China’s Food & Grocery Market Forecasts to 2023 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “China: Food & Grocery – Market Shares, Summary & Forecasts to 2023” report has been added to ResearchAndMarkets.com’s offering.

“China: Food & Grocery – Market Shares Summary Forecasts to 2023” provides data for historic and forecast retail sales, and also includes information on the business environment and country risk related to China’s retail environment. In addition, it analyzes the key consumer trends influencing China’s food & grocery industry

Food & grocery is forecast to grow at a CAGR of 8% during 2018-2023, to reach C24,1901 billion. Due to increasing health concerns, a major share of consumers are becoming more inclined to produce home-cooked meals

What else does this report offer?

• In-depth analysis of the latest trends in consumer shopping, covering the factors driving shopping, consumer insights, market dynamics
• The report also details major retailers in food & grocery category group with their product proposition analysis and market positioning in 2018 along with recent key developments
• Market insights based on consumer trends, changing economic and demographic factors, technology innovations, and other macroeconomic factors
• Retail sales and the fastest-growing product categories in food & grocery sector
• Qualitative and quantitative insights of changing retail dynamics in food and grocery sector

Scope of the report:

• Shifting focus to organic and natural foods aids sector sales
• Young consumers seeking value and convenience drive growth in online sales
• Changing shopping habits provides immense potential for online retailers
• The sector is highly fragmented due to the dominance of wet markets and local stores
• Yonghui Superstores registered the fastest growth, driven by its digital capabilities

Key report benefits:

• Gain a comprehensive knowledge on food and grocery sector in the China retail market and develop a competitive advantage from the start of your supply chain
• Investigate current and forecast behavior trends in food and grocery category to identify the best opportunities to exploit
• Analysis of key international and domestic players operating in the food and grocery market
• Explore novel opportunities that will allow you to align your product offerings and strategies to meet demand by analyzing the vital economic and population trends, key consumer and technology trends influencing the food and grocery market
• Analyze the recommended actions to align your marketing strategies with the crucial trends influencing consumer behavior
• Analysis of key international and domestic players operating in China retail market – including store counts and revenues that give you a competitive edge and identify opportunities to improve your market share

Companies Mentioned

• RT Mart
• Walmart Supercenter
• uSmile
• Unimart
• Yonghui Superstores Group
• Meiyijia
• Carrefour
• Easy Joy
• Auchan
• Wumart

For more information about this report visit https://www.researchandmarkets.com/r/rqg1o0.

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