Study suggests private label will grow 2.95 percent through 2020

In its new report, Research and Markets predicts the private label food and beverage market in the United States will grow at a compound annual growth rate of 2.95 percent through 2020.

The report, “Private-label Food and Beverages Market in the US 2016-2020,” calculates the market size and considers the revenue generated from the retail sales of various private-label food and beverage products to individual consumers in the U.S. The report also includes a discussion of the key vendors operating in this market.

According to the report, large retailers are now increasing private-label brand offerings due to the attractiveness of the market and high sales coming from private brands.

Key vendors in the study included Costco, Kroger, Trader Joe's, Walmart, Wegmans, A&P, Ahold Delhaize, ALDI, CVS, Dollar General, Family Dollar, Giant Eagle, H-E-B, Hy-Vee, Loblaw Cos., Meijer, Metro, Publix, Rite Aid Pharmacy, SuperValu, Target, Wakefern, Walgreens Boots Alliance, Whole Foods Market and Winn Dixie.

Key topics covered included market landscape, market segmentation by distribution channel and product category, market drivers, impact of drivers, market challenges and market trends and vendor landscape

For more information about this report, visit http://www.researchandmarkets.com/research/g94cff/privatelabel.