FMCG Market Size & Share

FMCG Market

The FMCG Market is expected to grow at a significant CAGR during the forecast period (2020-2027).

The factors driving the growth of FMCG Market includes easy availability of daily use products such as food items, rapid urbanization and growing middle class population around the world. The on-going expansion of e-commerce platforms, supermarkets and specialty stores are increasing the FMCG Market size. As per the report published by United Nations, the, global e-commerce sales jumped to $26.7 trillion in 2019. In addition, consumers growing preference for convenient products, are propelling the Global FMCG Market size. Moreover, the busy lifestyles, changing food preference along with increasing usage of smartphones for ordering food online, are increasing the FMCG Market share.

The major players operating in the market are Johnson & Johnson Services Inc., Nestlé S.A, Unilever Group, Procter & Gamble Company, Kimberly-Clark Corporation, Patanjali Ayurved Ltd, Dr Pepper Snapple Group Revlon Inc., The Coca Cola Company, Pepsico Inc. among others.

Type: Segment Analysis

Based on type, the food & beverages segment is anticipated to dominate the market over the forecast period. increasing consumers inclination towards adopting healthy lifestyles along with Food & Beverage Products property to preserve food for longer duration, are the driving the growth of FMCG Products Market.

Distribution Channel: Segment Analysis

Based on the distribution Channel, the Supermarkets & Hypermarkets segment is expected to lead the market over the forecast period due to increasing disposable income and growing demand for one-stop platform.

As per the FMCG Market Research, the e-commerce segment is projected to grow a faster CAGR over the forecast period because it provides enhanced shopping experience to customers through door-step delivery of desired products.

Region: Segment Analysis

Based on Region, Asia-Pacific is anticipated to grow at a faster CAGR over the forecast period. The growing consumption of processed and packaged food items, increase in working population and growing social media influence has supplemented the growth of FMCG Market in the region. As per the report published by IBEF, the FMCG market in India is anticipated to grow at a CAGR of 14.9% to reach appox. US$ 220 billion by 2025 and this sector already witnessed FDI inflow worth US$ 18.59 billion from April 2000 to June 2021.

Market Segmentation:

Global FMCG Market by Type

• Food & Beverage

• Personal Care

• Health Care

• Home Care

Global FMCG Market by Distribution Channel

• Supermarkets & Hypermarkets

• Grocery Stores

• Specialty Stores

• E-commerce

• Others

Global FMCG Market by Region

• Asia Pacific

o China

o Japan

o India

o Rest of APAC

• North America

o United States of America

o Canada

• Europe

o United Kingdom

o Germany

o France

o Spain

o Rest of Europe

• RoW

o Brazil

o South Africa

o Saudi Arabia

o UAE

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