Report at 10 o'clock | Fenyang City held a "double billion and double billion" project scheduling meeting; the 7th Fenjiu Apricot Blossom Festival opened on March 28; Taiwanese whiskey manufacturers launched new products in the United States

Published Mar 31, 2024

Tridge summary

The article provides a comprehensive overview of the liquor and wine industry's developments in China and globally, highlighting the release of the '2023 China Whiskey Industry Development Research Report' which shows a vibrant market with a size of 5.5 billion and 26 distilleries. It discusses regional initiatives to boost production and innovation, such as expanding sorghum cultivation in Changgang Town and the growth of Luliang's wine industry. The article also covers cultural and technological advancements, including the use of AI by a Belgian team to improve beer taste and the introduction of new products like Kavalan's Triple Sherry Cask Finish whiskey in the U.S. Additionally, it touches on efforts to combat counterfeit beverages in Yantai City and the expected growth in the Indian beverage alcohol market, showcasing a dynamic and evolving global industry landscape.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

China Whiskey Annual Report: The market size is 5.5 billion, the planned production capacity has reached 250,000 tons, and 26 distilleries have been put into production. On March 26, the 2024 Annual Meeting of the Whiskey Professional Committee of the China Alcoholic Drinks Association was held in Qiandao Lake, Hangzhou. As the highlight of the entire meeting, the Whiskey Professional Committee of the China Alcoholic Drinks Association released the "2023 China Whiskey Industry Development Research Report", announcing It collected a number of whiskey-related data in 2023, and made a detailed analysis of the current development status and difficulties of domestic whiskey. 02 Cassava alcohol prices fell this week, while corn alcohol prices were stable Information from the China Alcohol Industry Public Account: This week (Thursday, March 28, 2024), the national average price of ordinary-grade edible alcohol of cassava raw materials dropped by 50 yuan/ton compared with last week. The ...

Source: Foodmate