North America Private Label Packaged Food Market Size & Outlook
North America private label packaged food market, 2018-2030 (US$M)
North America private label packaged food market highlights
- The North America private label packaged food market generated a revenue of USD 97,881.5 million in 2023.
- The market is expected to grow at a CAGR of 5.2% from 2024 to 2030.
- In terms of segment, baked goods was the largest revenue generating product in 2023.
- Baked Goods is the most lucrative product segment registering the fastest growth during the forecast period.
North America data book summary
| Market revenue in 2023 | USD 97,881.5 million |
| Market revenue in 2030 | USD 139,672.2 million |
| Growth rate | 5.2% (CAGR from 2023 to 2030) |
| Largest segment | Baked goods |
| Fastest growing segment | Baked Goods |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Baked Goods |
| Key market players worldwide | Four Sigmatic |
Other key industry trends
- In terms of revenue, North America region accounted for 24.9% of the global private label packaged food market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 189,139.5 million by 2030.
Baked goods was the largest segment with a revenue share of 100% in 2024. Horizon Databook has segmented the North America private label packaged food market based on baked goods covering the revenue growth of each sub-segment from 2018 to 2030.
North America has a vast population facing increased obesity levels and lifestyle-related diseases owing to their fiber habits, high disposable income, and availability of several processed & ready-to-eat foods, which are not necessarily good for consumer health.
The ‘transitioning face’ of food has evolved into functional foods & supplements, which can provide numerous health benefits beyond basic nutrition. Fibers & specialty carbohydrates emerged as a significant ingredient segment in the North American fiber supplements market owing to rising awareness about their benefits in overall health & bodily maintenance.
Fibers tend to promote easy bowel movement while providing critical cleansing of internal organs and minerals promote high retention and passage of nutrients into cells and promote blood flow and circulation among other functions.
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Private Label Packaged Food Market Scope
Private Label Packaged Food Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America private label packaged food market size, by country, 2018-2030 (US$M)
North America Private Label Packaged Food Market Outlook Share, 2024 & 2030 (US$M)
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