Top 10 Alcoholic Beverages Companies in China in 2021 by Volume
China Resources (Holdings) Co Ltd, Tsingtao Brewery Co Ltd, Anheuser-Busch InBev NV/SA, Beijing Yanjing Beer Co Ltd, and Carlsberg AS are the top 5 alcoholic beverages companies in China in 2021 by volume. Cumulatively, the top 10 alcoholic beverages companies in China reported a volume of 38,461 million liters, the highest volume was reported by China Resources (Holdings) Co Ltd (11,672 million liters), followed by Tsingtao Brewery Co Ltd (8,036 million liters) and Anheuser-Busch InBev NV/SA (7,606 million liters), while Niu Lan Shan Distillery (435 million liters) stood the lowest. China Resources (Holdings) Co Ltd is the leading alcoholic beverages company in China in 2021 by volume (FY2021). It is a provider of consumer products and general business solutions. The company operates through business units such as cement, consumer goods, finance, gas, pharmaceuticals, power, and property. It also offers chemicals, compressors, healthcare, microelectronics, and textile solutions. The company reported a volume of 11,672 million liters. China Resources provides financial services which include asset management, capital and fund management, investments, banking, and insurance. It operates in China and Hong Kong. Tsingtao Brewery Co Ltd is one of the leading alcoholic beverage companies in China in 2021 by volume. It engages in the production and distribution of beer products. The company offers products such as Tsingtao beer, Tsingtao dark beer, Tsingtao beer premium, Tsingtao draft beer, Huiquan beer, and great ocean beer. The company also carries out the financial businesses of wealth management and agency collection and payment for its members. It reported revenues of $4,677 million for the fiscal year ended December 2021 (FY2021), an increase of 16.25% over FY2020. The company operates through seven segments: Shandong Region; South China; North China; East China; Southeast China; Hong Kong, Macau, and Other Overseas and Finance Company, and employed 32,947 people.