China Imported Grape Wine Industry Report 2020-2024 Featuring Austchi Dragon, Jiuhangjia, Lefou Wines, Pran Wines & Sparkling World
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According to the analyst, China is the world s fifth-largest wine consumer. Grape wine is the second largest alcoholic beverage in the world after beer and has a long history in China, but it is relatively inferior to other liquors. There are largely low-end domestic wine products in China s wine market, and demand for high-end grape wine relies on imports.
According to the analyst, the production of Chinese-made wine has been declining year by year since 2015. Besides, due to the shortcomings of high planting cost, backward mode, and low efficiency, domestic grape wine has disadvantages in the competition with imported grapes. The youth group is the major consumer of wine.