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The CPG marketing industry is undergoing significant transformation, driven by digital acceleration and consumer demand for authentic brand connections. Experiential marketing and community building are gaining traction over traditional advertising. Social media platforms, particularly TikTok and Instagram Reels, are crucial for reaching target audiences. Brands are increasingly seeking data-driven strategies and measurable ROI, with a focus on building long-term loyalty.
Total Assets Under Management (AUM)
CPG Market Size in United States
~Approximately 2.39 trillion USD (2024 estimate)
(3.5% (projected 2024 CAGR for US CPG market) CAGR)
The US CPG market growth is driven by:
* E-commerce expansion and changing consumer shopping habits.
* Focus on health, wellness, and sustainability trends.
* Innovation in product development and niche categories.
18.3 billion USD
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