Global Baijiu Market - Industry Analysis Size Share Growth Trends and Forecast 2024 - 2031

Product Description

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 instead of sorghum. The jiuqu starter culture used in the production of baijiu mash is usually made of pulverized wheat grains. The Baijiu market revenue was xx Million USD in 2019, grew to xx Million USD in 2023, and will reach xx Million USD in 2031, with a CAGR of xx during 2024-2031. Considering the influence of COVID-19 on the global Baijiu market, this report analyzed the impact from both global and regional perspectives. From production end to consumption end in regions such as North America, Europe, China, and Japan, the report put emphasis on analysis of market under COVID-19 and corresponding response policy in different regions. This report also analyzes the strategies for different companies to deal with the impact of COVID-19 in detail to seek a path to recovery. Under COVID-19 Outbreak, how the Baijiu Industry will develop is also analyzed in detail in Chapter 1.8 of this report. Major Players in Baijiu market are: Kweichow Moutai Group Tuopai Shede Huangtai Liquor Gubeichun Group Shunxin Holdings Shuijingfang Group Hetao Group Jingzhi Liquor Laobaigan Langjiu Group Daohuaxiang Jiugui Liquor Jinhui Liquor Shanzhuang Group Guojing Group Huzhu Highland Barley Liquor Yilite Xiangjiao Winery Baiyunbian Group Red Star JNC Group Fen Chiew Group Xifeng Liquor Kouzi Liquor Yingjia Group Weiwei Group Yanghe Brewery Wuliangye Gujing Group Golden Seed Winery King’s Luck Brewery Taishan Liquor Luzhou Laojiao Most important types of Baijiu products covered in this report are: Thick-flavor Sauce-flavor Light-flavor Others Most widely used downstream fields of Baijiu market covered in this report are: Corporate Hospitality Government Reception Family Dinner Other Major Regions or countries covered in this report: North America Europe China Japan Middle East and Africa South America India South Korea Southeast Asia Others In Chapter 3.4, the report provides analysis of the reasons behind price fluctuations. In chapters 5, 6, and 7, the impact of COVID-19 on the different regions in both production and consumption end and SWOT analysis are pointed out. In Chapters 8, the report presents company's recent development and strategies to deal with the impact of COVID-19.