Press releases

02 July 2019
Online grocery in Asia is developing at a rapid pace, with the market set to grow from its current value of US$99bn to US$295bn by 2023, according to the latest forecasts from international researcher IGD Asia . Highlights from the research include: By 2023, IGD expects online grocery sales across Asia’s top 12 grocery markets to grow to US$295bn, a 198% increase This represent...
16 May 2019
    Media Release Majority of Malaysian consumers want healthy foods but cost is a deterrent Malaysia, 16 May 2019 – According to a new report by Food Industry Asia (FIA) and research firm IGD, almost all Malaysians (99 per cent) are interested in maintaining a healthy diet and are actively trying to improve their consumption habits, however a significant majority (71 per c...
25 April 2019
Singapore’s grocery market is forecast to see steady growth to SGD9.9bn by 2023, up 14.5% from 2018, according to the latest forecasts from international food and consumer goods researcher, IGD Asia.  Nick Miles, Head of Asia-Pacific at IGD, says: “By 2023, Singapore will be the 23rd largest grocery market in Asia, with a strong economy supporting high spend per capita. Although Singapore is...
15 April 2019
Asia will generate US$4264 billion of grocery sales by 2023 – almost the same as Europe and North America combined – according to new market forecasts from IGD Asia, the food and consumer goods research organisation. Findings include: Asia, the largest regional grocery market in the world , is expected to grow by a CAGR of 6% between 2018 and 2023 The grocery market will be worth ...
10 April 2019
Technological innovation is sweeping across Asia’s retail sector at a phenomenal pace, according to international consumer goods researcher IGD, offering enormous potential for retailers and suppliers to better meet shoppers’ ever-changing needs. Speaking at today’s China Chain Store and Franchise Association (CCFA) China International Retail Innovation Summit, Shirley Zhu, IGD Singapore Pro...
05 March 2019
In many Asian markets, Chinese New Year signals the busiest trading period of the calendar for grocery retail. This year’s celebration, marking the Year of the Pig – representing good fortune, wealth and prosperity – was no exception, according to a brand-new report from international grocery researcher IGD Asia .  Shirley Zhu, IGD Singapore Director, says: “Retailers across Asia tradit...
29 November 2018
Social shopping and health and freshness are amongst the top five trends set to influence Asia’s grocery retail market over the next five years, according to IGD, the international grocery research organisation. Nick Miles, Head of Asia-Pacific at IGD, said: “Over the last 12 months, Asia’s grocery landscape has continued to develop rapidly. Retailers have been opening new stores at pace, ...
13 November 2018
10th November, China: The grocery retail market in China is forecast to grow by 32.6% to 2022, remaining the largest grocery market in Asia in 2022, according to new data released today by IGD, the international grocery research organisation. Ahead of Singles Day, IGD unveils: Grocery retail sales in China are set to amount to CNY 11.4 trillion by 2017 from CNY 8.6tn in 2017 – more t...
16 August 2018
Asia’s online grocery channel is set to grow by $176bn (194%) to 2022, making it the fastest growing channel in Asia, according to new figures from international research organisation IGD. The research, the first deep dive into the region’s online channel from IGD , forecasts that the online channel will account for 6.9% of total grocery retail sales in Asia by 2022, more than doubling its...
01 August 2018
International research organisation IGD has today (Wednesday 1st August 2018) added a new research and insights platform to its roster of services, with a regional focus that builds on the company’s existing expertise in the area: IGD Asia . Lead by IGD’s local team of industry experts headquartered in Singapore, the new platform will offer insight and capability services designed to he...

Contact

Email: [email protected]

Meet the experienced analysts in the Asia team.

Free news, reports and events.

Subscribe now to start receiving our wide range of newsletters, bulletins and updates.