Indian FMCG Market Overview:
The report provides an analysis of the Indian FMCG market‘s present status and forecasts about its future performance. The thorough analysis of the Indian FMCG market reveals the essential components to help you make better business decisions. The analysis provides a thorough overview of the Indian FMCG market, highlighting prevalent trends. The main constraints, opportunities, and risks facing the market that is predicted to have an impact on its growth during the forecast period are being analyzed by MMR analysts (2022-2029).
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Scope of the Indian FMCG Market:
The latest report by Maximize Market Research on the Global Indian FMCG Market is conducted covering various organizations of the industry from different regions and countries to come up with a 200+ page report. The study is a perfect mixture of qualitative and quantitative information highlighting key Indian FMCG market developments, challenges that industry and competition are facing along with gap analysis and new opportunities available and trends in the Global Indian FMCG Market. The objective is to provide an analysis of significant market players and determine how they affect the broader Indian FMCG market. The report aims to present the analysis of the Global Indian FMCG Market by Segmentation, By Region – North America, Europe, South America, Asia-Pacific, Middle East, and Africa. Besides, the Indian FMCG market report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities.
Indian FMCG Market Segmentation:
Based on the Product Type, the market is segmented into Food & Beverages, Pharmaceuticals, Household & Personal Care, Consumer Electronics, and Others. Food & Beverages segment is expected to hold the largest market shares of xx% by 2027. The changing preferences of the upward middle class families from the urban areas gave importance to food & beverages sector and thus, fuelled the growth in the last few years. India is the world’s second largest producer of food, next only to China, and has the potential of being the largest player in food and agricultural sector. The food processing industry is one of the largest industries in India and is ranked fifth in terms of production, consumption, export, and expected growth. These are the key factor that drives the growth of this segment in the Indian FMCG market during the forecast period 2021-2027.
Based on the Demographics, the market is segmented into Urban and Rural. Rural segment is expected to grow rapidly at a CAGR of xx% during the forecast period. Accounting for a revenue share of around 45 %, rural segment is a large contributor to the overall revenue generated by the FMCG sector in India. Demand for quality goods and services have been going up in rural areas of India, on the back of improved distribution channels of manufacturing and FMCG companies.
Indian FMCG Market Key Players:
• Hindustan Unilever Ltd.
• Nestlé India
• 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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