According to a new report from Intel Market Research, the Asia-Pacific Baijiu market was valued at USD 89.1 billion in 2023 and is projected to reach USD 112.5 billion by 2032, growing at a CAGR of 2.9% during the forecast period (2024–2032). This growth is propelled by the deep-rooted cultural significance in business banquets and social gatherings, rising disposable incomes in China,...

According to a new report from Intel Market Research, the global Baijiu Market was valued at USD 92,380 million in 2024 and is projected to reach USD 115,760 million by 2032, growing at a steady CAGR of 3.4% during the forecast period (2025–2032). Growth is driven by rising disposable incomes in China's expanding middle class, the deep cultural significance of baijiu in business and...