CATWF News Alert China Tontine Wines (CATWF) 0.0300 09/27/2014
Post# of 273249
China Grape Wine Industry Report, 2012-2014
M2 - Mon Jan 14, 4:34AM CST
Research and Markets (http://www.researchandmarkets.com/research/lgvmlz/china_grape_wine) has announced the addition of the "China Grape Wine Industry Report, 2012-2014" report to their offering. Spurred by rapid growth of consumption market, China's output of grape wine climbs year after year. In 2011, grape wine output in China amounted to 1.1569 billion liters, rising 6.3% from a year earlier. From 2001 to 2011, the output of grape wine presented an AAGR of 16.5%. Under the drive of the growing production and sales volume of grape wine, the operating revenue of Chinese wine industry shows a significant development tendency. In 2011, the operating revenue of China's wine industry increased by 21.1% year-on-year to RMB38.46 billion, and during 2006-2011 with a CAGR of 24.3%. Currently, the wine industry of China features low concentration, involving three types of wine companies. The first group consists of large grape wine breweries such as Changyu, Greatwall and Dynasty which are powerfully competitive