For the third year in a row, Information Resources, Inc. (IRI) and The Boston Consulting Group (BCG) examined more than 400 CPG companies with annual U.S. retail sales of more than $100 million and ranked them based on their growth performance.
Though e-commerce sales of CPG products are projected to reach $10 billion in 2014, that number still accounts for a very small share of CPG sales. IRI's 2014 "Future of E-Commerce" advises companies to be prepared for a potential rapid acceleration in the near future.
In today's retail landscape, the consumer, armed with knowledge like never before, calls the shots, according to "Channel Migration: The Road to Growth Has Many Lanes", a granular analysis of consumers' evolving path to purchase and its impact on existing and emerging channel trends.
Unprecedented size, growth and buying power make the mature market critically important for CPG companies, according to IRI's Times & Trends report Boomers & Seniors: Carving Out Growth in Mature Markets.
The boomer/senior market accounts for more than 50 percent of CPG spending, or about
Consumers' desire for quick and easy mealtime solutionshas value-added meat taking center plate. During the past five years, dollar and volume sales of value-added meat have outpaced the overall meat sector by a fairly sizable margin.