FMCG MarketFMCG Market is predicted to expand at a faster CAGR over the forecast period, owing to the rapidly growing urban population, changing food choices and lifestyle of consumers.Request For a FREE Sample Report on FMCG Market Accelerating per capita income, growing millennial population, easy availability of products, and expansion across e-commerce platforms are some major factors fueling the FMCG Market growth. Ongoing expansion in e-commerce platforms, supermarkets, and grocery stocks has generated huge opportunities for the market.By type, the food & beverages segment is anticipated to lead the market over the forecast period, owing to their longer shelf life. As per the FMCG Market research, changing lifestyle of people and accelerating working population has inclined individuals towards ready to eat food items, thereby strengthening the market growth.By distribution channel, the supermarkets & hypermarkets segment is predicted to grow at the fastest CAGR over the forecast period, owing to the growing demand for demand for all-in-one shop among customers for all goods.By region, Asia-Pacific is anticipated to witness a faster CAGR over the forecast period, owing to the growing urbanization, globalization, and changing lifestyles of individuals. Additionally, the FMCG Market report projects that the accelerating penetration smartphones and social media influence would propel the market growth.Leading players operating in the market include Procter & Gamble Company, Unilever Group, The Pepsico Inc, Kimberly-Clark Corporation, Coca Cola Company, Patanjali Ayurved Ltd, Dr Pepper Snapple Group, Revlon, Inc, Johnson & Johnson Services, Inc., and Nestlé S.A. among others.Key Developments:In 2020, Hindustan Unilever partnered with GlaxoSmithKline Consumer Healthcare Limited (GSKCH) GSKCH’s brands including, Boost, Horlicks, and Maltova will be part of Hindustan Unilever’s food and refreshments business, which lies under the nutrition category.In 2020, Nestle S.A. acquired Zenpep, gastrointestinal drug. With this acquisition, Nestle S.A. would expand the brand’s portfolio of therapeutic products.FMCG Market Segmentation:FMCG Market by TypeFood & BeveragePersonal CareHealth CareHome CareFMCG Market by Distribution ChannelSupermarkets & HypermarketsGrocery StoresSpecialty StoresE-commerceOthersFMCG Market by Region:Asia PacificChinaJapanIndiaRest of APACNorth AmericaUnited States of AmericaCanadaEuropeUnited KingdomGermanyFranceSpainRest of EuropeRoWBrazilSouth AfricaSaudi ArabiaUAEAbout GMI ResearchGMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.Media ContactCompany Name: GMI RESEARCHContact Person: Sarah NashEmail: enquiry@gmiresearch.comPhone: Europe – +353 1 442 8820; US – +1 860 881 2270Address: Dublin, IrelandWebsite: www.gmiresearch.com