The Chinese Wine Industry

Jiao, Linda; Ouyang, Shan

doi:10.1007/978-3-319-98633-3_10

Cited by 10 publications

(9 citation statements)

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“…This grape has been gradually accepted and is exclusively used in making some world class wines, especially in “new world” wine countries [3]. Strongly structured and elegant wines are made from Marselan; the result is that it is regarded as a grape variety which is highly adapted to the taste of Chinese consumers [4]. Hence, the planting area has been increasing year by year since Marselan was introduced to China in 2001.…”

Section: Introductionmentioning

confidence: 99%

Characterization of the Key Aroma Compounds in Marselan Wine by Gas Chromatography-Olfactometry, Quantitative Measurements, Aroma Recombination, and Omission Tests

Lyu

et al. 2019

Molecules

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Key odorants of red wine made from the hybrid grapes of Marselan (Vitis vinifera L.) were isolated by solid-phase extraction (SPE) and explored by gas chromatography-olfactometry (GC-O) analysis. Application of aroma extract dilution analysis (AEDA) revealed 43 odor-active compounds, and 31 odorants among them were detected with flavor dilution (FD) factors ranging from 9 to 2187. Comprehensive two-dimensional gas chromatography and time-of-flight mass spectrometry (GC × GC-TOF-MS) were exploited to quantitate the aroma-active compounds with FD ≥9. The identification indicated β-damascenone as having the highest FD factors, followed by eugenol, 2,3-butanedione, citronellol, 4-hydroxy-2,5-dimethyl-3(2H)-furanone, phenethyl acetate, guaiacol, and 2-methoxy-4-vinylphenol. A total of 21 compounds were found to have odor activity values (OAVs) >1.0. Aroma reconstitution validation experiments showed a good similarity of blackberry, green pepper, honey, raspberry, caramel, smoky, and cinnamon aroma attributes between the original Marselan wine and the reconstructed wine. In addition, omission tests were carried out to further determine the contribution of odorants to the overall aroma.

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Section: Introductionmentioning

confidence: 99%

Characterization of the Key Aroma Compounds in Marselan Wine by Gas Chromatography-Olfactometry, Quantitative Measurements, Aroma Recombination, and Omission Tests

Lyu

et al. 2019

Molecules

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“…They also noticed that Chinese comparative advantages are based on domestic demand. In addition, Jiao and Ouyang (2019) state that the Chinese wine market is evolving from wine production to wine consumption since the second half of the 2000s. Recent studies highlighted the developing perspective of the Chinese wine market on both the demand and supply sides.…”

Section: Literature Reviewmentioning

confidence: 99%

“…China has a long history of producing alcoholic beverages and winemaking, which is traceable back thousands of years (Jiao and Ouyang, 2019), although its winemaking is overshadowed by “huangjiu” (yellow wine made from water, rice, sorghum, millet or wheat) and the stronger distilled spirit “baijiu,” a white liquor made from grain (Zheng, 2019). The Jiahu village (Henan Province) archaeological site is the supposed location where fermented beverages were made in 7000–6600 BC consisting of wild grapes, hawthorn, rice and honey (McGovern, 2018; Zheng, 2019).…”

Section: Introductionmentioning

confidence: 99%

“…Chinese wine consumption has grown dramatically since the economic reforms of the 1980s (Garnaut et al , 2018). The country can be characterized by increasing wine production and consumption (Jiao and Ouyang, 2019).…”

Section: Introductionmentioning

confidence: 99%

“…According to the recent literature (Li and Bardají, 2017; Li, 2017; Bargain et al , 2018; Jiao and Ouyang, 2019), the analysis of the Chinese wine industry shows an increasing research interest. Chinese wine trade, especially the export side, is scarcely investigated.…”

Section: Introductionmentioning

confidence: 99%

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The development of the Chinese wine industry and trade

Mizik

Balogh

2022

IJWBR

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Purpose The study aims to give an overview of the development of the Chinese wine industry and trade between 1992 and 2019. Its importance is highlighted by the fact that China has become one of the world’s largest wine-consuming markets with great growth potential and is now ranked among the top 10 largest global markets for wine. Design/methodology/approach To address Chinese wine industry competitiveness, revealed comparative advantage (RCA), relative trade advantage (RTA) and revealed competitiveness (RC) were calculated, based on the World Bank World Integrated Trade Solution database. Chinese wine market-related issues are analyzed by Porter’s Five Forces in help of Market Line industry profile reports. Findings Results suggest that the Chinese wine market is relatively fragmented, with a concentrated food and beverages retail industry, strong buyer power and a moderate supplier power. The RCA calculated for the Chinese wine trade indicates that the share of exported bottled wine has become significant in the analyzed period. However, the RCA was perceivable just for bottled wines and only in the last analyzed period (2013–2019), whereas RTA and RC were negative for all periods revealing a comparative disadvantage. However, current market trends suggest that they will increase in the future. Research limitations/implications Data accuracy may affect these results because wine statistics may contain mislabeling. Moreover, China expanded its investments in many well-known wine regions all over the world, especially in Bordeaux, France. These, along with the significant re-export, could make it harder to interpret wine trade data because some part of the export is related to Chinese wineries outside of China. Practical implications Knowing the above-mentioned limitations, results should be interpreted with caution. However, high-quality wines can be identified as a niche market in China. Originality/value The study provided a detailed analysis of the Chinese wine industry and its competitiveness.

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What can we learn from the analysis of the fine wines market efficiency?

2022

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This study analyzes the efficiency hypothesis for three major wine indices using different parametric and non‐parametric tests for the short and long‐term horizons. Based on monthly data over the period 2003–2019, our analysis identifies two main findings. First, in the short term, there is market inefficiency allowing for investment and diversification opportunities and a need for greater market transparency. Second, the spread between wine markets and financial markets can disappear in the long term, that is, there is a long‐run relationship that is relatively compatible with efficiency, except for the Bordeaux Legends 50 index. This implies greater efficiency and therefore better information and fewer investment and diversification opportunities.

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The Chinese Wine Industry

Cited by 10 publications

References 1 publication

Characterization of the Key Aroma Compounds in Marselan Wine by Gas Chromatography-Olfactometry, Quantitative Measurements, Aroma Recombination, and Omission Tests

Characterization of the Key Aroma Compounds in Marselan Wine by Gas Chromatography-Olfactometry, Quantitative Measurements, Aroma Recombination, and Omission Tests

The development of the Chinese wine industry and trade

What can we learn from the analysis of the fine wines market efficiency?

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