China’s Wine Industry to Grow by Over 18%

Share |

Low per capita consumption shows huge potential in China’s wine industry

(I-Newswire) March 17, 2010 - As per the recently released report “China Wine Industry by 2014”, the wine industry in China was valued at RMB 22 Billion in 2009 and it is forecasted to grow at a CAGR of over 18% during 2010-2014.

As per this research report China has witnessed a radical shift in the consumption of wine over the recent past. Fast expanding middle class population, increased urbanization and rising disposable income are some of the major reasons contributing to this change. Besides this, increased influence of China’s young population towards western culture has also brought a revolution in the China’s wine industry.

Our research found that the major reason for such a high growth rate in the Chinese wine market is attributed to the low per capita consumption of such drinks, thus indicating high growth potential for the market players.

“China Wine Industry by 2014” report provides an insight into the Chinese wine industry. It evaluates the past, present and future scenario of the Chinese wine industry. The report also covers the profiles of the top five wine producers in the Chinese market.

http://www.researchandmarkets.com/reportinfo.asp?cat_id=11&report_id=1207531&p=1

About PKG Research:
Research & Consulting Company.

Company Contact Information
PKG Research
91-9543055421
Delhi
110012
Phone : 91-9543055421

Print Release

Share this News Release

Published in:

Consumer

Tags:

China wine industry wine consumption in china china wine industry forecast

Published on:

March 17, 2010

If you have questions regarding information in this press release contact the company listed above. I-Newswire.com is a press release service and not the author of this press release.The information that is on or available through this site is for informational purposes only and speaks only as of the particular date or dates of that information. As some companies and PR Agencies submit their press releases once per week,month or quarter,make sure to check the official company website for accurate release dates as our site displays the I-Newswire.com press release distribution date only.We do not guarantee the accuracy or completeness of information on or available through this site, and we are not responsible for inaccuracies or omissions in that information or for actions taken in reliance on that information.

Related Releases

New DiscountVouchers.co.uk Survey Rates Flowers Top Valentine's Day Gift
UK consumers still consider flowers to be the leading Valentine's Day gift, says dedicated money-saving website DiscountVouchers.co.uk

The Eco-Dentistry Association Rewards Consumers for Their Green Smiles
The Eco-Dentistry Association today launched a new way to reward consumers for visiting an eco-friendly dentist and making eco-friendly oral health choices with the “Eco-Dentistry Badge.”

V2 Cigs Celebrates Valentine’s Day with Sweet Deals
Two promotions offer big savings during the month of February

Send A Letter Of Love This Valentines With Office Boutique
Letter writing sets composed with love quotations from celebrated writers and playwrights to help style your message of love to your sweetheart

IvoryEgg.com To Launch Presence On Ebay Germany
IvoryEgg.com, an online consumer electronics and computing retailer, announces that it will be launching its eBay presence in Germany.