Food in Modern Retail Trade Show2023

In 2019, China's new consumption and new business models have developed rapidly. From January to November 2019, online retail sales nationwide reached 1.4 trillion USD, a year-on-year increase of 16.6%. Among them, the online retail sales of physical goods reached 1.1 trillion USD, an increase of 19.7%, accounting for 20.4% of the total retail sales of consumer goods. Live streaming e-commerce and new models are developing rapidly.

According to the latest statistics, between 2013-2017 fresh food sales in China, increased from 520 billion USD to 680 billion USD. It is estimated that the business volume of China's fresh market will reach 765 billion USD in 2019.

The wet market still accounts for 73% of China’s fresh food sales channels, while supermarkets.

accounts for 22%. Compared with developed countries, which has a level of more than 70%, there is huge room for growth.

It is reported that Asian, European and North American markets occupy the vast majority of the global express delivery sector, among which, China's express delivery ranks first, far beyond other regions. With an active market performance, the e-commerce sector grows explosively. In addition to daily necessities and food, Chinese retailers now pay more attention to fresh food products. A large number of retailers are already adopting online and offline channels to drive their sales and provide services to their customers, offering a comprehensive O2O experience. Regardless the development scale and speed, China's e-commerce market is among the best in the world. FMR trade show has sufficient online retail resources, which can provide more exhibitors with accurate online retailers.