US EditionSmall CPG brands struggling amidst funding challenges and dominance of large brands
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Small CPG brands struggling amidst funding challenges and dominance of large brands
Australia’s supermarket and grocery sector generated over $139 billion in revenue in 2023 – but very little of that cash is landing in the pockets of small brands. In fact, many emerging consumer packaged goods (CPG) businesses are being forced to shut down their operations due to lack of funding. In 2024, equity funding in Australia’s Food and Beverage Products sector plummeted by 73 per cent. Facing a dearth of funding options, smaller brands …
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