Baijiu Market in China 2017-2021


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70pages

Technavio

$ 3500

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About Baijiu

Baijiu is a Chinese alcoholic beverage, which is produced from sorghum and can contain about 52% alcohol by volume. Baijiu is similar to vodka terms of strength and feel. It is the most widely consumed spirit in the world in terms of volume. China is one of the most important markets for alcoholic drinks. Spirits are the largest consumed alcoholic beverages followed by beer and wine. However, China is the leading beer consuming nation in the world. Standard lager is the most consumed and preferred beer in China with about 79.1% of the total beer market by revenue.

Technavios analysts forecast the baijiu market in China to grow at a CAGR of 5.07% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the baijiu market in China for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

Technavio's report, Baijiu Market in China 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Hubei Daohuaxiang Wine Co
Jiangsu Yanghe Distillery
Kweichow Moutai
Wuliangye Company

Other prominent vendors
Anhui Kouzi Distillery
Anhui Yingjia Group
Beijing Shunxin Holding Group
Gujing Group
Hubei Baiyunbian
Luzhou Laojiao
Shaanxi Xifeng Liquor Company
Shanxi XinghuaCun Fen Jiu Group
Sichuan Langjiu Group

Market driver
Increasing millennial population in China
For a full, detailed list, view our report

Market challenge
Ban on alcohol in some provinces in China
For a full, detailed list, view our report

Market trend
Growing export of baijiu
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?

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