Global Rice Wine Market 2018-2022
About Rice Wine
Rice wine is produced by yeast-induced fermentation of glutinous rice starch that has been converted to sugars. Popularly consumed in the Asian countries, the rice wine variants are rapidly gaining popularity in the wine markets around the world.
Technavio’s analysts forecast the Global Rice Wine Market to grow at a CAGR of 2.04% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the Global Rice Wine Market. To calculate the market size, the report considers the demand for rice wine variants.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Rice Wine Market 2018-2022
Technavio recognizes the following companies as the key players in the Global Rice Wine Market: Kuaijishan Shaoxing Wine, Zhangjiagang City Xiongzheng Wine, Zhejiang Guyuelongshan Shaoxing Wine, Zhejiang Jiashan Yellow Rice Wine, and Zhejiang Pagoda Brand Shaoxing Rice Wine.
Commenting on the report, an analyst from Technavio’s team said: “One trend affecting this market is the increasing popularity of rice wine among millennials.”
According to the report, one driver influencing this market is the health benefits of rice wine.
Further, the report states that one challenge affecting this market is the effects of climatic condition on wine production.
Kuaijishan Shaoxing Wine
Zhangjiagang City Xiongzheng Wine
Zhejiang Guyuelongshan Shaoxing Wine
Zhejiang Jiashan Yellow Rice Wine
Zhejiang Pagoda Brand Shaoxing Rice Wine