Forecast: Distilled Alcoholic Beverages Non-food Uses in China

The forecast for distilled alcoholic beverages non-food uses in China indicates a steady increase from 2024 to 2028, with values projected to rise from 3.51 to 3.63 million metric tons. This upward trend suggests a gradual annual increase, with a year-on-year growth rate averaging around 0.85% during this period. In 2023, the consumption stood at approximately 3.48 million metric tons, establishing a basis for this anticipated growth. The cumulative annual growth rate (CAGR) over the five-year forecast span is estimated at 0.64%.

Future trends to watch for include:

• Potential policy changes impacting industrial uses of alcohol.
• Innovations in non-food applications, such as biofuels and personal care products.
• Market dynamics influenced by economic conditions and sustainability trends.