Fast Moving Consumer Goods, or FMCG companies, refers to businesses that produce a wide range of products that are utilized on a daily basis by a large number of people. These products include cosmetics, skincare, beverages, packaged foods, oral care, and a variety of other commonly used items.
Although the products produced by these companies are fairly similar, the marketing, distribution, and positioning of the company’s product and market are the most important factors in making a product popular. These businesses have locations all over the world, and they employ a large workforce to run them.
There are a lot of FMGC companies like this around the world and you must have come across the FMCG Goliaths like Johnson & Johnson, Nestle, Unilever, Procter & Gamble, Coca-Cola, and Pepsi, just a few of the most well-known.
Let’s take a look at the top ten fast moving consumer goods corporations around the globe.
Top 10 Largest FMCG Companies in World
1. Johnson & Johnson (USA)
Johnson & Johnson is an FMCG company established in the United States that produces consumer goods, medical devices and equipment, and pharmaceuticals. Johnson & Johnson employs 137,703 people in 60 countries as of 2022. The company’s headquarters are in the United States.
The Company’s subsidiaries manage consumer products, medical devices, and pharmaceutical business areas through 97 manufacturing facilities occupying about 15.2 million square feet of floor space.
The company’s headquarters are in New Brunswick, New Jersey, and it has about 250 subsidiaries in nearly 60 countries across the world. For all of its goods, Johnson & Johnson has primarily captured the premium segment, and its broad global distribution distinguishes it as a top FMCG brand.
Robert Wood Johnson and James Wood Johnson started Johnson & Johnson in 1885. Johnson & Johnson bought Janssen Pharmaceuticals in 1961, and it remained a significant strategic business segment for the corporation.
Fortune honored the company on its Change the World and Most Admired Companies lists in 2017. Johnson & Johnson’s Makers program honor women who go above and beyond the call of duty to make a difference via their efforts.
The firm has announced the “Health for Humanity 2020 Goals,” a set of five health goals to be met by 2020. The company’s commitment to innovation and health is remarkable. Every year, the company’s institutes train around 1,25,000 healthcare providers in its 26 locations across the world.
Revenue – 94 million USD (Approx.)
Johnson & Johnson
2. Nestle AG (Switzerland)
Nestle AG, headquartered in Switzerland, is the world’s largest food and non-alcoholic beverage company employing almost 300,000 people globally.
Nestle has over 2000 brands, ranging from global icons to locally preferred FMCG products, and it operates in 195 countries worldwide. The company’s headquarters are in Vevey, Vaud, Switzerland.
Nestle’s FMCG manufacturing history dates back to 1866 when the Anglo-Swiss Condensed Milk Company was founded. Nestle is the world’s largest fast-moving consumer goods company.
In 1867, Henri Nestlé produces a ground-breaking infant food, and in 1905, the company he founded combined with Anglo-Swiss to form the Nestlé Group. During this time, cities expand and commodity costs fall as a result of railways and steamships, increasing international consumer goods commerce.
As the world’s largest food firm, it ranked first in sales in 2017 and among the top 500 companies on the Fortune 500 list. In its international market, Nestle makes and sells baby food, medical food, bottled water, cereals, coffee, tea, confectionery, frozen food, and other products.
It has 22 billion-dollar brands and operates throughout the world. Nestle’s well-known brands include Nescafe, Nespresso, Kit Kat, Maggi, and others; Maggi is particularly well-known in India.
Since its inception, Maggi has been trusted not just by Indian households, but also by educational institutes’ residential facilities. Surprisingly, it is a major shareholder in L’Oréal, the world’s largest cosmetics corporation.
Nestle Product Mix
- Milk Products and Nutrition
- Beverages
- Prepared Dishes and Cooking Aids
- Chocolates and Confectionery
- Vending and Food Services
- Imports
- Exports
In terms of corporate social responsibility, the corporation is also ahead of the game. By 2030, the company wants to assist 50 million youngsters to live better lives. In addition, Nestle has pledged to improve the livelihoods of 30 million people in communities that are directly affected by the company’s operations.
Nestle for a Healthier Generation honored International Chef’s Day by hosting workshops with renowned professional chefs from more than 50 countries.
Nestle made a 1.7 billion Swiss franc research and development investment. In the year 2017, Nestle scientists published 313 scientific articles.
Nestle’s 12 priority categories of raw materials and paper are responsibly sourced for 57% of their volume. Nestle’s goal is to get 100% of its eggs from cage-free hens for all of its food products by 2025.
Revenue – 92.5 million USD (Approx)
Nestle AG
3. PEPSICO (USA)
PepsiCo is one of the top producers of food and non-alcoholic beverages worldwide. PepsiCo is headquartered in the USA and has around 300,000 employees as of 2021.
Each of the 22 brands in PepsiCo’s supplementary food and beverage portfolio produced more than $1 billion in estimated annual retail sales.
The Pepsi-Cola corporation and Frito-Lay Inc. merged to establish PepsiCo in 1965. After that, the company’s moniker Pepsi was added to a wide variety of food and beverage goods.
The brands with the highest top-of-mind awareness include Mountain Dew, Gatorade, 7 Up, Doritos, Lipton teas, Cheetos, Mirinda, and Aquafina, among others.
These brands were launched in accordance with market demands while others were strategically purchased. PepsiCo has earned a spot on Fortune’s list of the “World’s Most Admired Companies” and is ranked 28th on Barron’s list of the most reputable businesses.
PepsiCo’s Food for Good Program won the Ethical Corporation Award, and the company is also listed among the Fortune 500. For the seventh year in a row, the Carbon Disclosure Project awarded the corporation a Dow Jones Sustainability Index score of 100 percent. In 2017, the business was listed as one of the World’s 100 Best Corporate Citizens by Corporate Responsibility Magazine.
People find the corporate competition between PepsiCo and Coca-Cola humorous, and, indeed, Pepsi fans won’t buy Coke and vice versa.
Indra Nooyi, the CEO, presently serves as the company’s head of operations in Purchase, New York. Diet Pepsi, Pepsi, Lays chips, and other successful items have been introduced by the firm. These brands have always had extremely strong brand equity.
More than one billion people worldwide use PepsiCo products every day in more than 200 nations and territories. According to revenue, PepsiCo is currently the 4th largest FMCG company in the world. PepsiCo is driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker, and Tropicana.
Revenue – 80 million USD (Approx)
PEPSICO
4. Procter & Gamble Company (USA)
Procter & Gamble is a leading global consumer goods company offering products in the categories of baby care, fabric care, family care, feminine care, hair care, home care, grooming, personal health care, oral care, skincare, and personal care. The company’s headquarters are in the United States.
The Procter & Gamble Company (P&G) was formed in 1837 by William Procter and James Gamble and is headquartered in Cincinnati, Ohio. (P&G) currently employs around 130,000 people globally.
When Procter & Gamble opted not to enter the food sector, the famous brand “Pringles” was sold to Kellogg’s. Previously, the company’s product portfolio comprised foods, snacks, and beverages, and all of these well-known brands place P&G among the world’s top FMCG companies.
In 2014, the corporation took a major step toward streamlining its operations by selling nearly 100 brands and focusing on the remaining 65. The company’s headquarters are in Cincinnati, Ohio, in the United States.
Revenue – 76 million USD (Approx.)
Procter & Gamble Company
5. Unilever Group (Netherlands, UK)
When you talk about selling fast-moving consumer goods on a global scale, Unilever is one of the biggest FMCG companies that come to mind. On a regular day, around 2.5 billion people use Unilever products to feel good, look good, and get more out of life.
Unilever is one of the top FMCG companies in the world because of its ownership of more than 300 brands across a variety of product categories. Margarine Uni and Lever Brothers merged to form the firm, which was established in 1930.
Producers of soap and margarine joined up to form an international corporation that serves the requirements of thousands of customers each day. The company’s product line includes snacks, personal care items, cleaning supplies, and food and beverages.
Around 190 nations are home to one of the oldest global corporations. 15 billion-dollar brands are owned by the corporation. 58 percent of Unilever’s overall revenue comes from its storied brands.
18 of the top brands in the company qualified as sustainable living brands, growing at a rate greater than 50% and accounting for more than 605 of the company’s overall growth. AXE, Dove, Knorr, Lipton, Sunsilk, and Surf are a few of the leading brands. Breyers from Kraft, the largest ice cream producer in the US, was one of many strategically important acquisitions made by Unilever.
52,444 million dollars in sales and 6,049 million dollars in net income were Unilever’s annual totals for the fiscal year that ended in December 2021.
- Beauty & Personal Care delivered €21.9 billion in revenue or 42% of our total revenue, and 52% of operating profit.
- Foods & Refreshment delivered €19.3 billion in revenue or 37% of our total revenue, and 32% of operating profit.
- Home Care contributed €10.8 billion in revenue or 21% of our total revenue, and 16% of operating profit.
Revenue – 58 million USD (Approx.)
Unilever Group
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6. The LVMH (Moët Hennessy Louis Vuitton) Group (France)
The LVMH group produces high-end items in five key areas of the luxury market: wines and spirits, fashion and leather goods, perfumes and cosmetics, watches and jewelry, and selective retailing. Sales for LVMH were 53.65 billion euros, and as of 2021, the company has 150,000 people worldwide.
The company was created in 1987 with the union of fashion house Louis Vuitton (founded in 1854) and cognac producer Mot Hennessy (launched in 1971), which had previously combined with champagne producer Mot & Chandon (founded in 1743) to form the company (founded in 1765). LVMH was the most valuable firm in Europe in 2021, with a valuation of $329 billion.
LVMH holds approximately 60 companies, each of which manages a small number of notable brands, for a total of 75. Fendi, Givenchy, Marc Jacobs, Stella McCartney, Loewe, Loro Piana, Kenzo, Celine, Sephora, Princess Yachts, TAG Heuer, Bulgari, and Tiffany & Co. are among them.
Under the umbrellas of six sections, the subsidiaries are frequently administered independently: Fashion Group, Wines and Spirits, Perfumes and Cosmetics, Watches and Jewelry, Selective Distribution, and Other Activities. Château d’Yquem, a wine producer, is the oldest of the LVMH brands, dating back to 1593.
LVMH’s current CEO is Bernard Arnault.
Revenue – 71 million USD (Approx.)
The LVMH
7. JBS (USA)
JBS S.A. is a Brazilian multinational corporation that is widely regarded as a global leader in the food business. Sao Paulo is the company’s headquarters. The company ranks seventh among the top FMCG companies and employs around 50000 people
This top FMCG company also features food that is produced and maintained to worldwide standards, and it is supported by well-known brands that are distributed in over 150 countries. JBS is one of the world’s largest meat processing companies, with ten renowned billion-dollar brands.
In 1953, the corporation was founded in Brazil. The year 1980 marked the beginning of the company’s major growth. The corporation operates around 300 manufacturing plants in several nations. The organization has approximately 20 sales offices throughout the world. The brand has carved out a niche in ready-to-eat, fresh, and frozen foods.
The enterprise plays an essential role in local communities and helps to improve local economies by creating direct and indirect jobs. JBS is also the primary sponsor of the Germinate Institute in Brazil, a business school in Sao Paulo for children and adolescents aged 12 to 18.
In collaboration with McDonald’s, the company was successful in developing the first sustainable hamburger. In addition, the company has garnered numerous honors for its “Roast in Bag” product. “Today is Chicken Day” is Brazil’s largest chicken-focused platform, with over 6 million interactions.
The company employs around 2,15,00 people worldwide. JBS USA ranks second in the United States in terms of meat production.
The Company also engages in allied businesses such as leather, biodiesel, collagen, natural casings for cold cuts, hygiene & cleaning, metal packaging, transportation, and solid waste management solutions, all of which are innovative operations that promote the long-term viability of the entire business value chain.
Revenue – 62 million USD (Approx.)
JBS (USA)
8. The Coca-Cola Company (USA)
Dr. John Pemberton presented the world’s first Coca-Cola on May 8, 1886, at Jacobs’ Pharmacy in Atlanta, Georgia. The Enterprise grew from just one iconic drink to become a whole beverage company and currently employs more than 50000 people.
Minute Maid was purchased by the firm in 1960. That was the first step toward establishing a full-service beverage company. In 200+ countries, the Company is passionate about drinks, with 500+ brands ranging from Coca-Cola to Zico coconut water to Costa coffee. FUZE, Monster, Vitamin Water, and more brands have been strategically bought by the corporation.
Coca-signature Cola’s product is coke, which was originally designed as a patent medicine that helps to alleviate tension.
The company manufactures concentrates that are used to make iconic items such as diet coke, coke zero, Coca-Cola Vanilla, and so on. Because of its product selection and distribution, The Coca-Cola Company is the world’s largest beverage company and one of the top FMCG company in the world.
The corporation holds the market for over 500 non-alcoholic beverage brands, which they categorize as follows: sparkling soft drinks; water, enhanced water, and sports drinks; juice and dairy beverages; tea; coffee; and energy drinks.
Diet Coke, Coca-Cola, Fanta, and Sprite are four of the world’s top five non-alcoholic soft drink brands marketed by the corporation. The company’s final beverage products are sold in over 200 countries.
All FMCG goods are distributed to customers worldwide via a network of Company-owned and distribution operations, as well as independent bottling partners, distributors, and retailers – the world’s largest beverage distribution system.
The company is also known for its unique distribution and promotion methods, which is one of the reasons why the items are so popular among young people. Every day, 60 billion servings of all beverages are drunk worldwide. Europe, the Middle East, Africa, Latin America, North America, Asia Pacific, and other regions are among the company’s primary operating segments.
The company is serious about its commitment to sustainability. Compliance with supplier guiding principles was achieved by 89 percent of bottling partners and 90 percent of direct suppliers. Through the 5by20 initiative, 1.7 million women acquired economic empowerment.
Revenue – 39 million USD (Approx.)
The Coca-Cola Company
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9. L’Oreal (France)
L’Oreal is a cosmetics and beauty products manufacturing company based in France. As of May 2021, L’Oreal had around 90000 employees.
Louis Schueller, a French chemist, founded L’Oréal in 1919. 20,000 chemists are currently employed by the company. The figure demonstrates L’Oréal’s enthusiasm for R&D. L’Oréal stands out for its ongoing patent registration; the company registered 498 patents in total in 2017.
Additionally, L’Oréal holds the distinction of being the first cosmetics company in the world with a presence in 150 different nations. The L’Oréal company, in collaboration with UNESCO, sponsors a program named “For Women in Science” every year to honor and recognize five accomplished scientists from all five continents. Since 1998, about 100 laureates have been recognized; three of them have also won the Nobel Prize.
L’Oréal has expanded its product line by entering the markets for skincare, haircare, makeup, perfumes, and hygiene goods, where it outperforms rival industry titans. With an additional 10% market share, L’Oréal has seen a global increase in online sales of cosmetics by 25%.
L’Oréal’s sales have been booming to carry out its aim to provide everyone with beauty. By incorporating creativity, L’Oréal is reimagining traditional hair salons and turning them into creative hubs.
Leading cosmetic FMCG company L’Oréal was recognized as the world’s most ethical corporation by the Ethisphere Institute. L’Oréal is among the top FMCG companies in the world because of its emphasis on gender equality and its code of corporate ethics.
More than 36 international brands are represented in the portfolio of cosmetics, makeup, and beauty items that are sold in 150 countries.
L’Oréal has expanded its product line by entering the markets for skincare, haircare, makeup, perfumes, and hygiene goods, where it outperforms rival industry titans. With an additional 10% market share, L’Oréal has seen a global increase in online sales of cosmetics by 25%. L’Oréal’s sales have been booming to carry out its aim to provide everyone with beauty.
By incorporating creativity, L’Oréal is reimagining traditional hair salons and turning them into creative hubs. With over 250 training studios globally, it annually trains 450 000 hairdressers. On the top 10 global FMCG companies list for 2022, L’Oréal is ranked number 10. L’Oreal has 497 registered patents as of December 2019.
Revenue – 36 million USD (Approx.)
L’Oreal
10. Philip Morris International Inc (USA)
Philip Morris International Inc. is a manufacturer of cigarettes and heated tobacco products with its corporate headquarters in the USA. This FMCG company employs more than 80,000 people and has a net profit of $10 billion on $31.4 billion in revenue
Philip Morris is another significant FMCG company that has operations in more than 180 nations. This corporation is linked to more than 26 well-known brands, including Marlboro.
To benefit individuals who might otherwise continue to smoke, society, the corporation, and its shareholders, Philip Morris International is leading a transition in the tobacco industry to build a smoke-free future and ultimately replace cigarettes with smoke-free products.
Marlboro, the top-selling cigarette globally, is the most prominent brand in the Company’s portfolio. Under the brand names HEETS or Marlboro HeatSticks, the company’s top-selling reduced-risk product, IQOS, is often promoted with heated tobacco units. Enjoy strong pricing power based on the strength of your brand portfolio.
The corporation has a well-balanced plant footprint with 46 manufacturing units around the world. Additionally, this FMCG company has partnerships with 38 third-party cigarette hand-rolling businesses in Indonesia, the largest tobacco market outside of China, as well as 25 third-party producers in 23 markets.
Revenue – 32 million USD (Approx.)
Philip Morris International Inc
We hope you loved the article and discovered the top FMCG companies in the world.
Let us know what products you use from the above-mentioned list in the comments below.