Indian FMCG Market Expands as Rural Consumption and Tier-2 Cities Drive Demand
Learn about the Indian FMCG Market growth and developments.
Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the Indian FMCG Market. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Indian FMCG market, with forecasts outspreading to the year 2030.
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Discover how we define the Indian FMCG Market scope and research approach.
The Indian FMCG market research provides comprehensive information on significant aspects, including those that are expected to drive the industry’s growth and upcoming challenges. The competitive environment of the industry, the products marketed by well-known companies, and the investment potential in the Indian FMCG market will all be thoroughly understood by stakeholders. The study covers both the qualitative and quantitative components of the sector. A comprehensive examination of the competition for the Indian FMCG Market is included in the scope of the MMR report.
The report offers a number of new requirements, each with a thorough justification. The Indian FMCG Market was created by consulting both primary and secondary sources of information, including government documents, websites, annual reports, and the opinions of other professionals and academics.
Uncover the regional opportunities and challenges in the Indian FMCG Market.
This study includes a comprehensive analysis of all pertinent data, including market size, growth rate, and import and export by region. The research’s geographic analysis makes it possible to comprehend the Indian FMCG market situations in various nations. The Indian FMCG market is made up of the markets in North America, Europe, Asia Pacific, Latin America, Africa, and the Middle East.
Discover key segments driving the growth of the Indian FMCG Market :
The Indian FMCG Market size was valued at USD 230.14 Billion in 2023, and the total Indian FMCG revenue is expected to grow at a CAGR of 27.9 % from 2024 to 2030, reaching nearly USD 1288.50 Billion by 2030.
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Indian FMCG Market segmentation :
by Product Type
Food & Beverages
Personal Care
Household Care
Health & Wellness
Others
increased urbanisation, shifting lifestyles, and increased disposable incomes have all contributed to the Food & Beverages segment's dominance of the Indian FMCG market in 2023, according to product type. The increasing demand for packaged snacks, ready-to-eat meals, beverages, and convenience foods favours this market. The market is significantly shaped by prominent Indian FMCG businesses such as Britannia Industries, ITC, and Nestlé India.
by Distribution Channel
Traditional Retail
Convenience Stores
Super Markets
Hyper Markets
Online
Others
According to the sales channel, the online retail sector led the market in 2023 and is anticipated to continue to do so at a growing compound annual growth rate (CAGR) throughout the forecast period. In recent years, online shopping has grown in popularity. Even while offline sales, which include Kirana stores, still account for the majority of all Indian FMCG retail sales, the expansion of online shopping trends, particularly e-commerce, is steadily surpassing the growth of Indian FMCG products in offline trade.
by Price Segment
Premium
Mid-range
Economy
by End-User
Households
Commercial
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Learn about the top players driving innovation in the Indian FMCG Market :
1. Hindustan Unilever Limited (HUL)
2. Procter & Gamble (P&G)
3. Nestlé India
4. ITC Limited
5. Dabur India Limited
6. Godrej Consumer Products Limited (GCPL)
7. Marico Limited
8. Britannia Industries
9. Colgate-Palmolive (India) Limited
10. Parle Products Pvt. Ltd.
11. Coca-Cola India
12. PepsiCo India
13. Amul (Gujarat Co-operative Milk Marketing Federation)
14. Mahindra Agribusiness
15. Patanjali Ayurved Limited
16. Reckitt Benckiser India Ltd.
17. Asian Paints Limited
18. Bajaj Consumer Care Ltd.
19. Emami Limited
20. Kama Ayurveda
21. Other
Get answers to critical questions shaping the Indian FMCG Market
What is Indian FMCG ?
What is the growth rate of the Indian FMCG Market?
Which are the factors expected to drive the Indian FMCG market growth?
What is the CAGR at which the Indian FMCG market will grow during the forecast period?
What are the different segments of the Indian FMCG Market?
Which is the fastest growing region in the Indian FMCG market?
What growth strategies are the players considering to increase their presence in Indian FMCG ?
What are the upcoming opportunities and trends for the Indian FMCG Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Indian FMCG Market?
Who are the leading companies and what are their portfolios in Indian FMCG Market?
What segments are covered in the Indian FMCG Market?
Who are the key players in the Indian FMCG market?
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Get a closer look at the game-changing products driving success :
Past Size and Competitive Landscape
Past Pricing and price curve by region
Size, Share, Size Forecast by different segment
Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Segmentation A detailed analysis by segment with their sub-segments and Region
Competitive Landscape Profiles of selected key players by region from a strategic perspective
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