The FMCG industry is the 4th largest industry in the Indian economy. This industry has been growing at a 21.4% CAGR for the last 10 years and is expected to grow at a CAGR of 28%. FMCG revenue is dominated by urban settings which account for almost 55% while rural accounts for 45%. The number of people buying Online FMCG goods is expected to rise by 850 Million by 2025.
Let’s dive deeply into the major listed FMCG players in India..!
1. ITC Limited
ITC Limited, formerly known as the Imperial Tobacco Company of India Limited, is an Indian multinational conglomerate company. Now, the company is known as one of the leading FMCG companies.
Founded In: 1910
Founded By: William Henry Wills and the Irish-born James Augustus Thomas Hume
Headquarter: Kolkata, India
Market Cap: INR 5,00,000 Cr.+ as of 2024
Business: Consumer goods, Apparel, Education, Hotels and resorts, Paperboards & Specialty papers, Packaging, Agribusiness, Information technology, Cigarettes etc.
Revenue: INR 78,498 Cr as of FY23
2. Hindustan Unilever Limited (HUL)
HUL is one of India’s largest consumer Goods Company and a Subsidiary of British Consumer Goods MNC Unilever. Over the years, it has grown into a powerhouse of the Indian Consumer Goods Market.
Founded In: 1933
Founded By: William Hesketh Lever
Headquarter: Mumbai, India
Market Cap: INR 5,57,065 Cr as of 2024
Business: Foods, Cleaning Agents, Personal Care, Skincare, water purifiers
Revenue: INR 61,092 Cr as of FY23
3. Nestlé India Limited
Nestlé India operates as a leading FMCG company in India, offering a wide range of food and beverage products. It has been present in India for over a century and has established a strong presence in the Indian market with its branded products.
Founded In: 1959
Founded By: Subsidiary of Swiss MNC Nestle
Headquarter: Gurugram, India
Market Cap: INR 2,45,571 Cr. As of 2024
Business: Food Processing
Revenue: INR 19,126 Cr as of FY23
4. Britannia Industries Limited
Britania Industries Limited is a century-old and one of the leading food processing companies in India, specializing in the production and distribution of a wide range of bakery and dairy products. The company was started as a biscuit manufacturer under the name Britania Biscuit Company.
Founded In: 1892
Founded By: William Wright
Headquarter: Kolkata, India
Market Cap: INR 1,18,040 Cr. As of 2024
Main Products: Bakery products including biscuits, bread, cakes and rusk, Dairy products including milk, butter, cheese, ghee and dahi
Revenue: INR 16,301 Cr as of FY23
5. Patanjali Foods Limited
Patanjali Foods Limited is an Indian consumer goods Company. The Company primarily focuses on producing and marketing Ayurvedic and natural products across various categories including healthcare, personal care, food and beverages, and home care.
Founded In: 2006
Founded By: Acharya Balkrishna and Baba Ramdev
Headquarter: Haridwar, India
Market Cap: INR 59,226 Cr. As of 2024
Main Products: Healthcare, Personal Care, Food & Beverages, Homecare, Ayurvedic Medicines
Revenue: INR 31,525 Cr. As of 2023
6. Dabur India
Dabur India Limited is one of India’s leading FMCG (Fast Moving Consumer Goods) companies, specializing in natural healthcare and personal care products. The company has since grown into a multinational corporation with a diverse product portfolio. The company has a long-standing reputation as a trusted brand in India and abroad, offering consumers natural and holistic solutions for their health and wellness needs.
Founded In: 1884
Founded By: S. K. Burman
Headquarter: Ghaziabad, India
Market Cap: INR 95,867 Cr. As of 2024
Main Products: Personal care, Skincare, Hair care, Oral hygiene
Revenue: INR 11,530 Cr. As of 2023
7. Marico Limited
Marico Limited is a leading Consumer Goods Company in India. The company is primarily known for its consumer brands in the categories of beauty and wellness. Marico has expanded its presence globally and operates in several countries across Asia, Africa, and the Middle East.
Founded In: 1990
Founded By: Harsh Mariwala
Headquarter: Mumbai, India
Market Cap: INR 69,829 Cr. As of 2024
Main Products: Personal Care, Skincare, Convenience Food
Revenue: INR 9,764 Cr. As of FY23
8. Godrej Consumer Products Limited
Godrej Consumer Products Limited is a leading Indian consumer goods company that operates within the FMCG sector. The company is a part of the larger Godrej Group, one of India’s oldest and most respected conglomerates, with a history spanning over 120 years, the company has since become a significant player in the FMCG industry, both in India and internationally.
Founded In: 2001
Founded By: Ardeshir Godrej and Pirojsha Burjorji Godrej
Headquarter: Mumbai, India
Market Cap: INR 1,27,369 Cr. As of 2024
Main Products: Cleaning agents, Personal care, Skincare
Revenue: INR 13,316 Cr. As of FY23
9. Tata Consumer Products Limited
Tata Consumer Products Limited is a Part of Tata Group which is one of India’s largest and most respected conglomerates. Formerly known as Tata Global Beverages Limited, the company was rebranded as Tata Consumer Products Limited in 2020 to reflect its broader portfolio beyond beverages.
The company has a significant presence both in India and internationally with operations in over 40 countries.
Founded In: 1964
Founded By: Subsidiary of Tata Group
Headquarter: Kolkata, India
Market Cap: INR 1,09,195 Cr. As of 2024
Main Products: Tea, Coffee, Water, Salt, Lentils, Spices, Ready-To-Eats, Sweetener
Revenue: INR 13,783 Cr. As of FY23
10. Bajaj Consumer Care Limited
Bajaj Consumer Care Limited was formerly known as Bajaj Corp Limited. Bajaj Consumer Care Limited was formerly known as Bajaj Corp Limited.
The company has a significant presence in India and exports its products to various other countries. The company has built a strong reputation for quality and innovation in the hair care segment, catering to the diverse needs of consumers.
Founded In: 1930
Founded By: Jamnalal Bajaj
Headquarter: Mumbai, India
Market Cap: INR 3,412 Cr. As of 2024
Main Products: Haircare, Skincare
Revenue: INR 961 Cr. As of FY23
FMCG companies have a long history in India. With the government easing the branded products, the Industry is expected to show massive growth in the coming decade. The increased population of working women, Increased awareness of online Shopping, Higher brand recognition and consciousness, constant change in consumer preference and growing interest of foreign investors are the key drivers of the FMCG industry’s growth.
