Grocery Stats: The World’s Largest Grocery Market Is ChinaApril 4, 2012 3:45 am
Well, if you think that is not a surprise, think again. China surpassed the US just this year.
We spotted this today:
“The grocery sector in China was worth £607bn ($972bn) by the end of the 2011, showed research published by IGD.
The US market was valued at £527 for the same period, which means it ranks second.
By 2015, the research forecasts that the Brics countries (Brazil, Russia, China and India) will be the top grocery markets.”
Statistics Source: BBC