Global Liquor Market Growth 2019-2024 –

Research By Markets adds Market Research Report - Global Liquor Market Growth 2019-2024 –

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Liquor, also known as shaojiu or baijiu in china, is a Chinese alcoholic beverage made from grain. Liquor is a strong distilled spirit, generally between 40% and 60% alcohol by volume (ABV).
Liquor is strong distilled from grains, which is a traditional alcoholic beverage from China. The Liquor industry in China is quite fragmented. In 2018, the top ten enterprises were estimated to account for about 30% revenue market share. The majority players in China Liquor market are Moutai, Wuliangye, Yanghe, Daohuaxiang, Luzhou Laojiao, Langjiu Group, Gujing Group, Shunxin Holdings, Fenjiu and Baiyunbian Group, etc.
Liquor can be similar in appearance to vodka, but it has a unique flavor that is not comparable to any other type of spirit. Liquor is often classified based on three fragrances: Sauce, thick and light etc. In addition, thick-favor type is the major product with 70.82% sales market share in 2018. The typical production enterprises of thick-favor liquor are Wuliangye and Luzhou Laojiao. Moutai is the key manufacturer to produce sauce-favor types Liquor.

According to this study, over the next five years the Liquor market will register a 6.6% CAGR in terms of revenue, the global market size will reach US$ 124100 million by 2024, from US$ 90120 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Liquor business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Liquor market by product type, application, key manufacturers and key regions and countries.

This study considers the Liquor value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Family Dinner
Friends Gathering
Business Entertainment

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
United States
Southeast Asia
Middle East & Africa
South Africa
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Luzhou Laojiao
Langjiu Group
Gujing Group
Shunxin Holdings
Baiyunbian Group
Xifeng Liquor
Hetao Group
Yingjia Group
Kouzi Liquor
Guojing Group
King’s Luck
Jingzhi Liquor
Red Star
JNC Group
Golden Seed Winery
Huzhu Highland
Jinhui Liquor
Weiwei Group
Tuopai Shede
Xiangjiao Winery
Shanzhuang Group
Taishan Liquor
Gubeichun Group

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Liquor consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Liquor market by identifying its various subsegments.
Focuses on the key global Liquor manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Liquor with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Liquor submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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Ritesh Tiwari is the Founder of Research By Markets, a leading Market Research Reports Reseller trusted by Fortune listed companies for their requirements of Syndicated and Custom Market Research Reports. Ritesh has an overall experience of 18+ years in Recruitments, Sales and Operations. He has been associated with the Market Research industry for the past 7 years. He is an avid foodie as well as a huge football fan being a supporter of Manchester United (EPL) and FC Barcelona (La Liga). Get in touch with him via *Market Research News is a part of Research By Markets.