Cibus Nexum’s Post

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Private label sales go thru the roof 🚀 3 tips for Food business to increase private label turnover! The turnover of private label brands grew by 13% in 2023 - more than double the rate of manufacturers brand sales. Do you want to increase your private label sales? Here are 3 essential tips: > Outsource your production to a contract manufacturer: safes costs and valuable time. > Keep up to date with consumer lifestyle changes: A McKinsey report shows that are the most successful. > Focus on categories with volume and visibility, like snacks, dairy, and beverages. Remember, brand loyalty in certain segments can make market share capture challenging. Good luck and remember we, as Cibus Nexum, are here to help whenever you find yourself stuck in the process of growing your private label brand. #foodindustry #contractmanufacturing #plantbased

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