Key Market Indicators
Chinese Alcoholic Drink Consumption is projected to climb to 8,220 thousand metric tons by 2028, up from 8,030 thousand metric tons in 2023. This represents an average annual growth rate of 0.4%. Notably, since 2019, the demand in China has consistently risen by 0.4% each year. In the global context, India, Japan, and Russia hold the second, third, and fourth positions, respectively, in terms of alcoholic drink consumption. On the export front, Chinese Alcoholic Drink Export is expected to reach approximately $3.37 billion by 2028. This is up from around $2.87 billion in 2023, marking an average annual growth rate of 2.6%. Since 1997, China's supply of alcoholic drinks has increased by an average of 3.9% per year.
Latest reports
China Beverages Market Report- Q1 2025
In the first quarter of 2025, the China beverages market is navigating a complex landscape characterized by both challenges and opportunities. Key trends...
China Beverages Market Report- Q4 2024
The fourth quarter of 2024 has been pivotal for the beverages market in China, showcasing significant shifts and opportunities across various segments. The...
