Why Private Labeling for Beverages is Trending Globally

During the forecast period (2019-2026), the private label food and beverage market all set to witness a CAGR of 7.45%. This, in turn, will help to increase the demand for RTE (Ready-To-Eat) foods, and the rising popularity of healthy snacks will drive the growth of this market. Rapid urbanization and increasing disposable income are amongst the most important factors that are advantageous for influencing the average annual growth rate of the private label food and beverage industry. Private label food and beverage is a comprehensive report covering market parameters about the industry itself. The report details the leading market competitors along with their SWOT analysis. In addition, the report includes market evolution, market shares, and level of investments with other companies. Now, before we get to the part of why private labeling is on surge these days, let’s first discuss what actually is private labeling? Well, it’s a common form of merchandising that...