Baijiu Market in China 2017-2021 - Product Image

Baijiu Market in China 2017-2021

  • ID: 4432782
  • Report
  • Region: China
  • 70 pages
  • TechNavio
OFF
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

1 of 6

FEATURED COMPANIES

  • Anhui Kouzi Distillery
  • Anhui Yingjia Group
  • Gujing Group
  • Hubei Baiyunbian
  • Hubei Daohuaxiang Wine Co
  • Jiangsu Yanghe Distillery
  • MORE
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.

The 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.

The 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 drivers
  • Increasing millennial population in China
  • For a full, detailed list, view the full report
Market challenges
  • Ban on alcohol in some provinces in China
  • For a full, detailed list, view the full report
Market trends
  • Growing export of baijiu
  • For a full, detailed list, view the full 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?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
READ MORE
Note: Product cover images may vary from those shown
2 of 6

FEATURED COMPANIES

  • Anhui Kouzi Distillery
  • Anhui Yingjia Group
  • Gujing Group
  • Hubei Baiyunbian
  • Hubei Daohuaxiang Wine Co
  • Jiangsu Yanghe Distillery
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION
  • Market outline
PART 05: MARKET LANDSCAPE
  • Market overview
  • Baijiu market in China
  • Five forces analysis
PART 06: MARKET SEGMENTATION BY PRICE
  • Segmentation by product
  • Comparison by product
  • Standard baijiu market in China
  • Low-end baijiu market in China
  • Economy baijiu market in China
  • Premium baijiu market in China
  • Super-premium baijiu market in China
  • Market opportunity by product
PART 07: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
  • Segmentation by distribution channel
  • Comparison by distribution channel
  • Baijiu market in China by off-trade distribution channel
  • Baijiu market in China by on-trade distribution channel
  • Market opportunity by distribution channel
PART 08: DECISION FRAMEWORK

PART 09: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 10: MARKET TRENDS
  • Growing export of baijiu
  • Rising price of baijiu
  • Increasing import of sorghum
PART 11: VENDOR LANDSCAPE
  • Competitive scenario
  • Hubei Daohuaxiang Wine Co
  • Jiangsu Yanghe Distillery
  • Kweichow Moutai
  • Wuliangye Company
  • Other prominent vendors
List of Exhibits
Exhibit 01: Alcoholic drinks market in China 2016-2021 ($ billions)
Exhibit 02: Baijiu market in China: Overview 2016
Exhibit 03: Baijiu market in China – Market size and forecast 2016-2021 ($ billions)
Exhibit 04: China – Year-over-year growth 2017-2021 (%)
Exhibit 05: Five forces analysis 2016
Exhibit 06: Product – Market share 2016-2021 (%)
Exhibit 07: Comparison by product
Exhibit 08: Standard baijiu – Market size and forecast 2016-2021 ($ billions)
Exhibit 09: Standard baijiu – Year-over-year growth 2017-2021 (%)
Exhibit 10: Low-end baijiu – Market size and forecast 2016-2021 ($ billions)
Exhibit 11: Low-end baijiu – Year-over-year growth 2017-2021 (%)
Exhibit 12: Economy baijiu – Market size and forecast 2016-2021 ($ billions)
Exhibit 13: Economy baijiu – Year-over-year growth 2017-2021 (%)
Exhibit 14: Premium baijiu – Market size and forecast 2016-2021 ($ billions)
Exhibit 15: Premium baijiu – Year-over-year growth 2017-2021 (%)
Exhibit 16: Super-premium baijiu – Market size and forecast 2016-2021 ($ billions)
Exhibit 17: Super-premium baijiu – Year-over-year growth 2017-2021 (%)
Exhibit 18: Market opportunity by product
Exhibit 19: Distribution channel – Market share 2016-2021 (%)
Exhibit 20: Comparison by distribution channel
Exhibit 21: Off-trade distribution channel – Market size and forecast 2016-2021 ($ billions)
Exhibit 22: Off-trade distribution channel – Year-over-year growth 2017-2021 (%)
Exhibit 23: On-trade distribution channel – Market size and forecast 2016-2021 ($ billions)
Exhibit 24: On-trade distribution channel – Year-over-year growth 2017-2021 (%)
Exhibit 25: Market opportunity by distribution channel
Exhibit 26: Chinese economic growth forecast 2018 and 2019
Exhibit 27: Average selling price of tequila in China 2016-2019 (USD)
Exhibit 28: Key vendors in baijiu market in China
Exhibit 29: Competitive assessment 2016
Exhibit 30: Hubei Daohuaxiang Wine Co in baijiu market in China
Exhibit 31: Jiangsu Yanghe Distillery: Operating income comparison 2015 and 2016 ($ billions)
Exhibit 32: Jiangsu Yanghe Distillery in baijiu market in China
Exhibit 33: Kweichow Moutai: Operating income comparison ($ billions)
Exhibit 34: Kweichow Moutai in baijiu market in China
Exhibit 35: Wuliangye Company: Operating income comparison 2015 and 2016 ($ billions)
Exhibit 36: Wuliangye Company in baijiu market in China
Note: Product cover images may vary from those shown
3 of 6

Loading
LOADING...

4 of 6

FEATURED COMPANIES

  • Anhui Kouzi Distillery
  • Anhui Yingjia Group
  • Gujing Group
  • Hubei Baiyunbian
  • Hubei Daohuaxiang Wine Co
  • Jiangsu Yanghe Distillery
  • MORE
New Report Released: – Baijiu Market in China 2017-2021

The author of the report recognizes the following companies as the key players in the baijiu market in China: Hubei Daohuaxiang Wine Co, Jiangsu Yanghe Distillery, Kweichow Moutai, and Wuliangye Company.

Other Prominent Vendors in the market are: 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, and Sichuan Langjiu Group.

Commenting on the report, an analyst from the research team said: “One trend in the market is growing export of baijiu. One of the positive trends of the baijiu market in China is the increasing export of baijiu to the US and European countries. The increasing demand for baijiu in the US has led to the opening of cafes offering only baijiu drinks in the US. In 2016, the export of baijiu from China increased by about 90% as compared to 2015, which is likely to increase during the forecast period.”

According to the report, one driver in the market is increasing millennial population in China. The growing millennial population in China is one of the major drivers of the baijiu market in this country. The number of consumers above the age of 18 years is increasing, forming a considerable consumer segment. The growing purchasing power of Chinese millennial population is expected to play a greater role in the growth of the baijiu market during the forecast period. According to the World Bank data, millennials account for more than 30% of the total Chinese population, which is expected to influence the growth of the market during the forecast period.

Further, the report states that one challenge in the market is ban on alcohol in some provinces in China. One of the challenges to the growth of the baijiu market in China is the proposed plan to impose a ban on the sale of alcohol in some of the provinces in China. In July 2017, local government at Dulongjiang township in China proposed a plan to implement a ban on the sales of alcoholic drinks in the region. In September 2017, the government in Guizhou Province banned alcohol of any kind at the dinner tables of officials during work time to improve their work style. The ban applies to the party and government departments, judicial organizations, and local state-owned companies.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
5 of 6
  • Hubei Daohuaxiang Wine Co
  • Jiangsu Yanghe Distillery
  • Kweichow Moutai
  • Wuliangye Company
  • 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
Note: Product cover images may vary from those shown
6 of 6
Note: Product cover images may vary from those shown
Adroll
adroll