By 2032, the global consumer packaged goods (CPG) market is expected to be worth $3.17 trillion, up from $2.13 trillion in 2022, showing a remarkable growth trend. Digital CPG sales accounted for 10% of the total US CPG market in 2022, a notable increase from 5% in 2019.
Consumer packaged goods (CPG) are daily use items conveniently packaged for quick consumption and repurchasing, comprising products like food, beverages, pet food, personal care items, paper goods, household supplies, and over-the-counter medications.
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