CICC: soy sauce and wine step into high-quality centralized development and look forward to the leading company with comprehensive competitive advantage

Xinhua News Agency, May 31 / PRNewswire-FirstCall-Asianet /-- China International Capital Corporation reported that at present, consumer demand is focused on high-quality brands and higher quality. the sauce and wine industry has entered a stage of centralized differentiation, small and medium-sized enterprises are facing operational difficulties, the head wine enterprises are still stable, and actively promote capacity expansion. In the future, soy sauce will still occupy an important share in the liquor industry. We expect that the output of soy sauce wine will gradually increase in 2023-25 and begin to increase significantly in 2026, but the high-quality Daqu sauce flavor is still scarce. Under the background of structural prosperity of soy sauce and wine industry, the head liquor enterprises with the advantages of brand, quality and mechanism are expected to have room for long-term development.