China Beverages Consumption Trends and Forecasts Tracker, Q4 2023

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China Beverages Market Report Overview

The China beverages market size was valued at 99.423 billion liters (BL) in Q4 2023. The China beverages market research report has recorded essential data on key products, their categories, and their consumption volume in the country for Q4 2023. Furthermore, the report precisely lists new product launches and highlights the latest beverage industry performance and developments every quarter.

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Consumption Volume (Q4 2023) 99.423 Billion Liters (BL)
Key Segments ·        Soft Drinks

·        Hot Drinks

·        Dairy and Soy Drinks and Milk Alternatives

·        Alcoholic Drinks

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China Beverages Market Segmentation by Categories

The key categories in the China beverages market are soft drinks, hot drinks, dairy and soy drinks and milk alternatives, and alcoholic drinks. In Q4 2023, soft drinks was the leading category.

Soft drinks: The category can be further segmented into packaged water, enhanced water, flavored water, carbonates, juice, nectars, still drinks, squash/syrups, fruit powders, iced/RTD tea drinks, and sports drinks, among others. Among the segments, packaged water accounted for the highest volume in Q4 2023.

Hot drinks: The category can be further segmented into hot coffee, hot tea, and other hot drinks. Among the segments, hot tea accounted for the highest volume in Q4 2023.

Dairy and soy drinks and milk alternatives: The category can be further segmented into condensed milk, drinking yogurt, evaporated milk, fermented milk, flavored milk, grain, nut, rice and seed milk alternative drinks, soymilk, and white milk. Among the segments, white milk accounted for the highest volume in Q4 2023.

Alcoholic drinks: The category can be further segmented into beer, cider, flavored alcoholic beverages, fortified wine, brandy, gin & genever, liqueurs, rum, sparkling wine, specialty spirits, and still wine, among others. Among the segments, beer accounted for the highest volume in Q4 2023.

China Beverages Market Analysis by Categories, Q4 2023 (%)

China Beverages Market Analysis by Categories, Q4 2023 (%)

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Segments Covered in the Report

China Beverages Market Segments Outlook (Volume, Billion Liters, Q4 2023)

  • Soft Drinks
    • Packaged Water
    • Enhanced Water
    • Flavored Water
    • Carbonates
    • Juice
    • Nectars
    • Still Drinks
    • Squash/Syrups
    • 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
    • Sparkling Wine
    • Specialty Spirits
    • Still Wine
    • Tequila & Mezcal
    • Vodka
    • Whiskey


The report provides:

  • Top line consumption volumes for Q4-2023 vs Q4-2022, moving annual totals (MAT), the full-year 2022 provisional data, and 2023 forecasts for all beverage categories.
  • Carbonates consumption data for Q4-2023 vs Q4-2022, moving annual totals (MAT), the full year 2022 provisional data, and 2023 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 2023.

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 2023 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

Table of Contents

Data Revisions

1. Executive Summary

2. At A Glance

3. Market Environment

4. Category Summary, Outlook and New Products

Soft Drinks

Hot Drinks

Alcoholic Drinks

Dairy & Soy Drinks & Milk Alternatives

5. Data Tables

6. Forecasting Methodology

Frequently asked questions

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