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- 1 Fast Moving Consumer Goods (FMCG), also known as Consumer Packaged Goods (CPG) stocks are running high in demand in the USA.
- 2 In the USA only, the FMCG market holds a market value of $725.2 Billion, approximately 89% of the market.
The consumption of goods used by individuals on a daily basis is enhanced in the USA. The global FMCG market is valued at $11329646 Million in 2022 and is expected to grow up to $310.5 Billion by the end of 2026. FMCG companies in the USA market hold aggressive marketing and distribution strategies to meet consumer demands.
Let’s take a look at the top FMCG players in the USA market that skyrocketed the USA stocks market.
The Kraft Heinz Company (KHC)
The Kraft Heinz Company was founded in 1909 and is highly engaged in manufacturing food and beverage products. The firm played a chief role in skyrocketing the stock market through its production and performance. Currently, KHC’s stock price is $32.55 with a market cap of $39.981 Billion. The annual revenue of the Kraft Heinz Company is $26.484 Billion with a net income of $2.363 Billion. As per the professional’s ratings, the product’s demand makes the stock a good buy.
Procter & Gamble (PG)
Another powerful name added to the list is Procter & Gamble, a Consumer Non-Durables company established in 1837. With a 107K workforce, the company manufactures and distributes a wide range of products in different segments including beauty, health care, fabric, family care, etc. PG stock price is $152.44 with a market cap of $359.285 Billion and annual revenue of $82.006 Billion. Based on the current performance and professional ratings, the stock is a buy.
Johnson & Johnson (JNJ)
Johnson & Johnson is one of the top players in the list of best USA FMCG stocks. Founded in 1887, the company employs 152.7K employees, adding Johnson & Johnson in generating an annual revenue of $95.015 Billion. JNJ’s stock price is $160.68, an upsurge of 0.12% with a market cap of $386.92 Billion. The increasing demand for consumer health products just boomed the value of Johnson & Johnson, making it a buy as per an aggregate view of professional ratings.
Coca Cola HBC Ltd (CCHBF)
Coca-Cola HBC Ltd., a leading name in ready-to-drink beverages contributing to the USA stock market. The firm is highly engaged in the manufacturing, sale, and distribution of beverages and operates in both developing and developed markets. CCHBF stock price is $26.75 with a market cap of 9.852 Billion. Focusing on the current performance, the annual revenue of Coca-Cola HBC Ltd. is $9.462 Billion, making it a strong buy as per professional ratings.
General Mills, Inc. (GIS)
Another FMCG stock that is performing well in the US marketplace is General Mills. Founded in 1928, the firm is accountable for fulfilling the human needs related to edible items. With a workforce of 34K, the company is generating an annual revenue of $20.094 Billion. GIS stock price is $66.10 with a market cap of $38.416 Billion.
Conclusion
The booming demand for FMCG products simply upsurges the value of companies including The Kraft Heinz Company, General Mills, Inc., Coca-Cola HBC Ltd, Procter & Gamble, and Johnson & Johnson in the USA stock market.
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