Patanjali is dominating the oral care market eating the market shares of Colgate
India: Patanjali Ayurved, the
Indian FMCG player owned by Divya
Yog Mandir is slowly dominating the oral care product market with its
tooth paste brand Danta
Kanti, with variants such as medicated, advance and junior.
The undisputed leader in oral care Colgate is
facing a threat from the home grown brand patanjali run by yoga guru Baba
Ramdev with its sales dipping the current fiscal.
Colgate’s volume has dropped significantly in
2015-16, on the other hand the increasing market shares of patanjali has caught
the attention of the market signifying the threat to the major player.
Patanjali has a market share of about 5% in the oral care segment although it
entered very recently and is capturing the market at a very high pace.
The home grown FMCG company is not only showing
increase of market share in oral care but also is showing a significant growth
in health food drinks and baby care products along with noodles. With the
demand for the product increasing the company is also planning to increase in
product portfolio in the coming years to enter the baby oil, talcum powder,
baby soap, shampoo etc.
The Company is competing with MNC’s like Glaxo Smithkline
Consumer, Mondelez, and Johnson & Johnson by launching its own baby care and
health food drinks products.
According to Techsci Research Patanjali products
will start to dominate the market share and is anticipated to outgrow the market share of the FMCG
giants in the coming five years. Currently, with the revenues of
over INR 2500 crore, Patanjali is one of the top five FMCG companies in India.
The company with its new delivery platform is keeping pace
with the raising demand, selling delivering the products through its online portal
and has tied up with Pluss for delivery of
its home care and wellness products.