New Market Report: Packaged Food in Lithuania
Packaged food sales rebounded swiftly after freefalling during the recession. During the darkest years, many industry participants hoped for the best, yet prepared for the worst. In hindsight, their fears were probably slightly exaggerated as nearly all categories registered value increases. As expected, categories which showed the deepest contractions due to the recession, such as impulse goods, saw turnovers expanding at a fastest rate after the economic downturn.
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