FMCG industry in India
The Fast-Moving Consumer Goods (FMCG) industry is one of the largest industries in India, with a significant contribution to the country's economy. The industry includes a wide range of products, such as food and beverages, personal care products, household products, and more. Here are some key facts about the FMCG industry in India: Market size: The FMCG industry in India was valued at around USD 52 billion in 2020 and is expected to grow at a CAGR of 9-10% over the next five years. Major players: Some of the major FMCG companies in India include Hindustan Unilever, Nestle India, Procter & Gamble, Dabur India, ITC Limited, Godrej Consumer Products, and Britannia Industries. Distribution network: The FMCG industry in India has a vast and complex distribution network, with companies relying on a mix of wholesalers, distributors, and retailers to reach consumers across the country. Rural market: The rural market in India is a significant contributor to the FMCG industry, accounti...