Demand for Sustainable Packaging Will Uplift the Private Label Food and Beverages Market in the US Through 2019: Technavio

LONDON

Technavio has published a new report on the private label food and beverages market in the US,which is expected to grow at a CAGR of almost 5% from 2015-2019.

About the Report

The latest report by Technavio discusses the low investment and high profits system of the private label food and beverages market, as the manufacturing costs for private-labels are usually much lower than that of branded products.

“The significant difference in price between the private labels and the national brands enables private-label products’ retailers to offer their products at a lower price, with higher profit margins,” says Faisal Ghaus, Vice President of Technavio.

The new report by Technavio also emphasizes the sustainability of packaging, which is a major aspect being pursued in the private-label food and beverages market in the US.

“The new technology AeroClay by Western Reserve University Lab helps in manufacturing a versatile material that is sturdy, eco-friendly, and temperature resistant that can be used to keep the packaged goods fresh for a longer period,” adds Ghaus.

Market Scope and Calculation of Market Size

The new Technavio report covers the present scenario and growth prospects of the private label food and beverages market in the US from 2015-2019. The report considered revenue generated from sales of the labels manufactured by vendors for packaging of food and beverage products to calculate the market size.

Key Information Covered in the Report:

• Key Vendors:
  • Costco Wholesale
  • Kroger
  • Safeway
  • Trader Joe’s
  • Wegmans
• Market Growth Drivers:
  • Low investment and high profits
  • For a full detailed list, view our report.
• Market Challenges:
  • Safety concern for products
  • For a full detailed list, view our report.
• Market Trends:
  • Increased usage of digital media
  • For a full detailed list, view our report.

Technaviocurrently has more than 3000 market research reports on a huge range of topics, including 300+ reports on the food and beverage market:

• Organic Food and Beverages Market in Europe 2015-2019
• Global Food and Beverage Metal Can Market 2015-2019

If you are interested in more information, please contact our media team at media@technavio.com.

View source version on businesswire.com: http://www.businesswire.com/news/home/20150812005410/en/

Technavio Research
Jesse Maida
US: +1-630-333-9501
UK: +44-208-123-1770
Media & Marketing Executive
www.technavio.com
media@technavio.com