South Korea's Alcoholic Drinks Consumption Accelerated Despite Covid-19 Restrictions
Food & Drink / South Korea / Fri 09 Jul, 2021
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- We at Fitch Solutions forecast alcoholic drinks spending in South Korea to grow by 8.3% y-o-y in 2021, following a 2.3% y-o-y growth in 2020.
- We note that the consumption of alcoholic drinks through the off-trade channel has been accelerated by the Covid-19 outbreak. South Korea's Ministry of Food and Drug Safety announced that fruit