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In recent years, the private label beverage market has experienced significant growth, reflecting dynamic changes in consumer preferences and industry innovations. Let’s delve deeper into these driving forces to fully understand what contributes to this upward trend. Introduction With the advancement of production technology and the expanding array of consumer needs, the beverage industry has experienced a remarkable transformation in both consumer preferences and market dynamics. One of the most notable trends has been the rapid growth of the private label beverage market segment. By providing great benefits such as brand loyalty, quality, and pricing, this segment has increasing popularity and impact on traditional brands and overall market structure. Global beverage market The global beverage market is a vast and diverse industry, covering a wide range of products designed to meet various consumer needs and preferences. According to statistics from Mordor Intelligence, the beverage market is valued at USD 3.56...