Croatia Food & Drink Q1 2021
Food and non-alcoholic drinks spending growth is projected to decelerate in 2021 due to the high base effects from2020 as the shift in consumer purchasing patterns amid Covid-19 movement restrictions resulted in increased stockpiling andhome cooking. The alcoholic drinks segment which experienced headwinds due to restrictions on alcoholic drinks trade in 2020 willbegin to recover from 2021 as restrictions are lifted. Our medium-term (2021-2024) outlook for food and drink spending is positiveand we expect the improved wage and employment prospects to fuel consumer demand.
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