Global FMCG Market to Reach US$ 7.22 Billion by 2034 at 5.44% CAGR

Industry
โดย GlobeNewswire·Read original
Summary · why it matters

The global fast moving consumer goods market is projected to grow from US$ 4.72 billion in 2024 to US$ 7.22 billion by 2034, at a compound annual growth rate of 5.44%, according to a new report by Zion Market Research. The food and beverage segment held the largest share at over 42% in 2024, driven by daily non-discretionary demand. In-house production accounted for approximately 65% of the market, while supermarkets and hypermarkets dominated distribution with a 48% share. Asia Pacific led the global market with a 45% share, fueled by population concentration and rising middle-class incomes in countries such as China. Key players include Procter & Gamble, Unilever, Nestlé, The Coca-Cola Company, and PepsiCo.

Impact on stocks 6

Consumer Staples▲ · 6 stocks
The Coca-Cola Company
KO
▲ PositiveDemandrelevance

Market growth driven by rising middle-class incomes and daily non-discretionary demand benefits beverage companies.

Nestle S.A.
NESN
▲ PositiveDemandrelevance

Market growth driven by daily non-discretionary demand benefits FMCG companies like Nestlé.

PepsiCo Inc
PEP
▲ PositiveDemandrelevance

Market growth driven by rising middle-class incomes and daily non-discretionary demand benefits beverage companies.

Procter & Gamble Company
PG
▲ PositiveDemandrelevance

Market growth driven by daily non-discretionary demand benefits FMCG companies like P&G.

Unilever PLC
UNLYD
▲ PositiveDemandrelevance

Market growth driven by daily non-discretionary demand benefits FMCG companies like Unilever.

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