Nielsen: the market of own-branded products has gained a new impetus
The Hungarian consumers purchase commercial brands from pet foods and kitchen towels.
The market of commercial brands has gained a new impetus in term of the sales of global retail markets. In Hungary, the market share of self-branded food products increased by about 1 percentage point in 2017 reaching nearly 29 percent of the more than 1,700 billion total turnover of the market. In the chemical commodity market, manufacturers’ brands are still strong, almost one-fifth of the 400 billion in sales were by commercial brands in 2017. (Nielsen)
Related news
97% Of Portuguese Prefer Physical Stores, 22% Shop Online, Study Finds
Despite 22% of Portuguese consumers now shopping online, physical stores…
Read more >Croatian Entrepreneurs’ Association calls for uniform reduction of VAT on food
Due to excessive price increases, the Croatian Entrepreneurs’ Association (UGP)…
Read more >The Costa Art & Craft competition is starting!
A good coffee can do wonders – it refreshes, inspires…
Read more >Related news
KSH: in January, consumer prices exceeded the values of the same month of the previous year by 5.5 percent on average
Compared to January 2024, food prices increased by 6.0 percent,…
Read more >Márton Nagy: high food inflation is unacceptable, the government is ready to take action with all means to protect families
According to Márton Nagy, high food inflation is unacceptable, and…
Read more >NGM spokesperson: prices were already corrected in the last days of January
According to the Central Statistical Office (KSH), in January 2025,…
Read more >