#FMCG sector

[foxnangelseo]

FMCG Industry in India Registers Impressive Growth: A Boon for Investment

The Fast-Moving Consumer Goods (FMCG) sector in India has showcased remarkable resilience and growth in the recent June quarter, according to the latest estimates released by NIQ India (formerly NielsenIQ). The quarter witnessed a substantial 12.2% value growth, driven by a confluence of factors such as easing inflation and promising signs of recovery in rural areas. This growth percentage was notably 1.3% higher than the same quarter last year and 2% higher than the preceding March quarter, indicating a positive trajectory for the industry.

One of the most notable aspects of this growth story is the volume expansion. The FMCG sector saw a significant 7.5% volume growth in the June quarter, marking the highest rate observed in the past eight quarters. Rural markets, in particular, stood out with an impressive 4% volume growth, a substantial improvement compared to the mere 0.3% growth seen in the March quarter and a significant turnaround from the -2.4% contraction witnessed in the same quarter of the previous year. Urban areas also experienced a surge in growth momentum, recording a robust 10.2% volume growth, effectively doubling from the 5.3% recorded in the previous quarter.

NIQ India's analysis of the quarter's performance highlights it as the most promising period in the last year and a half, exhibiting positive growth trends across all vectors. The moderation of India's inflation rates and a decline in food inflation have fostered consumer confidence and increased spending, which is evident in the thriving retail channels across the country. This positive trend in price growth, particularly within food categories, is expected to resonate throughout the buildup to the festive season, further stimulating consumer engagement.

Food categories emerged as the drivers of consumption growth within the sector, with an impressive 8.5% volume increase compared to the previous year. Among these categories, staple and impulse items notably propelled the overall sector growth. Interestingly, consumers in urban centres demonstrated a propensity for habit-forming categories, signifying a return to familiar choices.

The revival of consumption in rural areas bolstered non-food categories, contributing to a substantial 5.4% volume growth in the June quarter compared to the previous year. However, personal care categories continue to face challenges in rural regions. On the other hand, urban areas witnessed an encouraging surge in non-food category volume growth, surging from 3.9% in Q1'23 to 8.9% in Q2'23.

The distribution channels within the FMCG sector also witnessed exciting trends. Modern trade witnessed double-digit volume growth, while traditional trade experienced a commendable rise in volumes, increasing from 1.9% in Q1'23 to 6.2% in Q2'23. This resurgence in rural markets, previously grappling with opposing trends, is primarily attributed to the non-foods segment. The conjunction of this with over 21% growth in modern trade bodes well for the forthcoming festive seasons, as per Roosevelt D’Souza, Lead of Customer Success at NIQ India.

Despite an upward trend in average pack size growth, a negative trend persisted across markets, excluding urban areas. This dynamic reflects the evolving consumer preferences and the industry's agility in adapting to changing demands.

This favourable trajectory of the FMCG sector in India presents a compelling scenario for investment opportunities in India. The growth across diverse categories, along with the resilience demonstrated in both urban and rural markets, underscores the sector's potential for sustained development. As the recovery gains traction and consumer spending gains momentum, investors could find this sector a strategic avenue to explore, capitalising on India's FMCG industry's robust performance and future growth prospects.

This post was originally published on: Foxnangel

#Business expansion #business growth #business opportunities in india #FMCG Sector #Foreign Direct Investment #Fox&Angel #FoxNAngel #India market entry #Indian market #Invest in India #Investment in india

[harshalj79]

Sugar-free Products Market by Type (Beverages, Food Products, Tabletop, Others); Sweetening Type (Sugar Substitute-sweetened Sugar-free Products, Naturally Sweetened); Distribution Channel (Supermarkets & Hypermarkets, Others) - Global Forecasts to 2029

#Sugar-free Products Market #Sugar-free Products #Sugar-free #food #food and nutrition #food industry #food and beverages #fmcg industry #fmcg sector #cpg

[smeventure]

Favorable MSME opportunities in the FMCG sector of India

The MSME enterprise in India has touched new heights with the advent of a greater variety of participation in the sector. It is a very properly acknowledged fact that MSME groups as soon as registered with the Ministry of MSME via the portal distributed to them get an ample quantity of guides to thrive within the area and scale up very speedy and additionally in a natural way. The contribution of the MSME quarter to India’s enterprise quarter is commendable. They have an effect on  the complete MSME zone closer to the country’s GDP is thinking-boggling. There are a lot of MSMEs that are slowly attempting to faucet into various sectors relying upon the stage of demand they are capable to identify. One such occasion is the FMCG sector. There are a lot of possibilities for MSMEs in the FMCG industry. The subcontinent of India is populated by a vast majority of people belonging to a one-of-a-kind category and strata. There is a massive demand for quality merchandise in all components of the country. The small business enterprises and the entrepreneurs that want to carry reforms in the FMCG area can surely locate areas of enhancement inside this sector and act accordingly. As per many surveys and research carried out over a considerable amount of time, the demand for FMCG merchandise has been steadily on the rise. There are many elements that make a contribution in the direction of this legit demand. One of the main elements that are accountable is the birth rate and formative years populace of the us of a belonging to the age of eighteen to twenty-five years. Contrary to some opinion there is a severe lack of excessive excellent and more cost effective selections to the FMCG products that are bought presently in India. The pinnacle 10 FMCG organizations of India are Hindustan Unilever Limited, Colgate Palmolive, ITC Limited, Nestle, Parle Agro, Britannia, Marico, Procter & Gamble, Godrej, AMUL. These pinnacle FMCG groups in India comprises of the majority of the market share. FMCG comes under the class of crucial commodities and subsequently the excellent standard has to be maintained very carefully. Fast-moving patron items (FMCG) or customer packaged items (CPG) are merchandise that are offered quickly and at exceptionally low cost. Examples encompass non-durable items such as soft drinks, toiletries, over-the-counter drugs, processed meals and many different consumables. In contrast, long lasting items or major appliances such as kitchen home equipment are usually changed over a period of countless years. These gadgets are intended for every day of frequent consumption and have a excessive return. The above listing stated some of the most worthwhile quick moving consumer items manufacturers in India. Rural areas predicted to be the major driver for FMCG, as increase continues to be excessive in these regions. Rural areas noticed a 16%, as towards 12% upward jostle in city areas. Most companies rushed to capitalize on this, as they rapidly went about increasing direct distribution and supplying higher infrastructure. Companies are additionally working toward developing unique products specially centered for the rural market. The Government of India has also been helping the rural populace with greater minimum support fees (MSPs), mortgage waivers, and disbursements via the National Rural Employment Guarantee Act (NREGA) programme. These measures have helped in lowering poverty in rural India and given a boost to rural purchasing power. Hence rural demand is set to upward shove with rising incomes and larger consciousness of brands. The Urban tendencies have additionally been altering pretty rapidly. With the increase in disposable incomes, mid- and high-income customers in urban areas have shifted their buying vogue from crucial to premium products. In response, corporations have began improving their premium merchandise portfolio. Indian and multinational FMCG gamers are leveraging India as a strategic sourcing hub for cost-competitive product improvement and manufacturing to cater to international markets. The majority of the Global firms seem to be at India as one of the key emerging markets the place future increase is extra in all likelihood to emerge. The growth in India’s client market would be specifically pushed via a favorable populace composition and growing disposable incomes. There is a massive inflow of investments from overseas traders into the Indian market. These gamers are very clever in assessing the overall condition of the financial system and make a strong decision. As per the modern FMCG enterprise analysis, there is a big void that the MSME zone can assist to fulfill if they play and strategically enter this market. There are lots of possibilities inside this zone that is entirely absent in the different sectors. It relies upon upon on the expertise of the MSME entrepreneurs and their strategies of tackling the troubles at hand and turning in excessive great FMCG merchandise to the frequent Indian households. The FMCG market dimension is India is very enormous and in closely underserved. Each and each phase of the usa does have its honest share of FMCG businesses however the out satisfactory is both bad of the fees are relatively higher than the first-rate of merchandise that are served to the humans of that region. It is solely in the hobby of the pinnacle 10 FMCG zone groups in India that the majority of the outlets are reliant upon. It is very important for an financial system to have its enterprise segments properly segregated and that starts with the introduction of the entry of the MSMEs in India’s big FMCG sector. Over the years, the small scale quarter in India has stepped forward from the production of easy purchaser items to the manufacture of many sophisticated and precision merchandise like electronics manage systems, micro wave components, electro scientific equipment’s, etc. The process of monetary liberalization and market reforms has similarly exposed these firms to growing ranges of home and global competition. With the amplify in the use of digital science majority of the Indian buyers would be influenced and would spend more than common cash and therefore increase the overall performance of the MSMEs that are running inside the FMCG zone and will in all likelihood reshape the future of the FMCG quarter in India.

#msme #sme #economy #fmcg #fmcg industry #government #food #enterpreneur #smallbuisnessowner #smallbusiness #fmcg sector

[plglobal]

What is FMCG? – Characteristics, Types, Examples

Introduction

Products that are in high demand, are sold quickly, and have reasonable prices are fast-moving consumer goods (FMCG). Sometimes we call them consumer packaged goods (CPG). Because consumers use these products frequently, they are “fast-moving” goods because they are quick to disappear from a store or supermarket’s shelves.

Characteristics of FMCG

FMCG items are different from other sorts of products by a number of essential qualities. PL Global Impex Pte Ltd. will guide you to the characteristics from both consumer and retailer perspective, as follows:

CHARACTERISTICS OF FMCG FROM THE CONSUMER PERSPECTIVE:

Rapid consumption: 

The interval between the product’s purchase and use is typically only a few hours. For instance, a loaf of bread might be bought in the morning and eaten at noon the same day.

Low cost: 

Because FMCGs are frequently affordable in comparison to other products on the market, they eat less of the money of consumers.

Low buying effort:

FMCG purchases are typically easy for consumers to make. For instance, most people already know they favor a certain brand or type of shampoo without having tried it. This indicates that the majority of individuals go into stores prepared to make an immediate purchase.

Purchased frequently:

FMCGs are items that consumers regularly need, typically daily or nearly daily. For instance, people typically purchase bread and coffee at least once every week.

High availability:

FMCG products are often easily accessible and offered in a variety of retailers and supermarkets around the world. This makes it possible for customers to buy these things quickly and easily.

Read more, Click here...

Website: https://plglobal.com/

Email: [email protected]

#fmcg companies #fmcg distributors #fmcg sector

[pacpack-machineries]

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[krazyshoppy]

भारत में कैसे हुआ कैंपा कोला का जन्म, जिसे रिलायंस इंडस्ट्रीज ने खरीद लिया, जानिए पूरी कहानी

भारत में कैसे हुआ कैंपा कोला का जन्म, जिसे रिलायंस इंडस्ट्रीज ने खरीद लिया, जानिए पूरी कहानी

Story Of Campa Cola: साल 1949… भारत (India) में पहली बार किसी विदेशी सॉफ्ट ड्रिंक कंपनी (Soft Drink Company) की एंट्री हुई, जिसका नाम था कोका कोला (Coca Cola). पहले ये अमीर लोगों की पसंद बनी फिर साल 1970 तक आम लोगों को भी इसका चस्का लग गया. फिर देश में इमरजेंसी (Emergency) लगी और इमरजेंसी के बाद नई बनी जनता सरकार ने कोका कोला को भारत से आउट कर दिया. अब लोगों को सॉफ्ट ड्रिंक चाहिए थी तो ऐसे में…

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[rudrjobdesk]

उधार के पैसों से रखी थी Baba Ramdev ने Patanjali की नींव, अब दे रही हैं बड़ी कंपनियों को टक्कर

उधार के पैसों से रखी थी Baba Ramdev ने Patanjali की नींव, अब दे रही हैं बड़ी कंपनियों को टक्कर

योगगुरू बाबा रामदेव इस समय कई बड़ी बिमारियों की दवाई ढूंढ रहे हैं. इसी कड़ी में रामदेव (Baba Ramdev) की संस्थान पतंजलि आयुर्वेद (Patanjali Ayurved) ने कोरोना वायरस (Coronavirus) की आयुर्वेदिक दवा कोरोनिल (Coronil) आज लॉन्च कर दी है. बता दें कि इससे पहले ग्लेनमार्क फार्मा (Glenmark Pharma) और सिप्ला (Cipla) भारत में कोविड-19 के इलाज के लिए दवा लॉन्च कर चुके हैं. अब देखना होगा की पतंजलि की ये दावा…

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[capitalbajar]

#FMCG sector #FMCG #Indian Economy #Consumer goods #FDI #government

[theexpertinsight1]

Navigating FMCG Evolution: FMCG Sector Experts Consultations With The Expert Insight For Industry Success

Gain exclusive access to FMCG sector stalwarts offering tailored consultations. Experts of The Expert Insight decipher trends in data analytics, supply chain innovations, and shifting consumer behaviours post-COVID-19. Unlock insights into labour management, digital transformation, and market competition strategies. FMCG sector experts consultations empower businesses to adapt to the evolving FMCG landscape, guiding decisions and new product development. Harness specialized expertise, ensuring your brand's resilience and growth in the competitive FMCG market. Elevate your strategies with invaluable insights from industry specialists, steering your business toward triumph amidst industry evolution and change. 

#FMCG sector experts consultation

[deciphertechae]

Marketing Automation Solutions: The Key to Conversion Success in the UAE

In today's rapidly evolving marketing landscape, Staying up-to-date with the latest trends is essential to remaining relevant and competitive. Ahead of the competition. Is essential. With consumers constantly bombarded by brand messages vying for their attention, businesses must stand out and engage effectively. In the United Arab Emirates (UAE), a hub of business and tourism in the Middle East, there are many opportunities for growth and development. Innovation, entrepreneurship, and mastering marketing strategies are paramount for success. Amidst this landscape, marketing automation solutions emerge as the key to unlocking conversion success.

What is automation in marketing?

Marketing automation uses technology to streamline, automate, and measure marketing tasks and workflows, allowing businesses to increase efficiency and drive revenue growth. From email marketing and social media management to customer relationship management (CRM) and analytics, automation tools empower marketers to deliver targeted, personalized experiences at scale.

The Imperative of Marketing Automation

In today's competitive market, the imperative of marketing automation cannot be overstated. For small businesses and e-commerce entrepreneurs in the UAE, automation offers a lifeline, enabling them to compete with larger counterparts on a level playing field. By automating repetitive tasks and workflows, businesses can allocate resources more strategically, focusing on high-impact initiatives that drive results.

Challenges Faced by Small Businesses and E-commerce Entrepreneurs

Despite the promise of automation, small businesses and e-commerce entrepreneurs in the UAE face unique challenges in implementing effective strategies. Limited resources, lack of technical expertise, and fierce competition pose significant hurdles, making achieving meaningful engagement and conversions difficult.

Low Engagement and Conversations

One of the most pressing challenges for businesses in the UAE is low engagement and conversions. With consumers inundated with marketing messages, breaking through the noise and capturing their attention is challenging. Traditional, one-size-fits-all approaches often need to catch up, resulting in lackluster results and wasted resources.

Benefits of Marketing Automation

Fortunately, marketing automation solutions offer myriad benefits that can help businesses overcome these challenges and drive success.

Increased Efficiency and Productivity

Businesses can free up valuable time and resources by automating repetitive tasks such as email scheduling, social media posting, and lead nurturing. This allows marketers to focus on strategic initiatives that drive growth, increasing efficiency and productivity.

Personalized Customer Experiences

One of marketing automation's most powerful capabilities is its ability to deliver personalized customer experiences. Businesses can tailor their messaging and content by leveraging data insights and segmentation to resonate with individual preferences and behaviours, fostering deeper connections and driving engagement.

Enhanced Customer Retention and Loyalty

Customer retention is paramount in an increasingly competitive marketplace. Marketing automation enables businesses to nurture customer relationships throughout the entire lifecycle, from onboarding and purchase to post-sale support and loyalty programs. By delivering timely, relevant communications, companies can foster long-term loyalty and maximize customer lifetime value.

Key Features of Marketing Automation Solutions

When evaluating marketing automation solutions, it's essential to consider critical features that align with your business objectives and needs.

CRM Integration

Integration with a CRM system enables businesses to centralize customer data and streamline communication workflows. This ensures a seamless experience across touchpoints and enables more targeted, personalized marketing efforts.

Analytics and Reporting

Comprehensive analytics and reporting capabilities provide valuable insights into campaign performance, audience engagement, and conversion metrics. Businesses can optimize their marketing strategies and drive improvement by tracking key optimized analyzing trends.

Factors to Consider

When choosing a marketing automation solution, several factors must be considered to ensure the best fit for your business.

Scalability

As your business expands, your marketing automation requirements will change accordingly. Ensure your chosen solution can scale with your company and accommodate future growth without compromising performance or functionality.

Ease of Use

User-friendly interfaces and intuitive workflows are critical for maximizing adoption and productivity. Look for a solution that is easy to use and offers comprehensive training and support resources.

Integration Capabilities

Compatibility with existing systems and third-party integrations is essential for seamless data exchange and workflow automation. Choose a solution with robust integration capabilities that supports your existing technology stack.

Conclusion

In the dynamic UAE market, mastering marketing automation is essential for driving conversion success. By leveraging automation tools and strategies, businesses can overcome challenges, increase efficiency, and deliver personalized experiences that resonate with their target audience. With the right marketing automation solution in place, companies in the UAE can unlock their full "Unlock your potential and attain sustainable growth in a constantly evolving world." digital ecosystem.

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[foxnangelseo]

Godrej Consumer Products' Strategic Investment: Fostering Growth in Tamil Nadu

Godrej Consumer Products Ltd. (GCPL), a prominent player in the fast-moving consumer goods (FMCG) industry, has taken a significant step towards expanding its manufacturing footprint in India. In a recent development, GCPL signed a Memorandum of Understanding (MoU) with the Tamil Nadu government, outlining its plans to establish a state-of-the-art manufacturing facility with an investment of ₹515 crore over the next five years. This strategic move not only showcases GCPL's commitment to India's growth trajectory but also demonstrates its dedication to quality, innovation, and inclusive development.

The proposed manufacturing unit is set to be situated in Thiruporur Taluk, Chengalpattu, near Chennai, granting GCPL greater access to the lucrative southern markets. This location advantage aligns with the company's objective to enhance its reach and influence across the region. The plant will serve as the production hub for several of GCPL's core brands, including household names like Cinthol, Godrej Expert Rich Crème, Godrej Selfie Shampoo Hair Colour, and Goodknight.

Nisaba Godrej, the Executive Chairperson of Godrej Consumer Products, emphasizes the company's overarching vision as she states, "The investment of ₹515 crore over the next five years is in line with GCPL’s long-term strategy to actively participate in India’s growth journey and our unwavering commitment to deliver affordable, best quality, and innovative products to consumers." This commitment goes beyond just business expansion—it encompasses a deep-rooted aspiration to make a positive impact on the community and foster sustainable development in Tamil Nadu.

One remarkable aspect of GCPL's initiative is its dedication to creating job opportunities and promoting diversity and inclusivity. Nisaba Godrej shares, "With the establishment of this facility, we will create over 400 job opportunities in Tamil Nadu. This facility aims to have an inclusive and gender-balanced workforce. Our plan is to employ 50% of women for this facility along with 5% of employees from LGBTQ and people with disability (PWD) communities." This progressive approach to workforce composition reflects GCPL's commitment to championing diversity and promoting equal opportunities for all.

Sudhir Sitapati, the Managing Director and CEO of GCPL echoes the sentiment of strategic expansion and community empowerment. He highlights that the new manufacturing hub will not only support GCPL's diverse portfolio but also bolster its market presence. "It will serve as a manufacturing hub for a wide range of our renowned brands and products, bolstering our market presence further. More importantly, our commitment extends beyond business expansion; we are dedicated to making a positive impact on the community and fostering sustainable development in Tamil Nadu."

The forthcoming manufacturing plant is poised to bring forth several operational advantages for GCPL. The facility is expected to accelerate delivery timelines, optimize inventory management, and significantly reduce overall costs. Furthermore, by expanding its production capabilities, the plant will contribute to GCPL's overall production capacity, further solidifying its position in the FMCG sector.

In conclusion, GCPL's strategic investment in India in setting up a manufacturing facility in Tamil Nadu is a testament to its dedication to quality, innovation, and community development. The company's commitment to fostering diversity, inclusivity, and sustainability while expanding its market presence speaks volumes about its ethos. As GCPL embarks on this exciting journey of growth and transformation, its investment in India underscores its pivotal role in shaping the country's FMCG landscape and contributing to its economic development.

This post was originally published on: Foxnangel

#Business expansion #business growth #FMCG Sector #Fox&Angel #FoxNAngel #Godrej consumer products limited #India market entry #Indian market #Investment in india #investment opportunities in India

[harshalj79]

Rising incidence rate of diabetes, the rising demand for low-calorie foods, and sugar taxes imposed on sugary drinks are the factors driving the sugar-free products market.

#sugar free #sugar free products #no sugar #fmcg #fmcg sector #food

[wnewsguru]

#sharemarketinformation #sharemarketknowledge #sharemarkettips #sharemarketlatestnews #sharemarketoperations #sharemarketearning #sharemarketnews #4fieldbetter #indianstockmarket #sectors #fmcg #pharma #textile #banking #2sector #textileindustry #employmentopportunities

[jackseo]

IoT in FMCG industry raises the bar of delivering quality products on predefined time and standard. To be competitive in the era of connected ecosystems, FMCG businesses must have to integrate IoT into their process. Do you want to boost supply chain management with an IoT solution in FMCG? Then Rejig Digital can be your one-stop trusted partner.

Click here to know more: https://www.rejigdigital.com/blog/fmcg-industry-operational-excellence-breaking-down-barriers-with-iot/

#IoT in FMCG industry #IoT in FMCG sector

[mesgroupp]

MES Group

The MES Group is a vibrant business organisation that offers small and medium-sized businesses, multinational firms, and construction companies in Singapore fully integrated property and logistics solutions. We also provide logistics services for meeting the needs of commercial shipping and warehousing in the demanding corporate, industrial, and FMCG sectors.

#MES Group #FMCG sectors #logistics #warehousing

[kkginfo]

Yogesh Lakhani CMD, Bright Outdoor Media entered the World Book of Records | KKG INFO

Yogesh Lakhani CMD, Bright Outdoor Media entered the World Book of Records | KKG INFO

World Book of Records, UK, an organization that catalogs and certifies unusual records worldwide with authentic certification, Dr. Yogesh Lakhani CMD, Bright Outdoor Media Pvt Ltd listed for 2000 accolades, 5000 awards internationally and 1000 clients in fields. Entertainment Industry, Corporate Sector, FMCG for 33 years. This is not a common feat for any Indian businessman and he is delighted…

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