Key Takeaways
- In 2023, women comprised 48.2% of the total workforce in the CPG industry, up from 46.5% in 2020, according to a comprehensive analysis of over 500 CPG companies.
- Black or African American employees made up 12.4% of CPG entry-level positions in 2022, compared to 10.8% in 2019, based on data from 300 major CPG firms.
- Hispanic or Latino workers represented 15.7% of the CPG manufacturing workforce in 2023, reflecting a 2.1% increase since 2021 per Bureau of Labor Statistics aggregated for CPG.
- In CPG leadership, women held 27.6% of C-suite positions in 2023, up from 24.1% in 2021 across 400 firms.
- Black executives represented 5.8% of VP-level roles in CPG in 2022, with packaged food at 6.2%.
- Hispanic leaders accounted for 7.4% of senior management in CPG beauty brands in 2023.
- Pay equity gap for women in CPG narrowed to 82.4 cents on the dollar for median pay in 2023.
- Black employees earned 91.3% of white counterparts' median salary in CPG professional roles 2022.
- Hispanic workers' pay equity in CPG manufacturing: 89.7% vs. non-Hispanic white in 2023.
- Employee engagement scores for diverse CPG teams averaged 76.4/100 in 2023, vs. 72.1 overall.
- Sense of belonging among women in CPG: 81.2% reported high in 2022 surveys of 200k.
- Black employee retention rates in CPG inclusion programs: 87.3% after 2 years 2023.
- Supplier diversity spend by CPG: 12.4% of total procurement in 2023, up 3.2% YoY.
- Minority-owned suppliers to CPG: $25.6B in contracts 2022 across top 50 firms.
- Women-owned business spend in CPG beauty: 18.7% of suppliers 2023.
The CPG industry is making gradual but measurable diversity, equity, and inclusion progress.
Inclusion and Engagement
Inclusion and Engagement Interpretation
Leadership Diversity
Leadership Diversity Interpretation
Pay and Equity
Pay and Equity Interpretation
Supplier and Community Diversity
Supplier and Community Diversity Interpretation
Workforce Composition
Workforce Composition Interpretation
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