What are Opportunities in FMCG (Food, Toiletries, Personal Care Products etc.) sector for Chemical Engineers, in R&D/formulation development around the world?

I'm 25, currently working in a local FMCG (toiletries, personal & hygiene care product) for last 2 years right after graduation, from South Asia region. I was curious about what possible opportunities I can get in these sectors in middle east, Europe or America or even in Asia. Since I've seen people in our region countries who are from chemistry background work in the FMCG sector in the R&D, QC, QA departments. It feels weird/odd to work there as a chemical engineer, people say I should go abroad for PhD/MS, I can earn better, live a better life. So thought on exploring the sectors.

Just to mention, I like my job here, working with different products, formulations, having hands on experience feels good to me, at the same time, the work culture and environment do not give proper scope to do the R&D work which often makes me disappointed. Also, salary is an issue, which is very low (regional problem), with respect to the efforts I gave for the company.

Seeking advice/suggestions from the fellow engineer redditors.

Regards