Baijiu Market

Baijiu, also known as shaojiu or archaically as sorghum wine, is a Chinese alcoholic beverage made from grain. Baijiu literally translated means white alcohol or liquor, and is a strong distilled spirit, generally between 40 and 60% alcohol by volume (ABV).
Baijiu is a clear liquid usually distilled from fermented sorghum, although other grains may be used; southern China versions may employ glutinous rice, while northern Chinese varieties may use wheat, barley, millet, or even Job's tears instead of sorghum. The jiuqu starter culture used in the production of baijiu mash is usually made of pulverized wheat grains.
Baijiu Market contains market size and forecasts of Baijiu in global, including the following market information:
Global Baijiu Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Baijiu Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Baijiu companies in 2021 (%)
The global Baijiu market was valued at 97970 million in 2021 and is projected to reach US$ 120210 million by 2028, at a CAGR of 3.0% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Thick-Flavor Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Baijiu include Kweichow Moutai Group, Wuliangye, Yanghe Brewery, Daohuaxiang, Luzhou Laojiao, Langjiu Group, Gujing Group, Shunxin Holdings and Fen Chiew Group, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Baijiu manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Baijiu Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Baijiu Market Segment Percentages, by Type, 2021 (%)
Thick-Flavor
Sauce-Flavor
Light-Flavor
Others
Global Baijiu Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Baijiu Market Segment Percentages, by Application, 2021 (%)
Corporate Hospitality
Government Reception
Family Dinner
Others
Global Baijiu Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Baijiu Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Baijiu revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Baijiu revenues share in global market, 2021 (%)
Key companies Baijiu sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Baijiu sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Kweichow Moutai Group
Wuliangye
Yanghe Brewery
Daohuaxiang
Luzhou Laojiao
Langjiu Group
Gujing Group
Shunxin Holdings
Fen Chiew Group
Baiyunbian Group
Xifeng Liquor
Hetao Group
Yingjia Group
Kouzi Liquor
Guojing Group
King's Luck Brewery
Jingzhi Liquor
Red Star
Laobaigan
JNC Group
Golden Seed Winery
Yilite
Huzhu Highland Barley Liquor
Jinhui Liquor
Weiwei Group
Tuopai Shede
Xiangjiao Winery
Shanzhuang Group
Taishan Liquor
Gubeichun Group