Rapidly expanding German market

By: Trademagazin Date: 2019. 05. 29. 10:07

According to forecasts, by 2021 the German food market will be worth EUR 259 billion as the sector is expanding by 10.5 percent a year. IGD’s analysis has revealed that the biggest driver of this trend is population growth. Online retail is expected to develop the most dynamically: 244.4 percent more consumers will be buying groceries online in four years’ time.

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