Cpg Industry Trends

Key trends in Model-Based Systems Engineering. As we alluded to earlier, many of the trends and concepts other industries are now quite well-versed in may be uncharted territory for those in the CPG industry. Pressure continues to mount in the consumer goods industry daily. This content is reserved for 4A’s members only. A deeper dive into results of the CMO Survey, sponsored by the Fuqua School of Business at Duke University, Deloitte LLP, and the American Marketing Association, uncovers spending trends across industries, what items are included in marketing budgets, and how factors such as return on social media and use of analytics affect budgets. General Landscape. Additional product categories include tobacco items, household products, makeup, and clothing. Overview of Global CPG Industry Globally, CPG industry companies act as a foundation for the contemporary consumer economy as it not only drives enormous amounts of profits into businesses like advertising and retail but also generates an immense portion of the GDP for nations across the globe. This report studies the global Consumer Packaged Goods (CPG) Logistics market size, industry status and forecast, competition landscape and growth opportunity. • Key trends that will reshape the CPG industry over the next five years • Implications of current trends for CPG companies in the future • Effectively responding to changes to retain and grow market share The Digital Future: A Game Plan for Consumer Packaged Goods is now available for download. Leading CPG brands are leveraging Infiniti's market intelligence solution to identify the latest market innovations and stay ahead of emerging CPG industry trends. MarketResearch. Extract individual sections, tables, charts or graphs from our comprehensive collection of more than 800,000 market research reports from more than 200 publishers across nearly 700 industry sectors. Driving growth continued to be a challenge for the consumer packaged goods (CPG) industry in 2015. The food and beverage industry is comprised of a wide range of products including:. Kalsec combines our resources here to keep you up-to-date on trends, consumer research, white papers, events and educational resources. Here are five key trends consumer packaged goods companies (CPGs) should expect in 2016: Omnichannel expansion. 6 trends to impact the food industry in 2019 Healthy, natural and better-for-you are terms and phrases that have dominated the food industry in recent years and forced CPG companies to evolve. CORPORATE INDUSTRY CREDIT RESEARCH December 9, 2015 1 STANDARD & POOR'S RATINGS SERVICES Industry Top Trends 2016 Consumer Products CONSOLIDATION WILL CONTINUE AS ORGANIC GROWTH SUBSIDES • Ratings Outlook. With the right exhibit design any company can stand out at the big CPG trade shows, such as The International Beauty Show in New York, SupplySide West or the MAGIC Las Vegas trade show. The key problem at these warehouses is the lack of visibility into reasons for machine breakdowns or idle time, thereby resulting in delay in delivery. The continuing evolution and convergence of TV and video and a growing proliferation of ad units and platforms mean that brands and agencies today face a greater array of advertising choices than ever before. Digital disruption in CPG: What marketers need to know. As the industry seeks to engage consumers in innovative ways, trends such as pop-up stores, connected supply chains, and direct-to-consumer brands could shape CP companies’ strategies. Drive loyalty. Invasystems is a solution provider that collects industry-leading, technology-based ideas on a single platform for better management of the value chain through visualization, maximized efficiency, and workflow enhancement. For example, consumers are more interested than ever in what goes into the food they eat, the packaging in which their food comes and even what their pets are eating. Here the six areas that I think will prove huge in 2018. Packaged foods include savory snacks, confections such as chocolate and candy, staples including cereals and oatmeal,. E-commerce which till a few years back was of peripheral significance to the CPG industry is now one of the biggest drivers of change and innovation in the sector. Nestlepurinacareers. While emerging markets receive a lot of attention, mature markets like Western Europe also face significant changes. Eventually we both started independent consulting practices. Global Agricultural Products Industry. The Return of Retail and 5 Other Direct-to-Consumer Trends to Watch in 2019 “There aren’t that many brands in the CPG [consumer packaged goods] and DNVB space that are doing things in the. While the consumer packaged food (CPG) industry is booming, it’s also rapidly changing. 10 Food Trends That Will Shape 2018. In an industry that's long been notoriously slow to evolve, business has never been more competitive or complex for grocery retailers and 11 Trends That Will Shape Grocery in 2019 Acosta shares its top industry predictions for the coming year, from rising prices to shrinking store formats. We live and breathe CPG. Our reasoning: Pre-Holiday Reports, we have heard from our Retail industry and CPG industry clients, do not provide adequate time to put insights into action—by the time shoppers have shaped their holiday purchase intentions, retailers have necessarily already completed their holiday preparations. The CPG Industry Trends of 2018 That Brands and Retailers Must Prepare For There was a time when both consumers and industry experts believed that the retail sector was safe from the impact of increasing online sales. Completed set by msilver. Changing Landscape of CPG and Emerging Trends. Importantly, the trends were reviewed by a group of senior executives, both in supply chain and in other corporate functions, representing a cross section of industry. Prevedere to Present Economic Outlook and Trends for CPG Industry at Path to Purchase Expo in Chicago SOURCE Prevedere Prevedere is a sponsor partner for the Path to Purchase Expo 2019 and will be presenting a thought leadership session regarding economic conditions and trends affecting the consumer goods industry. If you're a small or mid-sized CPG manufacturer, you don't just need reliable market data for your own product sales. Top CPG Performers Satisfy Both Nutrition & Indulgence. Anthony Riva has a 9-year background providing analysis and intelligence on all aspects of consumer behavior, retail industry insights, and CPG trends. Barriers between retailers and CPG companies are breaking down. • Key trends that will reshape the CPG industry over the next five years. From CPG search to hospitality executive search, our consumer market expertise is backed by a history of successful talent acquisition and organizational alignment. The consumer packaged goods (CPG) industry is rapidly evolving, and a new year will usher in even more changes. Similar to 2018, bold and exotic flavors, snacking, and health and wellness are still in the forefront for consumer food preferences, but in an even more elevated way. Thousands of new brands hit. Since 1996, the prestige beauty industry has relied on our insights and solutions to address the emerging trends, needs, and behaviors of the next generation of beauty consumers. 2018 was a big year for the snack industry. There is no bigger industry on our planet than food and agriculture. Consumer trends are constantly changing. This statistic has many implications for the CPG industry, but the key takeaway is that as technology and digitalization evolves, so too should brands and their marketing strategies. Consumer Trends Report: Consumer Packaged Goods Consumer packaged goods is an incredibly diverse industry, with products anywhere from groceries and alcohol to makeup and cosmetics. Rising consumer confidence will promote gains in the large residential improvement and repair market, as homeowners who postponed decking projects in the aftermath of the 2007-2009 recession undertake them going forward. PLAN reflects whether companies see digital trends impacting the business, plan strategies and budgets for digitization, act decisively on digital, and take a proactive role in the digital development of their industry. Competition in the CPG sector has always been intense, but food manufacturers now also face an increasingly fragmented retail market, as well as an evolving set of social trends that have changed the landscape of the industry. Increasing numbers of SKUs are hitting the store shelves with ever decreasing lifecycles. Despite the negative trading, the meal kit delivery industry is a hot trend that has made some in the restaurant industry nervous. 7 billion in milk receipts making up 20% of the province’s agricultural production. Consumer Packaged Goods (CPG) Logistics Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018-2025 Share This Press Release WiseGuyReports. The Fast Moving Consumer Goods (FMCG) are those consumables which are normally consumed by the consumers at a regular interval. GDP The consumer-packaged goods (CPG) industry supports one in 10 American jobs and is the largest manufacturing employer in the United States, according to a new report released by the Grocery Manufacturers Association (GMA). Oracle Marketing Cloud for Consumer Packaged Goods (CPG) Simplify Marketing and Focus on the CPG Consumer Experience The world’s most respected consumer brand companies use the Oracle Marketing Cloud to drive sales and orchestrate personalized interactions across email, mobile, social, display, and the web. In addition, be sure to download a free ebook by Packaged Facts that highlights the top 10 food industry trends in 2017 and 2018. With rumors swirling of the “death of the cookie,” we look at how this critical part of the web continues to evolve with the industry. Alternatively, the rest of the CPG industry had a decline in unit sales. Finding a niche can be done by diving deeper into data. About this Report. Forecasting volumes for trade promotions in CPG industry using market drivers Article in International Journal of Business Forecasting and Marketing Intelligence 1(2):139-152 · January 2009 with. What consumer packaged goods do offline does not always apply to what they should do online. If you are looking for the latest food and beverage insights, explore our trends, where Kalsec independent consumer research and our deep understanding of industry trends are provided. Any one of these trends would be enough to cause widespread change across the industry. com, 24% (31 requests) were made to Magazine. Rise of ecommerce. Successful marketing strategies demand the right consumer insights and channel selection as the media landscape continues shifting. 2018 has been an exciting year in the CPG industry. The CPG marketplace is disruptive because a major paradigm shift is underway. Typical in-store promotion vehicles include discounts/coupons and supporting ads in a retailer's circular. CPG industry trends in Asia. This collection of Packaged Facts report provides you with market projections and in-depth analysis of all the current food & beverage trends in the market. The consumer packaged goods industry is changing rapidly. Previously he held various sales, pre-sales & marketing roles within Esko and has an extensive background in the printing & packaging industry, having worked formerly with other leading industry suppliers and agencies. The deck highlights themes that we will see emerge within the Consumer and Retail Market this year. Even with that innovation though, flavor is still the most important criteria…. Kalsec combines our resources here to keep you up-to-date on trends, consumer research, white papers, events and educational resources. Market-Level Data and Analysis of Redemption Drivers. Here the six areas that I think will prove huge in 2018. Despite the negative trading, the meal kit delivery industry is a hot trend that has made some in the restaurant industry nervous. The widespread use of online ordering, coupled with a growing consumer dependence on technology,. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. Leading CPG brands are leveraging Infiniti’s market intelligence solution to identify the latest market innovations and stay ahead of emerging CPG industry trends. GEP is a leading global provider of strategy (consulting), software, and managed services (outsourcing) solutions to procurement and supply chain organizations. FMI Tech : Resources from FMI's Vice President of Industry Relations, Doug Baker about best practices, report analysis and more surrounding technology and innovation within the food and beverage. I these business, finance, and trade websites regularly. Find the latest consumer packaged goods (CPG) industry trends and innovate with solutions from Microsoft Industry. The report offers an exhaustive analysis on the product lifecycle management consumer packaged goods and retail (PLM CP&R) market for the forecast period 2018-2026. The ubiquity of mobile commerce and social media has fundamentally changed the way consumers interact with CPG enterprises. Shoppers demand to be recognized as individuals — with unique needs and wants — and they will vote with their wallets to reward CPGs that deliver solutions. CPG Building Products today announced that it has partnered with Gaiennie Lumber Company to distribute TimberTech products in Louisiana, Mississippi, most of Arkansas, six counties in Southwest. Stay on top of current industry issues and recent accounting and financial reporting hot topics with the launch of our first quarterly Consumer Markets Insights publication. freight shipping, the CPG industry represents a key stakeholder and “expert voice” on supply chain issues, GMA said, adding that the association will work to. industry trends Stay on top of industry trends to drive innovation Access insights on the CPG industry and the latest consumer trends to build a consumer-centric culture and be the first to market innovative products which will delight consumers. CPG Industry Trends | 2017 CPG Trends Report Back to Social Insights Center. Our industry analysis is closely tied to our economic analysis and is published in three major formats. To survive and even thrive, grocery retailers need to recognize and act on three trends that are emerging and will shape the industry for the next five to ten years. These CPG leaders know a lot about packaged goods — a lot about how to manufacture and market and sell at scale. But the economic outlook for 2015 is favorable, giving CPG marketers hope for more widespread organic growth in the new year. Use digital solutions to help with sustainability. CPG Professional Networks will continue to offer local events through its chapters, news from its Alumni Networks, and updates from industry companies and leaders globally. Upcoming CPG Events 2019 Path to Purchase Expo (P2P X) With an uncompromising commitment to the retail & consumer goods industry, the 2019 Path to Purchase Expo (P2PX) is focused on creating an experiential learning and networking forum for high-performing teams & executives to solve big problems and inspire bold ideas to success. 3 In fact, 75% of shoppers said they used search early in their process. The consumer packaged goods industry uses trade shows to build brand recognition, gain shelf space and sell more products. CPG industry trends in Asia. Three Digital Trends That Will Affect Your Customer Packaged Goods Company in 2018. Read more in press release. A well-known market intelligence company, Infiniti Research, has announced the completion of their latest article on emerging CPG industry trends in Asia. Rise of ecommerce. "But this does not mean that American consumers' craving for indulgences has diminished. Consumer Trends Report: Consumer Packaged Goods Consumer packaged goods is an incredibly diverse industry, with products anywhere from groceries and alcohol to makeup and cosmetics. Examples of consumer packaged goods are clothing, food and beverages, tobacco and household products. John Elworthy joined Esko in 2003 and is responsible for Esko’s Global Brand Owner Business. Amazon’s power pushes CPG brands to look to e-commerce alternatives Login | Subscribe. If you are looking for the latest food and beverage insights, explore our trends, where Kalsec independent consumer research and our deep understanding of industry trends are provided. Role of Analytics in Consumer Packaged Goods Industry. The trend of delivery subscriptions has found a perfect match in both specialized online food delivery and the millennial generation. However, the details, progress, and intensity will differ greatly. The Consumer Packaged Goods (CPG) industry has long served as the foundation to the modern consumer economy and is one of the largest contributors to economic growth. It is a visibility, and cost savings are realised at a much. This industry is highly competitive, which is why it is important to be efficient, stay up-to-date with nutritional trends and consumer tastes. Select from the following sections or scroll below to view available resources: Industry Analysis, Trends, Statistics, and Forecasts. Whitepapers Happy 25th Birthday, Cookies! After 25 years, the cookie is changing, but not in the way many people think. S and Canada, providing unprecedented coverage and depth. Here is Accenture's top 10 trends and predictions facing the consumer goods industry in the year ahead: 1. The Consumer Packaged Goods (CPG) industry has long served as the foundation to the modern consumer economy and is one of the largest contributors to economic growth. We've worked as a trusted extension of the marketing & sales teams of many brands including:. Even with that innovation though, flavor is still the most important criteria…. We provide innovative CPG analytics solutions such as trade promotion optimization, category management, data integration, private equity services and more. Publishing is an industry that has evolved a lot over previous years, and Publishers Weekly continues to follow the publishing industry, with news, trends, and other relevant info. Traditionally a labor-intensive activity, agriculture and agricultural products are increasingly mechanized industries. Manufacturers can’t stop innovating if they want to keep up with the latest developments. Trends in Food Delivery Subscription. Mintel has predicted the worldwide consumer packaged goods (CPG) trends set to make an impact in 2011. US demand for decking is forecast to increase 1. CPG Industry News. In this report, we seek to understand trends in this growing online ecosystem through the lens of alternative data, with a specific focus on toothpaste products. How do millennials feed their growing interest in health and wellness? They search. SIMULIA's realistic simulation applications for Consumer Packaged Goods manufactures span the entire range of a product's lifecycle. Healthy junk food is emerging as a snack food trend, but consumers are also re-discovering indulgence via a counter-trend called sweet revenge that celebrates all that is sweet according to GlobalData, a leading data and analytics company. Click the button below to learn more. Top CX Challenges in the CPG Industry Consumer packaged goods companies face many consumer experience challenges, including new direct-to-consumer engagement channels, recalls and brand crises, big data, and regulatory compliance. This is an aggregated compendium of global trends reports published by various companies and organizations. CPG industry is undergoing transformational changes to create new business models, optimized processes, innovative products and hyper personalized customer & consumer engagements at each touch point to drive growth at optimized costs. Alternatively, the rest of the CPG industry had a decline in unit sales. Year on year, we see an upward trend in the share of CPG sold online. Each industry sector and subsector is placed into the appropriate group: Goods-Producing Industries or Service-Providing Industries. Spoonshot Launches AI-Powered Insights Platform Designed to Inspire Front-End Innovation for the CPG Industry by Providing Foresight on Trends and Opportunities the consumer packaged goods. The changes roiling the consumer packaged goods (CPG) industry are significant enough that companies will have to reexamine fundamental tenets that have in the past served them well. The consumer products industry, in the simplest term, consists of organizations that manufacture products that are used by the consumer. To achieve growth, a large number of data comprised around consumer preferences, marketing campaign, sales promotions, purchasing choices, reviews, feedback, and expressed interest must be taken into account. For more analysis and information on protein trends, check out Proteins-Classic, Alternative and Exotic Sources. Stay on Top of CPG Industry Trends. Manufacturers can’t stop innovating if they want to keep up with the latest developments. Furr & Associates, Buzz Crown. The Consumer Goods industry must also undergo a comprehensive systems overhaul in order to deliver personalized, locale-specific products. With just a few clicks, consumers can explore and compare products, prices, and delivery options. These industries are also arranged in alphabetical order. By Mary Ellen Shoup 30-Oct-2019 - Last. The primary motive of this study is to impart vital details associated to development of the Consumer Packaged Goods Industry. LIVONIA, Mich. With in-depth analysis, exclusive news, and highly detailed databases at your fingertips, we give you complete 360° insight into the Consumer Industry. Cooper will be a featured speaker at “Genetically Modified Litigation: Innovative Liability Theories Being Tested Against the Food, Beverage, and Consumer Packa. GMA general members also have exclusive. To meet the challenge and continue to gain market share, CPG companies need the five key capabilities and assets outlined above. Consumer packaged goods (CPGs) are any items, often food products or beverages, which are available for purchase to meet the everyday needs of the consumer. Small consumer packaged goods (CPG) brands have easier access to retail, making it possible for them to compete toe-to-toe with industry giants. Crown has nearly three decades of foodservice and CPG marketing experience. The CPG Industry Trends of 2018 That Brands and Retailers Must Prepare For. CPG Industry Trends | 2017 CPG Trends Report Back to Social Insights Center. To understand how other global companies in the CPG industry are using these social networks and to. We've compiled CPG Digital Challenges and Trends for this year. Procurement Software for Consumer Packaged Goods Industry It is time for the Consumer Packaged Goods (CPG) industry to adopt a philosophy in which companies succeed by: Creating new revenue streams. Retailers control the data that individual vendors can view, and vendors are able to drive better business results for their products and categories. However, the study also found that while CPG manufacturers and retailers agree that store brands will continue to grow, they have different views on consumer attitudes towards store brands. Many list items directly related to our events, which are the Clean Label Conference, Protein Trends & Technologies Seminar, and Sweetener Systems Trends & Technologies Conference. I these business, finance, and trade websites regularly. CPG industry is undergoing transformational changes to create new business models, optimized processes, innovative products and hyper personalized customer & consumer engagements at each touch point to drive growth at optimized costs. 7% from 2018 to 2025. Foodservice Market Research & Business Solutions. What started as a way to speed-up the store checkout, has since become the global language of business. CPG Analytics European Survey 2014 is aimed at providing a better understanding of the current trends, and evaluating the benefits of analytics for consumer packaged goods (CPG) companies. And while some trends crumbled faster than charcoal vegan croissants, others were ramping up to explode in 2019. Some companies however are choosing to cut back on spending to save costs and meet profit plan. It looked the same, it was served the same…just a little less delicious. Brand new to this data and not sure where to start? This post will help. CUSTOMER SUCCESS STORIES. They provide the first look a CIMdata's annual market analysis and the opportunity to learn about the current state of the market. CPG advertisers in the UK. Amazon’s power pushes CPG brands to look to e-commerce alternatives Login | Subscribe. Marketers Must Balance Satisfying Consumer Demand for Savings With the Right Media Mix. While emerging markets receive a lot of attention, mature markets like Western Europe also face significant changes. Market-Level Data and Analysis of Redemption Drivers. The trends can be divided into five categories: the changing face of the consumer, evolving geopolitical dynamics, new patterns of personal consumption, technological advancements, and structural industry shifts (Exhibit 1). Introducing three forward-looking trends Mintel predicts will lead the momentum of food and drink innovation worldwide in the months and years ahead. 13, 2018: NCH Marketing Services, a subsidiary of Valassis, a leader in activating consumers through intelligent media delivery, today reports its Year-End 2017 Coupon Trends Analysis for Consumer Packaged Goods (CPG). Industry trends are examined to make predictions. GEP is a leading global provider of strategy (consulting), software, and managed services (outsourcing) solutions to procurement and supply chain organizations. Barriers between retailers and CPG companies are breaking down. (IRI) announced last year’s most successful consumer packaged goods (CPG) launches in its 2017 New Product Pacesetters report, the CPG industry-recognized benchmark analysis of exceptional first-year new product sales success. CPG industry trends in Asia. However, in the industry, tradespend is the term used to describe all the costs associated with selling to a retailer. Kick-start your thought process when faced with a new project or investigating a concept. industry trends Stay on top of industry trends to drive innovation Access insights on the CPG industry and the latest consumer trends to build a consumer-centric culture and be the first to market innovative products which will delight consumers. Discover all statistics and data on Coupon Market Trends in the United States now on statista. The Fast Moving Consumer Goods (FMCG) are those consumables which are normally consumed by the consumers at a regular interval. Acosta Sales and Marketing publishes a series of industry insights throughout the year. CUSTOMER SUCCESS STORIES. Find the latest consumer packaged goods (CPG) industry trends and innovate with solutions from Microsoft Industry. With in-depth analysis, exclusive news, and highly detailed databases at your fingertips, we give you complete 360° insight into the Consumer Industry. 7% from 2018 to 2025. The widespread use of online ordering, coupled with a growing consumer dependence on technology,. Year on year, we see an upward trend in the share of CPG sold online. Industrial IoT Insights Blog | GE Digital Skip to main content. See what's happening in the ever-changing world of big data analytics and visualization. InBev operates in the consumer packaged goods industry, in a segment called beverages. 2017 Consumer Packaged Goods Trends CPG firms that view cost cutting as the only strategic choice for profit growth may be making a mistake. E-commerce which till a few years back was of peripheral significance to the CPG industry is now one of the biggest drivers of change and innovation in the sector. The KPIs for CPG depend on the channels sold. This means that it’s harder than ever before to track customer needs and tastes. Roughly speaking, people born between the early 1980’s and mid-2000’s are the largest age demographic in the U. Old: The Changing Tides in the CPG/FMCG Industry. March 7, 2018 April 3, 2019 | Blogs, Consumer Insights, CPG Analytics, CPG Analytics Trends By Santhanakrishnan R - VP, Analytics Consulting. Latest Trends and Key Issues in the Brazilian Retail Packaging Market - This report is the result of that extensive market research covering Brazil packaging industry. For more analysis and information on protein trends, check out Proteins-Classic, Alternative and Exotic Sources. The Consumer Packaged Goods (CPG) Industry worldwide has been suffering a huge change with the advance of technology and the dramatic shift in consumer preferences. Amazon’s power pushes CPG brands to look to e-commerce alternatives Login | Subscribe. How do CPG companies set sails to benefit from the changes and the emerging trends and predictions that are surfacing in the industry right now? In this post, we list what we see as the seven most prominent mega-trends affecting CPG right now, what challenges and opportunities they bring and what you can do to leverage the synergies existing. Review BCG research on the consumer product goods industry & connect with a CPG expert. Over the next decade, a number of trends will dramatically affect warehouses and distribution centers. Rise of ecommerce. The Top CPG Industry Trends in 2018. Most of us come in contact with a CPG at least once a day, but not many of us know what the acronym stands for. CPG companies commonly miss the mark when it comes to e-commerce. Align your brand with an experienced grocery broker to beat current industry trends and match distribution tracking for better results. Credit quality will likely be modestly negative in 2016. As the leading provider of managed physical medicine for the workers’ compensation industry, MedRisk has always been dedicated to understanding and advancing industry best practices. Thus, MDM spending will intensify across a wider spectrum. The CPG industry primarily consists of goods that are packaged (as the name suggests), and had U. A new industry report outlines the industry's top 4 challenges. Their “Hot Topic Reports” are narrowly focused, while their “The Why? Behind the Buy” and “The Why? Behind the Dine” reports feature broader industry coverage. The global packaged food market is expected to grow at a moderate pace during the forecast period. Annual Meeting Learn the latest industry trends and network with industry professionals during this three-day event. Increasing numbers of SKUs are hitting the store shelves with ever decreasing lifecycles. One of the most disruptive changes experienced by CPG companies in Asia is the emergence of ecommerce. Know what customers think of your brand, and protect your brand’s reputation. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. Indian Retail Industry: Growth, Trends, Challenges, and Opportunity. Top CPG Trends to Expect in Western Europe| Experts at Infiniti Reveal the Top CPG Trends That Will Take the Industry by Storm over the Next Decade A well-known market intelligence company, Infiniti Research, has announced the completion of their latest article on Western Europe’s CPG industry trends to expect over the next decade. lower costs). Over 40 years ago, CPG retailers helped implement a single standard for product identification- the barcode. To turn any type of data into valuable insight, the CPG industry needs to address the following obstacles: Gaining the proficiency to use data; Using data to drive business decisions requires having the right people in place who have the expertise to transform these data into impactful insights proficiently. Among these are the omnipresence of digital, the rise of omnichannel, and value alignment. Use digital solutions to help with sustainability. While some of the marketing trends anticipated to dominate 2019 are not new, they will likely be used in greater numbers as strategies around digitalization and. AWS is looking for a Global Accounts Business Development leader who understands business trends impacting the CPG industry, and is passionate and capable of driving market development across the sector for AWS, leveraging the richness of the AWS cloud computing platform to position and drive the right technology solutions, cloud enable the. The changes roiling the consumer packaged goods (CPG) industry are significant enough that companies will have to reexamine fundamental tenets that have in the past served them well. The intent was to capture empirical data around the relevance and ability to execute against each of the trends for their particular company and industry. Rising consumer confidence will promote gains in the large residential improvement and repair market, as homeowners who postponed decking projects in the aftermath of the 2007-2009 recession undertake them going forward. The largest trend in recent years is the increased demand for healthy and natural products, which has snowballed into many other consumer habits. Direct-to-consumer CPG brands like Dollar Shave Club — whose online sales doubled Gillette's in just three years — are turning the traditional CPG growth model on its head. In order to stay relevant in the industry and work to beat out your product's competition, you'll need to stay on top of CPG industry trends for the future. Natural Resources and Mining. The consumer packaged goods industry is changing rapidly. INDUSTRY REPORT PRESENTS: Written by the Institute in collaboration with The 2016 P-O-P Trends Survey EXECUTIVE SUMMARY CPG merchandising executives weigh in on P-O-P spending patterns, program management, tech innovation and in-store merchandising’s future n One in four respondents report that current and predicted P-O-P. Executive Leadership Conference An annual three-day learning and networking event infused with fun. InBev operates in the consumer packaged goods industry, in a segment called beverages. Global consumer packaged goods (CPG) firms face a world in which their accumulated brand value is threatened by the relative decline of the. BrandBASE is the #1 database focused EXCLUSIVELY on the Consumer Packaged Goods (CPG) industry in the U. Consumers are increasingly seeking food and drink innovations that are sustainable throughout the product lifestyle, offer healthy ageing solutions at any life stage, and deliver upgraded convenience. Prevedere to Present Economic Outlook and Trends for CPG Industry at Path to Purchase Expo in Chicago. 10 Food Trends That Will Shape 2018. Mintel Trends Request more information. Finally, Section 3 provides key financial performance benchmarking results for the overall food, beverage, and consumer products industry as well as various size- and product-based segmentations. 7% from 2018 to 2025. , to participate in the Read More Trade Alert: U. So, time to move on! What is going to reshape pharmaceutical marketing and be on the radar in the upcoming year of 2019? As 2018 has almost gone by, new tech trends and breakthroughs lie further to embrace. CPG sales amounted to about 635. Innovation; Innovation has always been a way to achieve more growth in sales for brands. The facts described above are shaping the trends that currently dominate the CPG landscape. Although the. Our R&D programmes delve into all imaginable aspects of beauty and well-being, from investigating consumer behaviour and beauty aspirations, the biology of skin, hair, teeth and oral cavity, to new innovative technologies and bettering sustainable development methods. CPG companies commonly miss the mark when it comes to e-commerce. The ubiquity of mobile commerce and social media has fundamentally changed the way consumers interact with CPG enterprises. This blog will examine a few of the key trends CPGs must consider. How Big Data is Revolutionizing the Food Industry. One of the most prominent trends in the global consumer packaging market of present times is the increased attention given to the reduction of the amount of material used in producing the packaging product by packaging manufacturers. The consumer packaged goods (CPG) industry is undergoing significant change, with consumer preferences shifting rapidly and retailers adapting in the face of heightened competition. Many of the key supply chain trends in 2019 will be continuations from years prior. With e-commerce, we’ve started to see brands typically available exclusively online, like meal kit services, begin to move selectively into brick-and. The industry grew $18 billion last year alone. India’s alcohol industry is the third largest in the world with a value of $35 billion. The trends can be divided into five categories: the changing face of the consumer, evolving geopolitical dynamics, new patterns of personal consumption, technological advancements, and structural industry shifts (Exhibit 1). An uptick in new product launches, along with increased private-label/Tier 2 brand participation, is among the key trends driving brand-mix shifts in the consumer packaged goods (CPG) segment. To achieve this, CPG. 2017 Consumer Packaged Goods Trends CPG firms that view cost cutting as the only strategic choice for profit growth may be making a mistake. To survive and even thrive, grocery retailers need to recognize and act on three trends that are emerging and will shape the industry for the next five to ten years. Accounting for 20% of all U. However, this isn't because CPG companies have been slow on the uptake or anything like that. HCL’s CPG services are rightly positioned to help you meet these objectives in the fast changing Consumer Packaged Goods landscape. FMCG industry, alternatively called as CPG (Consumer packaged goods) industry primarily deals with the production, distribution and marketing of consumer packaged goods. We use cookies to ensure that we give you the best experience on our website. Here are 10 marketing trends you would be wise to keep your eye on going into 2019. But change is inevitable; here's how it might play out. ” The Top 30 CPG Industry News Sources Online I these business, finance, and trade websites regularly. Consumer Packaged Goods companies (CPGs) are facing changing industry trends. This blog will examine a few of the key trends CPGs must consider. Here is Accenture's top 10 trends and predictions facing the consumer goods industry in the year ahead: 1. IRI's Joan Driggs to Analyze the Impact of Cannabinoids on the CPG Industry at Saint Joseph's University's Annual Food Industry Summit October 14, 2019 On Oct. A younger workforce will have its own expectations for job performance and personal satisfaction. This report focuses on the next 10 years of Singapore's biosciences industry and captures the views and predictions of the nation's biosciences industry leaders. Get in touch with our experts. CPG Industry Trends Require Increased Agility The CPG industry has been forced to evolve rapidly in response to an increasingly omnichannel market with shifting demographics and changing shopper preferences. Whiskey dominates the IMFL category, and India has the largest whiskey industry in the world. Business, Data, and Finance Forbes Reuters Hoovers BloombergBusinessWeek US News & World Report CNN/Money Fortune Google Finance Yahoo Finance. Ad Buying Trends in the Auto Industry. Most of the business trends surrounding the CPG industry have a common goal: bottom-line growth. 6 billion lineal feet, valued at $7. One of the most prominent trends in the global consumer packaging market of present times is the increased attention given to the reduction of the amount of material used in producing the packaging product by packaging manufacturers. Attorney Adam H. Top 3 CPG Trends For 2019 - 01/09/2019. Consumer Package Goods (CPG) distributors face many challenges selling to the fiercely competitive and rapidly evolving retail industry. "But this does not mean that American consumers' craving for indulgences has diminished. As the leading provider of managed physical medicine for the workers’ compensation industry, MedRisk has always been dedicated to understanding and advancing industry best practices. 3 In fact, 75% of shoppers said they used search early in their process. 13, 2018: NCH Marketing Services, a subsidiary of Valassis, a leader in activating consumers through intelligent media delivery, today reports its Year-End 2017 Coupon Trends Analysis for Consumer Packaged Goods (CPG). Likewise, fish bone broth could tap into the recent health craze for collagen- and protein -rich bone broths. The largest trend in recent years is the increased demand for healthy and natural products, which has snowballed into many other consumer habits. Beginning with a global overview, the report explores the dynamics that have a strong influence on the CPG Logistics market and. We have also seen changes in the coupon industry. Pet Food In the last decade or so, Americans are increasingly thinking of—and shopping for—their pets as furry family members. Shoppers looking for consumer packaged goods and who use search are 2X more likely to do their first search on Google than on any other website, including e-commerce retailers. The widespread use of online ordering, coupled with a growing consumer dependence on technology,.