The Fast-Moving Consumer Goods (FMCG) sector, India's fourth-largest industry valued at USD 154.77 billion, continues to expand on the back of rising disposable incomes, a young population, rural penetration, and e-commerce growth. Supported by government initiatives and increasing brand awareness, the sector is projected to grow at a CAGR of 8.3%, reaching USD 317.27 billion by 2034. With CRISIL forecasting 7–9% revenue growth in FY25, the industry is poised for sustained momentum driven by volume recovery and evolving consumer demand.
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