FMCG stands for Fast-moving consumer goods. As the name suggests, They are goods sold quickly, like gum, fruit, vegetables, milk, soda, and beer. It also includes some common drugs like aspirin.
In a broader aspect, FMCG includes consumer goods such as packaged food, beverage, stationery, toiletries, and personal care products. Along with this, FMCG also includes cheap consumer electronics like mobile phones and their accessories. Such fast-moving consumer goods are cheaper.
In the fast lifestyle that people are living, FMCG goods are among the most consumed and used goods. This, in turn, has created a high demand for FMCG products. Therefore there are companies with billions of revenue and capital investment in business and FMCG products. A single consumer goods company produces thousands of products under its umbrella. Fast-moving Customer Goods companies like Nestle, Unilever, PepsiCo, Coca-cola, and L’oreal produce a wide range of FMCG products worldwide.
Top 5 FMCG companies in world
There are a lot of customer goods that have become a homely name for us. These companies are generally related to products we interact with in our daily lives, and most of them fall under the umbrella of FMCG products. But do you know the companies behind your favourite products?
Here, we have come up with some of the top FMCG Companies with the highest revenue, range of products, and global market.
JBS S.A. is a multinational company located in Sao Paulo, Brazil. This FMCG company was founded in 1953 by Jose Batista Sobrinho. With a revenue of $49 billion, it is acknowledged as one of the global leaders in the food industry and easily one of the top FMCG companies in the world. The company provides diverse products such as fresh, frozen, and prepared meals.
The company’s products are commercialized through other brands recognized in Brazil and other countries, which include but are not limited to:
- Pilgrim’s Pride
And more. JBS S.A. also deals with other businesses such as Biodiesel, Leather, Natural Casings, Collagen, Hygiene and cleaning, Transportation, solid management solutions, and other innovative operations. Every product from this list of Top FMCG companies in world promotes the sustainability of the entire business value chain.
Unilever is one of the oldest companies in the FMCG sector and has existed for more than 120 years. As of now, more than 2.5 billion people are using the products of this company. Therefore, it is easily one of the top 5 FMCG companies in world.
Established in 1929 in the United Kingdom by the lever brothers branch and Margarine Unie line, it now has a revenue of about $60 billion. That said, Unilever is more of an umbrella term than a brand name. This is because it houses other brands such as Lipton, Knorr, Dove, Rexona, Hellman’s, and Omo, all of which a brand of their own and has an annual turnover of more than 1 billion pounds.
This top FMCG company specializes mainly in three divisions: Beauty and Personal Care, Food and Refreshments, and Home Care. Beauty and personal care generate the highest turnover for this company which Food, Refreshment, and Home Care then follow. More than 400 Unilever brands are used by consumers worldwide in 190 countries.
PEPSICO is a company based on complimentary food and beverages in the USA. Founded on 28th August 1898 by Caleb Bradham in Harrison, New York, United States, the revenue of PEPSICO is about $65 billion.
PepsiCo’s products are consumed more than a billion times in one day, which easily tells us that this is one of the top 5 consumer goods companies in the world and companies globally. Their services and products have spread to 200 countries around the world.
Some of the product portfolios of this company include
And more. It should not be a surprise that this top FMCG company makes more than $1 billion each in annual retail sales from the 23 brands it owns. It is the top Fast-Moving Consumer Goods company and one of the world’s leading food and beverage companies.
Procter and Gamble (P&G) is an American multinational company headquartered in Cincinnati, Ohio. P&G was founded on 31st October 1837, by William Procter and James Gamble. With a revenue of about $67 billion, it is easily one of the top FMCG companies in the world. P&G specializes in a wide range of personal health/consumer and hygiene products. Different segments include:
- Health Care
- Family Care.
P&G also had Pringles before, including foods, snacks, and beverages. However, it was later acquired by Kellogg’s.
Nestle is the world’s largest food and beverage company and owns over 2000 brands. It is a company based in Switzerland .whose and dates back to 1866. This date coincides with the foundation of the Anglo-Swiss Condensed Milk Company. Henry Nestle was the founder of Nestle, who developed a breakthrough infant food in 1806. Later in 1905 that Nestle was formed.
Its headquarters are at Vevey, Vaud, Switzerland. The company now has a revenue of about $94 billion, and it is present in around 187 countries worldwide. The primary focus of this company is on food products such as baby food, coffee, dairy, cereals, and other similar things.
List of Top FMCG companies in the world
- Estimated sales Per year: $93.1 Billion
- Country: Switzerland
- Proctor and Gamble (P&G)
- Estimated sales Per year: $67.2 Billion
- Country: USA
- Estimated sales Per year: 67.1 Billion
- Country: USA
- Estimated sales Per year: $58.2 Billion
- Country: U.K./ Netherlands
- AB InBev
- Estimated sales Per year: Belgium $52.3 Billion
- Country: Belgium
- JBS S.A.
- Estimated sales Per year: 52.3 Billion
- Country: Brazil
- Tyson Foods
- Estimated sales Per year: $42.4 Billion
- Country: USA
- Coca-Cola Company
- Estimated sales Per year: $37.2 Billion
- Country: USA Billion
- Estimated sales Per year: $33.4 Billion
- Country: France
- Estimated sales Per year: $33.0 Billion
- Country: UK
Besides the above five 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. This is just a list of FMCG's top 5 companies in the world that are popular. Naturally, this is not the complete list of all the biggest FMCG companies in the world.
We hope you found this interesting. And as always, thank you for reading till the end.
Q: What are the biggest consumer goods companies in the world?
A: Some of the largest consumer goods companies in the world are:
- Proctor and Gamble (P&G)
- Philip Morris
Q: What is an FMCG company?
A: FMCG companies or Fast-moving Consumer Goods company companies are organizations that provide products that are sold quickly at low costs like packaged foods, beverages, candies, cosmetics, dry goods and other forms of consumables.
Q: What are the three major segments of the FMCG industry?
A: The three major segments of the FMCG industry are:
- Food and Beverages
- Household and personnel care