2022 CPG GROWTH LEADERS
Each year, IRI partners with the Boston Consulting Group (BCG) on the annual Growth Leaders study, which analyzes the growth performance of hundreds of public and private CPG companies. In 2022, U.S. CPG omnichannel sales grew 8.4%, an increase from 2021’s 4.6% growth. With volumes declining 1.5%, 2022’s top growth companies won by delivering pricing-led growth while maintaining demand as consumers faced increased economic and inflationary pressures.
The report reveals the biggest growth companies for 2022 as categorized by large, mid-size and small companies. Overall, small CPGs continued to drive growth as large players and private label brands demonstrated strength in a high-inflation environment.
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