Unveiling the 2023 FMCG channel and industry trends


Unveiling the 2023 FMCG channel and industry trends

  • As we step into the second half of 2023, understanding the latest FMCG industry and retail channel trends becomes paramount for success.  
  • NIQ’s latest category and channel trends video provides valuable insights into the latest retail trends, regional and global data, and growth strategies for businesses, empowering you to make well-informed decisions.  
  • Stay ahead of the curve with our video’s comprehensive analysis of the 2023 FMCG retail trends. 

Uncovering the growth landscape

1. Boosting on-premise retail: With consumers returning to restaurants and bars, the on-premise retail channel is seeing an impressive 27.7% growth. 

2. Discounters dominate: Inflation gives discounters the upper hand, resulting in a substantial 24.6% growth in Eastern Europe. 

3. Thriving Traditional Trade: Traditional Trade emerges as the third fastest-growing retail channel globally, boasting an 11.1% growth. Don’t overlook the opportunities in Africa, the Middle East, and Latin America, where double-digit growth prevails. 

4. Pet food boom: the fastest-growing FMCG industry globally, with a 14.8% value growth. 

5. Snack’s strong growth: The snack foods industry is experiencing a phenomenal 14.2% growth, surpassing FMCG growth in every region. 

6.  Dairy’s rise: With a remarkable 12% growth, Dairy becomes the third fastest-growing industry. 

For more data-driven insights, watch the full video. 

Make bold decisions with superior data

Gain more precise visibility into your performance and the markets you operate in to help you turn ideas into impactful strategies for what lies ahead.