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Liquor Market Is Growing At A High CAGR By 2025 According To A New Research Report By Moutai, Wuliangye, Yanghe, Fenjiu, Luzhou Laojiao, Daohuaxiang, Langjiu Group, Gujing Group, Shunxin Holdings, Baiyunbian Group, Xifeng Liquor, Hetao Group

Liquor Market Size, Share, Solution, Trends, Analysis and Forecast Report 2018-2024

Liquor, also known as shaojiu or baijiu in China, is a Chinese alcoholic beverage made from grain. Liquor is a strong distilled spirit, generally between 40% and 60% alcohol by volume (ABV). Liquor is strong distilled from grains, which is a traditional alcoholic beverage from China. The Liquor industry in China is quite fragmented. In 2018, the top ten enterprises were estimated to account for about 30% revenue market share. The majority of players in China Liquor market are Moutai, Wuliangye, Yanghe, Daohuaxiang, Luzhou Laojiao, Langjiu Group, Gujing Group, Shunxin Holdings, Fenjiu and Baiyunbian Group, etc.

Liquor can be similar in appearance to vodka, but it has a unique flavor that is not comparable to any other type of spirit. Liquor is often classified based on three fragrances: Sauce, thick and light etc. In addition, thick-favor type is the major product with 70.82% sales market share in 2018. The typical production enterprises of thick-favor liquor are Wuliangye and Luzhou Laojiao. Moutai is the key manufacturer to produce sauce-favor types Liquor.

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According to this study, over the next five years the Liquor market will register a 6.6% CAGR in terms of revenue, the global market size will reach US$ 124100 million by 2024, from US$ 90120 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Liquor business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Liquor market by product type, application, key manufacturers and key regions and countries.

This study considers the Liquor value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

  • Thick-flavor

  • Sauce-flavor

  • Light-flavor

  • Other

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

  • Family Dinner

  • Friends Gathering

  • Business Entertainment

  • Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

  • Americas

  • United States

  • Canada

  • Mexico

  • Brazil

  • APAC

  • China

  • Japan

  • Korea

  • Southeast Asia

  • India

  • Australia

  • Europe

  • Germany

  • France

  • UK

  • Italy

  • Russia

  • Spain

  • Middle East & Africa

  • Egypt

  • South Africa

  • Israel

  • Turkey

  • GCC Countries

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.

  • Moutai

  • Wuliangye

  • Yanghe

  • Fenjiu

  • Luzhou Laojiao

  • Daohuaxiang

  • Langjiu Group

  • Gujing Group

  • Shunxin Holdings

  • Baiyunbian Group

  • Xifeng Liquor

  • Hetao Group

  • Yingjia Group

  • Kouzi Liquor

  • Guojing Group

  • King’s Luck

  • Jingzhi Liquor

  • Red Star

  • Laobaigan

  • JNC Group

  • Golden Seed Winery

  • Yilite

  • Huzhu Highland

  • Jinhui Liquor

  • Weiwei Group

  • Tuopai Shede

  • Xiangjiao Winery

  • Shanzhuang Group

  • Taishan Liquor

  • Gubeichun Group

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

  • To study and analyze the global Liquor consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.

  • To understand the structure of Liquor market by identifying its various subsegments.

  • Focuses on the key global Liquor manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

  • To analyze the Liquor with respect to individual growth trends, future prospects, and their contribution to the total market.

  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

  • To project the consumption of Liquor submarkets, with respect to key regions (along with their respective key countries).

  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

  • To strategically profile the key players and comprehensively analyze their growth strategies.

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