There are a lot of companies in the world in the FMCG sector. It caters to the millions and billions of the masses in every nook and corners of the world. But some of the companies, through their long term vision, great leaderships, brilliant customer service, and cutting edge technology have carved a niche for them.
FMCG which means Fast Moving Consumer Goods comprises the pre-packaged, direct-to-use, consumption products like cold drinks, deodorants, perfumes, chocolates and a lot more eatables. Though we are aware of most of the companies involved in the FMCG sector let’s have a look at the top ones:
Headquarters: Vevey, Vaud, Switzerland
CEO: Ulf Mark Schneider
Nestle is one of the top brands in the FMCG field. It has turned into a household name, even a child knows what Nestle is and what the company provides. Nestle consists of a range of products, the common and the known ones being Nescafe, Maggi, Everyday, Lactogen and a lot more.
Talking about rankings, Nestle always acquires the top place in it. And that is through its sheer dedication towards innovation, and time-by-time introduction of a whole new range of products. As of 2021, the revenue of Nestle was around $ 90 billion with the profit of more than $10 billion dollars.
Headquarters: Purchase, Harrison, New York, United States
CEO: Ramon Laguarta
Pepsico the other household name is the other giant, Pepsi being its most loved brand. Its Indian American Ex-CEO Indira Nooyi has great achievements in her basket. She also has a cult following in the corporate world. Apart from soft drinks it also offers a variety of snacks under its Frito-Lay (Lays being the most famous product) and Quaker brands.
From a long time, dating back to its establishment. It has a fierce rivalry with Coca Cola which still continues today. It’s revenue is around $ 71 billion with profit of around $ 7.5 billion.
London, United Kingdom
CEO: Alan Jope
Unilever has a wide product range to offer, it is the largest soap producer in the world. Hence it provides products of almost every type from eatables to personal care, water purifiers, toothpaste, deodorants and a lot more which even can’t fit here. Lifebuoy, Knnorr, Axe, Dove, Lipton are some of its top brands. Revenue this year touched $58 billion with profit of $6 billion.
Headquarters: Atlanta, Georgia, United States
CEO: James Quincey
However it is one of the oldest beverage producing companies. Typically, it started by selling Coca Cola or simply Coke as a digestive medicine. As the medicine gained popularity they turned it into a beverage.
Although every person in the world knows the taste of the Coke, its formula is still a secret. Nowadays, Coca Cola is introducing a variety of other products like Diet Coke, Caffeine free diet coke, Coca Cola zero sugar, Coca Cola cherry and more others.