Amid The FMCG Downturn, Small Manufacturers Are Tapping Big Growth In The U.S.
Looking back five years ago, the largest food and beverage manufacturers accounted for one-third of dollar sales. Today, they account for 31%, while smaller
manufacturers (those with at least $100,000 in annual sales) have gained two percentage points of market share, equal to about $2 billion. Today, the
smallest manufacturers, nearly 16,000 companies, account for 19% of dollar sales and are driving more than half of the growth (53%). But in a time
where the U.S. retail industry is largely contracting, how are small manufacturers finding growth?