The FMCG (Fast Moving Consumer Goods) industry, a powerhouse of global commerce, fuels everyday life with essential products. This industry stands at the crossroads of consumer demands and technological advancements.
CAGR: 7.9%
Market size: $ 17 Bn
GDP Contribution: 10%
Market drivers:
– Expansion of e-commerce
– Rising demand of packed, ready-to-eat food
– Change in lifestyle due to urbanisation