Global FMCG (Fast-Moving Consumer Goods) Market will likely grow at 5.3% CAGR during 2020-2025, as e-commerce builds new consumer base with diverse product offerings, and convenience. The looming covid-19 pandemic will also boost distribution channels like e-commerce with valuation of the market likely to jump from $10,070 bn in 2018 to $15,327 bn in 2025. FMCG market remains a bright spot in the global economy amidst the pandemic, as recognised brand outperformed generic products, despite challenges like fall in incomes.
Growth of Healthcare Products, and Household Items Remains Key
The expansion in e-commerce, and subsequent choices to consumer have played a major role in driving growth in the Fast Moving Consumer Goods Market Today, consumers have the power to purchase ordinary items from around the world through e-commerce. Moreover, the choices aren’t merely a hogwash. Quite the contrary, research shows that choices in FMCG sector often lead to discovery of quality products, more choices, economic options, among other benefits for consumers. Moreover, growth in marketing tools like social media have also led to growth in low-cost marketing channels. This has resulted in major reductions in cost, and opened up doors for influencer-driven marketing, and healthy curiosity of personal care products among women. Moreover, tools like social media marketing has also opened up tracking mechanisms for understanding consumer behaviour on a whole new level. Earlier, tracking consumers in rural areas, and understanding their preferences often remained a tricky task. However, today R&D for new brands, product launches, and expansion in remote corners of the world is a much easier task than ever before. Despite the promising growth of e-commerce, growing consumer base, and new opportunities like social media, the largely consolidated landscape of the FMCG sector will pose a challenge to growth. Arenas like personal care still remain major opportunities for small players in the FMCG market in the near future.
Food and Beverage Segment Will Likely Conquer the Largest Share of Revenues
The food and beverage segment accounted for nearly 90% of the share in the FMCG market. Moreover, the segment continues to find new opportunities, despite major changes in consumer preferences across the globe. Major chains like KFC are forced to think about organic, and vegan delicacies, as conventional options like red meat come increasingly come under the radar of an ever-growing health conscious population. Moreover, the health segment accounted for nearly 5% market share in 2019. The segment will likely grow as personalized care, 3D printing, and government programs like MEDICAID promise to grow in key regions like the US. Thanks to the rising interest, and investment in 3D printing, the segment will likely register fastest growth in the 2020-2025 period. Furthermore, the personal care segment in the FMCG market will grow at nearly 7.0%, thanks to rising efficacy of social media marketing strategies like influencer marketing. Big brands like L’Oréal have jumped the bandwagon to bring social media influencers on-board. This is a potentially a game-changer in the FMCG market as this will likely change cost-structures, and bring about a major change in branding, and strategy.
the major players included in the report:
Pepsi
Kraft
Coca-Cola
Carlsberg Group
Diageo
Nestl SA
SAB Miller
Heineken NV
AB InBev
Dr. Pepper Snapple Group
Kellogg
Link Snacks
Frito-Lay
Cape Cod
Utz Quality Foods
Accolade Wines
Heineken
Carlsberg
Others
Segment by Type:
Snacks
Drinks
Other
Segment by Application:
Household Use
Commercial Use
Other
Get Free Sample:https://crediblemarkets.com/sample-request/fast-moving-consumer-goods-fmcg-market-971739
Production by Region
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
South America (Brazil, Argentina, Columbia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
TOC
1 Report Overview
2 Market Assessment by Type
3 Asia Pacific Fast Moving Consumer Goods (FMCG) Market Assessment by Type
4 North America Fast Moving Consumer Goods (FMCG) Market Assessment by Type
5 Europe Fast Moving Consumer Goods (FMCG) Market Assessment by Type
6 South America Fast Moving Consumer Goods (FMCG) Market Assessment by Type
7 Middle Easr and Africa Fast Moving Consumer Goods (FMCG) Market Assessment by Type
8 World Fast Moving Consumer Goods (FMCG) Market Assessment by Type
9 Company Profiles/Analysis
10 World Fast Moving Consumer Goods (FMCG) Market Assessment by Players
11 Regional Market Performance by Segment of Players
12 Regional Market Performance by Segment of Countries
13 Technology and Opportunity
14 World Fast Moving Consumer Goods (FMCG) Sales & Revenue Forecast 2021-2026
15 Asia Fast Moving Consumer Goods (FMCG) Market Forecast 2021-2026
16 North America Fast Moving Consumer Goods (FMCG) Market Forecast 2021-2026
About Credible Markets:
Credible Markets has emerged as a dependable source for the market research needs of businesses within a quick time span. We have collaborated with leading publishers of market intelligence and the coverage of our reports reserve spans all the key industry verticals and thousands of micro markets. The massive repository allows our clients to pick from recently published reports from a range of publishers that also provide extensive regional and country-wise analysis. Moreover, pre-booked research reports are among our top offerings.
The collection of market intelligence reports is regularly updated to offer visitors ready access to the most recent market insights. We provide round-the-clock support to help you repurpose search parameters and thereby avail a complete range of reserved reports. After all, it is all about helping you reach an informed strategic decision about purchasing the right report that caters to all your market research demands.
Contact US:
Credible Markets Analytics
99 Wall Street #2124 New York, NY 10005
+1(929)-450-2887
Get More Reports : crediblemarketsutility