NIQ data shows that not only is sustainability important for consumers, but that private label products that make sustainability claims are growing faster than branded items.
Gluten-free food and beverage products are outpacing traditional products in categories across the board, giving retailers an opportunity to enhance gluten-free private label offerings.
Not only do brand management technologies empower in-house teams and vendors, they enable real-time online collaboration so new products can be brought from strategy to the shelf more quickly, accurately and efficiently.
The latest IRI research, "Baby Boomers II: Preparing for the Upcoming Wave of Aging Shopper Growth," reveals that store brand spending increases with age.
In its new report, "A Look into The Future of Eating," The NPD Group forecasts that better-for-you foods -- such as organic and light or low-calorie foods and beverages -- will be among the fastest growing food trends over the next decade.
Private-label foods and beverages, once the poor relation in the family of grocery goods, have evolved to meet the higher expectations of a more diverse, experiential and quality-conscious American consumer.
This special update to the Private Label Trends Worldwide report addresses the acceleration of private labels as the retailers respond to the current economic downturn.
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