Now in its 20th year, the annual OC&C Global 50 report examines the world’s 50 largest FMCG businesses.
Following turbulent times during the first year of the pandemic, the sector rebounded with aggregate growth of 9.3% in 2021.
The OC&C report looks at how business performance has impacted the leaderboard rankings, discusses key trends set to impact the future, and shares recommendations the sector can take from the FMCG giants.
With ongoing volatility likely to continue over the next 12-24 months, OC&C noted that it is imperative for businesses to keep their finger on the pulse, adapting to external factors, whilst building resilience across all aspects of the business to seize growth opportunities.
OC&C stated that there are five questions all FMCG business leaders should be asking themselves.
- What changes should you make to your portfolio to strike the right balance of growth vs risk?
- Where should you place big bets within your portfolio to make sure your key brands are set up for success?
- How should you adapt your supply chain and operating model to make it more resilient and flexible without losing control of costs?
- How can you evolve your business model to deliver against ESG commitments, while still driving growth and profitability?
- What is the right strategy for your business to optimise performance as and when input prices come down?
Download the OC&C FMCG Global 50 here
NAM Implications:
- This has to be required/essential reading for anyone taking their business/career seriously.
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