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Lots of co-pack opportunities remain in private-label, analyst says

If you’re a contract packager operating under the right circumstances in your plants and are looking to develop new business, consider packaging private-label products.

They’re an underdeveloped opportunity for contract packaging, Ron McPhee, a partner at Retail Marketing Partners, told the Contract Packaging Association’s annual meeting via a videoconference.

Just how big is the opportunity in private label? Following are several figures that McPhee cited:

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