21.11.2011 - Vinexpo news selection
The latest report by The IWSR (International Wine & Spirit Research) explains that in about twenty years, China could well become the leading world wine market, ahead of the US.
In 2010, the Chinese market represented 125 million cases, the equivalent of 1.5 billion bottles. The Chinese still, light wine market thus achieved 34.4% growth compared to 2009, which is the highest in the world. According to The IWSR, this is not likely to stop: within a year the Chinese consumption of still, light wines could be greater than that of UK. China is therefore on track to join the Top 5 wine consuming nations. In 2016, the report forecasts a market of 3 billion bottles in China. (Web Caviste.com – 21 October 2011)