Technology, Consumer Staples Aug 24, 2021 08:18 AM (GMT+8) · EqualOcean
Associated Press, August 24, CIC research report pointed out that with the increase of disposable income of residents and the rapid rise of the middle class, we believe that the high-end (300 yuan) and above Baijiu will continue to boom. It is estimated that the high-end capacity will exceed 300 billion yuan in 25 years and the five five will continue to enjoy the bonus of consumer upgrade. The competition pattern of the secondary high-end industry has not been solidified, and there is still room for further improvement in the market share of national secondary high-end, pan national secondary high-end and sauce and wine leading companies.
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