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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]
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 .
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.
The company now operates in the food and beverages industry, with ~56% of their revenue coming from India while the rest is from their international businesses. After the merger, the company controls Indian and international brands like Tata Salt, Tata Tea, Tetley, Eight O'Clock Coffee, Good Earth Tea, Tata Sampann and Tata Starbucks. [6]
Below is a list of the largest consumer markets of the world, according to data from the World Bank.The countries are sorted by their household final consumption expenditure (HFCE) which represents consumer spending in nominal terms. [1]
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.
Britannia Industries Limited is an Indian multinational food products company, which sells biscuits, breads and dairy products.Founded in 1892, it is one of India's oldest existing companies and currently part of the Wadia Group headed by Nusli Wadia. [2]
Amoy Food; Bright Food; Chaoda Modern Agriculture; COFCO Group; Convenience Retail Asia; Dachan Food; Dairy Farm International Holdings; Foshan Haitian Flavouring & Food Co