Premium stands out in own brand ice cream & desserts
Insight by Gama Compass™
MANCHESTER – 11th June 2015: The key characteristics of new ice cream & dessert products are the subject of Gama’s latest analysis of recent launches from Gama Compass™, examining in particular how private label launches compare to the market as a whole in terms of category breakdown, price and brand positioning.
Encompassing launches reported over approximately the last 12 month period, Gama’s research shows that dairy-based ice cream comprised the greatest proportion of launches in the ice-cream & desserts market, among both own brands (48% of launches) and across the market as a whole (51% of launches). In general, water-based ice cream accounted for significantly less NPD (8% across the board), although this was slightly higher for private label brands (13% of launches).
A particularly interesting finding of Gama’s analysis was the prominence of premium branding in private label ice cream & desserts, compared to private label launches as a whole. While mid-range products still formed the large majority of own brand ice cream & dessert launches (81%), premium brands represented 18% of private label ice cream & dessert NPD compared to less than 10% across private label products as a whole.
Meanwhile, average price points were the subject of some variation between private label brands and ice cream and desserts as a whole. Comparable in the water-based ice cream category, average prices were signficantly lower in private label launches in the dairy-based ice cream category. The reverse proved true for desserts, however, with private label prices averaging 6% more than in across the board dessert launches.
Source: Gama Compass™
Notes to editors
Gama Compass™ is the world’s most detailed source of new product information.
– Explore new and innovative products from across the globe
– Unlock insight and discover the trends shaping your market
Cesar Pereira, founder & CEO of Gama, is available for comment. To arrange an interview please contact +44 161 818 8700 or firstname.lastname@example.org.
Gama is a global provider of business information and services specializing in product innovation. Through our worldwide network of over 100 in-country experts, we offer high-quality news, research, analysis and partnering services, delivering compelling insights and supporting you to unlock new business opportunities.
– ENDS –