The global Baijiu market was valued at 8658.02 Million USD in 2021 and is projected to increase at a CAGR of 3.01% from 2021 to 2027.
Final Report will add the analysis of the impact of COVID-19 on this industry.
Baijiu, also known as shaojiu or archaically as sorghum wine, is a Chinese alcoholic beverage made from grain. Baijiu literally translated means white alcohol or liquor, and is a strong distilled spirit, generally between 40 and 60% alcohol by volume (ABV).Baijiu is a clear liquid usually distilled from fermented sorghum, although other grains may be used; southern China versions may employ glutinous rice, while northern Chinese varieties may use wheat, barley, millet, or even Job`s tears instead of sorghum. The jiuqu starter culture used in the production of baijiu mash is usually made of pulverized wheat grains. Baijiu is strong distilled from grains, which is a traditional alcoholic beverage from China. The Baijiu industry in China is quite fragmented. In 2015, the top ten enterprises were estimated to account for about 10.25% production market share. The majority players in China Baijiu market are Kweichow Moutai Group, Wuliangye, YANGHE, Daohuaxiang, Luzhou Laojiao, Langjiu Group, Gujing Group, Shunxin Holdings, Xinghuacun Fen Chiew Group and Baiyunbian Group etc.
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Global “Baijiu Market“ report offers insights into the latest growth and trends. It summarizes key aspects of the market, with focus on leading key player’s areas that have witnessed the highest demand, leading regions and applications. It also offers qualitative as well as quantitative information regarding the factors, challenges, and opportunities that will define the growth of the market over 2022-2026, The Report Contain Many Pages With Detailed Analysis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.
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Global Baijiu Market: Drivers and Restrains
Baijiu market is split by Type and by Application. For the period 2022-2026, the growth among segments provides accurate calculations and forecasts for sales by Type and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Top Listed Manufacturers in the Baijiu Market Report are:
- Kweichow Moutai Group
- Wuliangye
- Yanghe Brewery
- Daohuaxiang
- Luzhou Laojiao
- Langjiu Group
- Gujing Group
- Shunxin Holdings
- Fen Chiew Group
- Baiyunbian Group
- Xifeng Liquor
- Hetao Group
- Yingjia Group
- Kouzi Liquor
- Guojing Group
- Kings Luck Brewery
- Jingzhi Liquor
- Red Star
- Laobaigan
- JNC Group
- Golden Seed Winery
- Yilite
- Huzhu Highland Barley Liquor
- Jinhui Liquor
- Weiwei Group
- Tuopai Shede
- Xiangjiao Winery
- Shanzhuang Group
- Taishan Liquor
- Gubeichun Group
By the Type:
- Thick-flavor
- Sauce-flavor
- Light-flavor
By the Application, this report covers the following segments
- Corporate Hospitality
- Government Reception
- Family Dinner
Market segment by Region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
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Key Indicators Analysed
Market Players and Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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