Market Overview of Chinese Wine Market
Wine is an alcoholic beverage with the alcohol by volume ranging from 10% to 15% typically made from fermented juice obtained and extracted by squeezing and crushing various types of grapes. It is produced by fermenting crushed grapes with various types of yeast. Yeast consumes sugars in the grapes and converts them into alcohol. Wine is usually made using various types of grapes, including Pinot Noir, Chardonnay, Cabernet Sauvignon, Gamay, and Merlot. In the past two decades, with the rapid economic growth and the increasing disposable income in China,…
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