Fast-Moving Consumer Goods Industry

The fast-moving consumer goods industry covers non-durable household products that sell quickly and at relatively low individual cost, including packaged foods, beverages, toiletries, cosmetics, over-the-counter medicines, and other dry goods bought for everyday use. Because these items are consumed and replaced often, the sector is defined by high inventory turnover and short shelf life relative to durable goods, requiring efficient supply chains and constant restocking by retailers. Major companies operating in this space include Nestle, Procter and Gamble, PepsiCo, Unilever, and Coca-Cola, each selling a wide range of branded consumer staples across global markets. In large developing economies such as India, the sector ranks among the largest by employment and economic output, supporting work for several million people across manufacturing, distribution, and retail.