What are IGD Grocery Retail Market Sizes and how do you calculate them?
IGD Grocery Market Sizes are a proprietary measure of grocery retail sales in the markets across the world. They are fundamental to Retail Analysis’ view of the retail landscape. Here is a summary of how we arrive at these: • Estimates of total annual turnover of retail outlets predominantly selling food, including non-food articles sold by hypermarkets and supermarkets. • Includes traditional and independent retail • Excludes wholesale, black market, cash & carry and foodservice • Estimates are regularly tracked and cross-referenced National Statistics Offices Eurostat quarterly updates, IMF twice yearly economic update • Consistent methodology allows effective comparisons between markets.
