Baijiu Market Forecast (2018-2023) - PowerPoint PPT Presentation

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Baijiu Market Forecast (2018-2023)

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Baijiu is most popular among the people of China due to its aroma and fusions. In addition, it is being recognized globally and is soon expected to be seen in the western countries. – PowerPoint PPT presentation

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Title: Baijiu Market Forecast (2018-2023)


1
A Research Study on Baijiu Market By Competitive
Landscape, Geographic End-User Segment
2
 Asia Pacific Holds the Largest Market Share in
the Baijiu Market
  • APAC region holds the largest market share in the
    Baijiu Market The Baijiu Market in APAC region is
    driven by the increase in the purchasing power of
    average consumer.
  • The key applications in this region are Corporate
    Hospitality and Government Reception among
    others.

3
 Selected Regulatory Analysis Done in the Full
Report
  • In China, Baijiu, a sorghum drink has such a huge
    and humongous market that it commands a huge
    market share. That accounts for more than 50 of
    the total market share. To be precise, one in two
    alcoholic drinks sold in China is Baijiu.
  • Maotai liquor has a special reputation as Chinas
    national liquor due to its political and cultural
    importance. This liquor is considered as the
    drink of diplomacy that is used to toast
    political figures, including the President of
    United States of America, Richard Nixon, on his
    landmark trip to China, in 1972.
  • Baijiu Market is fairly complex, as there are a
    wide variety of Baijius in the market, and each
    Baijiu brand fits into a specific market segment.
    For instance, super cheap value Baijius comprise
    very low share of the Baijiu market standard
    price Baijius comprise of huge share of the
    market.

4
Selected Driving Factors Mentioned in the Full
Report
  • The increasing demand for Baijiu in the US has
    led to the opening of cafes offering only Baijiu
    drinks.
  • The sales of standard Baijiu which is priced
    between 20-40 is gaining traction across
    middle-class populace. Needless to say, it is
    ultimately steering the market.
  • As a result of Baijius stellar sales, Baijiu
    brands are extremely valuable. For instance,
    Moutai has a brand value of 2.4 billion, while
    Wuliangye is worth 1.6 billion and LuzhouLaojiao
    is worth 1.5 billion.
  • According to the World Bank Data, millennials
    account for more than 30 of the total Chinese
    population, which is expected to influence the
    growth of the market during the forecast period.

5
Key Players of the Baijiu Market Market
  • Moutai Co
  • Fen Jiu
  • Lang Jiu partnership Organization
  • Company 4
  • Company 5
  • Company 6

Download Sample Report
Contact sales_at_industryarc.com
6
  • You Can Customize the Report as Per Your Need.
    We have included Some Customization Options

Data Tables
Key Contacts
Company Profile
Analyst Briefing
7
About IndustryARC
  • IndustryARC is a research and consulting
    firm that publishes more than 500 reports
    annually in various industries, such as
    Agriculture, Automotive, Automation
    Instrumentation, Chemicals and Materials, Energy
    and Power, Electronics, Food Beverages,
    Information Technology, Life sciences
    Healthcare.
  • IndustryARC primarily focuses on Cutting Edge
    Technologies and Newer Applications of the
    Market. Our Custom Research Services are designed
    to provide insights on the constant flux in the
    global demand-supply gap of markets. Our strong
    analyst team enables us to meet the client
    research needs at a very quick speed with a
    variety of options for your business.
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