Technopak Advisors’ Post

Parle Tops India's FMCG Brand Rankings for the 12th Consecutive Year Parle Products Pvt. Ltd continues to dominate the #IndianFMCG sector, securing the top spot in the #BrandFootprint ranking for the 12th consecutive year. The annual study by Kantar Worldpanel measures brands based on #consumerreachpoints (CRPs), which combine household penetration and purchase frequency. Parle achieved an impressive 7.98 billion CRPs, maintaining its lead over Britannia Industries Limited, which recorded 7.93 billion CRPs. The dominance of #homegrownbrands is evident, with seven of the top ten brands being Indian. Notably, Hindustan Unilever's Clinic Plus is the only non-food brand in the top five, although it saw a 5% decline to 4.14 billion CRPs. This year’s data underscores the importance of consumer choice in assessing #brand strength and #marketpresence. #ParleProducts, known for its iconic brands such as Parle-G, Monaco, and Melody, recently surpassed $2 billion in annual revenue, becoming the first Indian #packagedfood company to achieve this milestone. Despite economic slowdowns and rising inflation, Parle-G's affordable pricing strategy has helped it remain a #consumerfavorite, particularly with its five-rupee pack. K Ramakrishnan, Managing Director for South Asia at Kantar’s Worldpanel Division, emphasized the value of the #BrandFootprint ranking in understanding consumer behavior. He noted that as #consumers make more frequent purchases, their choices diversify, leading to an increase in CRPs over time. Mavank Shah, Vice-President at Parle Products, attributed their success to a deep understanding of #consumerneeds and a commitment to providing value. “Staying true to consumer preferences and adapting to changing dynamics is key to maintaining relevance,” he stated. The report also highlighted out-of-home consumption trends, with #Britannia leading this segment at 628 million CRPs, followed by Haldiram's, #Cadbury, #Balaji, and #Parle. Thums Up emerged as the top beverage brand outside the home. Despite a slight dip compared to last year, overall CRPs have surged by nearly 33% over the past five years, reflecting the growing engagement of consumers with their preferred brands. #foodbusiness #foodideas #foodbusinessgrowth #foodconsulting #businessmanagement #businessconsultants #technopak #technopakadvisors #technopakinsights

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