China Beverage Sector Report 2021 1st Quarter

The revenue of China’s beverage sector rose by 3.3% y/y to RMB 390.4bn in the fourth quarter of 2020, driven by increased sales of high-end baijiu and grape wine. Beverage retail sales in October-December 2020 surged by 19.1% y/y to RMB 65.6bn. The sector’s total profit in the period reached RMB 65.5bn, up by 14.3% y/y, due to decreased costs.​ The production of grape wine in Q4 2020 soared by 38.5% y/y to 205mn litres. Baijiu production in October-December 2020 surged by 24.5% y/y to 2.6bn litres. Beer output during this period declined by 7.5% y/y to 6bn litres. The output of soft drinks in the fourth quarter of 2020 dropped by 15.4% y/y to 34mn tonnes. 

This report provides a complete and detailed analysis of the beverage sector for China. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.

What this report allows you to do:

• Understand the key elements at play in the beverage sector in China
• Access forecasts for growth in the sector
• View key data on production and sales for the sector in China
• Crystallise the forces both driving and restraining this sector in China
• Build a complete perspective on sector trade, investment and employment
• Understand the competitive landscape and who the major players are
• View M&A activity and major deals
• Gain an understanding of the regulatory environment for the sector in China
• Build a clear picture of trends and issues for sub-sectors (e.g. alcoholic beverages and soft drinks)

See below for a complete table of report contents: