Which FMCG product is most profitable
Table of content
● Most Profitable FMCG (fast moving consumer goods) Product
● Why Start an FMCG Business?
● List of 50 most profitable fast moving consumer goods products
Most Profitable FMCG (fast moving consumer goods)
Product
The term “fast moving consumer goods” (FMCG) is used. In general, FMCG products play a
significant role in the world economy. For your ready reference, we have gathered the most
profitable fast moving consumer goods in this blog.
FMCG products either have a short shelf life due to strong customer demand or because
the product degrades quickly. In addition, some FMCGs, such meat, fresh produce, dairy
items, and baked goods, have a short shelf life.
FMCG products typically have low profit margins. They do, however, frequently sell in big
quantities. As a result, the overall profit on these products is high.
FMCG offers a variety of items. Processed food items, wines and alcoholic beverages, soft
drinks and packaged water, bread goods, etc. are a few of the well-known segments. Here
is a ranking of the top most profitable fast moving consumer goods according to Myanmar
Golden Heart.
Why Start an FMCG Business?
The volume of the investment is one of the most crucial factors. With little start-up money,
anyone can launch this business. Additionally, you might anticipate significant growth in the
firm if you manage it well.
Second, you can advertise the things in reasonably simple ways. Just enough distribution is
available to spread the word about the goods.
In this industry, a high stock turnover rate is normal. In essence, this is a volume-based
industry.
The majority of FMCG products are perishable goods. Customers therefore have needs on
a daily basis. Additionally, these are the essential items for everyday usage.
There are many opportunities in the FMCG (fast moving consumer goods) industry that you
might investigate aside from manufacturing. You can contact Myanmar Golden Heart for
more related opportunities.
Read more: Fastest growing (FMCG) fast moving consumer goods companies
List of 50 most profitable fast moving consumer goods
products
#1. Bakery
Different kinds of bakery goods are particularly well-liked FMCG products. Additionally, the
bread industry offers excellent financial rewards for new business owners. To choose a
certain product line, you must consider the preferences of your target market.
#2. Baking Powder Production
Baking powder is actually a crucial ingredient in both cooking and baking. The primary
purchasers of this commodity, in addition to household consumers, are bakeries, caterers,
and restaurants. The manufacturing procedure is easy. And you only need a little initial
expenditure to launch the firm.
#3. Banana Chips Making
The value-added items made from bananas are banana chips or wafers. Consider starting
this business if you live somewhere where you can buy fresh bananas in large quantities.
Distribution, price, and proper packaging are the three main facets of this firm.
#4. Biscuit Making
Making biscuits is a lucrative and specialized FMCG industry. The industry also calls for
modest capital expenditures and infrastructure requirements. Before starting your firm, you
must, however, secure the required licenses from the appropriate government agency.
#5. Bread Making
This company is also successful. Bread typically comes in a variety of flavors and shapes. It
is best to start the business modestly and focus on the neighborhood first. You may
consider production expansion as your firm expands.
#6. Cake & Patties Making
Different cakes, patties, and burger varieties are becoming incredibly popular in both
developed and developing nations. These are all, in general, ready-to-eat foods. Additionally,
a little retail location is adequate for showcasing these goods. It’s best to start this
business with two or three goods, though.
#7. Canned Rasgulla
Rasgulla in cans is actually very trendy right now. In general, the canned Rasgulla has a
much longer shelf life than the uncanned kind. The item is also suitable for transporting.
Additionally, the product has considerable export potential.
#8. Cheese Production
Actually, both industrialized and developing nations require cheese as a basic dairy product.
Bread is a key component in many recipes in addition to being consumed. Therefore, there
is already a demand. However, this product comes in a number of variations depending on
taste, size, and packaging.
#9. Cottage Cheese Production
Paneer is the second most popular name for cottage cheese. This processed dairy product
is highly well-liked. Additionally, the shelf life of the paneer is extended when it is properly
processed and packaged. You can start a paneer production business with a 1000 square
foot covered space and a modest capital investment.
#10. Chocolate Making
Another highly lucrative FMCG (fast moving consumer goods) venture that you can launch
with a modest initial investment is this one. If you have the room, you can even launch the
business from your house. However, packaging is significant to this industry.
#11. Coconut Oil Production
In many nations, particularly those in the Asia Pacific region, coconut oil is a crucial cooking
ingredient. The main markets for this product include the food processing, personal care,
and cosmetics industries. If coconut production is abundant where you live, you might want
to establish this business on a small or medium size.
#12. Coffee Processing
Practically speaking, coffee seeds or beans are not consumables. These must therefore be
properly processed and packaged. The processing is intricate. Additionally, the company
needs both significant cash investment and strategic planning. However, from a financial
standpoint, coffee processing is a very lucrative industry. Furthermore, the product has
excellent export potential.
#13. Cornflakes Manufacturing
You might think about launching this business if you are in a region with a strong corn or
maize production industry. Additionally, you can launch a corn processing company with a
modest initial capital expenditure. Additionally, the company doesn’t need a big space for
production.
#14. Custard powder Production
In reality, custard powder is a delightful, ready-to-cook ingredient for sweet recipes. The
manufacturing procedure is easy. However, producing custard powder necessitates a
specific license and permit, just like any other food-related enterprise.
#15. Dal milling
One of the most lucrative business prospects in the agro-processing sector is dal milling.
Additionally, there are two ways to launch a dal milling company. One is a tiny dal mill, and
the other is a large-scale dal mill. Establishing a small dal mill is preferable if your initial
capital is modest.
#16. Desiccated Coconut Powder Manufacturing
This is a coconut product with extra value. Production technology is further accessible. The
product is currently gaining a tonne of popularity. In regions where coconuts aren’t grown,
desiccated coconut could do well.
#17. Fish Processing
Starting a fish processing business is a fantastic option if you reside near the coast. In
actuality, fish that has been cooked or canned has a longer shelf life. These goods are also
excellent for export and high-end sales.
#18. Flour Milling
The milling of flour is a thriving industry. The main component of bread is flour. Additionally,
it’s a crucial component of a variety of processed goods like biscuits, cakes, pies, soups,
and more. The primary drivers of market expansion are rapid industrialization and rising
consumer disposable income.
#19. Frozen Yogurt Production
Frozen yogurt is actually a beloved dairy good all around the world. Additionally, launching
this firm requires careful planning and a reasonable investment. In addition, you must focus
intently on marketing and distribution.
#20. Fruit Juice Production
A fruit juice manufacturing business can be very successful and wealthy. However, the
enterprise necessitates thorough preparation and significant capital expenditure. In the
beverage industry, fresh fruit juice is more common than other packaged drinks. In addition,
packaged fruit juice consumption is quickly rising.
#21. Ghee Production
Ghee can be thought of as clarified butterfat. It is also the vegetarian diet’s richest source of
animal fat. It provides 9 Kcal of energy per gramme. You have the option of starting a small
or large-scale ghee manufacturing operation. Ghee is quite well-liked in Asian nations. On
the other hand, it is widely present everywhere.
#22. Ginger Garlic Paste Making
This brand-new product is ginger-garlic paste. And interest in the product is growing quickly.
The main factors influencing the growth are an extremely hectic lifestyle and the rising
demand for prepared foods. From the same manufacturing facility, you may start making
onion paste.
#23. Grocery Store
For new business owners, a regular grocery shop is still a very profitable venture. This
FMCG company is also excellent for starting anywhere. Rural areas, small towns, and large
cities are all viable locations to launch an enterprise.
#24. Hing Processing
Asafoetida is compounded to make the edible Hing. It is a highly well-liked spice product.
However, not all nations have access to the essential raw materials. In essence, you have to
import the raw ingredients from Afghanistan and Iran. It is employed in the food processing
and cosmetics industries in addition to as a spice.
#25. Honey Processing
It’s common to consume honey. The product also has potential for both domestic and
international sales. If you reside in a region where honey is produced, you might want to
think about opening a processing facility. In this industry, the placement of the unit is
extremely important. Since raw honey must be obtained in sufficient quantities to
manufacture packaged honey.
#26. Ice Cream Making
Both in industrialized and emerging nations, ice cream is a very popular commodity. It is
also one of the best desserts, in my opinion. This meal is adored by individuals of all ages.
An ice cream manufacturing company is tremendously financially successful. But you need
to have the right marketing plan for this company.
#27. Ice Cream Parlor
A successful FMCG business concept is a little ice cream shop. You can also launch this
business using the kiosk concept. However, you must offer your customers a convenient
and pleasant setup.
#28. Jam Jelly Making
Making jam and jellies is a traditional industry, but it is still quite successful. Even
housewives and female entrepreneurs can succeed in this line of work. Making jam and
jellies at home can be lucrative. due to the cheap infrastructure costs required. Depending
on the fruit availability in your area, you can produce a variety of items.
#29. Juice Bar
A profitable retail beverage business is a juice and smoothie bar. In addition, you can launch
the company as a franchise. The success of this business over the long term depends on
finding a strong retail location.
#30. Meat Processing
The demand for various kinds of animal protein is rising quickly. However, launching a small
meat processing company takes thoughtful preparation and a sizable financial
commitment. You also need to have a good marketing strategy for this company.
#31. Milk Powder Production
In the FMCG sector nowadays, milk powder occupies a key place. Actually, milk powder is a
convenient form that may be processed further into a variety of goods. When local milk is
unavailable or not cost-effective, the powder is typically recombined locally and utilized to
replace liquid milk.
#32. Mushroom Processing
The lifespan of fresh mushrooms is extremely short. But after processing and canning, they
have a few months’ worth of shelf life. More productive than any crop, mushrooms are. Any
individual with minimal resources and infrastructure can start a mushroom processing
facility. The unit can be started at home even by you.
#33. Mustard Oil Production
Another fantastic FMCG venture that you may launch at any scale depending on your
capitalization. In truth, mustard oil is a widely used cooking oil. It typically comes in pet
bottles or poly pouches. Only mustard seeds are used as the main raw material.
#34. Mayonnaise Production
Mayonnaise is essentially a rich, creamy condiment used in cooking. Typically, the main
components of mayonnaise are oil, egg yolk, and either vinegar or lemon juice. The
manufacturing procedure is easy. It also requires a minimal amount of equipment and
apparatus.
#35. Noodles Manufacturing
Noodles typically come in two different styles. Instant noodles with spice, oil, and other
ingredients are one option. Another is pre-packaged plain noodles that need to be prepared
and mixed with additional ingredients. But compared to the second kind, the ready-to-eat
variety brings in higher revenues. The job can be carried out from home as well.
#36. Online Grocery Delivery
A popular business today is an online grocery store. People with demanding work schedules
prefer to have the goods delivered to their homes rather than visiting the market. This
company, however, needs a large cash commitment for both operation and marketing.
#37. Organic Food Store
Food that has been farmed organically is becoming increasingly popular. People are
becoming more conscious of eating foods that contain dangerous substances.
Consequently, opening a small organic food store is a very successful venture. But in this
sector, product procurement is really essential.
#38. Packaged Drinking Water or Mineral Water
In general, the localized demand for packaged drinking water is a major factor in the
product’s success. Although 1 liter and 500 ml bottles can be profitable, 20 liter drums can
yield the highest profits.
#39. Paneer & Cheese Manufacturing
Cheese and paneer are incredibly well-liked items with extra value. The production process
is also straightforward. The unit can be started using straightforward machinery. In general,
packaged paneer commands higher prices than loose paneer.
#40. Papad Making
A delectable and well-liked snack is papad. Anyone can start a papad-making business,
whether it is on a large or little scale, from their house. The demand for many papad types is
gradually rising. Demand is consistent throughout the year and typically increases by 10% to
15% during the holiday season.
#41. Pickles Making
Making pickles is a successful industry worldwide. Pickles are, however, often more
well-liked in the Asia Pacific region. There are many different types of pickles. Additionally, a
person’s physical condition and particular taste often depend on their environment.
#42. Popcorn Production
Popcorn is actually a delightful and delectable snack that everybody can enjoy. You may
want to think about starting this business if you want to create a modest manufacturing
operation in the FMCG sector. Additionally, it is a low-cost enterprise.
#43. Potato Chips Making
Potato-based value-added goods play a significant role in the worldwide FMCG industry. In
addition, starting a firm that makes potato chips is rather simple. Various potato types are
typically used to make chips. According to consumer demand, a variety of chips must be
produced by incorporating various spices and flavors.
#44. Rice Milling
For the majority of people on this planet, rice is a primary staple diet. There are many
different types of rice available, all at various price points. The business of milling or
processing rice is successful. Additionally, if you live in a region where rice is grown
extensively, you can think about starting a rice mill project.
#45. Shrimp Papad Making
Shrimp papad is the simple name for the papad cooked with shrimp. You’ll need to
purchase fish flour along with other dal flours to make shrimp papad. The production
method is straightforward. Either a semi-automated or completely automatic configuration
of the machine is possible.
#46. Soy Sauce Production
Soy sauce, often known as soya sauce, is typically used to flavor a variety of foods. The
product is really well-liked all across the world. The usage of soy sauce in both Western and
Chinese cuisine as well as in meat products is widely accepted. Basically, soy sauce may be
made from soy flour.
#47. Spice Processing & Packaging
Spice processing and packaging is a hugely successful FMCG industry globally. The flavor
and taste of processed meals are significantly improved by spices. Because of their
digestive and carminative characteristics, they are also used in medicine.
#48. Sugar Production
The FMCG industry’s established and successful sugar milling sector. Starting a sugar mill
requires a lot of capital. Additionally, you can only launch the firm in a region where
sugarcane is grown. because you must regularly obtain sugar cane for your factory
operation.
#49. Tea Bag Making
Simple steps are taken to create tea bags. And there is a sizable demand for the goods
among domestic and institutional audiences. You can start this business at home or with a
minimal infrastructure. Basically, you need to be aware of the particular demand in your
area. Consequently, you need to prepare the tea bags. Cardamom tea, basil tea, and other
tastes are among the most popular ones.
#50. Tea Processing
Tea processing and production facilities are particularly financially rewarding for new
businesses. Additionally, the company offers enormous potential for growth. However, you
must begin the unit in a region where tea is grown.
Myanmar Golden Heart hopes that this collection of most profitable FMCG products will
assist you in making a thoughtful choice regarding opening your own company.