Indian FMCG Market – Industry Analysis and Forecast (2024-2030)

E-commerce companies like Amazon are strengthening their business in FMCG sector by positioning their platform pantry as front line offering to drive daily product sales. The growing consumer trust and confidence in online buying has helped e-commerce platforms to expand their share in India's total FMCG retail sales by as much as three times. These are the key drivers that boost the growth of this segment in the Indian FMCG market during the forecast period 2024-2030.

Indian FMCG Market – Industry Analysis and Forecast (2024-2030)

The Indian FMCG market was valued at US $ 230.14 Bn. in 2023, and it is expected to reach US $ 1288.52 Bn. by 2030 with a CAGR of 27.9% during the forecast period. Growing youth population, changing lifestyles, and increasing brand awareness among the consumers are also contributed to the growth of India FMCG sector.