Forecast: Alcoholic Beverages Non-food Uses in China

The non-food uses of alcoholic beverages in China have generally increased from 2014 to 2023, reaching 4.52 million metric tons. The period saw fluctuations, with notable growth in 2015 and 2018. Year-on-year percentage growth has varied, highlighting market volatility. After 2020, steady incremental growth is observed, with consistent, though modest, annual increases.

Future trends to watch for include:

• The forecast indicates a similar growth trajectory with a 5-year CAGR of 1.14% through 2028.
• This suggests a potential shift towards more stable growth patterns as the market matures.
• Technological and regulatory changes could influence future trajectories.