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Indian FMCG Market Set to Grow at 27.9% CAGR, Reaching USD 1288.50 Billion by 2030

11-22-2024 01:56 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Indian FMCG Market

Indian FMCG Market

๐‹๐ž๐š๐ซ๐ง ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ž ๐ˆ๐ง๐๐ข๐š๐ง ๐…๐Œ๐‚๐† ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐š๐ง๐ ๐๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ.

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the Indian FMCG Market. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Indian FMCG market, with forecasts outspreading to the year 2030.

๐”๐ง๐ฅ๐จ๐œ๐ค ๐œ๐ซ๐ข๐ญ๐ข๐œ๐š๐ฅ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐›๐ฒ ๐ž๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ข๐ง๐  ๐ญ๐ก๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ฏ๐ข๐š ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค @https://www.maximizemarketresearch.com/request-sample/29038/

๐ƒ๐ข๐ฌ๐œ๐จ๐ฏ๐ž๐ซ ๐ก๐จ๐ฐ ๐ฐ๐ž ๐๐ž๐Ÿ๐ข๐ง๐ž ๐ญ๐ก๐ž ๐ˆ๐ง๐๐ข๐š๐ง ๐…๐Œ๐‚๐† ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฌ๐œ๐จ๐ฉ๐ž ๐š๐ง๐ ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐š๐ฉ๐ฉ๐ซ๐จ๐š๐œ๐ก.

The Indian FMCG market research provides comprehensive information on significant aspects, including those that are expected to drive the industry's growth and upcoming challenges. The competitive environment of the industry, the products marketed by well-known companies, and the investment potential in the Indian FMCG market will all be thoroughly understood by stakeholders. The study covers both the qualitative and quantitative components of the sector. A comprehensive examination of the competition for the Indian FMCG Market is included in the scope of the MMR report.

The report offers a number of new requirements, each with a thorough justification. The Indian FMCG Market was created by consulting both primary and secondary sources of information, including government documents, websites, annual reports, and the opinions of other professionals and academics.

๐”๐ง๐œ๐จ๐ฏ๐ž๐ซ ๐ญ๐ก๐ž ๐ซ๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐จ๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐š๐ง๐ ๐œ๐ก๐š๐ฅ๐ฅ๐ž๐ง๐ ๐ž๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐ˆ๐ง๐๐ข๐š๐ง ๐…๐Œ๐‚๐† ๐Œ๐š๐ซ๐ค๐ž๐ญ.

This study includes a comprehensive analysis of all pertinent data, including market size, growth rate, and import and export by region. The research's geographic analysis makes it possible to comprehend the Indian FMCG market situations in various nations. The Indian FMCG market is made up of the markets in North America, Europe, Asia Pacific, Latin America, Africa, and the Middle East.

๐ƒ๐ข๐ฌ๐œ๐จ๐ฏ๐ž๐ซ ๐ค๐ž๐ฒ ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐  ๐ญ๐ก๐ž ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ˆ๐ง๐๐ข๐š๐ง ๐…๐Œ๐‚๐† ๐Œ๐š๐ซ๐ค๐ž๐ญ :

The Indian FMCG Market size was valued at USD 230.14 Billion in 2023, and the total Indian FMCG revenue is expected to grow at a CAGR of 27.9 % from 2024 to 2030, reaching nearly USD 1288.50 Billion by 2030.

๐†๐ž๐ญ ๐š ๐œ๐ฅ๐จ๐ฌ๐ž๐ซ ๐ฅ๐จ๐จ๐ค ๐š๐ญ ๐ญ๐ก๐ž ๐ ๐š๐ฆ๐ž-๐œ๐ก๐š๐ง๐ ๐ข๐ง๐  ๐ฉ๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐  ๐ฌ๐ฎ๐œ๐œ๐ž๐ฌ๐ฌ :https://www.maximizemarketresearch.com/contact-us/

๐›๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ ๐“๐ฒ๐ฉ๐ž

Food & Beverages
Personal Care
Household Care
Health & Wellness
Others

increased urbanization, shifting lifestyles, and increased disposable incomes have all contributed to the Food & Beverages segment's dominance of the Indian FMCG market in 2023, according to product type. The increasing demand for packaged snacks, ready-to-eat meals, beverages, and convenience foods favors this market. The market is significantly shaped by prominent Indian FMCG businesses such as Britannia Industries, ITC, and Nestlรฉ India. Products like Britannia biscuits, PepsiCo drinks, and Maggi noodles have become commonplace in homes. This market sector is also developing as a result of consumers' increasing choice for healthier food options including organic and fortified meals. Further solidifying the Food & Beverages sector's dominance in the Indian market, the growing popularity of e-commerce platforms also makes food products more accessible.

๐›๐ฒ ๐ƒ๐ข๐ฌ๐ญ๐ซ๐ข๐›๐ฎ๐ญ๐ข๐จ๐ง ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ

Traditional Retail
Convenience Stores
Super Markets
Hyper Markets
Online
Others

Based on the Sales Channel, the Online Retail segment has dominated the market in 2023 and is expected to maintain its dominance through the forecast period with an increasing CAGR. Online shopping has become popular in recent years. While offline sales comprising Kirana stores continue to dominate the share, being the largest sales channel for overall Indian FMCG retail sales, growth in sales through online shopping trends especially e-commerce is gradually outpacing the growth of Indian FMCG products in offline trade. Post the announcement of demonetization and implementation of GST, the overall online trade is expected to grow at an even faster rate with e-commerce. A faster growth in internet user base, broadband data consumption, and a rise in smartphone penetration rate and digital transactions are expected to drive the growth.

๐›๐ฒ ๐๐ซ๐ข๐œ๐ž

Segment Premium
Mid-range
Economy

๐›๐ฒ ๐„๐ง๐-๐”๐ฌ๐ž๐ซ

Households
Commercial

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐๐š๐ญ๐š ๐š๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐›๐ฒ ๐ฏ๐ข๐ž๐ฐ๐ข๐ง๐  ๐ญ๐ก๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž @https://www.maximizemarketresearch.com/request-sample/29038/

๐‹๐ž๐š๐ซ๐ง ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ž ๐ญ๐จ๐ฉ ๐ฉ๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐  ๐ข๐ง๐ง๐จ๐ฏ๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐ก๐ž ๐ˆ๐ง๐๐ข๐š๐ง ๐…๐Œ๐‚๐† ๐Œ๐š๐ซ๐ค๐ž๐ญ :

1. Hindustan Unilever Limited (HUL)
2. Procter & Gamble (P&G)
3. Nestlรฉ India
4. ITC Limited
5. Dabur India Limited
6. Godrej Consumer Products Limited (GCPL)
7. Marico Limited
8. Britannia Industries
9. Colgate-Palmolive (India) Limited
10. Parle Products Pvt. Ltd.
11. Coca-Cola India
12. PepsiCo India
13. Amul (Gujarat Co-operative Milk Marketing Federation)
14. Mahindra Agribusiness
15. Patanjali Ayurved Limited
16. Reckitt Benckiser India Ltd.
17. Asian Paints Limited
18. Bajaj Consumer Care Ltd.
19. Emami Limited
20. Kama Ayurveda
21. Other

๐†๐ž๐ญ ๐š๐ง๐ฌ๐ฐ๐ž๐ซ๐ฌ ๐ญ๐จ ๐œ๐ซ๐ข๐ญ๐ข๐œ๐š๐ฅ ๐ช๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐ฌ๐ก๐š๐ฉ๐ข๐ง๐  ๐ญ๐ก๐ž ๐ˆ๐ง๐๐ข๐š๐ง ๐…๐Œ๐‚๐† ๐Œ๐š๐ซ๐ค๐ž๐ญ :

What is Indian FMCG ?
What is the growth rate of the Indian FMCG Market?
Which are the factors expected to drive the Indian FMCG market growth?
What is the CAGR at which the Indian FMCG market will grow during the forecast period?
What are the different segments of the Indian FMCG Market?
Which is the fastest growing region in the Indian FMCG market?
What growth strategies are the players considering to increase their presence in Indian FMCG ?
What are the upcoming opportunities and trends for the Indian FMCG Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Indian FMCG Market?
Who are the leading companies and what are their portfolios in Indian FMCG Market?
What segments are covered in the Indian FMCG Market?
Who are the key players in the Indian FMCG market?

๐†๐š๐ข๐ง ๐š๐œ๐œ๐ž๐ฌ๐ฌ ๐ญ๐จ ๐ฏ๐š๐ฅ๐ฎ๐š๐›๐ฅ๐ž ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก ๐ญ๐ก๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ฅ๐ข๐ง๐ค @https://www.maximizemarketresearch.com/request-sample/29038/

๐†๐ž๐ญ ๐š ๐œ๐ฅ๐จ๐ฌ๐ž๐ซ ๐ฅ๐จ๐จ๐ค ๐š๐ญ ๐ญ๐ก๐ž ๐ ๐š๐ฆ๐ž-๐œ๐ก๐š๐ง๐ ๐ข๐ง๐  ๐ฉ๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐  ๐ฌ๐ฎ๐œ๐œ๐ž๐ฌ๐ฌ :

Past Size and Competitive Landscape
โ€ข Past Pricing and price curve by region
โ€ข Size, Share, Size Forecast by different segment
โ€ข Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region
โ€ข Segmentation A detailed analysis by segment with their sub-segments and Region
โ€ข Competitive Landscape Profiles of selected key players by region from a strategic perspective

โ™ฆ ๐‚๐ก๐ž๐œ๐ค ๐จ๐ฎ๐ญ ๐จ๐ฎ๐ซ ๐ญ๐ซ๐ž๐ง๐๐ข๐ง๐  ๐ฌ๐ญ๐ฎ๐๐ข๐ž๐ฌ ๐ญ๐จ ๐ฎ๐ง๐๐ž๐ซ๐ฌ๐ญ๐š๐ง๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฌ๐ก๐ข๐Ÿ๐ญ๐ฌ :

โ™ฆ Workplace Services Market https://www.maximizemarketresearch.com/market-report/global-workplace-services-market/55688/

โ™ฆ Edible Oils Market https://www.maximizemarketresearch.com/market-report/edible-oils-market/125464/

โ™ฆ Lighting Product Market https://www.maximizemarketresearch.com/market-report/lighting-product-market/11116/

โ™ฆ Outboard Boat Market https://www.maximizemarketresearch.com/market-report/outboard-boat-market/147038/

โ™ฆ App Analytics Market https://www.maximizemarketresearch.com/market-report/global-app-analytics-market/24816/

โ™ฆ Encoder Market https://www.maximizemarketresearch.com/market-report/global-encoder-market/34930/

โ™ฆ Global Oral Clinical Nutrition Supplements Market https://www.maximizemarketresearch.com/market-report/global-oral-clinical-nutrition-supplements-market/42116/

โ™ฆ Global Duplex Stainless Steel Market https://www.maximizemarketresearch.com/market-report/global-duplex-stainless-steel-market/32100/

โ™ฆ Global Triacetin Market https://www.maximizemarketresearch.com/market-report/global-triacetin-market/33334/

โ™ฆ Remote Desktop Software Market https://www.maximizemarketresearch.com/market-report/remote-desktop-software-market/145737/

๐‘๐ž๐š๐œ๐ก ๐Ž๐ฎ๐ญ ๐ญ๐จ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐Ÿ๐จ๐ซ ๐ˆ๐ง-๐ƒ๐ž๐ฉ๐ญ๐ก ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐š๐ง๐ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ :

MAXIMIZE MARKET RESEARCH PVT. LTD.
3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
sales@maximizemarketresearch.com
www.maximizemarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

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