CPG

Shifts in shopping behavior drive CPG gains

Shifts in shopping behavior drive CPG gains

CHICAGO — COVID-related shifts in consumer shopping and consumption behavior helped drive total CPG industry growth of roughly 10.4% in 2020, significantly outpacing the prior three-year compound annual growth rate (CAGR) of 1.8%, according to a study from IRI and Boston Consulting Group (BCG). The ninth annual CPG study from IRI and BCG also looks

IRI report anticipates vaccine impact on CPG

IRI report anticipates vaccine impact on CPG

CHICAGO — COVID-19 vaccines have begun in the United Kingdom and Canada, and the start of vaccines in the United States is set to follow very soon. Strong adoption of vaccinations will increase consumer confidence and speed up social mobility, ultimately driving economic growth. IRI’s latest report, “Anticipated Vaccine Adoption and Impact on CPG Industry,”

Competitive agility: today’s new business imperative

Keeping up with today’s consumers can be all consuming. The consumer packaged goods industry is at this critical turning point. The established players are being forced to listen, as owning and selling a big global brand no longer guarantees survival. The rise of plant-based, lactose-free, vegan-friendly, “clean,” natural and organic products is testament to the

GMA to Relaunch as Consumer Brands Association

GMA to Relaunch as Consumer Brands Association

ARLINGTON, Va. — The Grocery Manufacturers Association (GMA) will become the Consumer Brands Association. The name change will take effect in January 2020, the 110-year-old trade association announced on Thursday.  “We represent an industry of iconic brands that are innovative, forward-looking and touch the lives of every American,” GMA President and CEO Geoff Freeman said