The state of the CPG industry through the lens of CAGNY '25

Winners, Losers and Strategic Themes

Wait, what is CAGNY?

CAGNY stands for Consumer Analyst Group of New York. It is an annual conference where major consumer packaged goods (CPG) companies present their financial performance, strategic outlook, and growth plans to investors and analysts. The event is significant for the FMCG (fast-moving consumer goods) and food, beverage, beauty, and household products sectors, providing insights into industry trends, market dynamics, and company strategies.

Key Aspects of CAGNY:

• Audience: Institutional investors, financial analysts, and industry stakeholders.

• Companies: Large multinational CPG firms such as Nestlé, PepsiCo, Coca-Cola, Procter & Gamble, Kraft Heinz, etc.

• Topics: Revenue growth strategies, market challenges, cost management, innovation, and M&A (mergers & acquisitions).

• Relevance: CAGNY presentations influence investor sentiment and often provide forward-looking statements on company performance and industry direction.

It is considered a must-watch event for anyone tracking the consumer goods industry, as it offers deep insights into corporate strategies and how leading brands adapt to economic conditions, consumer trends, and competitive pressures.

Key Themes from CAGNY 2025

The 2025 Conference brought together leading consumer goods companies to discuss their strategies, performance, and market outlooks. Across the presentations, common themes emerged, highlighting shared challenges, external threats, and growth opportunities. Some companies stood out for strong execution, while others revealed struggles. This summary distills the core takeaways from the event.