Wine & Spirits

The wine and spirits market in Asia is rapidly growing, fueled by rising incomes, urbanisation, and Western cultural influences. The Asia-Pacific market is projected to achieve a 5.5% CAGR from 2021 to 2028.

Emerging trends in the Asian wine and spirits sector include:

  • Growing popularity of wine: Wine is becoming increasingly popular in Asia, especially among young and affluent consumers.
  • Rise of premium spirits: Premium spirits, such as whiskey and vodka, are also becoming increasingly popular in Asia.
  • Growing demand for imported alcoholic beverages: Consumers in Asia are increasingly demanding imported alcoholic beverages, as they are seen as being of higher quality than local alcoholic beverages.
  • Increasing importance of e-commerce: E-commerce is becoming increasingly important for the wine and spirits industry in Asia. Consumers are increasingly buying wine and spirits online, as it is a convenient and efficient way to purchase these products.

Asia’s expanding consumer base is driving the industry’s growth, making it a pivotal player in the region’s economy.

ProWine Singapore is collocated at FHA-Food & Beverage, enhancing the prominence of wine and spirits in the APAC region. For more information about ProWine Singapore, click here to find out more.

Organising Office and Principal Sales Office in Asia:

Jorinda Tan
[email protected]

Principal Sales Office in EMEA and Americas:

Simone Tanda
[email protected]

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