Consumer Goods, F&B, and Entertainment
Stallion Market Research predicts that revenue for the global consumer goods industry is expected to show an annual growth rate (CAGR) between 2021 and 2025 of 8%. By 2025, it will grow to USD 380 Billion. The consumer goods industry’s growth over the past quarter of the century has been tremendous. CPG companies have launched innovative products to satiate rising human needs. It has expanded into the burgeoning consumer markets across developing nations. Making growth profitable, they have enthusiastically built global consumer goods market size. Both the global consumer goods industry and the F&B industry have been relentless about new-product innovation. Over the approaching decade, the upheavals in global consumer, retail, and supply markets pose a great threat on existing business models and marketing approaches—and promise enormous rewards for those best able to anticipate new opportunities. Stallion Market Research has developed an analytical methodology to help executives provide fact-based answers to persisting and impending consumer goods, F&B, and entertainment sectors. Consumer product companies handle rapidly evolving technologies, consumer demographic shifts, changing consumer preferences, and economic uncertainty.
Stallion Market Research’s prediction says that e-commerce is soon to account for 17 percent of total retail sales. Rising online sales and labor costs, put incredible pressure on store economics. Stallion Market Research suggests that currently available, at-scale technology could help automate more than 55% of tasks in a classic brick and mortar grocery store as it handles the demand forecasting for consumer goods.
Market growth rate
The consumer goods and FMCG market continuously adapt to evolving demand forecasting for consumer goods. Digital innovation, the pandemic, and an increased focus on sustainable and healthy habits have big influences on the consumer goods industry trends. Digitalization has put the customer in the driver’s seat and enables endless comparison and scrutinizing of products on the spot. Optimizing marketing strategies and brand awareness helps to maintain customer loyalty for consumer goods businesses. Stallion Market Research offers an accurate portrayal of the market in real-time allowing vital business decisions to be made instantly.
Market share of competitors
Product portfolio analysis
Consumers changed their behavior and preferences, so companies are changing their go-to-market strategies and capabilities in response. Industry players are recalibrating how they segment consumers, prioritize channels, establish product portfolios, position their brands, and deploy service models. Trends in the F&B industry will be driven much by what customers want and revolves around their preferences.
Stallion Market Research’s regional reports capture differences in the consumer goods markets across countries. Regional reports are driven by demand forecasting for consumer goods through digital innovations that make the supply chain much more feasible and fast. Such designs help reshape regional consumer goods and F&B industries’ future by making its product deliveries more efficient and more accessible.
Country reports for consumer goods and F&B include comprehensive resources that cover customer demands in every country. Each aspect of customer requirement is given utmost attention. Although the reports are made according to a standard template and methodology, each profile’s focus has been adapted to country specificities to maximize each analysis’s relevance. Stallion Market Research pays attention to country-specific regulations for F&B forecasting.
As the world recovered from economic downfall a decade ago, the retail market of fast-moving consumer goods (FMCG) has witnessed significant growth due to increasing per capita income across each geography. Government regulations over packaging have forced manufacturers to provide quality packaging and ensure clean and persistent labels which represent all required contents of product and packaging materials. Due to the demand and supply gap of FMCG products, the retailers have adopted a business strategy of expansion. Retail stores have increased significantly over the last five years. Multinational companies like Walmart entered into emerging economies such as China and India are expected to drive the growth of FMCG market in high potential markets. The increase in disposable incomes and the rapidly expanding retail sector are two key drivers of the global FMCG labels market. However, private labels are a potential threat for FMCG labels, and it is expected to restrain the growth of the FMCG labels market. Additionally, the sustainability of the FMCG labels market is highly dependent on innovation and product development. Stallion Market Research emphasizes the importance of providing relevant information that drives the consumer goods and F&B markets.
Market research considers relevant industry products, markets, and customers. Stallion Market Research’s food market research reports may include information about the industry’s competitive landscape, industry trends, key competitors, industry size, and outlook. Stallion Market Research advises their clients about the positive or negative prospects for an industry or product. It makes the clients better equipped with their near-future goals.
Our expert analysts produce our food market research reports for either a specific client or for many subscribers. We provide customized market reports suited to the requirements of the clients. Stallion Market Research ensures that the market reports present a way that allows businesses to identify their opportunities. Reports give them a clear idea of the real-time problems to resolve these issues. Such reports are updated regularly to showcase relevant information in the marketing industry. Market research reports can be beneficial in many ways. These include validating internal research and gathering industry information quickly. We keep in mind specific guidelines while creating market reports –
- Researched data
- Objectives aligned
- Strategized approach
- Representative facts
Stallion Market Research, a global consumer research agencyS follows a systematic approach in the marketing research process. Analysts have the training and skills to execute each strategy with utmost accuracy. We always aim to be at the forefront of creating incredible market reports relevant to each client.
- Identifying the problem
It’s important to share the problem outline and research objectives with others. It is best to get their input and further refine your understanding of the problem and what is needed to solve it. Prioritizing your goals is beneficial if you don’t have the time or resources to investigate everything you want.
- Developing a plan
Once you have clarified the kind of information you want, timing, budget, and resources for your project, it is easy to develop the research layout. This plan is crucial if you plan to collect and analyze the information you need. Some information is readily available through secondary research and secondary data sources. Marketing research projects may include either or both primary and secondary research.
- Conducting the research
Typically data collection starts by reviewing any existing research and data that provide some information about the problem. Previous research projects, internal data analyses, industry reports, customer-satisfaction survey results, and other information sources may be worthwhile to review. The marketing research project should benefit from prior work wherever possible.
- Analyze Findings
Analyzing the data acquired in a market survey includes transforming the primary or secondary data into useful information. This data or insights must answer the queries you have. This information is put into a format to be used by managers—usually a presentation or detailed report. The analysis starts with formatting, cleaning, and editing the data to ensure that it’s suitable for analytical techniques.
Market research allows you to meet your local buyers. Like consumer goods, F&B and the entertainment industry demand increased attention that proves invaluable. By understanding buyer’s problems, pain points, and desired solutions, we aptly craft your product or service to appeal to them naturally. Stallion Market Research designs market research reports to give insights into the persistent market scenario. Drive sales and increase ROI within a short time.
The food and beverage industry is changing dynamics every day. The need of the hour for businesses involved is to keep abreast with the changing demands and requirements.
- Changing consumer preferences: Lifestyle changes have provoked consumers to opt for newer alternatives to food and beverages preferences. Companies that are aiming to engage such customers to make their preferences their priority.
- Digital transformation: Customers now are more accustomed to the digital way of purchasing products. Hence, F&B companies are using digital and social media platforms to connect with consumers.
- Food safety: Food safety concerns are a pressing issue that is on the rise. Global and local product sourcing adds risk to supply chains through unsafe handling, transportation, and food-borne illnesses.
With the slowdown in world economic growth, the Fast Moving Consumer Goods (FMCG) and Consumer Packaged Goods (CPG) industry has also suffered a particular impact. Yet, it has maintained a relatively optimistic growth in the past four years. Analysts predict that by 2025, FMCG and Consumer Goods market size is anticipated to rise rapidly.
The onset of digital technology is empowering consumers, enabling more power to individuals. Consumers and shoppers have access to a broader range of products and services—and they use them. Consumers can, and increasingly do, compare prices while seeking and sharing opinions digitally. Right products spread widely and fast across a social media network and result in more demand from interested buyers. Simultaneously, terrible customer reviews become a deciding factor behind the tenure of a new product in the market. With only a few clicks, a product becomes successful as it appeals to customers with a unique purpose. For instance, it took seven years for the internet to become a mass medium in the US since it was launched. Today, digital is ubiquitous. It crosses all boundaries: age, geography, and stage of economic development. Stallion Market Research here plays a crucial role in acquiring market reports to equip business decisions.