Chinese wine market is growing up

[2008-12-23 17:07:13]

 Wine consumption in China is increasing substantially.Although the Chinese love beer and white spirits, wine has shown an astonishing growth in popularity. Especially China'sgrowing middle class is providing a magnet for foreign wine ompanies. According to the China Alcohol Industry Association China is already the largest wine consumer in Asia.And the consumption of wine in China is forecasted to increase 70% between 2008 and 2011. In 2011 the estimated wine consumption in China will be 1.100.000.000 L. www.wines-info.com

In addtion, the top quality wine market in China is growing fast. The highest increase in wine sales is expected in the premium wines with an estimated growth of 157.5% in the period 2005 - 2010 to reach 50% of the total wine consumption. www.wines-info.com

 By 2011, China will become the eighth largest consumption country of grape wine across the world!www.wines-info.com



From Topwine China
Source: 中国酒业新闻网
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