CPM | India blog

“Indian Retail at a Glance 19112024"

Written by CPM International | Nov 19, 2024 10:19:01 AM

In this week’s edition of “Indian Retail at a Glance,” we explore how the FMCG sector is poised for growth as rural demand surges and with inflation anticipated to moderate in the coming months, double-digit revenue growth is a possibility in the second half of the fiscal year. To maximize profits due to the disruption caused by Quick commerce FMCG players are not only focusing on urban markets but are also deepening their presence in rural areas and streamlining their inventories and adjusting supply chains.

We also take a closer look at India’s top 10 FMCG companies by market cap that are the major drivers of transformation. Finally, the stock market shows positive momentum as FMCG stocks rally alongside Sensex gains, signaling strong investor confidence in the sector's growth potential.

This week’s edition offers a comprehensive look at recent surveys, providing a holistic view of how the FMCG sector is adapting and poised for accelerated growth in the year's second half. Stay tuned as we continue to track these evolving trends and their impact on the sector's landscape in the coming months.

Click on the heading to read more.

Food inflation to moderate in next 2 quarters, expect double-digit revenue in H2: Marico

According to Marico, food inflation will moderate in the next 2 months, thus boosting urban consumption. Prices may see an increase across FMCG goods, with large FMCG manufacturers absorbing some of the cost.

FMCG companies tighten kirana store supplies amid profitability pinch from q-commerce platforms’ growth

According to a recent report, approximately 2 lakh Kirana outlets have shut due to the rise of quick commerce in metro cities. In order to boost profitability, FMCG manufacturers are streamlining their inventories

Rural demand lifts FMCG sector to 5.7% growth in July-Sept: NielsenIQ

Rural volume growth has surpassed urban market growth for the 3rd straight quarter. Edible oils, packaged atta, spices and other staples contributed to the growth in rural areas
 

Rural India’s appetite for FMCG grows by 60%. What’s behind the surge?

The Kantar and GroupM study highlights a nearly 60 per cent growth in the average FMCG basket size for rural consumers, increasing from 5.8 in 2022 to 9.3 in 2024. 

Top 10 FMCG companies in India by market capitalisation (2024)

Curious to know, which are the top 10 FMCG companies in India? Click on the link above to know the top 10 companies by market capitalisation

FMCG Stocks up as Sensex surges

After a turbulent past few days, FMCG stocks surged led by Colgate-Palmolive, Mrs. Bector’s and many more FMCG companies. With inflation expected to moderate soon, perhaps a great rebound and growth is around the corner.