Indian FMCG Market size was valued at US$ 110 Bn. in 2020 and the total revenue is expected to grow at a CAGR of 27.9% through 2021 to 2027, reaching nearly US$ 615.87 Bn.
Indian FMCG Market Overview :
The Indian FMCG Market report amalgamates both primary and secondary research approaches. It contains a thorough analysis of both global and regional market aspects. The report’s profound scrutiny of Indian FMCG Market dynamics and its provision of regional insights collectively establish it as an invaluable resource for potential investors.
Indian FMCG Market Report Scope and Research Methodology:
The report’s aim is to uncover opportunities, constraints, challenges, and drivers within the global Indian FMCG Market . To compile the Indian FMCG Market report, a combination of primary and secondary research methods was employed, ensuring data accuracy and validity. The Stellar Market Research Analyst conducted primary research surveys with identified Indian FMCG Market companies, also inquiring about their competitors during interviews. The analyst also created a list of companies in the sector through secondary research and thoroughly examined macroeconomic and microeconomic aspects that have influenced the sector. industry and conducted a thorough examination of macroeconomic and microeconomic factors that have shaped the Indian FMCG Market industry landscape.
The Indian FMCG Market report encompasses a comprehensive range of analyses. It consists of a SWOT analysis, a PESTLE analysis, and a Porter’s Five Forces analysis, all of which provide valuable information about the benefits and drawbacks of significant companies markets understanding of these entities.
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Driving Factors:
When we talk about FMCG, the first thought that lingers in our mind are products that are consumed on a daily basis. The increasing disposal income in rural India and low penetration level in rural market are propelling the Indian FMCG sector at an accelerating speed.
The focus on agriculture, MSMEs, education, healthcare, infrastructure and tax rebate under the Union Budget 2019-2027 is expected to directly impact the FMCG sector. These initiatives are expected to increase the disposable income of the common people, especially in the rural area, which will be beneficial for the sector.
The FMCG sector is a vital contributor to India’s GDP, being the fourth largest sector in the economy it creates employment for more than 3 Mn people. Its main elements are household care, personal care and food and beverages. The phenomenal growth of the FMCG industry especially in the tier II and tire III cities in India is mostly due to the improvement in the standard of living of the people of such cities and the rise in the level of disposable income.
Indian FMCG Market Regional Insights :
The regional analysis in the report helps to understand the Indian FMCG Market in various countries by providing different factors such as political, geographic, buying behavior, etc. which are affecting the Indian FMCG Market . The study’s understanding of the various nations and regions’ varied legal restrictions, geographic advantages, distinctive purchasing patterns, etc. aids in the design of market strategies that are germane to and properly applied to particular nations and places. In-depth explanations of each factor, including market size, growth rate, import and export data, are included in the study.
Indian FMCG Market Segmentation:
by Product
Food & Beverages
Pharmaceuticals
Household & Personal Care
Consumer Electronics
Baby and Child Care
Tobacco and Tobacco Products
Petcare
Others
by Demographics
Urban
Rural
by Sales channel
Online
Offline
Supermarket/ Hypermarket
Grocery Stores
Others
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Indian FMCG Market Key Players:
• Cadbury India
• ITC (Indian Tobacco Company)
• Asian Paints (India)
• Procter & Gamble Hygiene and Health Care
• AMUL
• Dabur India
• Britannia Industries
• Marico Industries
• Colgate Palmolive
• PepsiCo
• Unilever
• AB InBev
• Coca-Cola
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Key Questions answered in the Indian FMCG Market Report are:
Key offerings:
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