned to expand its private-label offerings in fresh, organic, vegetarian, and vegan range to its 1,600 stores across the US in 2018. As these products are economical and are not compromised on quality, product line extension will further increase the demand for private-label food and beverage products among consumers.Intense competition between private-label and national brandsThe private-label food and beverage market in the US is highly competitive due to the presence of various private-label and global vendors. The national brands have a strong customer base with high brand reputation compared with private-label vendors. National brands also have the advantage of economies of scale, which helps them leverage innovative marketing strategies and cover a better geographic reach. The other huge drawback of the fragmented structure of private-label food and beverage market in the US is that it presents a barrier to technologies that require standardization and integration. Intense competition between private-label vendors and national brands might slow down the growth of the market in the US during the forecast period.
Some Key Players of Global Private-label Food and Beverage Market Are:
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Highlights of the Private-label Food and Beverage market report:
Important Key questions answered in Private-label Food and Beverage market report:
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Detailed TOC of Private-label Food and Beverage Market Report 2019-2023:
PART 01: EXECUTIVE SUMMARYPART 02: SCOPE OF THE REPORT2.1 Preface2.2 Preface2.3 Currency conversion rates for US$PART 03: MARKET LANDSCAPEMarket ecosystemMarket characteristicsMarket segmentation analysisPART 04: MARKET SIZINGMarket definitionMarket sizing 2018Market size and forecast 2018-2023PART 05: FIVE FORCES ANALYSISBargaining power of buyersBargaining power of suppliersThreat of new entrantsThreat of substitutesThreat of rivalryMarket conditionPART 06: MARKET SEGMENTATION BY PRODUCTMarket segmentation by productComparison by productPrivate-label food – Market size and forecast 2018-2023Private-label beverage – Market size and forecast 2018-2023Market opportunity by productPART 07: CUSTOMER LANDSCAPEPART 08: MARKET SEGMENTATION BY DISTRIBUTION CHANNELMarket segmentation by distribution channelComparison by distribution channelOffline distribution channel – Market size and forecast 2018-2023Online distribution channel – Market size and forecast 2018-2023Market opportunity by distribution channelPART 09: DECISION FRAMEWORKPART 10: DRIVERS AND CHALLENGESMarket driversMarket challengesPART 11: MARKET TRENDSIncreasing online presence of private-label brandsExpansion of private-label brands into specialty productsIntegration of technology to create collaborative retail business networkPART 12: VENDOR LANDSCAPEOverviewLandscape disruptionCompetitive scenarioPART 13: VENDOR ANALYSISVendors coveredVendor classificationMarket positioning of vendorsAmazon.com Inc.Costco Wholesale Co.Target Brands, Inc.The Kroger Co.Walmart Inc.PART 14: APPENDIXResearch methodologyList of abbreviationsDefinition of market positioning of vendors
Name: Ajay More
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To view the original version on The Express Wire visit Private-label Food and Beverage Market Outlook 2019 by Market Size, Business Plans | Global Growth Rate by Top Key Players and Regions Forecast to 2023