Fast Moving Consumer Goods Market Size was valued at USD 15,315.25 billion in 2021. The Fast Moving Consumer Goods market industry is projected to grow from USD 15,829.84 billion in 2022 to USD 22,863.25 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 4.56% during the forecast period (2023 - 2030).
Key Companies in the Fast Moving Consumer Goods market include
- Nestle S.A.
- Pepsico Inc.
- Coca Cola
- Unilever
- Tyson Foods
- Procter & Gamble Co.
- L'OREAL SA
- ANHEUSER-BUSCH INBEV
- JBS Foods
- Kraft Heinz
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The FMCG market consists of products that are consumed frequently and have a relatively short shelf life. These goods are typically low-cost and sold in large volumes, making them essential items for daily living. Examples of FMCG products include packaged foods, toiletries, cleaning products, and over-the-counter medications. Due to their high demand and rapid turnover, FMCG products are a significant driver of revenue for retailers and manufacturers alike.
Fast Moving Consumer Goods Industry Developments
March 2021 Nestle Sa has launched its two new syrup categories which ultimately taste like freshly-baked cookies. The launch of this product further enhances the sectoral growth of the business..
March 2021 Nestle SA has introduced a new chocolate sweet syrup flavor that can be added to the ice creams which has been inspired by the signature cookie dough.
July 2021 PepsiCo announced its new products with reduced sugar content by 25% in sodas and iced tea in the European region. Through this technology the company aims to catch the attention of health-conscious consumers.
June 2023 Nestle SA has launched its two new plant-based dairy alternative products, under its Barista brand name. The development has taken place in the Chinese market wherein it will focus on the oat and pea-based food products in the market.
Key questions answered in the report:
- Which are the five top players of the Fast Moving Consumer Goods market?
- How will the Fast Moving Consumer Goods market change in the next five years?
- Which product and application will take a lion’s share of the Fast Moving Consumer Goods market?
- What are the drivers and restraints of the Fast Moving Consumer Goods market?
- Which regional market will show the highest growth?
- What will be the CAGR and size of the Fast Moving Consumer Goods market throughout the forecast period?
FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 16
2 MARKET INTRODUCTION 23
3 RESEARCH METHODOLOGY 26
4 MARKET DYNAMICS 32
5 MARKET FACTOR ANALYSIS 43
6 GLOBAL FAST MOVING CONSUMER GOODS MARKET, BY TYPE 56
7 GLOBAL FAST MOVING CONSUMER GOODS MARKET, BY PRODUCTION TYPE 66
8 GLOBAL FAST MOVING CONSUMER GOODS MARKET, BY DISTRIBUTION CHANNEL 69
9 GLOBAL FAST MOVING CONSUMER GOODS MARKET, BY REGION 73
10 COMPETITIVE LANDSCAPE 102
11 COMPANY PROFILES 107
12 APPENDIX 147
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Fast Moving Consumer Goods Market CAGR
Fast Moving Consumer Goods Market Application
Fast Moving Consumer Goods Market Analysis
Fast Moving Consumer Goods Market Share
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