According to data from the Good Food Institute, the global plant-based food industry generated $8 billion in sales and received $1.2 billion in investment in 2022.
Crocs, the footwear retailer known for its clog shoes, reported revenue of $884.2 million for Q1 2023, a YoY rise of almost 34%, driven by strong brand strength and new product introductions.
According to data from the Good Food Institute, the global plant-based food industry generated $8 billion in sales and received $1.2 billion in investment in 2022.
Crocs, the footwear retailer known for its clog shoes, reported revenue of $884.2 million for Q1 2023, a YoY rise of almost 34%, driven by strong brand strength and new product introductions.
Consumer Goods industry will surpass $15T globally by 2025. However the old business model of mass distribution is about to become obsolete. Digital Transformation, Millennials and Gen Z effect, Direct to Consumer and Post-Covid World are going to reshape the winning formula for the new era CG industry. Our weekly newsletter covers global innovations and disruptions in CG industry.
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