FMCG Market Forecast 2020 – 2027 – Top Key Players Analysis


Posted October 31, 2020 by shaqibakram

Rising disposable income, easy accessibility and availability of products, a drastic growth in young and middle-class population, and rapid urbanization are significant factors surging the growth of the global FMCG market.

 
GMI Research market report focuses on providing an overview of the industry through detailed market segmentation. The report has information related to the overview and scope of the market followed by the key drivers, restraints, and emerging trends in the market. This report is especially designed to include both qualitative and quantitative aspects of the industry in each region and country included in the study.

List of Significant Manufacturers in the FMCG Market include:

Unilever Group
Procter & Gamble Company
The Coca Cola Company
Pepsico Inc
Kimberly-Clark Corporation
Patanjali Ayurved Ltd
Dr Pepper Snapple Group
Revlon, Inc
Johnson & Johnson Services, Inc.
Nestlé S.A.
FMCG Market Drivers and Restraints:

Rising disposable income, easy accessibility and availability of products, a drastic growth in young and middle-class population, and rapid urbanization are significant factors surging the growth of the global FMCG market. People are shifting from rural areas to urban cities to bring economic transformation and change in lifestyle. The change of people to cities is creating a new customer base for various businesses. Changing lifestyle, easy availability of food, and food preference is rising the consumption of FMCG products. In addition to this, the rapid expansion in the grocery stores, e-commerce platforms, and supermarkets, will directly propel the demand of the market. This change of customers toward e-commerce platforms is creating various growth opportunities for the FMCG market.

An increase in adoption of the smartphone is one of the major trends observed worldwide. With the increasingly hectic lifestyle, it has become convenient for consumers to order goods online from any place and at any point in time, thus saving their time and traveling cost. This is encouraging customers to opt for a convenient delivery option. All these factors will further bolster the demand of the FMCG market during the forecast period.

Segmentation: FMCG Market

FMCG Market: By Type

Food & Beverage
Personal Care
Health Care
Home Care
FMCG Market: By Distribution Channel

Supermarkets & Hypermarkets
Grocery Stores
Specialty Stores
E-commerce
Others
FMCG Market: By Region

North America
o United States of America

o Canada

Asia Pacific
o China

o Japan

o India

o Rest of APAC

Europe
o United Kingdom

o Germany

o France

o Spain

o Rest of Europe

RoW
o Brazil

o South Africa

o Saudi Arabia

o UAE

o Rest of the world (remaining countries of the LAMEA region)

About GMI Research

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Last Updated October 31, 2020