FMCG Market Research Report

The GMI Research forecasts that the FMCG market is witnessing an upsurge in demand during the forecast period starting from 2020 till 2027. This is mainly due to the continuous urbanization, easy accessibility, and availability of products.

Introduction of the FMCG Market:

The products which are usually get sold quickly and at a lower cost are called FMCG or Fast-Moving Consumer Goods. These products generally include important household items and other daily use products, such as personal care, medicine, food items, laundry, and cleaning products. They have a short shelf life, which is perishable, and broadly available through different platforms, including e-commerce, grocery stores, specialty stores, supermarkets, and other stores.

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

The global FMCG market is witnessing strong growth in the market during the forecast period due to a significant increase in the young and middle-class population, growing disposable income, continuous urbanization, and easy accessibility and availability of products. People are shifting from rural areas to urban cities to create economic transformation and significant changes in lifestyle. The constant shift of people to cities is bringing a new customer base for various businesses. According to the FMCG market report, the growing consumption of FMCG products includes food preference, changing lifestyle, and easy availability of food. The FMG market research illustrates that the rapid development in the e-commerce platforms, supermarkets, and grocery stores, will enhance the demand of the market. This change of customers' preference for e-commerce platforms is creating various growth opportunities for the FMCG market.

As per FMCG market analysis, the emerging trend that is observed worldwide is the high adoption of smartphones. Due to the increasingly hectic lifestyle, it is becoming easy for consumers to order online from any place anytime, thus saving their traveling cost and time. This is encouraging customers to opt for a convenient delivery option. All these factors will enhance the demand for the FMCG industry during the forecast period.

Based on the region, Asia-Pacific is expected to grow at a higher CAGR during the forecast period due to the rapid globalization, urban population, and drastically changing lifestyles of individuals in the region. In addition to this, the high penetration of smartphones and social media influence will accelerate the growth of the market in the Asia-Pacific region.

Key Players of the Global FMCG Market:

·        Unilever Group

·        Procter & Gamble Company

·        The Coca Cola Company

·        Pepsico Inc

·        Kimberly-Clark Corporation

·        Patanjali Ayurved Ltd

·        Dr Pepper Snapple Group

·        Revlon, Inc

·        Johnson & Johnson Services, Inc.

·        Nestlé S.A.

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)

About GMI Research

GMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, including small & medium enterprises and large organizations. Our research team helps the clients to understand the impact of market dynamics such as market size, share, drivers, growth opportunities, and other aspects. We have a team of analysts and industry experts who conduct market intelligence studies to ensure relevant and fact-based research across a wide range of sectors such as FMCG, Technology, Energy, Healthcare, and other industries. We collect relevant information about the industry using both internal and external databases. Our main focus is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.

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