Market Overview:
The global Chinese rice wine market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for rice wine across the globe, especially in Asia Pacific and Middle East & Africa. Additionally, the growing popularity of Chinese rice wine among consumers is also contributing to the growth of this market. On the basis of type, non-rice accounted for a larger share of the global Chinese rice wine market in 2017. This segment is projected to grow at a higher CAGR than that of the rice segment during 2018-2030. Non-rice wines are made from various fruits and other ingredients such as flowers, herbs and spices, which give them unique flavors and aromas. These wines are becoming popular among consumers due their exotic flavors and health benefits offered by them. On account of its rising popularity among consumers, online retailing is projected to be one of fastest growing channels for salesof Chinese Rice Wine during 2018-2030 In terms value terms,.
Product Definition:
Rice wine is an alcoholic drink made from fermented rice. It is a type of sake.
Rice:
Rice is a staple food in China. It has been used as an important ingredient for cooking rice wine since ancient times. The growth factor of the Chinese rice wine market is mainly driven by rising income levels and changing lifestyles of consumers, which have led to increased demand for alcohol across the globe.
The production process of Chinese Rice Wine involves two stages; firstly, the raw material (japonica or basmati rices) are harvested at a particular time.
Non-rice:
Non-rice ingredients are those that are not used in making rice wine. These ingredients include fruits, vegetables, honey, and sugar. The most common non-rice ingredient used in Chinese rice wine is fruit pectin which is obtained from the peel of citrus fruits including oranges and lemons.
Fruit pectin helps to increase the viscosity of the wine without any change in its chemical composition by forming a gel structure inside it.
Application Insights:
Supermarket was the largest application segment in 2017 and accounted for more than 60.0% share of the overall revenue. The growth of this segment can be attributed to growing demand for wine in various restaurants and eateries, which has resulted in increased sales through supermarkets across China. Moreover, increasing number of shopping malls across China has enabled them to establish their own stores within the mall premises, which is expected to further fuel market growth over the forecast period.
The Exclusive Shop category is expected to witness significant growth over the forecast period owing to high barriers for entry into retail business by other forms of businesses such as hypermarkets and supermarkets. In addition, strong presence of departmental stores that sell luxury goods will also propel market demand over next few years as these shops cater mostly towards a niche group with higher spending capacity thus generating greater revenues than regular grocery shops or convenience stores would do so on an average basis during same period span.
Regional Analysis:
The Asia Pacific held the largest share of over 60% in 2017. The region is expected to continue its dominance over the forecast period as well due to increasing demand for rice wine from China and Taiwan. Furthermore, growing popularity of Chinese cuisine across the world will boost product consumption in this region.
North America is projected to be one of the fastest-growing regional markets with a CAGR exceeding 6% during the forecast period owing to rising health consciousness and easy availability of high-quality products at affordable prices. Moreover, strong presence of exclusive shops that offer authentic Chinese cuisine will further drive market growth in this region.
Europe was another key contributor towards market growth owing to significant demand from Germany and U.K., which are among top 10 importers worldwide along with France, Italy, Netherlands, Belgium and Poland among others’ countries that import more than 100 kilo tons per year on average globally are Argentina (99), Brazil (98) Germany (97) U.
Growth Factors:
- Increasing disposable income of the Chinese population: The disposable income of the Chinese population has been increasing in recent years, which has led to an increase in demand for luxury goods, including rice wine.
- Growing popularity of rice wine among young people: Rice wine is becoming increasingly popular among young people in China due to its perceived health benefits and its taste and aroma.
- Rising awareness about the benefits of rice wine: There is a growing awareness about the health benefits of rice wine among the Chinese population, which is leading to an increase in demand for this product.
- Expansion of retail networks: Retail networks are expanding rapidly in China, providing consumers with easy access to quality rice wines. This is contributing to the growth of the market for this product category.
Scope Of The Report
Report Attributes
Report Details
Report Title
Chinese Rice Wine Market Research Report
By Type
Rice, Non-rice
By Application
Supermarket, Exclusive Shop, Online Shop, Others
By Companies
Wuxi Zhentai Winery, Shaoxing Yellow Rine Wine, Kuaijishan Wine, Tapaijiu, Jinfeng Wine, Shaoxing Nuuerhong
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
177
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Chinese Rice Wine Market Report Segments:
The global Chinese Rice Wine market is segmented on the basis of:
Types
Rice, Non-rice
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Supermarket, Exclusive Shop, Online Shop, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Wuxi Zhentai Winery
- Shaoxing Yellow Rine Wine
- Kuaijishan Wine
- Tapaijiu
- Jinfeng Wine
- Shaoxing Nuuerhong
Highlights of The Chinese Rice Wine Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Rice
- Non-rice
- By Application:
- Supermarket
- Exclusive Shop
- Online Shop
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Chinese Rice Wine Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Chinese rice wine is a type of alcoholic drink made from fermented rice.
Some of the key players operating in the chinese rice wine market are Wuxi Zhentai Winery, Shaoxing Yellow Rine Wine, Kuaijishan Wine, Tapaijiu, Jinfeng Wine, Shaoxing Nuuerhong.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Chinese Rice Wine Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Chinese Rice Wine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Chinese Rice Wine Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Chinese Rice Wine Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Chinese Rice Wine Market Size & Forecast, 2020-2028
4.5.1 Chinese Rice Wine Market Size and Y-o-Y Growth
4.5.2 Chinese Rice Wine Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Rice
5.2.2 Non-rice
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Supermarket
6.2.2 Exclusive Shop
6.2.3 Online Shop
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Chinese Rice Wine Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Chinese Rice Wine Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Rice
9.6.2 Non-rice
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Supermarket
9.10.2 Exclusive Shop
9.10.3 Online Shop
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Rice
10.6.2 Non-rice
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Supermarket
10.10.2 Exclusive Shop
10.10.3 Online Shop
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Rice
11.6.2 Non-rice
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Supermarket
11.10.2 Exclusive Shop
11.10.3 Online Shop
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Rice
12.6.2 Non-rice
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Supermarket
12.10.2 Exclusive Shop
12.10.3 Online Shop
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Rice
13.6.2 Non-rice
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Supermarket
13.10.2 Exclusive Shop
13.10.3 Online Shop
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Chinese Rice Wine Market: Competitive Dashboard
14.2 Global Chinese Rice Wine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Wuxi Zhentai Winery
14.3.2 Shaoxing Yellow Rine Wine
14.3.3 Kuaijishan Wine
14.3.4 Tapaijiu
14.3.5 Jinfeng Wine
14.3.6 Shaoxing Nuuerhong
