MAM
Parle emerges as India’s Most Chosen FMCG Brand: Kantar India
New Delhi: Parle Products has once again emerged as the top FMCG brand in the ninth edition of the annual Brand Footprint India report released by Kantar India.
The report ranks the ‘Most Chosen FMCG Brands’ based on the Consumer Reach Points (CRP’s), which consider the actual purchase made by consumers and the frequency at which these purchases are made in a calendar year. Higher the CRPs, higher the opportunity for brand growth.
With a CRP score of 5715 (million), Parle holds the top spot for a record ninth year in a row, said Kantar India. It is followed by Amul, Britannia, Clinic Plus and Tata Consumer Products.
In a year dominated by health & hygiene, Dettol grew a whopping 48 per cent in CRP’s (923 Mn) and entered the top 25 brand list. Dettol was followed by Lifebuoy with a growth of 25 per cent CRP’s (1798 Mn), Vim at 21 per cent CRP’s (1454 Mn), Dabur at 14 per cent CRP’s (1458 Mn) and Britannia at 11 per cent CRP’s (4694 Mn).
The overall consumer reach points (CRP’s) have increased from 86 billion to 89 billion however, the rate of growth has plummeted down to four per cent, from eight per cent in 2019. COVID impacted the frequency of purchase as average trips made to purchase grocery reduced but more purchases per trip were recorded in 2020.A
According to the report, purchase frequency reduced by one per cent but spend per trip grew by five per cent, which led to lower number of brands (50 per cent) growing in terms of CRP as compared to 2019 (72 per cent). Growth in CRP is also directly proportional to the brand hierarchy in the ranking. Across the board, the percentage of brands growing fell by 22 per cent however brands in the top 50 only fell by 14 per cent (over 2019).
Penetration continues to remain the driving force. Low penetrated brands showcase a CRP growth of three per cent while high penetrated brands show a 4.5 per cent growth. At 88 per cent, Colgate (including all brands like Dental Cream, Cibaca, Active Salt, Gel etc) recorded the highest household penetration in 2020. The overall brand gains (in terms of penetration) are led by health and hygiene brands like Dettol (13.3 per cent), Lifebuoy (6.3 per cent), Savlon (5.4 per cent) and Harpic (4.3 per cent).
Worldpanel Division at Kantar, managing director- South Asia, K. Ramakrishnan said, the brand footprint is a great way of measuring and rewarding brands by the extent to which they are chosen by consumers. “Choice is a function of penetration and frequency. However, year after year, we find that brands grow a lot more on account of penetration gain than frequency gain. The biggest gainers in brand footprint 2020 were expectedly the hygiene brands. That said, the traditional leaders also held their positions by ensuring penetration growths even during the pandemic,” he added.
Brand Footprint Top 10 Most Chosen Brands of India in 2020:
|
2020 Rank |
2019 Rank |
Brand |
CRP (Mn) |
|---|---|---|---|
|
1 |
1 |
Parle Products |
5715 |
|
2 |
2 |
Amul |
5107 |
|
3 |
4 |
Britannia |
4694 |
|
4 |
3 |
Clinic Plus |
4171 |
|
5 |
6 |
Tata Consumer Products |
2391 |
|
6 |
5 |
Ghadi |
2195 |
|
7 |
8 |
Nandini |
2178 |
|
8 |
9 |
Colgate |
2069 |
|
9 |
7 |
Aavin |
1984 |
|
10 |
13 |
Lifebuoy |
1798 |
Brands
Axis Bank named Official Banking Partner of DP World PGTI
Partnership supports all tournaments this season to grow professional golf in India.
MUMBAI: Axis Bank just teed up a hole-in-one partnership because when a bank sponsors golf’s biggest swing in India, even the fairways feel more financially secure. Axis Bank has been appointed Official Banking Partner of the DP World Professional Golf Tour of India (DP World PGTI), strengthening its commitment to sporting excellence and community engagement while backing the growth of professional golf across the country.
Under the partnership, Axis Bank will support all DP World PGTI tournaments this season, contributing to talent development, enhanced tournament experiences and wider fan engagement. The collaboration aligns the bank’s values of precision, discipline and trust with the Tour’s focus on performance and opportunity.
Axis Bank executive director Munish Sharda said, “We are pleased to partner with DP World PGTI as its Official Banking Partner. Golf embodies precision, discipline, and a pursuit of excellence qualities that strongly reflect who we are at Axis Bank. This association also strengthens our engagement with India’s growing premium customer segments, where the sport has a deep and enduring connect.”
Professional Golf Tour of India president Kapil Dev said, “We are extremely pleased to welcome Axis Bank as a Tour Partner of the DP World Professional Golf Tour of India. Partnerships of this stature play a vital role in strengthening the foundation of the Tour, enhancing opportunities for our players, and expanding the sport’s reach across the country.”
Professional Golf Tour of India CEO Amandeep Johl added, “Axis Bank’s strong legacy of excellence, innovation, and nationwide reach aligns perfectly with DP World PGTI’s goal to elevate professional golf in India and provide greater opportunities for our players.”
In a sport where every stroke counts and every partnership drives distance, Axis Bank isn’t just backing golfers, it’s investing in the fairway to future, turning India’s greens into a stage where precision meets passion and every drive has the power to inspire.
