Press releases and blogs

China will overtake the US to become the world’s largest grocery market by 2023 in value terms, according to the latest forecasts from international researcher IGD Asia . The country’s total market size will reach CNY11.0tn (US$1.8tn), more than Asia’s next four largest grocery markets (India, Japan, Indonesia and South Korea) combined.   Nick Miles, Head of Asia-Pacific at IGD, says : ...

  Digital technologies are revolutionising the way the food and consumer goods industry operates and online sales are forecast to grow 163% by 2023 across major markets, according to a new report from research organisation IGD , in association with The Consumer Goods Forum.   Looking at how companies can respond to this change and how businesses will utilise digital technology to...

Ella and Matthew Mills will join food industry leaders on stage in November Ella Mills, Founder and Brand Director of Deliciously Ella, has been confirmed as a keynote speaker for the upcoming food industry event IGD Live , where she will be joined on stage by her husband and CEO of the brand, Matthew Mills. The couple will deliver a joint 20-minute presentation on ‘Finding new rout...

Comment: Aldi enters Chinese market   Nick Miles, Head of Asia-Pacific at IGD, said: “Aldi has announced that it will open its first store in China on the 7th of June in Shanghai, making China the 11th market where Aldi Süd operates stores.   “Although Aldi Süd has been testing the Chinese market for some time, having launched on Alibaba’s Tmall Global platform in April 2017, Ch...

    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...

For the last 28 years, the IGD Awards have recognised the outstanding achievements of the global food and grocery industry. This year is no exception, with 21 awards in the areas of business excellence, people development, sustainability and individual success to be contested. This year’s Awards ceremony will be held on 7th November at Tobacco Docks, straight after IGD’s new flagship tw...

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...

With 85% of British shoppers currently taking steps to have a healthier diet, 28% say they would prefer to buy healthier alternatives to chocolate eggs at Easter, according to the latest shopper insights from research and training charity IGD. The highlights from IGD’s research include: A quarter of shoppers (25%) will be catering for special dietary requirements over the Easter weeken...

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 ...

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...