During a 2022 study conducted among consumer packaged goods manufacturers, it was found that CPG companies planned to dedicate 43 percent of their marketing budgets to traditional advertising in 2023. Around 24 percent of the budget was anticipated to be allocated to digital channels.
Distribution of CPG manufacturer marketing spending in the United States in 2023, by type
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Cadent Consulting. (December 7, 2022). Distribution of CPG manufacturer marketing spending in the United States in 2023, by type [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/916205/cpg-manufacturer-marketing-budget-allocation-usa/
Cadent Consulting. "Distribution of CPG manufacturer marketing spending in the United States in 2023, by type." Chart. December 7, 2022. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/916205/cpg-manufacturer-marketing-budget-allocation-usa/
Cadent Consulting. (2022). Distribution of CPG manufacturer marketing spending in the United States in 2023, by type. Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/916205/cpg-manufacturer-marketing-budget-allocation-usa/
Cadent Consulting. "Distribution of Cpg Manufacturer Marketing Spending in The United States in 2023, by Type." Statista, Statista Inc., 7 Dec 2022, https://www.statista.com/statistics/916205/cpg-manufacturer-marketing-budget-allocation-usa/
Cadent Consulting, Distribution of CPG manufacturer marketing spending in the United States in 2023, by type Statista, https://www.statista.com/statistics/916205/cpg-manufacturer-marketing-budget-allocation-usa/ (last visited November 03, 2024)
Distribution of CPG manufacturer marketing spending in the United States in 2023, by type [Graph], Cadent Consulting, December 7, 2022. [Online]. Available: https://www.statista.com/statistics/916205/cpg-manufacturer-marketing-budget-allocation-usa/