Alcoholic Drinks

  • China
  • Revenue in the Alcoholic Drinks market amounts to US$311,827m in 2021. The market is expected to grow annually by 4.93% (CAGR 2021-2025).
  • The market's largest segment is the segment Spirits with a market volume of US$148,993m in 2021.
  • In global comparison, most revenue is generated in China (US$311,827m in 2021).
  • In relation to total population figures, per person revenues of US$214.79 are generated in 2021.
  • 25.3% of total consumer spending on food, drink and tobacco products will be attributable to online retail by 2021.
  • By 2025, 43% of spending and 39% of volume consumption in the Alcoholic Drinks market will be attributable to out-of-home consumption (e.g., in bars and restaurants).
  • In the Alcoholic Drinks market, volume is expected to amount to 65,322.6ML by 2025. The market for Alcoholic Drinks market is expected to show a volume growth of 2.0% in 2022.
  • The average volume per person in the Alcoholic Drinks market is expected to amount to 42.49 L in 2021.
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