Cpg Industry Trends 2023 Proving Value In An 57 Off Globally, retail sales value for the consumer products industry—spanning food, beverages, and household and personal care products—is estimated to have risen 7.5% year over year to $7.5 trillion in 2024, down from 9.3% growth in 2023 and 9.8% growth in 2022 (see figure 1). For years, industry outperformance shielded cpg companies from the need to follow suit, but the industry’s recent underperformance has created a new imperative for action. to rekindle growth and boost margins, most cpg companies should get serious about moving into services or ecosystems that provide new platforms for growth.
Cpg Industry Trends And Opportunities Explore the transformation in the cpg industry with insights from 2024 and key trends for 2025. discover how health, sustainability, ai, and digital transformation are driving change in consumer preferences and business strategies. In the coming years, the transformative trends in the cpg industry will be driven by data and technology, services that focus on customer centricity and smart supply chains. in this article, we outline the ten trends that will most affect the consumer goods sector in 2025 and beyond. 1. omnichannel sales and customer engagement. As we step into the new year, we take a look at some trends that we predict will drive the cpg industry forward in 2025. we dive deep into topics like consumer preferences with staying power, rising functional ingredients, packaging pivots, disruption through textures, and how shoppers are searching for products differently in the age of ai. 5 critical opportunities for cpg success in 2025. each trend discussed creates corresponding opportunities for cpg brands. to capitalize on them, cpg leaders need to firmly embrace data transparency, along with innovative ways to manage and deliver value from their data across the entire business value chain. 1. accelerate digital transformation.
Cpg Industry Trends And Opportunities As we step into the new year, we take a look at some trends that we predict will drive the cpg industry forward in 2025. we dive deep into topics like consumer preferences with staying power, rising functional ingredients, packaging pivots, disruption through textures, and how shoppers are searching for products differently in the age of ai. 5 critical opportunities for cpg success in 2025. each trend discussed creates corresponding opportunities for cpg brands. to capitalize on them, cpg leaders need to firmly embrace data transparency, along with innovative ways to manage and deliver value from their data across the entire business value chain. 1. accelerate digital transformation. With evolving consumer preferences, technological advancements, and heightened competition, the cpg landscape is more dynamic than ever. today i’ll be exploring the key trends, challenges, and opportunities defining the cpg industry in 2024. in 2024, the global cpg industry continues to thrive, with an estimated market value of over $2 trillion. Consumer packaged goods (often shortened to “cpg”) are products that consumers use frequently and eventually need to replenish or replace. common cpg product categories include food, drinks, cleaning supplies, and makeup. the global cpg industry is predicted to add $3.18 trillion in value in 2024. The consumer packaged goods industry is changing fast. new cpg competitors are emerging every day. and many incumbents are struggling to adapt to changing marketplaces, consumer behavior, and pricing strategies. that said, new technologies and consumption habits are also creating new opportunities — for both stalwarts and startups. Latest trends in the cpg industry in 2025. the cpg industry is always changing as companies work to keep up with changing consumer needs, new regulations, and the latest tech innovations. to stay competitive, businesses are focusing on improving efficiency, making sustainability a priority, and meeting the growing demand for digital convenience. 1.
Cpg Industry Trends And Opportunities With evolving consumer preferences, technological advancements, and heightened competition, the cpg landscape is more dynamic than ever. today i’ll be exploring the key trends, challenges, and opportunities defining the cpg industry in 2024. in 2024, the global cpg industry continues to thrive, with an estimated market value of over $2 trillion. Consumer packaged goods (often shortened to “cpg”) are products that consumers use frequently and eventually need to replenish or replace. common cpg product categories include food, drinks, cleaning supplies, and makeup. the global cpg industry is predicted to add $3.18 trillion in value in 2024. The consumer packaged goods industry is changing fast. new cpg competitors are emerging every day. and many incumbents are struggling to adapt to changing marketplaces, consumer behavior, and pricing strategies. that said, new technologies and consumption habits are also creating new opportunities — for both stalwarts and startups. Latest trends in the cpg industry in 2025. the cpg industry is always changing as companies work to keep up with changing consumer needs, new regulations, and the latest tech innovations. to stay competitive, businesses are focusing on improving efficiency, making sustainability a priority, and meeting the growing demand for digital convenience. 1.
Cpg Industry Trends And Opportunities The consumer packaged goods industry is changing fast. new cpg competitors are emerging every day. and many incumbents are struggling to adapt to changing marketplaces, consumer behavior, and pricing strategies. that said, new technologies and consumption habits are also creating new opportunities — for both stalwarts and startups. Latest trends in the cpg industry in 2025. the cpg industry is always changing as companies work to keep up with changing consumer needs, new regulations, and the latest tech innovations. to stay competitive, businesses are focusing on improving efficiency, making sustainability a priority, and meeting the growing demand for digital convenience. 1.
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