Chinese grocery market is expected to grow 32.6% by 2022

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12 December 2018 à 13h53

Updated on 10 May 2019 à 16h29

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1 minute

Publication: 12 December 2018 à 13h53, Updated on 10 May 2019 à 16h29

Reading time: 1 minute

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Publication

12 December 2018 à 13h53

Updated on 10 May 2019 à 16h29

Reading time

1 minute

Publication: 12 December 2018 à 13h53, Updated on 10 May 2019 à 16h29

Reading time: 1 minute

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The Chinese grocery market is the largest grocery market in Asia. It is expected to grow significantly by 2022, preserving its status as Asian market leader. A report released by the international grocery research organization IGD forecast a growth of no less than 32.6% in the Chinese grocery market by 2022. This will result in a value rise to US$1.637 billion, which is more than India, Japan and Indonesia combined.

The market is expected to see a compound annual growth rate of 5.8% over the nex

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