Press releases

21 June 2018
New study shows 90% of Singaporeans referring to nutrition labels to make informed and healthier food choices SINGAPORE, 21 June 2018 – Food Industry Asia (FIA) in partnership with IGD released a report today on the reformulation landscape in Singapore. Titled ‘Healthier Product Reformulation in Singapore’, the report which was previewed at the Consumer Goods Forum Global Summit surveyed c...
27 April 2018
China’s leading grocery retailers are forecast to grow at nearly double the rate of China’s total grocery retail market by 2022, according to the latest research from international research organisation IGD. Based on a report of the region’s top ten leading retailers, IGD predicts growth of 10.4% by 2022, compared to 5.8% of growth for the overall market, but anticipates this will come through ...
10 April 2018
Asia’s leading convenience retailers are predicted to grow 6.6% a year to 2022 by US$5.1trillion, according to the latest forecast from international research organisation IGD. Based on a survey of the top 10 Asian convenience retailers, the new research anticipates that convenience will be the fastest growing bricks and mortar channel in Asia over the next five years, resulting from both retai...
19 December 2017
The top five trends that will shape the Asia grocery retail market over the next 12 months have been unveiled by IGD, the international grocery research organisation. Nick Miles, Head of Asia-Pacific at IGD, said: “The grocery landscape in Asia continued to move at a fast pace in 2017, with retailer market entries and exits, the repurposing of store networks, the growing emergence of onlin...
22 November 2017
The global grocery retail market will add $2.7 trillion in sales to 2022, with growth in the next five years dominated by Asia, according to new forecasts released today by international grocery research organisation IGD. Asia’s grocery retail market will be significantly boosted by a rising population and increased shopper spend, with consumer spending in the region accounting for nearly half ...
08 November 2017
Ecommerce in Asia is set to experience a growth explosion over the next few years, according to new figures released today by IGD, the international grocery research organisation. With Singles’ Day, the world’s biggest online shopping event, currently underway across Asia and coming to a climax this weekend, IGD is forecasting the region’s largest online grocery retailers to grow on average 34....
27 July 2017
With the news that Amazon has entered Southeast Asia with the launch of Amazon Prime Now in Singapore on July 27th, Shirley Zhu, Programme Director at IGD Singapore , says: “Singapore has affluent consumers with busy lifestyles, a big expat population and high internet penetration. It is also the gateway to Southeast Asia’s 600 million consumers. Shoppers here also tend to be very open to i...
25 July 2017
Asia’s leading big box, or large format, grocery retailers are forecast to grow on average 3.5% a year between 2016 and 2021, according to new figures released today by IGD , the international grocery research organisation. Although growth in large grocery formats varies significantly across the region and, as in other markets around the world, they are coming under pressures due to growth ...
25 April 2017
Online grocery in China could more than double in growth between now and 2020, according to figures released today by international grocery research organisation IGD , with its current 3.1% share of the country’s total grocery market forecast to leap to 6.6% over the next three years. Driven by the growth of the internet, greater smartphone usage, more focused investment from retailers ...
06 April 2017
Vietnam is forecast to be the fastest-growing convenience market in Asia by 2021, according to new data released today by international grocery research organisation IGD, followed by the Philippines and Indonesia. Asia’s grocery market is the largest in the world, with a predicted 6.3% compound annual growth rate up to 2021. Its size is forecast to reach US$4.8 trillion by 2021: equival...

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