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Fast-moving consumer goods (FMCG), also known as consumer packaged goods (CPG) [1] or convenience goods, are products that are sold quickly and at a relatively low cost. Examples include non-durable household goods such as packaged foods , beverages , toiletries , candies , cosmetics , over-the-counter drugs , dry goods , and other consumables .
In the last 10 years, the revenue in FMCG industry in India has been growing at the rate of 21.4%. [2] There was a drastic change in revenues in FMCG sector growing from US$31.6 billion to US$52.8 from 2011 to 2017-2018 respectively. [3]
Hindustan Unilever Limited (HUL) is an Indian fast-moving consumer goods company, headquartered in Mumbai. [3] It is a subsidiary of the Anglo-Dutch company Unilever.Its products include foods, beverages, cleaning agents, personal care products and other consumer staples.
It has a presence across six business segments, namely FMCG, hotels, agribusiness, information technology, paper products, and packaging. [10] It generates a plurality of its revenue from tobacco products. [11] In terms of market capitalization, ITC is the second-largest FMCG company in India and the third-largest tobacco company in the world.
Unilever took full ownership of Frosted Foods in 1957, which it renamed Birds Eye. [16] The US-based Good Humor ice cream business was acquired in 1961. [ 17 ] By the mid-1960s, laundry soap and edible fats still contributed around half of Unilever's corporate profits. [ 11 ]
Dabur Ltd is an Indian multinational consumer goods company, founded by S. K. Burman and headquartered in Ghaziabad. [4] It manufactures Ayurvedic products [5] and fast-moving consumer goods. [6]
The global 3PL market reached $75 billion in 2014, and grew to $157 billion in the US; demand growth for 3PL services in the US (7.4% YoY) outpaced the growth of the US economy in 2014. As of 2014, 80 percent of all Fortune 500 companies and 96 percent of Fortune 100 used some form of 3PL services. [3]
In November 2015, P&G was named the Careers in Africa Employer of Choice 2015 following a survey of over 13,000 African professionals from across the globe. P&G was also recognized as the most desirable FMCG business to work for in Africa. [56] P&G was recognized as one of Forbes World's Most Reputable Companies in 2016, 2017, and 2023. [57 ...