Private label has crossed the 40% value share threshold in EU6 for the first time. Circana confirmed in April 2026 that PL reached 48% unit share across EU6 — a record. This tracker gives strategy directors, FMCG suppliers, and investors the definitive 2026 baseline: private label share by retailer, penetration by category, the momentum signals reshaping the channel, and three strategic reframes that should change how you model FMCG growth assumptions.

Table 01 — European Retailer Private Label Share by Banner (2026 Estimates)
Retailer Country / Region Est. PL Share PL Revenue 2026 Momentum Signal
Aldi Nord DE, NL, BE, PL ~90% ~€20B Aldi Original rebrand (Sep 2025): 90 brands → 26 lines; +90 stores EU-wide 2026
Aldi Süd DE, UK, ES, IT, AU ~90% ~€50B Two-thirds of UK households buy from Aldi; PL drives 7.1% store traffic gain H1 2025
Lidl (Schwarz Group) DE, UK, ES, IT, PL, EU-wide ~80% ~€100B +150 new premium PL products H1 2025; Schwarz Group revenue €175B, Lidl GB €132.1B
Migros CH CH (Switzerland) ~95% ~CHF 15B Highest PL share in Europe; restructuring 2025–2026, sold Tegut/Micasa/SportX/Do it+Garden
Mercadona ES (core market) ~75–80% ~€20B Dominant Spain 27.3% market share; Hacendado brand deepening in every category
Coop CH CH (Switzerland) ~55% ~CHF 10B Overtakes Migros: 43% Swiss food market share (vs Migros 37.4%); organic PL differentiation
Tesco UK, IE, HU, CZ ~50%+ ~£13B UK PL Tesco Finest: premium bakery, chilled, ready meals expansion 2025–2026
Sainsbury's UK ~47% ~£7B group PL Taste the Difference: +12 new SKUs across ambient and chilled Q1 2026
Edeka DE ~45% ~€25B Expanding Premium organic tiers; Edeka Zentrale + local cooperatives structure
Rewe / Penny DE, AT, PL ~40% ~€15B Penny (Rewe Group): PL-led format in DE/PL; Rewe brand expansion in AT
Ahold Delhaize BE, NL, US ~35–40% ~€12B Albert Heijn (NL): organic PL expansion; Stop & Shop (US): private label refresh
Carrefour FR, ES, IT, EU-wide ~33% (→35%+ target) ~€15B Carrefour Sélection: +5% value growth 2025; CEO Alexandre Bompard: PL is structural growth engine
Conad IT 34.1% €6.5B (+5.7% YoY) €2.17B investment plan 2025–2027; European Private Label Awards 2026: 3 category wins
Jumbo NL ~35% ~€3B Premium own-label food expansion; Jumbo Foodservice PL gaining share from Bidfood
Colruyt BE ~50% ~€2.5B Sparing format with Bio-Planet (organic PL) and Cora hyper; PL majority of volume
Tosano IT (Emilia-Romagna) ~30–35% ~€400M Fastest-growing regional Italian discounter; aggressive own-brand fresh strategy

SOURCES: NIELSENIQ (2024, 2025), CIRCANA EU6 TRACKER (L52W AUG 2025), PLMA INTERNATIONAL COUNCIL (MAR 2025), ESM MAGAZINE, COMPANY ANNUAL REPORTS, HORTIDAILY · ALL FIGURES ESTIMATED; CONFIRM WITH OFFICIAL COMPANY DISCLOSURES BEFORE INVESTMENT DECISIONS

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Table 02 — PL Penetration by Category in EU6 (2025–2026)
Category PL Share (Value) YoY Change Fastest PL Growth Signal Branded Risk
Bakery (fresh, in-store) ~55–65% +1–2pp Aldi/Lidl in-store bakery investment: local sourcing commitments 2025–2026 Low
Ambient Grocery ~50–55% Stable PLMA 2026 show: ambient shelf space growing; discount PL expanding into snacks, pasta, cooking oils High — mature
Dairy ~48–55% +2–3pp Aldi/Lidl premium dairy (organic, A2 protein, lactose-free); own-brand butter outsells branded in UK, DE, NL High — structurally entrenched
Fresh Produce ~35–45% +1–2pp Italy fresh PL: +0.7pp share gain H1 2025 (Circana); Mercadona Hacendado fresh; Aldi bakery expansion Medium — quality gap closing fast
Frozen ~38–45% +2–3pp Lidl: premium frozen fish and plant-based SKUs; Aldi Specially Selected frozen range; Conad frozen expansion High — quality matches mainstream branded
Ready Meals / Chilled Prepared ~30–40% +2–3pp M&S: The counter is the product; Tesco Finest ready meals; Aldi/Lidl chilled prepared in UK Medium — quality gap closed significantly
Health & Beauty (HBC) ~22–30% +3–4pp Action (non-food HBC): fastest-growing European discounter by store count; Aldi Choceur chocolate +83% volume 2024 Medium — historically brand-protective

SOURCES: CIRCANA EU6 FMCG TRACKER (H1 2025), MARCA BY BOLOGNAFIERE & ADM (JAN 2026), NUMERATOR TRACKER (2024), GROCERY TRADE NEWS, HORTIDAILY, PLMA 2026 SHOW COVERAGE

EUROPEAN RETAILER PRIVATE LABEL SHARE — 2026 LANDSCAPE
══════════════════════════════════════════════════════════════════

  DISCARDER ZONE (75–95% PL)            PREMIUM-PL ZONE (45–60% PL)
  ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━   ━━━━━━━━━━━━━━━━━━━━━━━━━━
  Aldi Nord/Süd  ╔══════════════╗     Edeka        ╔══════════════╗
  90% PL        ║▓▓▓▓▓▓▓▓▓▓▓▓▓▓║     ~45% PL     ║▓▓▓▓▓▓▓▓▓▓▓▓▓║
                ║▓▓▓▓▓▓▓▓▓▓▓▓▓▓║                ║▓▓▓▓▓▓▓▓▓▓▓▓▓║
  Migros CH     ║▓▓▓▓▓▓▓▓▓▓▓▓▓▓║     Coop CH      ║▓▓▓▓▓▓▓▓▓▓▓▓▓║
  ~95% PL      ║▓▓▓▓▓▓▓▓▓▓▓▓▓▓║     ~55% PL     ║▓▓▓▓▓▓▓▓▓▓▓▓▓║
                ║▓▓▓▓▓▓▓▓▓▓▓▓▓▓║                ║▓▓▓▓▓▓▓▓▓▓▓▓▓║
  Lidl          ║▓▓▓▓▓▓▓▓▓▓▓▓▓▓║     Tesco       ║▓▓▓▓▓▓▓▓▓▓▓▓▓║
  ~80% PL      ║▓▓▓▓▓▓▓▓▓▓▓▓▓▓║     ~50%+ PL   ║▓▓▓▓▓▓▓▓▓▓▓▓▓║
                ╚══════════════╝                ║▓▓▓▓▓▓▓▓▓▓▓▓▓║
                                                ╚══════════════╝
  CONVERTER ZONE (30–45% PL)          TRADITIONAL ZONE (25–35% PL)
  ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━   ━━━━━━━━━━━━━━━━━━━━━━━━━━
  Mercadona     ╔══════════════╗     Conad        ║▓▓▓▓▓▓▓▓▓▓▓▓▓║
  ~75–80% PL  ║▓▓▓▓▓▓▓▓▓▓▓▓▓▓║     34.1% PL    ║▓▓▓▓▓▓▓▓▓▓▓▓▓║
                ║▓▓▓▓▓▓▓▓▓▓▓▓▓▓║                ║▓▓▓▓▓▓▓▓▓▓▓▓▓║
  Rewe/Penny   ║▓▓▓▓▓▓▓▓▓▓▓▓▓▓║     Carrefour    ║▓▓▓▓▓▓▓▓▓▓▓▓▓║
  ~40% PL     ║▓▓▓▓▓▓▓▓▓▓▓▓▓▓║     ~33% PL     ║▓▓▓▓▓▓▓▓▓▓▓▓▓║
                ║▓▓▓▓▓▓▓▓▓▓▓▓▓▓║                ║▓▓▓▓▓▓▓▓▓▓▓▓▓║
  Sainsbury's  ║▓▓▓▓▓▓▓▓▓▓▓▓▓▓║     Jumbo        ║▓▓▓▓▓▓▓▓▓▓▓▓▓║
  ~47% PL     ║▓▓▓▓▓▓▓▓▓▓▓▓▓▓║     ~35% PL     ║▓▓▓▓▓▓▓▓▓▓▓▓▓║
                ║▓▓▓▓▓▓▓▓▓▓▓▓▓▓║                ║▓▓▓▓▓▓▓▓▓▓▓▓▓║
  Ahold Delh.  ║▓▓▓▓▓▓▓▓▓▓▓▓▓▓║     Tosano       ║▓▓▓▓▓▓▓▓▓▓▓▓▓║
  ~35–40% PL  ║▓▓▓▓▓▓▓▓▓▓▓▓▓▓║     ~30–35% est.║▓▓▓▓▓▓▓▓▓▓▓▓▓║
                ║▓▓▓▓▓▓▓▓▓▓▓▓▓▓║                ╚══════════════╝
                ╚══════════════╝

EU6 SUMMARY: €291B PL value | 40% value share | 48% unit share
TOP MARKETS: NL 55% | Spain 51% | DE 42% | UK 37% | FR 36% | IT 30%

SOURCE: CIRCANA EU6 TRACKER (L52W AUG 2025) · PLMA INTERNATIONAL COUNCIL (MAR 2025) · MARCA BY BOLOGNAFIERE & ADM (JAN 2026) · COMPANY DISCLOSURES · AISLEINTEL ANALYSIS · MAY 2026

Tesco Finest — Premium Tier Goes Mass

Tesco's Finest range is the most significant premium PL expansion in the UK market in 2026. The programme spans bakery, chilled prepared, and frozen — three of the highest-margin, highest-brand-switching categories. Tesco targets 30% UK market share by 2027, with private label innovation (Finest + its Farm Brands) central to that strategy. The signal for FMCG brands: Tesco is using premium PL as the primary vehicle for winning back the affluent core shopper who defected to Lidl on price but still buys Finest-tier when quality is equivalent.

Sainsbury's Taste the Difference — 12+ New SKUs Q1 2026

Sainsbury's Taste the Difference range has added 12+ new SKUs across ambient grocery, chilled, and household in Q1 2026 — a significant acceleration versus the prior year's pace. Sainsbury's is narrowing the gap with Tesco on market share (now ~16.1% vs Tesco ~27.4%) and is using premium PL as the primary differentiator in the mid-market.

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Lidl — 150 New Premium PL Products, Continuing into 2026

Lidl's premium-tier PL expansion is the most operationally significant of any discounter. Schwarz Group has repositioned Lidl's own-brand range from "cheap equivalent" to "hero product category." Lidl's UK expansion (+50+ stores in 2026, £600M capex) is accompanied by a ranging decision that positions Lidl's core food range against Tesco and Sainsbury's on quality, not just price.

Carrefour Sélection — +5% Value Growth, Targeting 35%+ PL Share

Carrefour's Sélection tier has delivered +5% value growth in 2025. Alexandre Bompard (CEO) has been public about private label as a structural growth engine, not a defensive measure. The 2024–2026 strategy commits to lifting PL share from ~33% to 35%+ across the European footprint. For brand managers with listings across the Carrefour estate, this is not a slow trend — it is an explicit commercial commitment to grow PL at branded's expense.

The Structural Conclusion for FMCG Brands

The commercial question in 2026 is not "how do we maintain share?" — it is "which of our SKUs can we defend on product grounds that private label cannot replicate?" If the answer is "none," the ranging conversation is already lost. The FMCG giants that are surviving this dynamic — Unilever with its Power Brands strategy, Nestlé with Fuel for Growth — have answered that question and allocated capital accordingly. Everyone else is negotiating from a weaker position than they think.

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Strategic Reframe — Why FMCG Giants Are Losing 100–200bps/Year to Private Label
The Math of Share Loss
EU6 FMCG market: ~€730B (2025)
PL growing at +3.8% per year by value; branded FMCG at ~0.8–1.2%
Gap = ~250–300bps annual share transfer from branded to private label
At this rate, branded FMCG's share of EU6 grocery falls below 55% by 2030
Circana data shows PL grew 3.8% in value in 2025 against FMCG branded price deflation — the first time in a decade that PL growth outperformed branded price increases in absolute value terms. Retailers with PL pricing architecture can keep PL prices flat while maintaining margin because their unit cost on own-brand product is not subject to branded manufacturer price increase cycles.
Unilever's Response: Power Brands + Exit Non-Core
Ice cream demerger (Dec 2025): The Magnum Ice Cream Company — €7.93B listed entity. CEO: "Ice cream is an outlier in our portfolio." Food asset separation (2026): exploring full separation of food assets — potential tens-of-billions deal. Power Brands: 30 brands drive 78% of total turnover. BMI stepped up 300bps to 16.1% of turnover — highest in over a decade. Premium positioning: beauty, advanced skincare, higher-value home care — where product technology creates defensible pricing.
Nestlé's "Fuel for Growth" Programme
Brand portfolio compression: 400+ → ~150 brands by 2026. Water division sale process (deconsolidation from 2027). Ice cream to Froneri (50:50 JV with PAI Partners). Focus: Nutrition, health science, coffee (Nespresso + Nescafé), pet care (Purina). The signal: Nestlé is exiting categories where PL can match quality at 30–50% lower price, and investing in the 20% where product technology creates a genuine moat.
PepsiCo: Shrinkflation as a Holding Pattern
Q4 2024 sales drop: first in 14 quarters — attributed directly to PL substitution. Response: shrinkflation on core snacks + premium variant investment. The PepsiCo case is the cautionary tale: they responded to PL pressure with package-size reduction rather than product innovation. The result is margin maintenance today at the cost of brand equity tomorrow.
Strategic Reframe — 3 Ideas for Q3 2026
01. The 50% unit share milestone changes the negotiation dynamic

Circana confirmed in April 2026 that PL reached 50% unit share across EU6 for the first time. Any FMCG supplier whose product is on shelf in DE, FR, UK, ES, IT, or NL is now in a category where the buyer (retailer) has structural leverage they did not have three years ago. Price parity vs equivalent PL quality is the floor, not a concession.

02. Italy is the highest-growth PL market in Western Europe — and most FMCG strategies underweight it

Italy registered +4.7% PL value growth in H1 2025 — strongest of any EU6 market. Fresh food PL gained +0.7pp; functional products surged +21.7% by value. Italy is the third-largest European grocery market. If your European PL strategy does not have an Italy-specific workstream, you are leaving share on the table. Mercadona, Lidl Italia, Selex, Conad, and Aldi Italia are the primary vehicles.

03. The FMCG divestiture cycle creates supplier consolidation opportunities

Unilever's ice cream demerger, Nestlé's brand portfolio compression (400→150), and the broader FMCG exit from "non-core" categories create supply chain disruption — but also opportunity. Private label manufacturers and co-packers positioned to absorb displaced branded production capacity can grow volume without winning new business from scratch. Watch the FMCG M&A pipeline for brand divestiture signals that precede supply chain restructuring by 12–18 months.