Chinese Food & Grocery Retail Market Discussed in Topical Report by Canadean Published at MarketPublishers.com22 Jan 2014 • by Natalie Aster
LONDON – The Chinese food and grocery retail market accounts for the hugest share (around 57.5%) of the country’s overall retail market. It is expected to record an average growth rate of just over 13.1% per annum through to 2017, with sales set to reach nearly CNY 20.508 trillion by the end of the forecast period. Though the general retail channel keeps dominating the market, the online retail channel has shown the most impressive performance since 2012, and it will likely keep this up over the next four years at a CAGR of just over 17.3%.
In terms of product category, unpackaged food is the most popular and widely sold, with retail value sales of close to CNY6.215 trillion; the tobacco category follows closely after, with projected retail sales of just over CNY1.944 trillion by 2017.
Topical report “Food and Grocery Retailing in China: Databook to 2017” drawn up by Canadean provides granular, unbiased information and data on China’s food and grocery retail market, segmented by channel and category.
The market research study covers historical and forecast (2007-2017) retail sales values for the sector as a whole, as well as for each category individually. The report gives consideration to macroeconomic indicators, key growth limiters & drivers and market trends to equip retailing companies (those currently active across China’s retail value chain and also prospective players) with data essential for understanding the changes taking place in their business environment, seizing opportunities, and formulating and implementing key business strategies.
Product categories examined include: drinks, household products, packaged food, personal care, tobacco, and unpackaged food.
Food and Grocery Retailing in China: Databook to 2017
Published: November, 2013
Price: US$ 500.00
Other Food & Grocery Retailing Market Databooks by Canadean Include:
- Food and Grocery Retailing in India: Databook to 2017
- Food and Grocery Retailing in Mexico: Databook to 2017
- Food and Grocery Retailing in Greece: Databook to 2017
- Food and Grocery Retailing in Germany: Databook to 2017
- Food and Grocery Retailing in Canada: Databook to 2017
- Food and Grocery Retailing in Chile: Databook to 2017
More topical market research studies by the publisher can be found at Canadean page.