Top Fmcg Companies In India - Have you ever wondered about FMCG companies in India? What are they? How did they become so important in our daily activities?
Let's take a deeper look into the FMCG sector and also take a look at the top 10 FMCG companies in India, a list of the market leaders.
Top Fmcg Companies In India
Almost everyone relies on consumer goods companies for products that meet our basic needs. FMCG products are those that are made for quick consumption and have a short shelf life that are mass-produced at low costs. They play an important role in the Indian economy as they touch every part of human life. Companies selling FMCG products always have an extensive distribution network with a large inventory turnover.
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The Indian urban sector accounts for a revenue share of about 55% and according to the survey, it has become the largest contributor to the total revenue generated by the FMCG sector. Although in the last few years FMCG sector has grown at a higher rate in rural India than in urban India.
On the other hand, the Internet has contributed greatly, providing a cheaper and more convenient way to increase the reach of FMCG companies. According to the E-commerce in FMCG report, it is estimated that 40% of the total consumption of FMCG products will be done online by 2020 in India. In the entire Indian economy, it is the fourth largest leading sector and provides employment to more than three million people.
FMCG stands for Consumer Goods. The FMCG sector can broadly be divided into two categories, regulated and unregulated. FMCG regulated brands include medium and large market players whose products are available all over the country. While the unorganized sector consists of small firms that sell products within a small geographical area in the country.
Moreover, this industry includes many products that can be divided into several different categories, namely, processed food, prepared meals, frozen food, dry goods, baked goods, beverages, medicines, cosmetics, toiletries, cleaning products, and office supplies. These goods are sold in bulk, at low prices, and are often quickly bought and consumed.
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Let's have a look at the top FMCG companies operating across the country with a wide distribution network to sell their goods.
HUL is one of India's largest consumer goods companies and is a subsidiary of Unilever, a British-Dutch company. It was incorporated in the year 1933 and is headquartered in Mumbai. Hindustan Unilever is a leading supplier of food, beverages, cosmetics, personal care and home care products with 190 offices in different countries.
Their products are available in more than 8 million outlets across India. The company owns more than 44 brands in 14 different categories and has served more than 2 billion satisfied consumers for 80 years. In March 2020, HUL signed an agreement with Glenmark Pharmaceuticals Limited to acquire its intimate brand called VWash.
ITC Limited was incorporated in the year 1910, and is headquartered in Kolkata, West Bengal. The company has evolved into a premium brand with a multi-business portfolio that includes consumer goods, comparative food, agriculture, paperboard and specialty papers, hospitality and information technology. They have always guaranteed a certain standard in packaging and production.
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ITC Ltd. has an excellent distribution network and its products are sure to reach most of the rural areas through retail stores in India. The total value of sales of the company is Rs. 76,097 crore for the year ended 31st March 2020 and over 60 new products in 2019-20.
Nestle India is a leading global food and beverage company, headquartered in Switzerland. After more than 150 years of association with the country, it is presently present all over India with 8 manufacturing facilities and 4 subsidiaries. To date, they have launched more than two thousand brands ranging from global product icons to local favorites present in some 187 countries around the world. Nestlé also ranks highly among the companies with the highest share price in India.
The main focus of the company is to develop products that are beneficial to healthy living and improve people's quality of life. Nestle sells a variety of products including health foods, breakfast cereals, milkshakes, beverages, instant foods, bottled water, etc. The company is committed to social responsibility and has helped more than 15 million children live better lives. For the development, Nestle plans to invest Rs. 700 million for the opening of a new factory in Sanand for Maggi Company in 2020.
Britannia Industries Limited is another prominent FMCG company in India with a heritage of over 100 years, established in the year 1892 in Kolkata. Britannia's range of products includes pastries, cakes, biscuits, bread and dairy products including milk, yoghurt, drinks and cheese. Currently, their products are available in over five million retail outlets and over 50% of Indian households are proud users of their grocery range.
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The company's ethos is summed up in its motto "Eat Healthy". I think better." Britannia is also known as the Zero Trans Fat Company because they have removed 85,000 tons of trans fats from their products. They have an extensive distribution network in 60 other countries.
Marico was incorporated in the year 1990 in Mumbai. The company has a golden past in manufacturing everyday products such as skin care products, edible oils, hair care, fabric care, men's care, and healthy food. Their products are used by every third Indian, making them one of the best consumer goods in the industry.
Marico Limited works hard to uphold the motto of "Making a difference" by producing high quality products using innovative technology. It recently ranked as the 8th best place to work in India. In the year ended 31st March 2020, the net sales of the company were Rs. 7, 315 crore by selling its products in 25 countries around the world.
Godrej Group was incorporated in the year 1897 and has set up its corporate office in Mumbai. It has businesses in various sectors including real estate, FMCG, hardware and agriculture.
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Apart from India, the company is the second largest player in Indonesia and is expanding its presence in Africa. Now they also produce a range of consumer products which have been sources of sustainable development. The company has more than 1.1 billion customers worldwide.
Known as P&G, the company was founded in 1946 and currently serves more than 650 million consumers across India. Basically, it is an American consumer goods company that was founded in 1837, and the company's office is located in Cincinnati, USA. The company operates with production and distribution in more than 25 countries around the world.
In India, P&G serves 650 million consumers by providing beauty and care products, home care products, and health and wellness products. P&G is committed to sustainable growth in India and currently has five factories across beautiful contract manufacturing sites. In addition, the company has directly and indirectly created more than 26,000 job opportunities.
Amul is India's most recognized brand in the consumer food and beverage sector. It was a pioneer in the field of milk and dairy products distribution. It started its journey in the year 1946 as a joint dairy community in Anand village, Gujarat. The brand is managed by Gujarat Cooperative Milk Marketing Federation (GCMMF). They expanded their activities to other district unions, then to the state level and now they run in many countries of the world.
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It is a highly trusted brand in dairy products and consumers in India. You may be familiar with the "utterly delicious buttery amul," which is the catchy slogan for their dairy products. The company has a wide range of consumer foodstuffs including packaged fresh milk, dahi, ghee, butter, cheese, milk powder, chocolate, beverages, etc. For the financial year 2019-20, Amol's turnover of Rs.38,542 crore is showing a growth of 17% over the previous year, which is proof that it deserves to be on this list.
It is an American company founded in 1806 that operates worldwide in the consumer products sector. Colgate-Palmolive has organizations in 200 countries and is a global leader in home and personal care products. Colgate toothpaste is the company's most popular and successful product. Basically, the company is engaged in oral hygiene, detergents and soaps.
The corporate office is located in New York, USA and the company's core values of continuous improvement, care and global teamwork make it a reputable name not only in Indian FMCG but also globally.
Parle Agro is an Indian company founded in the year 1984 in Mumbai, Maharashtra and the parent company is Parle which started in the year 1929. Later Parle was divided into three individual companies, the other two being Parle Bisleri and Parle Products. Parle Agro has become the leading beverage company in the country with over 76 highly innovative FMCG manufacturing units in India and is also the 4th largest FMCG company in India.
Top 10 Fmcg Companies In India
The company owns several well-known brands in the beverage and confectionery sector, including Frooti, Bailey Soda, and bottled drinks.
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