Market revenue is expected to increase nearly 36% by 2033 for CPG products.

Even as unit volumes normalize, CPG brands continue to drive higher spend through premium product tiers, value-added formulations, and strategic price/mix optimization, supporting steady revenue expansion.
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  • The U.S. CPG market is forecast to grow at a CAGR of 3.5% through 2033, suggesting sustained YOY increases in consumer spending on packaged goods overall.
  • The CPG food & beverage segment accounts for nearly 43% of total revenue in the U.S., making it the largest single category by far.
  • Approximately 60% of U.S. consumers prefer purchasing CPG products online, reflecting strong digital buying behavior.
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Computer-Online icon ~50% of Consumers Consumers try new CPG products do so because of targeted online advertising.
Mailbox icon 5-10% Response Rates Direct mail response rates out-perform digital click-through-rates for CPG brands.
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Source: Grandview Research, Stratista, Grand View Research, Reuters, Thysse, Ken Research.