Date: April 24-27, 2018
Cycle: Two years
Location: Singapore
Description
ProWineASIA of the Asia (Singapore) International Wine and Spirits Show 2018 was held in Singapore from April 24th to April 27th, 1818. The ProWein International Wine Exhibition organized by Düsseldorf Exhibition Group is the world’s top wine and One of the spirits fairs played an important role in the wine trade industry. Until 2016, it has been held every two years and it has been successfully held 16 sessions. ProWineAsia was held annually in Hong Kong and Singapore.
Market analysis
As coffee sales increase in Asia, more and more people are pursuing the perfect brewing and appreciation process. Coffee culture is gradually turning the coffee industry into a handicraft industry, focusing on quality and raw material sources. It is estimated that the annual growth rate of the global coffee market will reach 4.7% between 2015 and 2019. In February 2015, Singapore’s coffee, tea, cocoa and spices imports increased from S$12,863 million to S$130.78 million. The annual consumption of coffee is 500 billion cups, worth 100 billion US dollars, and South-East Asia will consume 28 million to 30 million packs of coffee, and by 2020 it will account for 50% of the total coffee consumption in the world. In addition, there are various publicity and promotion activities, with the media driving more than S$3 million in total sales.
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