Report Format: PDF
Published Date: Dec-2018 | 172 Pages | Report ID: VSR00879
Global Fast-Moving Consumer Goods (FMCG) Market or Consumer Packaged Goods (CPG) Market showed crucial growth in the recent years and is anticipated to witness a steep rise by generating an estimated revenue of US$ xx.xx billion over the forecast period. According to the latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 4.21% during the forecast period that is 2017-2025. The growing internet popularity over the past quarter century and the rise of the brand community phenomenon have contributed significantly to the demand for FMCGs same time boost the consumer packaged goods market during the forecast period.
Global Fast-Moving Consumer Goods (FMCG) Market Size, Share Analysis, By Region 2017
Fast-Moving Consumer Goods (FMCG) Market or Consumer Packaged Goods (CPG) is products that are sold quickly and at a relatively low cost. Those products are non-durable goods such as packaged foods, beverages, toiletries, over-the-counter drugs, and other consumables. Number of the fast-moving consumer goods has short shelf life, that’s why the product have high consumer demand or as the result of fast delivery. Some of the Fast-Moving Consumer Goods (FMCG) products are meats, fruits, vegetables, dairy products, and baked goods are highly perishable. In additional products like pre-packaged foods, soft drinks, candies, and toiletries have high turnover rates. Sales are sometimes influenced by holiday and/or seasonal periods and also by the discounts offered.
The growing internet popularity over the past quarter century and the rise of the brand community phenomenon have contributed significantly to the demand for FMCGs. For example, according to German research group AGOF's internet facts, 73% of Germany's population is online. Additionally, 83.7% of internet users claim to use the web to search for information and 68.3% to shop online.
Fast-Moving Consumer Goods (FMCG) Market: Secondary Research
To recognize and collect authentic and market-oriented information crucial for the research study, several secondary sources have been approached and referred. Press releases, white papers, companies annual reports, investor presentations, and articles present on trustworthy websites, databases, and certified publications are some of the significant secondary research sources that have been used to prepare the report. The data collected as secondary data have been obtained from various reliable journals and associations such as Smart Ticketing Alliance, Association of Professional Social Compliance Auditors, General Service Administration, Department of Transportation, and Association for Intelligent Transport Systems to reach to the market numbers or size. The data obtained through secondary sources has been validated through primary research.
Fast-Moving Consumer Goods (FMCG) Market: Primary Research
For conducting primary research, several primary sources of the demand, as well as supply sides, have been approached and interviewed for obtaining quantitative and qualitative information crucial for the report. Vice Presidents, CEOs, technology directors, Product Managers, Marketing Directors and other executives of giant market players and organizations operating in fast-moving consumer goods (FMCG) market or consumer packaged goods (CPG) market are included as primary sources of the supply side.
After performing comprehensive engineering of fast-moving consumer goods (FMCG) market or consumer packaged goods (CPG market (which includes market size estimations, calculations regarding market statistics, market forecasting, data triangulation, and market breakdown), detailed and vast primary research has been carried out to collect information along with verifying and validating the significant and critical market numbers arrived at.
Regional Analysis
North America led the global fast-moving consumer good market in 2017 and is projected to be the leading revenue generator market in the global industry over the forecast period in terms of revenue due to rapidly changing lifestyle, high demand for fast food, easy to order and the digital economy. Some of the factors will positively affect market growth and demand such as high demand, easy to order, changing lifestyle, changing food taste, and fast track lifestyle in the coming years. In the U.S. and Canada, is widely demanding in various FMCG products from various sectors including pre-packaged foods, soft drinks, candies, and toiletries is projected to boost the global market growth and demand in coming years. Recent years The Asia Pacific showing its high revenue collecting from this industry and projected to be the fastest growing industry during the forecast period. Some of the developing countries such as China, Japan, India, Australia, and other major demanding countries will contribute significant growth, demand, and revenue in forecasted years. China will witness healthy demand and significant growth in this industry in the coming years due to rapid development in these sectors as well as high demand generating from various sectors.
Key Players Landscape
Some of the major key players in the global FMCG market includes Nestle AG, Johnson & Johnson, Procter & Gamble, PepsiCo, Unilever, AB InBev, Coca Cola, JBS, Phillip Morris, L’Oréal and much more startup staring their won online portal for sale their products same time new companies doing high investment in this sector that are food, soft drink, wine beer, packed meal, pre-packaged foods, candies, and toiletries.
Global Fast-Moving Consumer Goods (FMCG) Market Study Report Offer You!
The global market study report gives an idea about market size, share, stock, equity, investment, and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities, and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review, and market predication & projection to develop effective strategies for optimizing their market position.
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