New Delhi, The Indian FMCG sector, which had a volume growth of 4.5 per cent in 2025-26, is likely to face a moderation in growth this year amid geopolitical tensions impacting energy markets and concerns over a below-normal monsoon, said a report by Worldpanel by Numerator (formerly Kantar).
This momentum would normally lift FMCG volume growth closer to 5 per cent over the year; however, two key macroeconomic headwinds - volatility in energy markets triggered by geopolitical conflict and early signs of below-normal rainfall - could materially influence the trajectory of FMCG demand, it added.
