Baijiu Market Report by its Size, Industry Outlook, Market Forecast, Analysis and Share.

According to the new market research report by IndustryARC titled “Baijiu Market: By Price (Low-end, Standard, Economy, Premium, Super Premium), By Type (Thick Flavor, Sauce-Flavor, Liquid-flavor,Others); By Applications (Corporate Hospitality, Government Reception, Family Dinner, Other); & Geography — (2018–2023)”, the market will be driven by the increasing millennial population in China.

The Asia Pacific Holds the Largest Market Share in the Baijiu Market:
APAC region holds the largest market share in the Baijiu MarketThe 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.

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https://industryarc.com/Report/17813/baijiu-market.html

Selected Product 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 China’s 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.

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Excerpts on Market Growth Factors:

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.

Key players of Baijiu Market:

Kweichow Moutai was ranked first among the top 10 Baijiu brands. While Baijiu rivals (Wuliangye and (Shujingfang) are ranked second and sixth, the historical and cultural value of Maotai liquor secured its reputation as the top Chinese luxury brand both domestically and internatinoally. In 2017, Kweichow Moutai’s brand cap hit $71.5 billion, making the company the world’s most valuable liquor distillery.

The Baijiu Market Report is Segmented as Indicated Below:
A. Baijiu Market By Price:
 1. Low-end 
 2. Standard 
 3. Economy 
 4. Premium 
 5. Super Premium
B. Baijiu Market By Type:
 1. Thick Flavor 
 2. Sauce-Flavor
 3. Liquid-Flavor
 4. Others
C. Baijiu Market By Applications 
 1. Corporate Hospitality
 2. Government Reception
 3. Family Dinner
 4. Other
D. Baijiu Market By Geography (Covers 2 + Countries) 
E. Baijiu Market By Entropy

Companies Cited/Referenced/Interviewed:
1. Anhui Kouzi Distillery
2. Anhui Yingjia Group
3. Beijing Shunxin Holding Group
4. Gujing Group
5.Hubei Baiyunbian

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https://industryarc.com/Report/15112/beverage-dispensers-market.html

Beer Market
https://industryarc.com/Report/16695/beer-market.html

What can you expect from the report?

The Baijiu Market is prepared with the main agenda to cover the following 20 points:

Market Size by Product Categories
Market trends
Manufacturer Landscape
Distributor Landscape
Pricing Analysis
Top 10 End user Analysis
Product Benchmarking
Product Developments
Mergers & Acquisition Analysis
10. Patent Analysis

Any other major customizations can be discussed with our team, we can provide a separate quote based on your requirement. You can drop in an e-mail to sales@industryarc.com to discuss more about our consulting services.

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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 in a market. Our custom research services are designed to provide insights on the constant flux in the global supply–demand gap of markets. Our strong team of analysts enables us to meet the client’s research needs at a rapid speed and with a variety of options.

We look forward to helping the client address its customer needs effectively, stay ahead in the market, become the top competitor, and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.