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"Following the financial crisis in 2008, the shipping market entered a long period of downturn and as a result, many loss-making firms went bankrupt,"said Huang.

"For Chinese wine consumers, imported wine has become more approachable and is increasingly consumed by middle-class drinkers and seen as suitable for consumption at more informal gatherings," he said. "Wine flavor has been increasing in its importance as a driver of choice and Chinese consumers are seeking wines that they enjoy consuming."

"Having powerful, meaningful brands is incredibly important. I think the future of companies like ours is going to be linked to our ability to continue to have brands that are meaningful to consumers and connect with them emotionally," Speichert concluded.

"Going forward, as has been the case for more than three decades in Japan and for a decade in the European Union and now in the US, generating growth through monetary policy is over," Manish Shah, chief investment officer at Tollbooth Strategy, told China Daily.

"Following the outbreaks, transporting live pigs across different provinces has been banned in many places, resulting in many producers wishing they had had time to adapt to this."