Although the US private label market has a ways to go in catching up with Europe, a shifting consumer landscape has more consumers than ever examining products’ origins, paving the way for private label manufacturers to seize on those looking to shop...
Private label specialist TreeHouse Foods has struck a CAD $170m (c. US $150m) deal to acquire Protenergy Natural Foods, a leading manufacturer of broth, soups and gravies, from Whitecastle Investments Limited, Whitecap Venture Partners and others.
While some analysts predict US private label penetration rates (which have remained stubbornly at around 18% of dollar sales for in recent years) could reach 25-30% or higher in the next few years, their “exuberance… is perplexing at best”, according...
Food accounted for 37% of Wal-Mart’s US sales in 2012 vs 23% in 2002, but its growth has started to decelerate, and we can expect more destocking of major brands, a greater focus on private label, and renewed interest in higher-end health & wellness...
Both private label and national brands’ shares of sales remained unchanged during the past year, with private label share of dollar sales inching up slightly, due in large part to above-average price inflation within the private label sector.
Packaged food companies continue to see mid-range market share stolen from an increasingly sophisticated store brand segment. So they’ll look to stay relevant with continued focus on convenience and popular messaging like high protein.
While private label penetration rates in the US “pale in comparison” to those in Europe, the way US retailers regard their store brands has changed dramatically in recent years, according to the CEO of one leading manufacturer.
Private label specialist TreeHouse Foods is cashing in as more consumers hooked on single serve coffee opt for premium private label alternatives to national brands, say bosses.
Consumer perceptions of store brands are continuing to improve in the US as retailers move beyond cheap me-too products. But perceptions of quality still vary considerably across different categories, says a new survey.
A perfect example of the fact that shoppers are willing to pay a premium for quality and convenience - even in tough times - the growth of the single serve coffee market has been nothing short of meteoric, growing from $1bn in 2011 to more than $1.8bn...
Organic volumes in ConAgra Foods’ Consumer Foods segment rose 3% in the last quarter, marking an “important turning point” after more than two years of negative growth, said CEO Gary Rodkin yesterday.
Consumers are becoming less interested in mid-market products, and are trading down for basic groceries and trading up for premium brands that matter most from an emotional and social perspective, says a new report from Rabobank.
While ConAgra Foods has been on a “very steep learning curve” since it acquired private label giant Ralcorp, bosses are more confident than ever that demand for store brands “is not only here to stay but will play a leading role in the industry's...
Convenience stores and value supermarkets are the fastest growing channels for confectionery in the US as cash strapped consumers down-trade and stores expand, according to the National Confectioners Association (NCA) and market analysts Nielsen.
Private label expert Treehouse Foods says the premium segment of the US grocery retail market “has been our fastest growing over the last two quarters at least”, echoing a recent report from Hartman Strategy claiming that firms most attuned to the tastes...
Growth in the US private label market will continue to outpace growth in branded products as retailers recognize that unique, premium and innovative store brands can help them boost profitability, differentiate themselves and increase consumer loyalty,...
After multiple abortive attempts in 2011, ConAgra Foods has announced that it has reached a ‘definitive agreement’ to buy Ralcorp Holdings, the largest manufacturer of private label food in the US.
Sales of private label food and beverage products in the United States topped $98 billion 2011, according to a new report from market research firm Packaged Facts. Products in this category accounted for 17.6% of total retail food and beverage sales,...
Walmart will expand the use of an index enabling buyers to evaluate the sustainability of products to cover 200 product categories by the end of this year, bosses have revealed.
Private label penetration could reach 25-30% in the US retail market in ten years, according to a new report by Rabobank’s Food & Agribusiness Research and Advisory group.
Do consumers in their early 20s care as much about brands as their parents and grandparents? And if not, can retailers do more with private label ranges to attract young people?
While higher ticket prices have dented volumes of its Banquet brand, ConAgra is predicting a steady rebound in the frozen case this year as innovative new products gain traction.
The US private label market has the potential to double its sales in five to six years, the boss of a firm supplying some of the food retail sector’s biggest names with product lifecycle management (PLM) systems has predicted.
Private equity firm Wind Point Partners has agreed to acquire Ohio-based Shearer’s Foods for an undisclosed sum – and has partnered with former Sara Lee CEO C.J. Fraleigh, who will take the helm at the private label snacks company.
North American private label firm Ralcorp has announced plans to merge three of its four business units after it suffered a 9% fall in third quarter (Q3) results.
The Canadian private label sector is no longer confined to cheap, lower quality alternatives to branded products, as Canadian retailers look to appeal to those seeking affordable luxury, according to a new analysis from Euromonitor International.
Suppliers that want to jump aboard the private label surge will face a fine balancing act of co-producing for the sector and branded goods, according to Rabobank.
Sales of private label foods and beverages have been on the rise for more than a decade, but consumers are beginning to lose enthusiasm, suggests a new report from market research organization The NPD Group.
Private label products giant Treehouse Foods has completed its acquisition of Atlanta-based refrigerated dressings, sauces, marinades and dips maker Naturally Fresh, Inc. in a $25m deal.
Ralcorp Holdings has completed the separation of its Post Holdings cereals business, through a tax-free spin-off to Ralcorp shareholders, the company has said.
Private label products giant Treehouse Foods blamed a sudden drop in volumes in December for derailing its turnaround and delivering a disappointing finish to its financial year.
Private label, or store brand, products continued to do well even as the economy began to recover, as retailers increasingly use private labels to differentiate themselves from the competition, according to a new report from the USDA’s Economic Research...
Private label’s share of new food product launches almost doubled last year, with retailer brands accounting for 15.9% of new SKUs (stock keeping units) in 2010 compared with just 8.5% in 2009, according to Treehouse Foods.
Food and drink M&A activity is predicted to pick up this year, but who’s selling, who’s buying, and what is top of the shopping list? Elaine Watson caught up with Pat Conroy, vice chairman and US consumer products leader at Deloitte, to find out.
More than 29 per cent of people in North America never buy private label cereal, citing taste as the main reason for not choosing such products, according to a study of 6,100 participants by research firm, Market Force Information.
Private label foods are set to double their global market share to 50 percent by 2025 but leading brands will also gain in importance, according to a new report from Rabobank.
The market for private label goods is likely to remain strong in the near future, as 44 percent of consumers consider quality to have improved in the sector in the past five years, according to market research organization Mintel.
Most consumers think that store brand products are likely to be produced by the same companies that manufacture national brands – and often find them to be just as good, according to Deloitte research.
Increased competition from private label products means that food and beverage manufacturers must focus on innovation in order to maintain market share, warns a new report.
The place of private label products in the grocery store has been cemented by the economic downturn as many categories have continued to grow, according to a new report from market research organization IRI.
The private label sector reached all-time highs in terms of sales volumes, revenue and market share last year, according to new figures from the Private Label Manufacturers Association (PLMA).
Behaviors that have been associated with recession, such as eating out less often and choosing private label foods over branded products, may extend beyond times of economic uncertainty, suggests new research.
Growth in private label is approaching 20 percent of dollar value in the US, according to market research organization the Nielsen Company – and it is being driven by the most affluent households.
Four in ten US shoppers have ditched a branded product in favor of a private label alternative, according to a poll of 800 shoppers conducted by GfK for the Private Label Manufacturers Association.
Private label, or store brand, products accounted for 21.8 percent of unit volume sales in 2009 but only ten percent of items in stores, according to Nielsen figures – but they are doing even better in Europe.
Branded foods could be about to make a comeback as private label growth shrunk to 3.2 percent in the four weeks to February 20, and brands saw a 2.4 percent rise, according to a Credit Suisse report.
