Fast-moving consumer goods sometimes referred to as consumer-packaged goods, are goods that must be replaced quickly since they are utilized on a regular basis. The FMCG sector produces goods in a variety of areas, including food and drink, cosmetics, health care, skin care, and dental care. The global FMCG industry is anticipated to increase at a CAGR of 5.4% over the following two years, reaching $15.3 trillion by 2025, according to Allied Industry Research.
FMCG Companies In USA – List of Top FMCG Companies In USA
Because there are numerous huge brands with established histories and a devoted customer base working in the FMCG sector, the industry has largely remained robust to economic downturns. Even COVID-19 had no effect on demand for the FMCG industry; on the contrary, as more people were forced to stay indoors, demand for FMCG products rose. Here is a list of the 10 top FMCG companies in the US.
Johnson & Johnson
Johnson & Johnson (NYSE: JNJ) is an American multinational healthcare corporation that was founded in 1886. Pharmaceutical, consumer, and medical equipment and diagnostics segments make up the company’s business. Oncology, neurology, cardiology, immunology, pulmonary, and metabolic illnesses are the focus of the pharmaceutical segment. The consumer market is primarily concerned with goods for women’s health, oral care, beauty, and over-the-counter medications. The corporation sells its goods in more than 175 countries and has 250 companies spread over 60 different nations.
Johnson & Johnson’s dedication to innovation is still strong, with products ranging from basic necessities like cotton swabs and baby shampoo to more complex options like prostate cancer treatments and 3D digital breast cancer diagnostic gadgets.
The Procter and Gamble Company
The Procter & Gamble Company (NYSE:PG), an American global corporation that manufactures and sells consumer goods, was established in 1837. It is one of the biggest consumer goods firms in the world, and it has more than 20 brands in its portfolio with at least $1 billion in annual global sales apiece. In 2012, the business sold Kellogg’s final food brand, Pringles. The Procter & Gamble Company (NYSE:PG) has operations in more than 80 nations and sells its goods under more than 160 different brand names in those nations.
More than 110,000 individuals work for the corporation, which is present in more than 80 nations. The business has recently improved its e-commerce options and digital presence to increase client reach in order to stay up with people’s evolving lifestyles.
A worldwide conglomerate corporation, Nestlé SA (OTC:NSRGY). With a vast variety of food items and a diverse brand portfolio, it is the largest food and beverage production firm in the world. Some of its well-known brands include Nescafe, Purina, Pure Life, Perrier, Milo, Nesquick, cheerios, KitKat, Smarties, Lion Cereals, Milkybar, etc. Nestlé S.A. (OTC:NSRGY), which has 350 plants dispersed over 79 nations, sells its goods in 186 nations.
It produces and sells syrups and concentrates for nonalcoholic beverages.
Coca-Cola, which was created in 1886 by pharmacist John Stith Pemberton, is the company’s signature item. Asa Griggs Candler, however, purchased the recipe and brand in 1889. In 1892, he was the one who established the Coca-Cola Company.
Coca-Cola has a history of making acquisitions. In 1960, it bought Minute Maid. Additionally, it purchased the Odwalla brand, whose product line includes fruit juices, snacks, and smoothies. Muhtar Kent currently serves as the company’s chairman and CEO.
It uses a system of franchised distribution. It solely makes syrup concentrate, which is distributed to different bottlers throughout the world. The anchor bottler of Coca-Cola beverages in North America is owned by The Coca-Cola Company.
Tyson Foods Inc.
Since it was established in 1935, not far from Springdale, Arkansas, Tyson Foods has consistently ranked among the top FMCG firms in the United States. Tyson, a company renowned for its excellence, will continue to have its headquarters in Springdale and will generate over $53 billion in revenue annually in 2022. Tyson Foods provided a wide range of high-quality food items to consumers in 2020, including meat-based goods, frozen and chilled foods, protein snacks, as well as foods that are already prepared. Tyson Foods is certain to continue to be a leader among FMCG producers for years to come with plans to continue growing even more by 2022 and pursuing its objective of nourishing families throughout the world.
The American personal care company Kimberly-Clark Corporation manufactures consumer goods made of paper.
Kleenex facial tissues, Cottonelle, Kotex feminine hygiene products, Andrex toilet paper, Scott Wypall utility wipes, Huggies disposable diapers and KimWipes scientific cleaning wipes, are all under the Kimberly-Clark brand. Kimberly-Clark Professional and Kimberly-Clark Health Care are examples of Kimberly-Clark’s subsidiaries.
In 1872, John A. Kimberly and a select group of investors established Kimberly, Clark, and Co. The group’s first venture was a paper factory, which it grew over the following decades. Later, in 1914, the business created cellu-cotton, a surgical cotton product.
The leading American corporation for the manufacturing and processing of groceries is Kraft Foods Group, Inc.
Its headquarters are in Northfield, Illinois, a suburb of Chicago. The business was established in 2012 as a consequence of a spinoff from Kraft Foods Inc., which has since changed its name to Mondelez International. While Mondelez is a foreign distributor of Kraft Foods confectionery brands, the new Kraft Foods Group focuses primarily on the distribution of supermarket products for North America.
The company’s main lines of operation include cheese, dairy products, snack foods, convenience foods, and beverages.
One of the top food manufacturers in the world, General Mills produces and sells more than 100 consumer brands in retail establishments.
Its headquarters are in Golden Valley, Minnesota, a suburb of Minneapolis. Convenience Stores & Foodservice, International, and U.S. Retail are the three reportable business segments through which it conducts business. Its product line includes yogurt, ice cream, organic foods, breakfast cereals, grain snacks, baking goods, meal products, and other food items. Its brand portfolio in the US includes 89 brands, some of which are market leaders. Trix, Haagen-Dazs, Pillsbury, Cocoa Puffs, Old El Paso, Green Giant, and Lucky Charms, are a few of its well-known brands. Additionally, it serves the purpose of delivering both branded and unbranded food items to the commercial baking industry.
L’Oréal S.A. (OTC:LRLCY), a French business that sells cosmetics and personal care items, was established in 1909. The brand also makes makeup items like mascara, eyeshadow, lip gloss, primer, foundation, lipstick, blusher, concealer, and face powder, in addition to skin, hair, and body care products.
The four business divisions of L’Oréal S.A. (OTC:LRLCY) are L’Oréal Luxe, Consumer Products, Professional Products, and Active Cosmetics. Garnier, Essie, L’Oréal Paris, Niely, Beauté, Yves Saint Laurent, L’Oréal Professionnel, Biolage, Mixa, Pureology, Prada, Diesel, Helena Rubinstein, Yui Said, etc. are some of its most well-known brands. Many different sales channels, including mass retail, travel retail, department shops, hair salons, e-commerce platforms, and branded freestanding stores, are used to sell these products worldwide.
The Estee Lauder Companies Inc.
Joseph and Estée Lauder launched Estée Lauder in 1946, which has since grown to become one of the top FMCG companies in the USA. Its corporate offices are in New York’s Midtown Manhattan. More than 25 well-known skincare, fragrance, makeup, lifestyle items, and haircare, are produced by the company and are distributed in more than 150 nations worldwide. The latest estimate for their revenue in 2022 is $16 billion. It’s no surprise that Estée Lauder has expanded from the modest family firm it began over 70 years ago into what it is today—a highly regarded global FMCG brand—with its wide selection of award-winning goods and top-notch customer service.