Fast-moving consumer goods (FMCG) are goods that are easily transported, readily purchased, and have low prices. They include alcoholic beverages, sweets, toiletries, and perishables like meat and dairy. By 2025, it is anticipated that the worldwide FMCG market would be worth $15,361.8 billion. People purchase consumer items regardless of the state of the economy. The FMCG market held steady when the world entered a recession as a result of the pandemic. Sales of packaged goods increased by 32%, frozen foods by 27%, dairy products by 26%, and paper products by 6% in North America.
Insider Monkey highlighted the 12 best FMCG stocks to buy now. The leading supplier of food items, smallwares, kitchenware, and tabletop items to restaurants, schools, hospitals, and other hospitality industries is Sysco Corporation. The most recent raise was announced on April 28, 2022, and the corporation has a dividend yield of 2.31 percent. The largest independent rendering firm in Brazil, the FASA group, has been purchased by Darling Ingredients Inc. for $560 million. Annual processing of 1.3 metric tonnes by the company will contribute significantly to revenue growth. General Mills, Inc. was the subject of a total investment by 37 hedge funds as of July 19 worth $819.57 million. The business intends to distribute between 80% and 90% of its free cash flow to shareholders in the form of dividends and share repurchases. Church & Dwight Co. is a company that makes household goods. The company’s Arm & Hammer range includes toothpaste, detergents, and baking soda, in addition to other well-known items. With an annual dividend of $1.06, it has a dividend yield of 1.11 percent. An American global corporation called The Hershey Company makes chocolates, drinks, baked goods, and other confectionery items. To $226 billion, revenues increased by 87% year over year. Analyst Kenneth Zaslow of BMO Capital increased the price objective in April from $215 to $255. A confectionery, food, and beverage corporation with operations in more than 160 nations is Mondelez International, Inc. Among many others, its most well-known brands include Cadbury, Oreo, Toblerone, and Trident. A major producer and supplier of consumer goods worldwide is Colgate-Palmolive Company. An authorized share repurchase program of up to $5 billion was launched by the business in March. For more details, click 12 Best FMCG Stocks To Buy Now.
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