Bulgaria Food & Drink Q1 2021
Key View:
We expect Bulgarian households to maintain their focus on priority purchases in 2021, particularly food and non-alcoholic drinks as uncertainty remains relatively high amid the recovery economic activity. Alcoholic drinks consumption andspending which was negatively impacted by Covid-19 restrictions in 2020 will begin to recover in 2021. We have a positive outlookfor Bulgaria's food and drink sector over 2021-2024 with the recovery in economic activity and household incomes supportingconsumer demand.
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