High-end Baijiu Market
High-end Baijiu Market Scope: Industry Analysis,
Market Size, Growth, Trends Till 2031
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High-end Baijiu Market Size and Growth
The high-end Baijiu market exhibits robust growth driven by increasing consumer demand for premium spirits. Valued at approximately $24 billion in 2023, the market is characterized by evolving consumer preferences, rising disposable incomes, and expanding global distribution channels. Trends indicate a shift towards luxury brands and unique flavor profiles.
Companies Covered
(Covid 19 Impact Covered)
◍ Moutai
◍ Wuliangye
◍ Sichuan Swellfun
◍ Luzhoulaojiao
◍ Yanghe Brewery
◍ Fen Chiew Group
◍ Sichuan Jiannanchun Group
◍ Sichuan Tuopai Shede Group
◍ Langjiu Group
◍ Anhui Gujing Group
◍ Jiugui Liquor Co.,Ltd
◍ Shaanxi Xifeng Liquor Co Ltd
The high-end Baijiu market features leading companies like Moutai, Wuliangye, and Luzhoulaojiao, which enhance brand prestige through premium offerings. They innovate products, expand global presence, and leverage traditional craftsmanship to attract consumers. Revenue highlights include:
- Moutai: ~$12 billion
- Wuliangye: ~$6 billion
- Yanghe Brewery: ~$1 billion.
Market Segmentation
By Application
◍ Corporate Hospitality
◍ Government Reception
◍ Family Dinner
◍ Others
By Product
◍ Thick-Flavor
◍ Sauce-Flavor
◍ Light-Flavor
◍ Others
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Market Growth
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$ X Billion USD
