News

3Novices:Vietnam leads Asia for growth in convenience stores

By Barry Elliott
Asia’s grocery market is the largest in the world, with a predicted 6.3 per cent compound annual growth rate (CAGR) up to 2021, according to the worldwide food and grocery research specialists at IGD. The size of the Asian market is forecast to reach US$4.8 trillion by 2021: equivalent to that of Europe and North America combined.
In the convenience store channel alone, IGD is forecasting a high double-digit CAGR over the next four years in Vietnam (37.4 per cent), the…
April 19, 2017 at 01:01PM http://ift.tt/2pfeQI2
#3Novices #News #OnlineMedia #China 3Novices China

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