
Circana releases 2024 U.S. CPG Growth Leaders report
This year’s CPG Growth Leaders found ways to build authentic connections with consumers and offer comprehensive value in an industry with shifting dynamics.
This year’s CPG Growth Leaders found ways to build authentic connections with consumers and offer comprehensive value in an industry with shifting dynamics.
According to recent research by Circana, this shift highlights an evolving consumer landscape in which value, convenience, and occasion-based spending impact buying behavior.
The Circana survey shows that U.S. consumers increasingly embrace a holistic view of wellness that includes sleep quality, work/life balance, and a healthy home environment.
The report underscores the role of innovation in driving sustained growth within the highly competitive snack market.
Liquid Supply Chain offers prescriptive recommendations for inventory allocation, identifies new revenue opportunities, and enhances demand planning and distribution processes.
The collaboration enables large-scale, always-on attribution measurement, eliminating the need for time-consuming, ad-hoc performance studies.
“The paralyzing effects of economic uncertainty are starting to show up in short-term interruptions in discretionary consumer spending,” said Marshal Cohen, chief retail industry advisor at Circana.
What started as a cost-saving alternative has now become a competitive force, with private labels earning consumer trust through quality, innovation, and differentiation.
Circana's Complete Audiences framework helps brands optimize media spending for immediate conversions and long-term growth.
The partnership aims to enhance decision-making, improve supply chain efficiencies, and provide deeper insights into shopper behavior.
In 2024, fragrance category sales rose 12%, with unit sales also growing in the prestige market.
Holiday 2024 retail sales face a 3% decline compared to last year despite Black Friday and Cyber Monday boosts.
“With one in eight Americans relying on SNAP for their nutritional needs, this group represents a critical segment for retailers and manufacturers.”
“Consumers are driven by a demand for value, impacting both volume and price/mix growth.”
Hispanics now comprise 20% of the U.S. population and accounted for 71% of national population growth between 2022 and 2023.