25 Consumer Packaged Goods Industry Statistics And Trends

25 Consumer Packaged Goods Industry Statistics And Trends Global consumer goods industry growth was 5 percent at the turn of the century. in recent years, it has dropped to almost zero. looking forward, our forecasting indicates that consumer goods growth will rebound to an inflation adjusted 3–5 percent, which is half of what it was in era 1. cpgs now need to work much harder to generate growth. Some of the most influential consumers of tomorrow are currently underserved. 1. young people in emerging markets. by 2030, 75 percent of consumers in emerging markets will be between the ages of 15 and 34. our data indicates these consumers may be optimistic about the economy and willing to spend.

Infographic Finance Trends For Retail And Consumer Packaged Goods Mckinsey on consumer and retail podcast: insights from experts on business and management. mckinsey experts discuss the latest trends and the most pressing challenges for leaders in the retail and consumer goods industries. hear about the immediate and longer term moves that matter most for business success. The consumer packaged goods industry is one of the largest industries operating in north america today. about 45% of the sales revenues which occur are within the grocery segment of the market. (pricewaterhousecoopers) 2. the smallest manufacturers in the consumer packaged goods industry have seen a 6.2% increase since 2009, which is three. This holistic and sophisticated approach to personal wellness signifies a significant evolution. in 2024, this comprehensive and better for you trend will be a pervasive and transformative force, shaping how we perceive and prioritize our health journey. the better for you, or bfy, segment within the consumer packaged goods, or cpg, industry. Here are the 2024 trends that will shape the consumer goods industry: trend #1: increased focus on analyzing consumer sentiment and behavior. trend #2: consistency and personalization across digital and in store shopping. trend #3: focus on the retail media network space. trend #4: investment in digital transformation.

Consumer Packaged Goods Cpg Market Size Share Trends Forecast This holistic and sophisticated approach to personal wellness signifies a significant evolution. in 2024, this comprehensive and better for you trend will be a pervasive and transformative force, shaping how we perceive and prioritize our health journey. the better for you, or bfy, segment within the consumer packaged goods, or cpg, industry. Here are the 2024 trends that will shape the consumer goods industry: trend #1: increased focus on analyzing consumer sentiment and behavior. trend #2: consistency and personalization across digital and in store shopping. trend #3: focus on the retail media network space. trend #4: investment in digital transformation. The global cpg industry is predicted to add $3.18 trillion in value in 2024. in the united states, that amounts to $821 billion of value added. the industry value is projected to reach $18.94 trillion by 2031, a cagr of 5.1% from 2022 to 2031. top segments in the cpg space include food and beverage, cosmetics and personal care, household. The future readiness indicator consumer packaged goods 2023. weathering the storm: two charts depict the top future ready cpg brands in 2023. inflation, recession, wavering consumer confidence—all these factors hit hard on spending. people switch to cheaper brands and buy less when times get hard. but like all crises, some companies get hit.