Analysis
Consumer products M&A update: Q4 2022
Increasing labor and ingredient expenses are driving up costs for food and beverage companies and prices for customers.
Consumer products and retail trends
- Food and beverage
The Consumer Price Index US city average for food and beverages rose from 312.5 to 315.0 in Q4 2022, a 0.8% increase.1
- Vitamins, minerals, and supplements
In Q4 2022, online consumer engagement for vitamins measured by Google Shopping Trends increased by 5.6%. This increase is slightly higher than the engagement increase in the prior quarter (5.1%).2
- Specialty retail
Retailers continue to expand, seeing 20.7 million square feet of net absorption in Q4, lowering the national vacancy rate to 4.2%, the lowest it has been in 15 years.3
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References
1 FRED, Consumer Price Index for All Urban Consumers: Food and Beverages in U.S. City Average, accessed January 24, 2023.
2 Google Trends, “2022 Shopping Trends – Vitamin (worldwide),” accessed January 24, 2023.
3 Brin Snelling, “Why retailers will continue to open stores this year, despite economic fragility,” Forbes, January 11, 2023.
Previous editions
- Consumer products M&A update Q3 2022
- Consumer products M&A update Q2 2022
- Consumer products M&A update Q1 2022
- Consumer products M&A update Q4 2021
- Consumer products M&A update: Q3 2021
- Consumer products M&A update: Q2 2021
- Consumer products M&A update: Q1 2021
- Consumer products M&A update: Q4 2020
- Consumer products M&A update: Q2 2020
- Consumer products M&A update: Q1 2020
- Consumer products M&A update: Q4 2019
- Consumer products M&A update: Q2 2019
- Consumer products M&A update: Q1 2019
- Consumer products M&A update: Q4 2018
- Consumer products M&A update: Q3 2018
- Consumer products M&A update: Q2 2018
- Consumer products M&A update: Q1 2018
- Consumer products M&A update: Q4 2017
- Consumer products M&A update: Q3 2017
- Consumer products M&A update: Q2 2017
- Consumer products M&A update: Q1 2017