TY - JOUR
T1 - Asia's emergence in global beverage markets
T2 - The rise of wine
AU - Anderson, Kym
N1 - Publisher Copyright:
© 2020 World Scientific Publishing Company.
PY - 2020/6/1
Y1 - 2020/6/1
N2 - Asia's alcohol consumption and its retail expenditure on each of beer, distilled spirits and grape wine have more than doubled so far this century. In the process, the mix of beverages in Asia's consumption of alcohol has been converging on that of the west as wine's share rises. Since Asia's beverage production has not kept up with its expansion in demand, imports net of exports are increasingly filling the gap-especially for wine. This paper analyzes trends in consumption and imports for the region and for key Asian countries, and provides projections to 2025 using a new model of global beverage markets.
AB - Asia's alcohol consumption and its retail expenditure on each of beer, distilled spirits and grape wine have more than doubled so far this century. In the process, the mix of beverages in Asia's consumption of alcohol has been converging on that of the west as wine's share rises. Since Asia's beverage production has not kept up with its expansion in demand, imports net of exports are increasingly filling the gap-especially for wine. This paper analyzes trends in consumption and imports for the region and for key Asian countries, and provides projections to 2025 using a new model of global beverage markets.
KW - Changes in beverage tastes
KW - beverage market projections
KW - impacts of tax and trade policies
KW - premiumization of alcohol consumption
UR - http://www.scopus.com/inward/record.url?scp=85093953473&partnerID=8YFLogxK
U2 - 10.1142/S0217590820500162
DO - 10.1142/S0217590820500162
M3 - Article
SN - 0217-5908
VL - 65
SP - 755
EP - 779
JO - Singapore Economic Review
JF - Singapore Economic Review
IS - 4
ER -