Latin America Food & Drink Q4 2019
Latin America is expected to record improving economic conditions in the coming years. This will increase consumerpurchasing power and lead to rising spending on food and beverages, with opportunities for both staple goods and premiumproducts in most of the markets in the region. However, we note that the downward pressure from stiff competition and thecontinuing dominance of the discount format will lead to slim margins for mass grocery retailers.
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