6 Top Trends Of Consumer Packaged Goods Industry In 2024 Ai Palette

6 Top Trends Of Consumer Packaged Goods Industry In 2024 Ai Palette Uncover the hottest cpg trends driving consumer behavior in august. stay ahead of the curve with insights on product innovation, marketing strategies, and industry shifts. discover how to capitalize on these trends for your brand's success. 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.

Consumer Packaged Goods Industry Trends 2024 List Tamra Simonette In 2024, several noteworthy trends in the food and beverage industry are set to shape the landscape, including a growing interest in foods offering functional benefits and incorporating superfoods and adaptogens to enhance nutritional value. additionally, we can expect an expansion of online platforms for purchasing healthy food and beverage. As we step into 2024, let’s delve into the top 10 use cases where generative ai and llms are anticipated to play a pivotal role, shaping the future of product innovation, marketing, supply chain management, and more. 1. product innovation and development: unleashing the power of ai creativity. in a bid to stay ahead of market trends. Key stats to be aware of: market growth: the cpg industry is expected to grow at a cagr of 4.5% from 2023 to 2028, fueled primarily by product innovation and digital transformation. e commerce penetration: online sales now account for 25% of total cpg sales, up from 20% in 2022, highlighting the increasing importance of digital sales channels. For our 2024 consumer products industry outlook, we’ve created a profitable volume playbook, derived from financial performance and earnings transcript analysis, subject matter specialist interviews, and a global survey of 250 consumer products executives. its components include moves to boost both volume and profitability: volume. targeted.