1. At Fitch Solutions, we hold a positive view for Brazil’s alcohol sector over the mediumterm.Brazil’s alcohol sector is set to a make a full recovery in 2021, from a downturn in2020 caused by the Covid-19 pandemic.2. We forecast beer to be the fastest growing alcohol consumption category over themedium-term (2021-2025).3. Alcohol majors are seeking to capitalise on Brazil's large and growing beer market wecontinue to see investments and new product, underpinning bullish beer outlook.
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