China Beer Market Size, Competitive Analysis, Share, Forecast- 2019-2025


Posted August 19, 2020 by preeti7144

China beer market is estimated to grow at a CAGR of more than 3% during the forecast period. The factors contributing to the market growth include increasing demand for beer
 
China beer market is estimated to grow at a CAGR of more than 3% during the forecast period. The factors contributing to the market growth include increasing demand for beer due to their huge population base, growing consumption of alcohol by the young generation, and rising disposable income. According to the World Bank, China’s adjusted net national income per capita was $6,163 in 2016 that further increased to $6,567 in 2017. Thus, China’s increasing per capita income is allowing consumers to adopt a wider array of alcoholic beverages, such as wine, spirits, and others that further contribute to the market. China’s alcohol industry is mainly driven due to local alcoholic beverages such as Baiju and others. Maotai is one of the most popular Baijiu brands produced in Guizhou. However, foreign spirits are limited in the spirits industry due to high import taxes, restricted distribution channels, and fierce domestic competition.

Get Free Sample Copy @ https://www.omrglobal.com/request-sample/china-beer-market

Chinese beer market has been primarily led by the constant rise in rising in consumption of alcohol and increasing demand for premium beer in the country. The growing alcohol consumption in the country is one of the major factors that contribute to market growth. According to the WHO, China is one of the largest consumers of alcohol, with an increase in per capita consumption of 0.9 liters of pure alcohol by 2025 from 2016. China’s alcohol industry is mainly driven due to local Beer such as Baiju and others. Maotai is one of the most popular Baijiu brands produced in Guizhou. However, foreign spirits are limited in the spirits industry due to high import taxes, restricted distribution channels, and fierce domestic competition.

Browse for Full Report Description@ https://www.omrglobal.com/industry-reports/china-beer-market

Market Segmentation

China Beer Market by Type
Lager
Ale
Others
China Beer Market by Category
Regular Beer
Premium Beer
China Beer Market by Packaging Type
Glass Bottles
Cans
Others (Plastic Bottles)
Company Profiles

Anheuser-Busch InBev
Asahi Group Holdings, Ltd.
Beijing Yanjing Brewery
Carlsberg Breweries A/S
China Resource Snow Breweries
Chongqing Brewery Co. Ltd.
Guangzhou Zhujiang Brewery Co., Ltd.
FuJian YanJing HuiQuan Brewery Co., Ltd.
Tsingtao Brewery Co. Ltd.
Wuliangye Yibin Co. Ltd.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/china-beer-market

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari

Email: [email protected]
Contact no: +91 780-304-0404
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By preeti
Phone +91 780-304-0404
Country India
Categories Business
Tags china beer market
Last Updated August 19, 2020