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.
- 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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CPG Marketing Strategies to Elevate Your Brand Among Rural Consumers
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Shrinking Newspaper FSI Coverage + Limited Broadband Require a Different CPG Marketing Approach to Rural Consumers
Source: Grandview Research, Stratista, Grand View Research, Reuters, Thysse, Ken Research.

