Question

tell me the detail about FMCG industry of India

Answer 1

FMCG is the 4th largest sector in the Indian economy.

Household and Personal Care is the leading segment, accounting for 50 per cent of the overall market.

Hair care (23 per cent) and Food and Beverages (19 per cent) comes next in terms of market shareGrowing awareness, easier access and changing lifestyles have been the key growth drivers for the sector.

The number of online users in India is likely to cross 850 million by 2025. Retail market in India is estimated to reach US$ 1.1 trillion by 2020 from US$ 672 billion in 2016, with modern trade expected to grow at 20 per cent - 25 per cent per annum, which is likely to boost revenues of FMCG companiesPeople are gracefully embracing Ayurveda products, which has resulted in growth of FMCG major, Patanjali Ayurveda, with a revenue of US$ 1.57 billion in FY17.

The company aims to expand globally in the next 5 to 10 years.

Hope it helps...