Premium foods pick up as marketers adjust to changing demand

Food Navigator, Lorraine Heller, 09-Sep-2010

Growth of gourmet and premium foods may have slowed from previous double-digits, but consumers are unwilling to give up some luxuries and marketers have found ways to respond to the changing demand, according to a new report.

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Private Label Food and Beverages in the U.S.

At one time, private-label products accounted for a small share of the overall food and beverage market. But today, many retailers are claiming penetration rates of 25% or more of total sales.

Private Label Food & Beverage in The U.S. analyzes the U.S. market for foods and beverages sold under the proprietary labels of retailers, referred to in the trade as private-label or store-brand products.

The primary focus is on the mass-market products sold through supermarkets, big box, warehouse clubs, and mass merchandisers, but the report also examines trends affecting other food and beverage retailers, including convenience stores, drugstores, health and natural food stores. Included are estimates of total dollar sales, unit sales and average prices per unit for the 2005-2009 period along with forecasts for growth through 2014.

Competitor profiles include:

• Aldi
• Costco
• Delhaize
• Kroger
• Safeway
• Target
• Trader Joe's
• Wal-Mart
• Whole Foods

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