The highest ranking of consumer goods companies based on 2023 revenue have been recently announced.
Top 100 consumer goods companies 2024
Over the past year, the
companies on this list have balanced cost-saving measures with bold investments
in technology, AI, and consumer engagement to improve efficiency and stay
competitive amid challenges like inflation, supply chain issues, and shifting consumer
priorities.
The largest FMCG companies in the world have invested in OpenAI’s GPT-4, Instacart etc, piloted VR for R&D, used 3D tech for better retail shelving, launched new digital platforms or acquired new enterprises to name a few initiatives that have contributed to its growth.
However, this has not translated in the performance of
its shares and the trajectory of most of this companies have been spiraling
down leading to negative returns to shareholders over the last 365 days.
It can be surprising that the size and growth of these
companies does not match their performance in the stocks market, and it would
be an interesting debate to understand why.
Trust? Expectations? Overall macro-economic performance?
….
The largest FMCG companies in the world have invested in OpenAI’s GPT-4, Instacart etc, piloted VR for R&D, used 3D tech for better retail shelving, launched new digital platforms or acquired new enterprises to name a few initiatives that have contributed to its growth.