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CPG Industry Expected to Reach $18.94 Trillion: Insights & Analysis

Jake Jorgovan

By 2031, the industry value is expected to reach $18.94 from 2022 to 2031. 83 billion on advertising annually, with 64% planning to increase their retail media spending. Notably, 69% of retailers reported an increase in annual revenue due to AI adoption, with 72% experiencing reduced operating costs.