Press release
Growth of Global Sparkling Wine Market Report 2017 to Exceed US$ 44 Bn By 2022-End
Fact.MR
Request For Sample Report @ https://www.factmr.com/connectus/sample?flag=S&rep_id=174
Rapid growth in emerging economies has culminated in a rise in per-capita disposable income and changing customer tastes and preferences. However, people have become well-aware of the ills of excessive alcohol consumption in ‘binge-drinking’ fests. Therefore, they are seeking out beverages with a lower alcohol content and the sparkling wine market is perfectly placed to reap the benefits of this shift in consumption pattern. Sparkling wine is equally desired by both the millennial generation, the geriatric population, and every demographic sandwiched between these two extremes. In addition, companies involved in the sparkling wine market are experimenting with newer packaging technologies such as bag-in-box and can designs to improve usability and enhance the aesthetic appeal of sparkling wine.
The sparkling wine market is likely to be worth more than US$ 43 billion by the end of the forecast period – registering a modest CAGR of 2.5%.
Focus on Modern Trade Segment in the Sparkling Wine Market
The modern trade segment represents a revenue share of more than a third in the sparkling wine market by sales channel segment in 2017 and companies are advised to target this distribution channel with a laser-like focus. A market opportunity of more than US$ 5.6 billion in 2022 makes Europe particularly appealing in the modern trade segment of the sparkling wine market. The grocery store segment is much smaller in comparison but it can hardly be overlooked entirely in the sparkling wine market. Even though Europe is projected to retain its commanding share in the grocery store segment, Latin America is on track to witness the highest CAGR and may be looked at as a strong alternative option.
Future Lies in E-Commerce in the Sparkling Wine Market
The e-commerce channel is currently only a fifth of the revenue share in the sparkling wine market but will become increasingly important in the days ahead. As Internet connectivity improves in emerging markets and millions of people come online for the first time, they are likely to demand the convenience of ‘anywhere, anytime’ shopping that can only be provided by e-commerce portals. Along with Europe, companies may wish to target the APEJ e-commerce sales channel as the region is predicted to push past US$ 2.5 billion by the end of the forecast period.
Browse Full Report with TOC @https://www.factmr.com/report/174/sparkling-wine-market
Similar opportunity in Light-Bodied and Medium Bodied Segment
The revenue share of both the light bodied and medium bodied segment is approx. 40% in the sparkling wine market. However, the light bodied segment is forecast to grow with a higher CAGR of 2.9% for the period from 2017 – 2022, making it potentially more attractive in the longer term.
Competition Tracking
A few of the prominent companies actively involved in the sparkling wine market have been profiled in the Fact.MR report. These are E&J Gallo Winery, Constellation Brands, Pernod Ricard SA, Bronco Wine Company, Treasury Wine Estates, Accolade Wines Australia Limited, The Wine Group LLC, Casella Family Brands, Viña Concha y Toro SA, and Caviro.
Check Discount @ https://www.factmr.com/connectus/sample?flag=D&rep_id=174
About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Food & Beverages Market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
Contact Us
Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Growth of Global Sparkling Wine Market Report 2017 to Exceed US$ 44 Bn By 2022-End here
News-ID: 1042237 • Views: …
More Releases from Fact.MR
Agricultural Film Market is forecasted to reach US$ 21 billion with 5.9% CAGR by …
Fact.MR, a market research and competitive intelligence service, states that historically, the use of Agricultural Films grew at a 3.5% CAGR from 2016 to 2020, with the United States, China, India, and Japan holding a sizable portion of the global market. by 2021, the greenhouse film industry is expected to have grown to a valuation of over US$ 10 billion, largely due to price increases in agricultural films.
For More Insights…
Medical Equipment Rental Market is projected to expand at a CAGR of 5.5% to reac …
The latest industry analysis from Fact.MR, a company that offers competitive intelligence and market research, projects that the global Medical Equipment Rental Market will grow at a 5.5% CAGR and reach US$ 98 billion in size by the end of 2033.
The industry that deals with the short-term rental or lease of medical equipment to healthcare facilities, organizations, and individuals is known as the "medical equipment rental market." The goal of…
Craft Beer Market is forecasted to reach a value of US$ 174.68 Billion by 2032
The worldwide craft beer market was expected to be worth $76.3 billion in 2020 and $81.64 billion in 2021. The market will grow at a steady CAGR of 6.9% between 2022 and 2032. By the end of 2032, this market is predicted to have a global valuation of US$174.68 billion.
The surge in demand for more beer styles coupled with increase in per capita income among the target customers has triggered…
Window Blinds Market Forecasted to Achieve US$ 4.69 Billion by 2034
The global window blinds market is expected to reach $2.99 billion in 2024, growing at a 5.8% CAGR to $4.69 billion by the end of 2034.
Window blinds are adjustable window coverings made of slats or vanes, allowing for versatile control over light and privacy. They come in various materials, including wood, metal, or plastic, and can be easily adjusted to regulate sunlight and maintain privacy. Unlike heavy curtains, blinds are…
More Releases for Wine
Enotourism Market Is Expected to Boom | Great Oregon Wine Tour; Bulgaria Wine To …
This report studies the Enotourism market with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers. Find the complete Enotourism market analysis segmented by companies, region, type and applications in the report.
New vendors in the market are facing tough competition from established international vendors as they…
Global Rice Wine Market 2020-2028: Trend, Status Growth, Opportunity, Key Player …
Rice Wine is made by yeast-induced fermentation of glutinous rice starch that has been converted to sugars. It is an alcoholic beverage fermented and concentrated from rice. Rice wine is a clear wine prepared from fermented rice and is famous for its strong, unique taste. Its variants are rapidly gaining popularity in the wine markets around the world.
Rice Wine Market is anticipated to grow at a CAGR of +3% during…
Wine Logistics Market Report 2018: Segmentation by Product (Transportation, Ware …
Global Wine Logistics market research report provides company profile for Kerry Logistics, Wine Logistics International, DB Schenker, Mainfreight, Hellmann Worldwide Logistics, JF Hillebrand Group and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The…
Wine Auction News - Langton Wine Auctions Sydney -Wine-Stocks 2017-09-20
Recommended investment wines were grounded on, wine trading day at Langtons Wine Auction, Sydney with mixed results
The auction room at Langtons Wine Auction was carefully prepared, the bidders flooded into the auction room, after the wine tasting was finished. There were more then 500 lots offered and the wine auction closed with some remarkably results.
The largest share of the complete range at the wine trading day, got wine bottles from…
Global Fruit Wine Market market share and growth rate 2017 Fermented Fruit Wine, …
In this report, the global Fruit Wine market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Fruit Wine in these regions, from 2012 to 2022 (forecast), covering
North…
Global Rice Wine Market 2017 - Kuaijishan Shaoxing Rice Wine, Zhejiang Shanhao W …
Global Rice Wine Market 2017, presents a professional and in-depth study on the current state of the Rice Wine market globally, providing basic overview of Rice Wine market including definitions, classifications, applications and industry chain structure, Rice Wine Market report provides development policies and plans are discussed as well as manufacturing processes and cost structures. Rice Wine market size, share and end users are analyzed as well as segment markets…
