BEIJING, March 25 /PRNewswire-Asia/ -- Frbiz.com, one of China's leading B2B search platforms, analyzes sugar and wine market development trends.
When the economy picks up, food consumption increases, demand for sugar is wine are strong, and there is great growth in both production and sales.
Production and consumption are increasing, leading enterprises and key areas are growing, and the industry structure is continuously adjusting and becoming more optimal. Product quality is improving and inventory turnover speed is also increasing. The industry is healthy and diverse and innovation is flourishing.
The liquor industry has gradually come to focus on high-end products. Second-tier regional brands are gradually emerged as another force in the development of the liquor-making industry. To improve product structure and the implementation of technological innovation will be important tasks for the future development of enterprises. From the aroma to the taste, from production to storage methods, there are a number of new processes and concepts to be explored.
Beer companies' new product development efforts have been strengthened and high-end and high value-added products are continuously entering the market. Consumption of pure draft beer will increase in the future.
Wine consumption is still showing a rapid growth trend. The imported wine market is rapidly warming, while the market competition is also increasing. Wine culture is spreading widely, which will cause China's domestic wine consumption to increase.
Due to increasing demand in China's domestic market, and a policy stimulating rural consumption, the beverage consumer market as a whole is expanding. The growth rate of fruit and vegetable juice drinks is increasing obviously, especially in the soft drink industry.
The dairy products market is picking up, and consumer demand is increasing. The relationship between the Chinese dairy market and the international market is close, and international capital is accelerating market penetration in China.
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SOURCE Frbiz.com
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