China Beverages Consumption Trends and Forecasts Tracker, Q3 2024
Powered by ![]()
All the vital news, analysis, and commentary curated by our industry experts.
China Beverages Market Report Overview
The China beverages market size was 136.84 billion liters (BL) in Q3 2024. The China beverages market research report offers comprehensive consumption volume data across several beverage categories for Q3 2024. Furthermore, the report precisely lists new product launches and highlights the latest beverage industry performance and developments every quarter.
Buy Full Report for More Insights on the China Beverages Market Forecast
Download a Free Sample Report
China Beverages Market Segmentation by Categories
China Beverages Market Analysis by Categories, Q3 2024 (%)
Buy the Full Report for More Category Insights into the China Beverages Market,
Download a Free Sample Report
Soft drinks, hot drinks, and alcoholic drinks among others are the primary China beverages market categories. In Q3 2024, soft drinks accounted for the highest beverage market share in China.
Soft drinks: The primary sub-categories are packaged water, enhanced water, flavored water, carbonates, juice, and still drinks, among others. Packaged water accounted for the highest consumption volume in Q3 2024. While the category’s convenience will continue to ensure steady growth, the challenge for manufacturers lies in ensuring that the diverse needs of consumers, in terms of variety, availability, and price points, are met.
Soft Drinks Beverages Market Analysis by Sub-Categories, Q3 2024 (%)
Buy the Full Report for More Sub-Category Insights into the China Beverages Market,
Download a Free Sample Report
Hot drinks: Hot coffee, hot tea, and other hot drinks are the main sub-categories within the hot drinks sector. Hot tea was the most consumed sub-category in Q3 2024. A relatively saturated market, hot tea volumes will rise at a moderate pace in the coming years. However, the increasing prominence of hot coffee among young Chinese consumers will boost the sector’s growth.
Dairy and soy drinks and milk alternatives: The key sub-categories are condensed milk, drinking yogurt, evaporated milk, flavored milk, white milk, and fermented milk among others. White milk accounted for the highest volume in Q3 2024. The steady growth of milk tea helped boost white milk and soymilk volumes. An uptick in tourism and on-premises consumption also fueled demand.
Alcoholic drinks: Beer, cider, flavored alcoholic beverages, and fortified wine among others, are the main sub-categories. In Q3 2024, beer was the leading sub-category with the highest consumption volume. In the long term, alcoholic drinks volumes will rise, given the social drinking culture in China. As the economy improves, beer volumes will recover in line with a rise in on-premises consumption.
| Time Period | Q3 2024 |
| Consumption Volume (Q3 2024) | 136.84 billion liters (BL) |
| Key Categories | · Soft Drinks
· Hot Drinks · Dairy and Soy Drinks and Milk Alternatives · Alcoholic Drinks |
| Enquire & Decide | Discover the perfect solution for your business needs. Enquire now and let us help you make an informed decision before making a purchase. |
Segments Covered in the Report
China Beverages Market Categories Outlook (Volume, Billion Liters, Q3 2024)
- Soft Drinks
- Packaged Water
- Enhanced Water
- Flavored Water
- Carbonates
- Juice
- Nectars
- Still Drinks
- Squash/Syrups
- Fruit Powders
- Iced/RTD Tea Drinks
- Iced/RTD Coffee Drinks
- Sports Drinks
- Energy Drinks
- Bulk/HOD Water
- Hot Drinks
- Hot Coffee
- Hot Tea
- Other Hot Drinks
- Dairy and Soy Drinks and Milk Alternatives
- Condensed Milk
- Drinking Yogurt
- Evaporated Milk
- Fermented Milk
- Flavored Milk
- Grain, Nut, Rice and Seed Milk Alternative Drinks
- Soymilk
- White Milk
- Alcoholic Drinks
- Beer
- Cider
- Flavored Alcoholic Beverages
- Fortified Wine
- Brandy
- Gin & Genever
- Liqueurs
- Rum
- Sorghum Beer
- Sparkling Wine
- Specialty Spirits
- Still Wine
- Tequila & Mezcal
- Vodka
- Whiskey
Scope
The report provides:
- Top line consumption volumes for Q3-2024 vs Q3-2023, moving annual totals (MAT), the full year 2023 provisional data, and 2024 forecasts for all beverage categories.
- Carbonates consumption data for Q3-2024 vs Q3-2023, moving annual totals (MAT), the full year 2023 provisional data, and 2024 forecasts split by regular vs low calorie, and key flavor.
- An economic mood indicator with an assessment of industry confidence levels, private label performance vs brands, and price trends.
- Insightful and valuable analysis of the drivers behind the latest quarterly trends and assumptions for the full year 2024.
Reasons to Buy
- Gain an in-depth understanding of the most up-to-date trends in the China beverage industry to support and enhance your strategic planning.
- Investigate the latest quarterly and emerging annual trends in China to back your marketing initiatives.
- Analyze the latest beverage category 2024 forecast projections to make well-informed decisions on the outlook in the marketplace for your company.
- View a selection of the key quarterly new soft drinks product launches and identify competitor activity.
- Access a quarterly Special Focus on a current industry ‘hot topic’ offering qualitative insight from local consultants to determine opportunities for product innovation.
Table of Contents
Frequently asked questions
-
What was the China beverages market consumption volume in Q3 2024?
The beverage market consumption volume in China was 136.84 billion liters (BL) in Q3 2024.
-
What are the key categories in the China beverages market?
The key categories in the China beverages market are soft drinks, hot drinks, and alcoholic drinks among others.
-
Which was the leading category in the China beverages market in Q3 2024?
In Q3 2024, soft drinks was the leading category in the China beverages market.
-
Which are the key sub-categories in the soft drinks category?
The primary sub-categories are packaged water, enhanced water, flavored water, carbonates, juice, and still drinks, among others.
Get in touch to find out about multi-purchase discounts
reportstore@globaldata.com
Tel +44 20 7947 2745
