Fast-moving consumer goods or FMCG Industry India sells nondurable products at relatively low prices. The FMCG industry is the fourth largest area to contribute to India’s economy. FMCG companies sell products like packaged foods, toiletries, personal care products and consumables. The most popular FMCG products are vegetable groceries and dairy products that are sold relatively on a lower margin. The Indian FMCG market was valued at 110$ bn in 2020, which is expected to reach nearly $ 615.87 bn. by 2027. Do you want to know about the companies that contribute to the market value of FMCG? Keep reading!
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Hindustan Unilever is the leading company in the FMCG industry India with almost 12% of the market share. The company has over 70-75 years of presence and holds a great presence among Indian customers. Out of 10, 9 households own at least one HUL brand. The company has three divisions ━ Home Care, Beauty & Personal Care, and Foods and Refreshments. There are 35 famous products under 20 categories. The most popular brands of the HUL are Brooke Bond tea, Sunsilk shampoo, Surf Excel detergent, Close Up toothpaste, and Fair & Lovely.
ITC Limited, or Imperial Tobacco Company, is the second-largest FMCG industry India. Headquartered in Kolkata, the company has the most popular tobacco products such as Gold Flake, Wills Navy Cut, Bristol and food products like Ashirvaad salad, YiPPee noodles, Sunfeast biscuit, personal care products like Savlon etc. Founded in 1910, the company has over 100 years of presence, and today it has around 35oo employees and generates a total of 500 Cr . annual revenue.
Colgate Palmolive is a company in the FMCG industry India that originated in the 19th century. The company entered the industry with toothpaste and candle manufacturing operations and today it is a leader in personal healthcare goods. FMCG products like Colgate Toothpaste, Cibaca, Mouthwash, shampoo, and hair conditioner are the most popular. According to the 2017 and 2018 annual reports of the company, there were 38000 employees who contributed Rs. 12,045 crores revenue generation.
Procter & Gamble Co.
Procter & Gamble, commonly known as P&G, is one of the most well-known and successful FMCG companies in India. The company has three subsidiaries: Procter & Gamble Hygiene and Health Care Limited, Gillette India Limited and a wholly-owned subsidiary called Procter & Gamble Home Products in the US. Being a leading company in FMCG industry India, the company serves almost 650 million people in the country. According to the 2017-2018 Annual Report, the company has a workforce of 125,00o employees.
Nestle is counted among the leading FMCG companies in India, famous for delivering foods and beverage products around the world. Also known as the fastest-growing company in India, it has set its foot in the market with over 200 brands, ranging from global landmarks to regional favorites, and operates in 191 countries. This company in FMCG industry India has eight production sites and four branch offices. With 3% of the market share, it has a market value of 139, 532 Cr.
Amul needs no introduction when it comes to FMCG companies in India. With excellent FMCG stocks, Amul has a strong brand value gained for delivering fast-moving consumer goods, mainly dairy products including Milk, Ice Cream, Curd, Butter, Cheese, Ghee, etc. There is no need to mention that Amul is one of the leading corporations in the FMCG industry India for milk and milk products.
India is a developing country and steadily moving towards growth. FMCG industry India plays a vital role in the country’s growth and development. We have named the significant FMCG companies in India that are meeting the consumer’s requirements. Due to their quality goods and products, they have become a part of every home.