China's #Wine Market 2017 - Featuring Changyu Pioneer Wine, China Foods, Wei Long Grape Wine, CITIC Guoan Wine & Tonghua Grape Wine
DUBLIN - May 25, 2017 (Investorideas.com Newswire) Research and Markets has announced the addition of the "Assessment of China's Wine Market 2017" report to their offering.
The global wine industry has registered a decline of 5% in 2016, lowest production rate in the last two decades. More than 60% of the global wine industry market share is dominated by the US, Europe, Japan, and China. While the global wine production declined, the rising demand of wine in non-traditional markers has led to exports doubling over the past 20 years. Europe remains the global leader of wine supply, exporting -55% of its annual production.
While China is globally the largest consumer of spirits, there is still scope for wine consumption to grow. With per capita wine consumption at 1.34 litres, China ranks 36th globally as compared with France which has a per capita wine consumption of 47.19 litres. Wine sales experienced a slowdown in China post the introduction of austerity measures in 2013. Growth slowed down from 65% year-on-year in 2011 to 3% year-on-year during 2014. The biggest hit was on domestic wines, which fell in terms of volume from 142m cases in 2012 to 119m in 2014. However, in 2015, the market experienced a bounce back and growth rate by volume was approximately 50% year-on-year.
The initiatives and performance of key players including Changyu Pioneer Wine Co., China Foods Ltd., Wei Long Grape Wine Co., CITIC Guoan Wine Co., Tonghua Grape Wine Co., along with the current market scenario has also been studied. The report contains latest industry leader's opinion.
Key Topics Covered:
1. Global Wine Market
1.2 Market Performance & Statistics
2. China Wine Market
2.2 Market Performance & Statistics
2.3 Market Drivers
2.4 Industry outlook
3. Competitive Landscape
3.1 Changyu Pioneer Wine Co.
3.2 China Foods Ltd.
3.3 Wei Long Grape Wine Co.
3.4 CITIC Guoan Wine Co.
3.5 Tonghua Grape Wine Co.
4. Industry Speak
5. List of Charts and Graphs
6. Research Methodology
For more information about this report visit http://www.researchandmarkets.com/research/fltfcm/assessment_of
Research and Markets
Laura Wood, Senior Manager
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