PLMA’s 2023 Private Label Trade Show was a success: a record 1,685 exhibitors showcased the hottest new products, flavors, packaging, ingredients, and services.
More than 13,000 exhibitors, retailers, and other visitors experienced the excitement of the largest event for store brands in North America. The conference was held Nov. 12–14 in Chicago.
The sold-out show floor had 2,740 booths featuring the latest innovations in food, beverages, refrigerated and frozen foods, and much more.
“PLMA’s 2023 ‘THE STORE BRANDS PHENOMENON’ Private Label Trade Show provided unparalleled access to a wide assortment of products across all categories. We are enjoying a growth spurt with nearly 600 new exhibitors added to the show this year. And, within our non-food South Hall, a section was dedicated to Beauty & Cosmetics (including color, fragrances, skincare, and men’s grooming), as well as Kitchenware and Housewares,” said PLMA President Peggy Davies. “The event started with Opening Seminars on Sunday, and it was a networking palooza.”
Among the snack trends spotted on the show floor:
- Plant-Based Power - To elevate the plant-based dining experience, manufacturers are offering new options in ethnic meals as well as convenient handheld snacks: beefless Korean bulgogi, porkless carnitas, plant-based butter “chik’n” and alternative chicken fries, and fish sticks mozzarella bites.
- Spicy Snacks - The global shift to spicy food options has found its way into the snack aisle, which is heating up with new flavor combinations featuring jalapeno, chili, habanero, and other spicy peppers: Jalapeno cheddar trail mix; habanero pork rinds; spicy jalapeno sweet potato chips; habanero nacho sweet potato chips; and pineapple habanero honey roast sesame sticks.
- Tropical Tastes - The popularity of plant-based diets coupled with increasing awareness about health benefits of coconut are driving growth of coconut-based baking food, snacks and beverages: Coconut water, coconut chips, coconut sugar, coconut pet treats, coconut flour, and ube-filled coconut rolls.
Innovations like these have contributed to the impressive performance of store brands. PLMA projects total U.S. store brand dollar sales for 2023 will reach $233 billion, an increase of about $4 billion over 2022, based on Circana data.
The power of private brands is reflected in significant increases in exhibitor participation at the Annual Private Label Trade Show. Nearly 600 exhibitors were new to show this year.
The 2023 show was 20% larger than last year, resulting in an additional 435 exhibit booths. Non-food exhibitors alone have increased by 45%.
There was a strong global presence: more than 45% of the exhibit floor was filled with food and nonfood suppliers from outside the U.S. About 760 specialty food and nonfood exhibitors from 60 countries are represented at the show, including 40 country pavilions, such as Australia, Belgium, Brazil, Canada, Chile, China, Colombia, Denmark, Estonia, France, Georgia, Greece, Guatemala, Italy, Japan, Jordan, Lithuania, Peru, Republic of Serbia, South Africa, South Korea, Spain, Thailand, Turkey, Ukraine, and the United Kingdom, among others.
