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FMCG is one of the fast-growing sectors in India. FMCG is the fourth-largest sector in India in terms of contribution to the country’s economy. According to a report by Statista, the Indian FMCG market is expected to reach USD 220 billion by 2025 from USD 52.75 billion in 2018. The market is largely driven by growing urbanizations, increase in standards of living of people, changing lifestyle, easier access to the products, etc. are some of the factors driving the market.
The Indian FMCG sector includes pharmaceuticals, packaged soft drinks, packaged food products, consumer electronics, etc. Among these, food and beverages account for 19% of the share; healthcare accounts for 31% of the share; and household and personal care accounts for over 50% share of the market. Conventionally, urban areas are considered as the contributors of the FMCG market in India. However, the rural market has been registering a greater growth rate than the urban market, which signifies a large untapped market in the rural areas.
The domestic FMCG market is highly fragmented and is dominated by micro, small and medium scale enterprises that are largely unorganized. FMCG sector, particularly the food products segment provides great business opportunities for new entrepreneurs in the country due to the easy availability of raw materials, cheap operating costs, etc.Read more
The FMCG industry in India offers great business opportunities to small and medium scale companies in India. Despite the fact that the FMCG sector is open to both large and small players, Setting up the FMCG industry is not so easy for small industries due to lack of access to right experts who can guide them to set up their business. Our FMCG business consultants provide guidance to small entrepreneurs in the country who are planning to enter into the FMCG industry.
Different Sectors in FMCG Industry
FMCG industry is one of the most diversified industries covering right from food and beverage including RTE & RTC to pharma and healthcare. It offers plenty of opportunities to not only large enterprises but also micro, small and medium scale enterprises
Small and medium scale businesses, unlike large scale enterprises, cannot afford to have in-house experts. SolutionBuggy, as India’s largest consulting firm dedicated to MSMEs in the countries, connects small and medium scale enterprises with trusted and verified consultants.
There exist a lot of consulting firms in the market which serve Fortune 500 companies and other large scale enterprises. However, it is very difficult for MSMEs to find the relevant expert required to address their technical and business challenges. SolutionBuggy is particularly dedicated to small and medium scale industries in the country.
Our FMCG experts come with an average experience of 20 years working across several domains in the FMCG industry. Till date, SolutionBuggy completed more than 800 FMCG consulting projects through its network of 400+ expert FMCG industry consultants. We provide you with the industry’s best FMCG consultants in India who can offer you the best FMCG consultancy services and help you address your business challenges and guide you towards success. If you are a new entrepreneur planning to start a FMCG manufacturing business or an existing industry facing challenges with your FMCG manufacturing business, then get help from the top FMCG industry consultants from SolutionBuggy.
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Sharing great experience being partnering with Solution Buggy , right through starting till now has been very much supportive , facilitating in right selection of opportunities at their platform , timely and effective communication ensuring no delay . Solution Buggy is a platform where industry and expert both have equal opportunities to grow together
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Amazing Platform!!! Highly appreciated!!!. Excellent platform for both the Experts & industries to connect. I have been associated with Solution Buggy close to 2 Years. Its has been a fantastic experience to connect with SMBs and deliver excellent projects which is great fit to my excellence. Kudos to the internal coordinators. I have experienced a lot of great efforts in terms of support and technical issues. Hurrayyy!, Recently, I have renewed my subscription again. Hope for a great year ahead and all the best SB for all your future endeavours.