FMCG Market Research Report
FMCG Market
FMCG Market is predicted to expand at a faster CAGR over the
forecast period, owing to the rapidly growing urban population, changing food
choices and lifestyle of consumers.
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By type, the food & beverages segment is anticipated to
lead the market over the forecast period, owing to their longer shelf life. As
per the FMCG Market research, changing lifestyle of people and
accelerating working population has inclined individuals towards ready to eat
food items, thereby strengthening the market growth.
By distribution channel, the supermarkets & hypermarkets
segment is predicted to grow at the fastest CAGR over the forecast period,
owing to the growing demand for demand for all-in-one shop among customers for
all goods.
By region, Asia-Pacific is anticipated to witness a faster
CAGR over the forecast period, owing to the growing urbanization,
globalization, and changing lifestyles of individuals. Additionally, the FMCG Market
report projects that the accelerating penetration smartphones and social
media influence would propel the market growth.
Leading players operating in the market include Procter
& Gamble Company, Unilever Group, The Pepsico Inc, Kimberly-Clark
Corporation, Coca Cola Company, Patanjali Ayurved Ltd, Dr Pepper Snapple Group,
Revlon, Inc, Johnson & Johnson Services, Inc., and Nestlé S.A. among
others.
Key Developments:
In 2020, Hindustan Unilever partnered with GlaxoSmithKline Consumer
Healthcare Limited (GSKCH) GSKCH’s brands including, Boost, Horlicks, and
Maltova will be part of Hindustan Unilever’s food and refreshments business,
which lies under the nutrition category.
In 2020, Nestle S.A. acquired Zenpep, gastrointestinal drug.
With this acquisition, Nestle S.A. would expand the brand’s portfolio of
therapeutic products.
FMCG Market Segmentation:
FMCG
Market by Type
·
Food & Beverage
·
Personal Care
·
Health Care
·
Home Care
FMCG
Market by Distribution Channel
·
Supermarkets & Hypermarkets
·
Grocery Stores
·
Specialty Stores
·
E-commerce
·
Others
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
About GMI
Research
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provides market insights and intelligence across 12 major sectors helping our
clients in making effective investment and business decisions.
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