China Dark Spirits Market Size & Outlook, 2021-2028

The dark spirits market in China is expected to reach a projected revenue of US$ 11,642.2 million by 2028. A compound annual growth rate of 7.1% is expected of China dark spirits market from 2022 to 2028.
Revenue, 2021 (US$M)
$7,202.7
Forecast, 2028 (US$M)
$11,642.2
CAGR, 2022 - 2028
7.1%
Report Coverage
China

China dark spirits market highlights

  • The China dark spirits market generated a revenue of USD 7,202.7 million in 2021 and is expected to reach USD 11,642.2 million by 2028.
  • The China market is expected to grow at a CAGR of 7.1% from 2022 to 2028.
  • In terms of segment, whiskey was the largest revenue generating type in 2021.
  • Rum is the most lucrative type segment registering the fastest growth during the forecast period.


Dark spirits market data book summary

Market revenue in 2021USD 7,202.7 million
Market revenue in 2028USD 11,642.2 million
Growth rate7.1% (CAGR from 2021 to 2028)
Largest segmentWhiskey
Fastest growing segmentRum
Historical data2017 - 2020
Base year2021
Forecast period2022 - 2028
Quantitative unitsRevenue in USD million
Market segmentationWhiskey, Rum, Brandy
Key market players worldwideDiageo PLC, Anheuser-Busch InBev SA/NV, Suntory Holdings, Suntory Beverage & Food Ltd, Pernod Ricard SA, Asahi Group Holdings Ltd, Kirin Holdings Co Ltd, Bacardi, LT Group Inc, Brown-Forman Corp Registered Shs -B- Non Vtg, Remy Cointreau


Other key industry trends

  • In terms of revenue, China accounted for 13.1% of the global dark spirits market in 2021.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
  • In Asia Pacific, China dark spirits market is projected to lead the regional market in terms of revenue in 2028.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 7,491.4 million by 2028.

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Dark Spirits Market Scope

Dark spirits market segmentation & scope

Dark Spirits Market Companies

Name Profile # Employees HQ Website

China dark spirits market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to dark spirits market will help companies and investors design strategic landscapes.


Whiskey was the largest segment with a revenue share of 47.66% in 2021. Horizon Databook has segmented the China dark spirits market based on whiskey, rum, brandy covering the revenue growth of each sub-segment from 2017 to 2028.


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Target buyers of China dark spirits market databook

  • Our clientele includes a mix of dark spirits market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the China dark spirits market , including forecasts for subscribers. This country databook contains high-level insights into China dark spirits market from 2017 to 2028, including revenue numbers, major trends, and company profiles.

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China dark spirits market size, by type, 2017-2028 (US$M)

China Dark Spirits Market Outlook Share, 2021 & 2028 (US$M)

China dark spirits market size, by type, 2017-2028 (US$M)

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