The 2027 Investment Guide — Food & Beverage Benchmark Report | Keen
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Food & Beverage benchmark report

The 2027 investment guide

Your next marketing dollar could go anywhere. Where it goes matters less than how much is already there.

Six sections on where Food & Beverage money goes, what each channel returns, and the decisions worth winning before the 2027 plan is signed off.

49.6%
of F&B budgets go to trade, not media
$2.14
Kroger's return, a third better than Amazon
$1.60
Profit ROI after retiming the same budget

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What's inside

Six sections, and the argument you will have to win for each

1

Where marketing budgets go

Food & Beverage spends more on trade than on media. Only one of those is yours to decide.

2

Changes in the F&B media mix over time

Linear TV lost nearly fifteen points of share. Search absorbed more of it than anything else.

3

ROI insights across key channels

Return is not a property of a channel. It is a property of how much you put into one.

4

Retail media spend and returns by retailer

Nine retailers carry reportable volume. The one taking the most money returns the least of the five largest.

5

The social platform mix

Three years of steady returns, and a platform reallocation that is still running.

6

When to spend, and flighting for impact

The split gets signed off. The weeks get delegated. The weeks are worth more.

Proof in numbers

The benchmarks come from real measured spend, not a survey

$48B
in marketing budgets optimized
450+
brands measured with Keen
1,000+
models built and optimized
25%
average lift in incremental revenue