The own branded products market is a 300 billion market
Almost every fourth forints that the costumers spent, went on the purchasing of own branded products last year. This is approx. 300 billion HUF – sets Nielsen market research company, on the basis of the retail turnover of 90 food categories.
The increase of own branded products is mainly due to the spread of discounts. The commercial brand products’ share ratio has increased from 21 percent to 23 percent in a year. "The general quality of commercial brands is as good as the quality of leading brands" – said the 59 percent of the respondents, who took part in the research. Almost a similar proportion agree that the look of commercial brands at least as good as the brands of the manufacturers.
Related news
Related news
Winners of the Symbol of Sustainability 2025 Announced
For the sixth time, Trade Magazin has launched the Symbol…
Read more >The trade association and the competition authority interpret the results of the competition office’s investigations differently
According to the National Trade Association (OKSZ), investigations by the…
Read more >Insect-based foods: why aren’t they replacing traditional meats?
Although in recent years insect farming has been promoted as…
Read more >