IRICompany DetailsContacthttps://www.iriworldwide.comArticles & NewsGrocery Retail2022 Outlook: CPG Growth Strategies in an Inflationary EnvironmentHere are five key areas of insight and predictions for the remainder of 2022 that will help brands and retailers compete to win market share and consumer loyalty in today’s ever-changing CPG landscape.Grocery RetailIRI: Small, Extra Small and Private Label CPG Manufacturers Gained Market Share in 2020Earlier in 2020, private label store brands more than held their own against the national brands, making these brands both recession-proof and pandemic-proof.Risk/ComplianceYounger Millennials Outspend Elders on Food and Beverage PurchasesA IRI Consumer Connect survey found that trade issues and a strong labor is impacting consumer spending on food and beverages.Products & Press ReleasesSustainabilityResearch Shows Sustainability is Surviving COVID-19From 2015 to 2019, sustainability-marketed products contributed 54.7% of overall CPG market growth while representing 16.1% dollar share of the category in 2019.WarehousingNatural Product Sales up Significantly Compared to Last Year, Both Pre-COVID-19 and During the PandemicNew research from IRI and SPINS reveals that consumers are purchasing more natural products in 2020, both pre-COVID-19 and during the current pandemic.SustainabilityIRI’s 2019 New Product Pacesetters Highlights Breakout Year for Food and Beverage LaunchesBoth large and small companies were successful in 2019, thanks to consumers’ willingness to embrace an expanded range of product types and attributes.Software & TechnologyIRI Finds Consumers are Prioritizing Convenience and Value in Their Shopping ExperiencesAs consumers prioritize saving time, effort and money, they are shifting their shopping habits to channels they feel best support them.Request More InformationFill out the form below to request more information about IRI
