Market concentration ratio of baijiu industry in China 2019-2022
The concentration ratio of China's baijiu industry has increased steadily in the past years. In the first half of 2022, the five largest baijiu manufacturers contributed to around 42 percent of the market, growing from 40 percent in 2021. Kweichow Moutai and Wuliangye are the two leading Chinese baijiu producers.