FMCG stands for Fast-moving consumer goods. As the name itself suggests, it is goods that are sold quickly like gum, fruit, vegetables, milk, soda, beer, or common drugs like aspirin. Seeing at it more broadly, it includes packaged food, beverage, stationery, toiletries, personal care products and it also includes less expensive consumer electronics like mobile phones and their accessories. Such fast-moving consumer goods are cheaper so, they can be purchased by almost everyone.
In the fast lifestyle that people are living FMCG goods are the things that are consumed the most and also in demand so there are companies with billions of revenue and investment in FMCG products. A single company produces thousands of products under its umbrella. There are companies like Nestle, Unilever, PepsiCo, Coca-cola and L’oreal which produce a wide range of FMCG products that are sold worldwide.
Here, we have come up with the top 5 FMCG Companies in the world that have the highest amount of revenue, highest range of variety, and market in most of the places in the world.
JBS S.A.is a multinational company which is situated in Brazil with its headquarters in Sao Paulo, Brazil. It was founded in 1953 by Jose Batista Sobrinho. The company has revenue of $49 billion and it is acknowledged as one of the leaders in the food industry globally as the company is present in 15 countries. The company provides diverse products such as fresh and frozen meats, prepared meals. The company’s products are commercialized through other brands that are recognized in Brazil and other countries like Seara, Swift, Friboi, Pilgrim’s Pride, Plumrose, Primo, and others. It also deals with other correlated businesses such as Biodiesel, Leather, Natural Casings for cold cuts, Collagen, Hygiene and cleaning, Transportation, solid management solutions, and Packaging. Besides these, there are other innovative operations that promote the sustainability of the entire business value chain. The company also has subsidiaries like JBS USA, Seara, and JBS Foods International.
Unilever has been in the FMCG sector for more than 120 years and there are as many as 2.5 billion people using the products of Unilever. It the established in the United Kingdom and has a revenue of about $60 billion. It was founded on 2nd September of 1929 by Lever Brothers branch and Margarine Unie Line. Under Unilever are other brands like Lipton, Knorr, Dove, Rexona, Hellman’s, and Omo which have an annual turnover of more than 1 billion pounds. Unilever specializes mainly in three divisions that are; Beauty and Personal Care, Food and Refreshment, and Home Care. Beauty and personal care generate the highest turnover followed by Food and Refreshment and Home Care. More than 400 Unilever brands used by consumers all around the world in 190 countries.
PepsiCo is a company based on complimentary food and beverages in the USA. Founded on 28th August of 1898 by Caleb Bradham. Its headquarters are in Harrison, New York, United States. The revenue about $65 billion and PepsiCo’s products consumed more than a billion times in one day. The services and products have spread in 200 countries around the world. Only in 2019, the company made $67 billion net revenue. PepsiCo has Frito-Lay, Pepsi-Cola, Quaker, Gatorade, and Tropicana along with other enjoyable foods and beverages that make 23 brands generate more than $1 billion each in annual retail sales. It is not only the top FMCG company but also one of the world’s leading food and beverage companies.
Procter and Gamble (P&G) an American multinational company headquartered in Cincinnati, Ohio. P&G founded on 31st October 1837 by William Procter and James Gamble. The company has a revenue of about $67 billion. P&G specializes in a wide range of personal health/consumer health and hygiene products. There are different segments that include Health Care, Beauty, Grooming, Fabric, Baby, Feminine, and Family Care. P&G also had Pringles before as it included foods, snacks, and beverages. However, it sold Pringles to Kellogg’s later.
Nestle is the world’s largest food and beverage company that has more than 2000 brands. It is a company based in Switzerland whose history dates back to 1866 with the foundation of the Anglo-Swiss Condensed Milk Company. Henry Nestle was the man behind Nestle who developed a breakthrough infant food in 1806. Later in 1905 that Nestle formed. Its headquarters are at Vevey, Vaud, Switzerland. The company has now a revenue of about $94 billion and it is present in around 187 countries worldwide. The company focuses mostly on baby food, coffee, dairy products, breakfast cereals, confectionery, bottled water, ice cream, pet foods, and similar things.
Besides the above 5 companies, other companies like British American Tobacco, The Coca-Cola Company, L’Oreal, Philip Morris International, and Danone are other big names in the FMCG segment.