FMCG Market Research Report Analysis

FMCG Market:

Growth opportunities in the FMCG Market look promising over the next six years. This is mainly due to the high adoption of the smartphone, a drastic rise in young and middle-class population and increasing preference towards e-commerce platforms.

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FMCG Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

Key Drivers

Several drivers responsible for the growth of the global FMCG market are the accelerating disposable income, the substantial surge in young and middle-class population, easy availability and approachability of products, and swift urbanization. Also, the increasing movement towards urban areas leads to economic modification and alteration in lifestyles led by individuals' changing consumption patterns, which further brings enormous growth opportunities for the market. Moreover, the ongoing enlargement in grocery stores, e-commerce platforms, and supermarkets further strengthens the market size. The switch of consumers towards e-commerce platforms will supplement the market growth. Additionally, the accelerating penetration of smartphones along with the increasingly hectic style of living persuades them to order goods online from anywhere and at any time. Thus, this is promoting them to choose for comfortable delivery option and save time & money. All these factors together bolster the market growth.

Distribution Channel Segment Drivers

Based on the distribution channel, the market is segmented into grocery stores, supermarkets & hypermarkets, specialty stores, and e-commerce. Amongst which, supermarkets & hypermarkets are expected to lead the market during the forecast period. This is primarily owing to the robust demand for a one-stop shopping destination among customers for all goods. On the other hand, e-commerce is projected to expand at a faster CAGR during the forecast period. This is owing to the doorstep delivery of products, offering a conducive shopping experience to customers.

Regional Drivers

On the basis of region, Asia-Pacific is predicted to witness a higher CAGR over the forecast period. This is because of the rapid urbanization, globalization, and varying lifestyles of individuals. In addition to it, the growing penetration of smartphones and rising social media influence would bolster the FMCG market share.

FMCG Market’s leading Manufacturers:

·         Nestlé S.A.

·         Revlon, Inc

·         Patanjali Ayurved Ltd

·         Pepsico Inc

·         Procter & Gamble Company

·         Johnson & Johnson Services, Inc

·         Dr Pepper Snapple Group

·         Kimberly-Clark Corporation

·         The Coca Cola Company

·         Unilever Group     

FMCG Market Segmentation:

Segmentation by Type

·         Food & Beverage

·         Personal Care

·         Health Care

·         Home Care

Segmentation by Distribution Channel

·         Supermarkets & Hypermarkets

·         Grocery Stores

·         Specialty Stores

·         E-commerce

·         Others

Segmentation by Region:

·         North America

o   United States of America

o   Canada

·         Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·         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

o   Rest of the world (remaining countries of the LAMEA region)

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