Environmental, Social, and Governance (ESG) issues are of increasing importance in the Fast-Moving Consumer Goods (FMCG) industry, including both Fast-Moving Consumer Goods companies (FMCG) and Food and Beverage Organizations (FBOs). Here are key ESG issues they need to address: Environmental Issues: Sustainable Sourcing: FMCG companies and FBOs should focus on sourcing raw materials sustainably, including […]

The FMCG industry faces several significant challenges that impact its operations and growth. Here are some of the key challenges: Changing Consumer Preferences: Consumer preferences and behaviors are constantly evolving, driven by factors such as health consciousness, sustainability concerns, and digitalization. Keeping up with these changing preferences and meeting the demands of diverse consumer segments

The Fast-Moving Consumer Goods (FMCG) industry and the health and wellness sector have become increasingly intertwined in recent years. Consumers are becoming more health-conscious and are seeking products that not only satisfy their basic needs but also contribute to their overall well-being. This convergence has resulted in several key trends and strategies in the FMCG

Sustainability in the Fast-Moving Consumer Goods (FMCG) business is a crucial consideration for companies in this industry. FMCG businesses produce and sell everyday products, such as food, beverages, personal care items, and household goods, which are consumed rapidly and frequently. Ensuring sustainability in the FMCG sector is important for several reasons: Environmental Impact: FMCG companies

The FMCG industry in South Africa is expected to grow at a CAGR of 4.5% from 2023 to 2028, reaching a market value of \$144.7 billion by 2028. This growth is being driven by a number of factors, including: Population growth: The South African population is expected to grow by 1.7% per year over the next