In 2024, India’s FMCG landscape was defined by persistently high food inflation, which only eased towards the close of the year. Despite this challenging environment, paired with a decline in shopping trips, Indian shoppers demonstrated remarkable resilience and a growing reliance on packaged foods. The snacking and beverage categories led the surge up the Brand Footprint ranking, reflecting evolving consumption patterns and an appetite for convenience.
Local brands continued to solidify their standing, in particular by expanding into new markets, while the ranking this year reinforces the fact that penetration remains the pivotal driver of growth. India’s 2024 story is one of shopper determination, aspiration, and the enduring quest for value.