Beer market in China: Is premiumization the right move amid the slowing economy?
China holds over 15% of the global beer market share, making it the largest beer-consuming country in the world. However, as Chinese consumers cut back on spending and show evolving consumer preferences, such as more demand for premium and craft beers, it presents both opportunities and challenges for beer brands. By 2025, the beer market […]
The Revolution of Craft Beer in China: Chinese Consumers Crave Craft Beer
Craft beer in China has shown an impressive growth with over a 25% volume share of mid-priced and premium brands. China is the largest beer market in the world with 450 million hectoliters per year. This would make up 25% of the global consumption of beer. Since 2015 the revenue for beer production industry in […]