Why is the FMCG sector growing so Fast?
 
The FMCG (Fast-Moving Consumer Goods) sector is growing
rapidly for several key reasons. Firstly, more people are moving to cities and
earning higher incomes in developing countries. This means more demand for
everyday items like food, drinks, personal care products, and household goods
that FMCG companies sell.
 
Secondly, the internet and new technology have
changed how 𝐅𝐌𝐂𝐆 𝐏𝐫𝐨𝐝𝐮𝐜𝐭𝐬 are sold and delivered. Online shopping has
made it easier for companies to reach new customers in different places. Also,
consumers now want products that are healthier, more sustainable, and more
convenient.
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