Hong Kong’s food and drink sectors are set for robust growth throughout our forecast period, which now extends to2023. Healthy levels of inbound tourism and favourable job and income conditions should continue to support spending growth inthe near term. We believe that premiumisation and health consciousness will remain the defining trends in both the food and drinksectors as consumers opt to spend more on healthier products. Reacting to this, key industry players will continue to innovate anddevelop premium products, which will open up new market opportunities.
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