Meaning of the word FMCG in English

What does FMCG mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

FMCG

US /ˌef.em.siːˈdʒiː/
UK /ˌef.em.siːˈdʒiː/
"FMCG" picture

Abbreviation

Fast-Moving Consumer Goods: products that are sold quickly and at relatively low cost. Examples include non-durable household goods such as packaged foods, beverages, toiletries, candies, cosmetics, and other consumables.

Example:
The company specializes in the distribution of FMCG products across the region.
The market for FMCG is highly competitive.