Published on 28 Nov 2021 on Insider Monkey via Yahoo Finance
10 Best FMCG Stocks To Buy Now
In this article, we discuss the 10 best FMCG stocks to buy now. If you want to skip our detailed analysis of the FMCG sector, go directly to the 5 Best FMCG Stocks To Buy Now.
Fast moving consumer goods (FMCG) are consumer-oriented products that are used on a daily basis, are highly demanded, and usually have a short shelf life, for example, food, bakery items, beverages, nicotine products, hygiene products, and other consumables. The United States is one of the largest markets for FMCG, with dedicated market research, product innovation, new market entrants, unique branding, and skilled workers in the FMCG sector.
According to Allied Market Research, the global FMCG market is projected to reach $15,361.8 billion by 2025, with a CAGR of 5.4% from 2018 to 2025. Due to the COVID-19 pandemic, rise in ecommerce, and digital innovation, many companies have had to change the way they reach out to consumers, market their products, and the distribution channels they use.