We forecast strong growth for Hong Kong’s food and drink sector throughout our forecast period to 2022. Increasinglyhigh levels of per capita income and the almost complete urbanisation of the population will provide important support to spendinggrowth. Premiumisation will remain an important trend in both the food and drink sectors as consumers continue to demand moreexpensive and healthier products. Despite this, the relatively mature nature of the market will require sustained innovation byretailers in order to create new opportunities.
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