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Spirits

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Chinese spirit market in 2021

 

Expected Revenue in the Spirits segment amounts to US$142,150m in 2021. The market is expected to grow annually by 4.13% (CAGR 2021-2025), with China contributing the most to global revenues, with global figures at US$228,340 at the end of 2020, and a projected CAGR of 0.3% over the next five years.

In relation to total population figures, per person revenues of US$97.92 are generated in 2021. The average per capita consumption stands at 14.4 L in 2021.

 

Trends to look for by spirit type:

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