As consumption in metros begins to improve, the negative trend for modern trade could change in the months ahead, Nielsen said
If e-commerce sales are excluded, the sector growth stood at 9.3 per cent in the March quarter, 7.1 per cent in the December quarter, and 0.8 per cent in the September quarter
Indian FMCG industry has recorded a 9.4 per cent growth in the January-March quarter of 2021, helped by a consumption-led growth and value growth by increased prices of products
In an update last month, Nielsen said the January-March 2021 period also looked strong.
The state of Maharashtra, Mumbai in particular, is seeing a surge in infections as normalcy returns.
The industry was helped by consumption-led recovery during the festive period
Famous sitcom 'The Office' got in hefty viewing on Netflix weeks before being shifted to its rival streamer Peacock
Personal care majors say assessment of full-year contraction is fine, food firms indicate otherwise.
Headwinds such as commodity inflation outweigh positives. Downgrade comes amid positive growth reported by sector in Q3, which is expected to continue into Q4
Rural areas continued to drive growth for the FMCG sector.
Nielsen Holdings Plc said it will sell its consumer goods data unit for $2.7 billion to private equity firm Advent International, as the market research firm narrows its focus to its media arm
Nielsen defines middle India as urban but towns with population of 1-10 lakh, excluding rural centres and metros.
Flat growth will be on account of 18 per cent decline in April-June quarter
Though the FMCG industry has shown some sign of improvements in June, but in the first half of the year the industry growth slipped to negative with 6% decline
28% consumers keen on buying home appliances, while other discretionary spending is on hold, says Nielsen survey
This number was significantly higher for outlets other than chemists and grocers, Nielsen said in the third edition of its report on FMCG sector after Covid-19
Traditional trade sees bigger drop, says Nielsen
The data released by Nielsen and the Broadcast Audience Research Council (BARC) shows that internet usage has grown sharply in cities over the last one month, touching 54 per cent
Beauty products segment witnesses 0.8% decline in March, says Nielsen
Nielsen estimates 5-6% full-year growth, down from 9-10 %