California Grapes International, Inc (CAGR)

[Bretwalda]

"Wine Industry in China"

http://www.business-in-asia.com/china/china_wine.html

"But the important factor is that China’s current wine consumption is still low and has much space to grow as people become more prosperous. If China's per capita wine consumption was to only increase slightly because of the scale of the population it could easily shift the center of gravity of the world's wine industry. Many wine drinkers in China seem to have this goal in mind. Recently moving up to the ninth slot, up from tenth, as the largest wine-consuming nation on The International Wine and Spirit Record (The IWSR) study, China is definitely one of the fastest-growing wine markets in the world. The nation is expected to move to seventh place by 2012 with a total consumption of 103.5 million nine-litre cases per year. This figure suggests a staggering increase of 36 per cent in wine consumption between 2009 and 2012, and will see China top the one-billion-bottle mark shortly."

"Wine consumption is increasing. China already has many producers but there still seems to be considerable room for new projects. Wine growing and producing areas such as Oregon, California, Chile, Argentina, Australia and New Zealand should really take note of both the growing market for fine wines and also the opportunities for establishing new vineyards and wine making facilities in this dynamic and growing market."


We'll see if CAGR is going to benefit from this growing market in China. The article is not all pro, there some caveats for companies like CAGR if ya read behind the lines IMO.