Driven by higher volume growth, a revival in rural demand, and steady urban expansion, India's fast-moving consumer goods (FMCG) sector is expected to achieve a 7-9 percent revenue growth in the current fiscal year (FY25). Product realisations are anticipated to rise modestly due to slight increases in the prices of key raw materials in the food and beverages (F&B) segment. Notably, bottled soft drinks have surpassed a 50% penetration rate for the first time. Key findings highlight a resurgence in rural FMCG purchases, despite financial constraints faced by urban households.
This week’s edition of “Indian Retail at a glance” shares insightful articles on India's FMCG sector value sales up 10.2%. Southern India Leads post Covid FMCG Sales surge. 118 D2C Brands That Are Disrupting India’s Consumer Market.
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Indian FMCG sector to see revenue jump 7-9% this fiscal, rural demand surges
Riding on higher volume growth, revival in rural demand and steady urban growth, the fast-moving consumer goods (FMCG) sector in India is projected to see revenue grow 7-9 per cent this fiscal (FY25).
Southern India leads post-Covid FMCG sales surge, Kantar report reveals
In a recent report released by global consumer research firm Kantar, findings revealed a notable surge in consumer spending on fast-moving consumer goods (FMCG) across southern states in India. According to the report, consumers in the region exhibited the highest expenditure on FMCG products, with an average increase of Rs 2,261 per person in 2023 compared to the previous year.
Britannia Industries has announced the appointment of former Reserve Bank of India (RBI) Governor Dr Urjit Patel as an additional Non-Executive Independent Director.
FMCG major Dabur India to kickstart fourth phase of added sugar reduction
Indian fast-moving consumer goods (FMCG) major Dabur India will work towards an average 3 per cent reduction in added sugars across two-thirds of its beverage portfolio, it said in its annual report.
118 D2C Brands That Are Disrupting India’s Consumer Market
India’s direct-to-consumer (D2C) market, which is likely to reach a size of $100 Bn by 2025, has grown exponentially in the last few years. Several factors including the Covid pandemic, higher internet penetration, growth of digital infrastructure and rise in the number of millennials, among others, have shored up the D2C brands.
India's FMCG sector value sales up 10.2%
The FMCG sector in India has witnessed a 10.2% increase in value sales over the 2023-24 fiscal year, according to Kantar.