15 Largest FMCG Companies in the World

Ty Haqqi
·8 min read

In this article we are going to list the 15 largest FMCG companies in the world. Click to skip ahead and jump to the 5 largest FMCG companies in the world.

So what exactly does an FMCG company refer to? Well, FMCG stands for fast moving consumer goods, and encompasses all types of goods. So basically, any good that can be manufactured quickly and is generally mass produced is considered to be FMCG and the company producing them known as an FMCG company. The FMCG sector can encompass several industries including cigarette and tobacco, food (which is perhaps the biggest industry within FMCG), beverages, toiletries and batteries among many others. Hence, you can agree that the FMCG sector is quite diverse, and one of the most important sectors in the world as well, which is perhaps why it is worth approximately $15 trillion globally.

While it may be a huge sector, being an FMCG company is not an easy thing. Margins tend to be extremely low with low barriers to entry and hence high competition. In fact, the profits of an FMCG are rather reliant on volumes rather than high prices as many of these goods, barring cigarettes of course, tend to be price elastic, and hence can put off people with a price rise. Furthermore, many of these goods generally tend to have a short shelf life and hence, have to quickly get their product out and sell it to avoid expiration costs as well as warehousing costs. So basically, for an FMCG company to grow and earn profits, they need to sell as much volume as they can, and quickly and consistently, otherwise they'll be in a bit of trouble. In addition, now that the world has grown environmentally conscious and realized the damage that packaging does to the environment and the fact that it is not sustainable, FMCG companies are under pressure to provide environmentally friendly packaging, which is also raising costs. This increase in costs is affecting the already low margins in the industry, though the 15 largest FMCG companies in the world are unlikely to face such issues, considering their profits are already in billions of dollars.

Girl shopping, Girl in supermbarket, girl with shopping cart
Girl shopping, Girl in supermbarket, girl with shopping cart

Copyright: nicoletaionescu / 123RF Stock Photo

Of course, the strength of the FMCG sector, and any other sector in the world basically, has been significantly impacted by the Covid-19 pandemic. Originating in China, the virus spread across the world and has infected over 60 million people, killing more than 1.4 globally as well. To prevent its spread, most countries across the world went into lockdown, with all businesses other than essential businesses being closed down, affecting billions of people. These lockdowns have affected many FMCG companies as well, but mostly those who are in the non-essential category. Many companies, especially food and beverages companies, have also seen a major jump in demand as people increased their consumption while in lockdown, though other industries such as the alcohol industry still face a long recovery, as it has been weighed down by travel retail exposure and on-trade exposure. Many countries blocked alcohol sales, including India and South Africa to allow for a smoother lockdown.

The largest FMCG companies in the world include companies which are among the largest beverage companies in the world and the largest dairy companies in the world. These companies have accumulated assets of over $1.2 trillion while the market cap was nearly $1.9 trillion as well. The total revenues of these companies are over $670 billion and the total profits are worth nearly $81 billion. These are also some of the most well known companies in the world, owning brands which you are more likely than not to have in your own house as well. These companies are from the food and beverages industry, cigarette and tobacco industry, meat industry and household products industry as well. So let's take a look at the companies responsible for most of the products in our households, starting with number 15:

15. Kraft Heinz (NASDAQ:KHC)

Total market cap of the company (in billions of dollars): 39.78

Total revenue of the company (in billions of dollars): 18.2

Total assets of the company (in billions of dollars):): 22.9

Total net profit of the company (in billions of dollars): 1

Headquartered in the US is one of the biggest American food companies in Kraft Heinz, where in addition to Kraft and Heinz, there are at least 20 additional major brands including Boca Burger and Gevalia. Pixabay/Public Domain

Biggest IPOs in US History
Biggest IPOs in US History

14. JBS

Total market cap of the company (in billions of dollars): 11.7

Total revenue of the company (in billions of dollars): 51.8

Total assets of the company (in billions of dollars):): 31.4

Total net profit of the company (in billions of dollars): 1.5

It is the second biggest processor of meat, beef and pork in the world, and is headquartered in Brazil, with over 150 plants across the world. Copyright: auremar / 123RF Stock Photo

animal, beef, beefsteak, bone, butcher, butchered, butchery, carcasses, cow, flesh, food, fresh, hairnet, hanging, holding company, hygiene, leg, man, meat, muscle, premium, protein, raw, refrigerated, roast, side, slaughterer, slaughterhouse, worker
animal, beef, beefsteak, bone, butcher, butchered, butchery, carcasses, cow, flesh, food, fresh, hairnet, hanging, holding company, hygiene, leg, man, meat, muscle, premium, protein, raw, refrigerated, roast, side, slaughterer, slaughterhouse, worker

13. Heineken

Total market cap of the company (in billions of dollars): 22.4

Total revenue of the company (in billions of dollars): 26.8

Total assets of the company (in billions of dollars):): 52.2

Total net profit of the company (in billions of dollars): 1.2

One of the most well known beer brands in the world is Heineken, which is headquartered in the Netherlands. Pixabay/Public Domain

12. Tyson Foods (NYSE:TSN)

Total market cap of the company (in billions of dollars): 23.7

Total revenue of the company (in billions of dollars): 43.1

Total assets of the company (in billions of dollars):): 33.8

Total net profit of the company (in billions of dollars): 2

Tyson Foods was founded 85 years ago in 1935, and is the biggest processor of chicken, been and pork in the entire world. Pixabay/Public Domain

Tyson Foods, Inc. (NYSE:TSN)
Tyson Foods, Inc. (NYSE:TSN)

11. Danone

Total market cap of the company (in billions of dollars): 45

Total revenue of the company (in billions of dollars): 28.3

Total assets of the company (in billions of dollars):): 50.9

Total net profit of the company (in billions of dollars): 2.1

Danone is one of the biggest dairy companies in the world and is headquartered in France, with products sold in 120 countries. Copyright: kornienko / 123RF Stock Photo

10. Mondelez (NASDAQ:MDLZ)

Total market cap of the company (in billions of dollars): 82.2

Total revenue of the company (in billions of dollars): 26

Total assets of the company (in billions of dollars):): 63.6

Total net profit of the company (in billions of dollars): 3.7

Mondelez is a food, beverage and snack company in the US, and owns some of the most famous brands in the world including Chips Ahoy!, Oreo, Ritz, Tuc, Toblerone, Cadbury and numerous more, some of which may be in your pantry right now. Pixabay/Public Domain

Mondelez International Inc (NASDAQ:MDLZ)
Mondelez International Inc (NASDAQ:MDLZ)

9. Phillip Morris (NYSE:PM)

Total market cap of the company (in billions of dollars): 119.7

Total revenue of the company (in billions of dollars): 30.2

Total assets of the company (in billions of dollars):): 37.5

Total net profit of the company (in billions of dollars): 7.6

Phillip Morris is the biggest cigarette manufacturer in the US, and has products in around 180 countries, and if you're a cigarette smoker, you must have at least once tried its most recognized brand, Marlboro. Pixabay/Public Domain

8. L'Oreal

Total market cap of the company (in billions of dollars): 162.5

Total revenue of the company (in billions of dollars): 33.4

Total assets of the company (in billions of dollars):): 49.2

Total net profit of the company (in billions of dollars): 4.2

L'Oreal is the biggest cosmetics company in the entire world producing hair color, sun protection, skin care, perfume and make-up. The company is headquartered in Paris, France.

7. British American Tobacco

Total market cap of the company (in billions of dollars): 88.8

Total revenue of the company (in billions of dollars): 33

Total assets of the company (in billions of dollars):): 186.8

Total net profit of the company (in billions of dollars): 7.3

It is the largest cigarette manufacturer in the entire world, and has operations in over 180 countries with its biggest brands including Dunhill, Pall Mall, Lucky Strike and Kent. Pixabay/Public Domain

6. Unilever (NYSE:UN)

Total market cap of the company (in billions of dollars): 130.6

Total revenue of the company (in billions of dollars): 58.2

Total assets of the company (in billions of dollars):): 72.7

Total net profit of the company (in billions of dollars): 6.3

Headquartered in the UK and the Netherlands, Unilever is a consumer goods company, engaging in the production of candy, food, pregnancy tests, frozen foods and numerous other products, and has 13 brands with over a billion euros in revenue each annually. 360b / Shutterstock.com Please continue to the 5 largest FMCG companies in the world.

brand, cosmetic, industry, sign, company
brand, cosmetic, industry, sign, company

Disclosure: No positions. 15 largest FMCG companies in the world is originally published on Insider Monkey.