Retail in Asia

In Markets

China to overtake US as world’s largest grocery market

China is set to overtake the US as the largest grocery market in the world by 2014. Grocery research body IGD’s report 10 for 2010 estimates the Chinese market will be worth EUR761 billion (USD1,042 billion) by 2014, compared with the EUR745-billion (USD1,020-billion) market in the US.

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