Indian FMCG Market Report Overview:

According to the research, the Indian FMCG market is expected to grow at a rapid pace during the forecast period. The report provides a comprehensive analysis of the Indian FMCG industry, shedding light on its structure.

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Indian FMCG Market Report Scope and Research Methodology:

The Indian FMCG market report was developed using primary and secondary research methods. The primary research involved surveys and interviews with industry experts, while the secondary research involved collecting data from industry publications, government reports, and other sources.

The report provides a region-wise, segment-wise, and sub-segment-wise analysis of the Indian FMCG market dynamics, market size, market share, and key players. It also includes a list of Indian FMCG key competitors in the industry, along with their revenue, financial status, product portfolio, investments, mergers, acquisitions, and joint ventures. SWOT analysis was used to identify the strengths and weaknesses of the key players, as well as the opportunities and threats facing the Indian FMCG industry. The bottom-up approach was used to estimate the Indian FMCG market size.

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Indian FMCG Market Dynamics:

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 2022-2029 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.

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

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 2023-2029.

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.

Online shopping has become popular in recent past. While offline sales comprising kirana stores continues to dominate the share, being the largest sales channel for overall FMCG retail sales, growth in sales through online shopping trend especially e-commerce is gradually outpacing the growth of FMCG products in offline trade. Post the announcement of demonetization and implementation of GST, the overall online trade is expected to grow at even faster rate with e-commerce. A faster growth in internet user base, broadband data consumption, and rise in smartphone penetration rate and in digital transaction is expected to drive the growth.

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Indian FMCG Key Players:

1. Hindustan Unilever Ltd.
2. Nestlé India
3. Cadbury India
4. ITC (Indian Tobacco Company)
5. Asian Paints (India)
6. Procter & Gamble Hygiene and Health Care
7. AMUL
8. Dabur India
9. Britannia Industries
10. Marico Industries
11. Colgate Palmolive
12. PepsiCo
13. Unilever
14. AB InBev
15. Coca-Cola

Key Questions answered in the Indian FMCG Market Report are:

What was the Indian FMCG Market size in 2022?
What is the expected Indian FMCG market size by 2029?
What will be the CAGR of the Indian FMCG market during the forecast period?
Which region held the largest market share in the Indian FMCG Market?
Which company held the largest share in the Indian FMCG market?
What key trends are likely to emerge in the Indian FMCG market in the coming years?
Who are the Indian FMCG key players in the Indian FMCG industry?
Key offerings:

Market Overview
Market Share
Market Size
Forecast |2023-2029
Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
Market Segmentation- A detailed analysis of each segment and their segments
Competitive Landscape - Leading key players and other prominent key players.
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