Key Market Indicators
China is set to become the fourth-largest importer of beverages in the world by 2026. In 2021, the country was already the world's fourth-largest importer of alcoholic drinks, with imports worth $7.2 billion. Germany was the top importer, followed by the United Kingdom and China. China is also set to become the fourth-largest exporter of alcoholic drinks by 2026. In 2021, the country exported $2.7 billion worth of alcoholic beverages, up 3.9% year on year since 1997. Chinese imports and exports of beverages are set to continue growing in the next five years. Imports of beverages are expected to reach $8.8 billion by 2026, with an average growth of 3.3% year on year. Exports of alcoholic drinks are forecast to reach $3.2 billion by 2026, with an average growth of 2.8% year on year.
China Beverage Market Data and Forecasts
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Beverages Sector Insights: Unleashing Potentials in Hot Drinks and Healthy Alternatives
New Zealand's beverage sector presents a robust potential in the hot drinks market. Comprised largely of coffee and tea, this segment has seen a consistent demand. Consumers rising interest in novel tastings, single-origin coffee beans, and niche teas has further enhanced its potential. Additionally, a noticeable shift towards the consumption...
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Soft Drinks: Navigating the Market Dynamics of Top Beverage Contenders
In the soft drinks industry, certain companies have long asserted their dominance. Major players, such as The Coca-Cola Company, PepsiCo, and Nestlé, enjoy global recognition and a significant market share. They have a broad product lineup, from carbonated beverages to juice drinks, fortified with marketing efforts that target various consumer...
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Alcoholic Drinks: Navigating Brewery Innovations and Liquor Production Techniques
Shifting consumer preferences and fierce competition have driven the brewing industry towards innovation. Sophisticated practices in beer-producing techniques, unique flavors and craft-style brewing have been incorporated to meet evolving demands. Sustainability is another crucial facet of the industry's innovation, with many breweries employing eco-friendly processes and packaging. Furthermore, automation and...
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Alcoholic Drinks: Unveiling the Dominance and Impact of Constellation Brands
Constellation Brands stands as a key player in the alcoholic beverage market, having a vast portfolio of brands spread across wine, beer, and spirits categories. This multinational company has managed to leverage successful marketing strategies, strategic acquisitions, and partnerships, thus securing its strongholds in multiple markets and demographics. It is...
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Beverage Sector: Diving Deep into Juice and Energy Drinks Market Sizes
Nourishing consumer interest in health-centric beverages, juice and energy drink markets have witnessed stable growth. Consumers’ increasing awareness concerning the health benefits of natural and organic juices, devoid of artificial additives, has proven to be a significant growth factor for the juice industry. On the other hand, driven by an...
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