The statistic shows the consumer packaged goods (CPG) spending of U.S. citizens considered as Baby Boomers (50-68 years) and Seniors (69-89 years) in 2014, and gives projections for 2016, 2018, and 2020. In 2016, Baby Boomers and Seniors in the United States are projected to spend 214.7 billion U.S. dollars on CPG.
Total U.S. CPG industry sales were expected to exceed 750 billion U.S. dollars in 2015.
Consumer packaged goods (CPG) spending of U.S. Boomers and Seniors from 2014 to 2020 (in billion U.S. dollars)*
IRI Consumer Network for the 52 weeks ended February 9, 2014.
* Cohort definitions: Younger Boomers are born between 1956 and 1964 (50 to 58 years); Older Boomers are born between 1946 and 1955 (59 to 68 years); Seniors are born between 1925 and 1945 (69 to 89 years).
** Projection.
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IRI. (June 30, 2014). Consumer packaged goods (CPG) spending of U.S. Boomers and Seniors from 2014 to 2020 (in billion U.S. dollars)* [Graph]. In Statista. Retrieved January 21, 2022, from https://www.statista.com/statistics/318080/cpg-spending-of-us-boomers-and-seniors/
IRI. "Consumer packaged goods (CPG) spending of U.S. Boomers and Seniors from 2014 to 2020 (in billion U.S. dollars)*." Chart. June 30, 2014. Statista. Accessed January 21, 2022. https://www.statista.com/statistics/318080/cpg-spending-of-us-boomers-and-seniors/
IRI. (2014). Consumer packaged goods (CPG) spending of U.S. Boomers and Seniors from 2014 to 2020 (in billion U.S. dollars)*. Statista. Statista Inc.. Accessed: January 21, 2022. https://www.statista.com/statistics/318080/cpg-spending-of-us-boomers-and-seniors/
IRI. "Consumer Packaged Goods (Cpg) Spending of U.S. Boomers and Seniors from 2014 to 2020 (in Billion U.S. Dollars)*." Statista, Statista Inc., 30 Jun 2014, https://www.statista.com/statistics/318080/cpg-spending-of-us-boomers-and-seniors/
IRI, Consumer packaged goods (CPG) spending of U.S. Boomers and Seniors from 2014 to 2020 (in billion U.S. dollars)* Statista, https://www.statista.com/statistics/318080/cpg-spending-of-us-boomers-and-seniors/ (last visited January 21, 2022)
