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Wine Market in China 2021

January 2022 | 22 pages | ID: WFF56CBCA513EN
StrategyHelix Inc

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Wine is a fermented beverage produced from grapes and sometimes other fruits. Yeast consumes the sugar in the grapes and converts it to ethanol, carbon dioxide and heat. Wine ABV (alcohol by volume) can range from as low as 5.5% to as much as 23%. The wine market in China will decline to USD 54,981 million by 2027, contracting at a CAGR of -1.8% from 2020 through 2027.

The report provides up-to-date market size data for period 2017-2020 and forecast to 2027 covering key market aspects like sales value for wine. The China wine market is segmented on the basis of product, and distribution channel. On the basis of product, the wine market in China has been segmented into fortified wine, fruit wine, sparkling wine, still wine. Among these, the still wine segment was accounted for the highest revenue generator in 2020. By distribution channel, the wine market in China has been segmented into supermarkets & hypermarkets, food & drink specialists, online retail, others.

The China wine market is highly competitive. As of 2020, the major players in the China wine market were Bright Food (Group) Co. Ltd., China National Cereals Oils and Foodstuffs Import & Export Corporation (COFCO), Jiangsu Zhangjiagang Brewing Co. Ltd., Kuaijishan Shaoxing Rice Wine Co. Ltd., Treasury Wine Estates Limited, Yantai Changyu Group Company Limited, Zhejiang Guyuelongshan Shaoxing Wine Co. Ltd.

The report is an invaluable resource for companies and organizations active in this industry. It provides a cohesive picture of the wine market to help drive informed decision making for industry executives, policy makers, academic, and analysts.

Report Scope
Product: fortified wine, fruit wine, sparkling wine, still wine
Distribution channel: supermarkets & hypermarkets, food & drink specialists, online retail, others
Years considered: this report covers the period 2017 to 2027

Key Benefits for Stakeholders
Get a comprehensive picture of the China wine market
Identify regional strategies and strategic priorities on the basis of local data
Pinpoint growth sectors and trends for investment
PART 1. INTRODUCTION

Scope of the study
Study period
Geographical scope
Research methodology

PART 2. WINE MARKET OVERVIEW

PART 3. MARKET BREAKDOWN BY PRODUCT

Fortified wine
Fruit wine
Sparkling wine
Still wine

PART 4. MARKET BREAKDOWN BY DISTRIBUTION CHANNEL

Supermarkets & hypermarkets
Food & drink specialists
Online retail
Others

PART 5. KEY COMPANIES

Bright Food (Group) Co., Ltd.
China National Cereals Oils and Foodstuffs Import & Export Corporation (COFCO)
Jiangsu Zhangjiagang Brewing Co., Ltd.
Kuaijishan Shaoxing Rice Wine Co., Ltd.
Treasury Wine Estates Limited
Yantai Changyu Group Company Limited
Zhejiang Guyuelongshan Shaoxing Wine Co., Ltd.
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