openPR Logo
Press release

Sparkling Wine Market to Garner $ 55.80 Bn by 2028 | 4.3 % CAGR – Impact of COVID-19 Pandemic and Global Analysis by The Insight Partners

11-15-2021 03:54 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The Insight Partners

The sparkling wine market was valued at US$ 41.64 Bn in 2021 and is projected to reach US$ 55.80 Bn by 2028; it is expected to grow at a CAGR of 4.3% from 2021 to 2028.

Sparkling Wine Market 2020-2028 Global Industry research report explores analysis of historical data along with size, share, growth, demand and revenue of the global Sparkling Wine and estimates the future trend of market on the basis of this detailed study. The study shares market performance both in terms of volume and revenue and this factor which is useful & helpful to the business.

Get Exclusive Sample Pages of Sparkling Wine Market at

Rapid socioeconomic changes and fast-paced urbanization are bolstering the demand for sparkling wine. With continuous rise in living standards and buying power, customers desire to purchase high-quality, luxurious items. Moreover, their food habits and meal preferences changes with these changes in lifestyle. Thus, the demand for sparkling wine in parties, marriages, and social gatherings is on rise. With the growing preference for drinks with low alcohol content, the popularity of this wine is increasing among millennials, teenagers, and working populations. Furthermore, increasing social media and the Internet has significant impact on all generations, as well as an increase in social events, are increasing the consumption of sparkling wine globally, primarily in developed nations such as the US, Canada, Mexico, Germany, France, Italy, among others.

Europe is a significant market for the sparkling wine industry. The growth of the sparkling wine market in the Europe region is mainly attributed due to the popularity of sparkling wine amongst the consumers, coupled with the tradition of opening a bottle of Champagne or other sparkling wine during festivities and celebrations. The European sparkling wine market consists of several prominent as well as small distillers, engaged in producing different varieties of sparkling wines. The region accounts for a significant share of the global production of sparkling wines. Moreover, with growing demand for sparkling wines in the region, the market is expected to grow at a considerable pace in the next few years.

Impact of COVID-19 Pandemic on Sparkling Wine Market

Sparkling winemakers have been significantly affected by the scarce availability of workers during the COVID-19 pandemic, which hampered their production capacity. In addition, the shutdown of wholesale markets has compelled manufacturers to rely primarily on supermarkets and e-commerce dealers to sell their sparkling wine products. Despite the pandemic, there has been a rise in the sales of rose and sparkling wine.

Download the Latest COVID-19 Analysis on Sparkling Wine Market Growth Research Report at

Scope of the study:

The research on the Sparkling Wine market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor's methodologies. The research also segments the Sparkling Wine market on the basis of end user, product type, application, and demography for the forecast period 2020-2028. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.

This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the Sparkling Wine market.

Interested in purchasing this Report? Click here @

Key points from Table of Content:

Key Takeaways
Research Methodology
Sparkling Wine Market Landscape
Global Sparkling Wine Market - Key Industry Dynamics
Sparkling Wine - Global Market Analysis
Global Sparkling Wine Market Analysis - By Material
Global Sparkling Wine Market Analysis - By PackaSparkling Wineg Type
Global Sparkling Wine Market Analysis - by Application
Sparkling Wine Market - Geographic Analysis
Industry Landscape
Company Profiles

Thanks for reading this article; you can also customize this report to get select chapters or region-wise coverage with regions such as Asia, North America, and Europe.

Contact Us:
The Insight partners,
Phone: +1-646-491-9876

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our wide range of research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

This release was published on openPR.

Permanent link to this press release:

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 Sparkling Wine Market to Garner $ 55.80 Bn by 2028 | 4.3 % CAGR – Impact of COVID-19 Pandemic and Global Analysis by The Insight Partners here

News-ID: 2462770 • Views: 231

More Releases from The Insight Partners

Camel Milk Products Market Global Opportunities, CAGR Status, Company Profiles, …
According to a new market research report "Camel Milk Products Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product Type (Milk, Milk Powder, Yogurt, Ice Cream, Others); Distribution Channel (Supermarket and Hypermarket, Specialty Store, Online) and Geography" published by TheInsightPartners, Camel milk is type of milk which is highly popular for its nutrients like vitamin C, lactoferrin and other antioxidants. This milk is highly beneficial for the
Impact Of Covid-19 on Military Lighting Market 2021 Industry Challenges, Busines …
The latest Military Lighting market study offers an all-inclusive analysis of the major strategies, corporate models, and market shares of the most noticeable players in this market. The study offers a thorough analysis of the key persuading factors, market figures in terms of revenues, segmental data, regional data, and country-wise data. This study can be described as most wide-ranging documentation that comprises all the aspects of the evolving Military Lighting
Power Management IC Market worth US$ 55,042.7 million by 2028 - Exclusive Resear …
Surge in Demand for High Degree Automation to Provide Growth Opportunities for Power Management IC Market During 2021–2028 According to our latest market study on “Power Management IC Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Product Type, End Use, and Geography,” the market is expected to grow from US$ 37,772.1 million in 2021 and is projected to reach US$ 55,042.7 million by 2028; it is estimated to grow at a CAGR of
Organic Baking Ingredients Market Dynamics, Comprehensive Analysis, Business Gro …
Organic baking ingredients are used for the production of baked goods that do not contain preservatives, synthetic colors, or genetically modified ingredients. Organic baking ingredients have properties that promote health and increase the nutritional value of baked goods. The global organic baking ingredients market is witnessing a notable growth rate and is expected to continue to do during the forecast period. Get Sample Copy of this Report at – The growth

All 5 Releases

More Releases for Sparkling

Strategic overview of Global Sparkling Water Market 2017
Qyresearchreports include new market research report "Global Sparkling Water Market Professional Survey Report 2017" to its huge collection of research reports. The research study detailed in the report on the global Sparkling Water market presents an extensive databank of information that covers all aspects related to the market. Some of these aspects are directly related to the market’s functions. Considering the economic and legal governing factors, the Sparkling Water market is
Sparkling Wine Market: Evolving Technology, Trends and Industry Analysis
Sparkling Wine Market Introduction Sparkling Wine contains a significant amount of carbon dioxide which gives a bubbly effervescence to it. Sparkling Wine is produced by the double fermentation process due to which the carbon dioxide gas is formed. The first fermentation process usually takes place in the steel tanks, and the second fermentation takes place in the bottle. One of the best known sparkling wine is the Champagne, which is particularly
Sparkling Bottled Water Market Shares, Strategies and Opportunities 2024
The Global Market For Sparkling Bottled Water is projected to witness a progressive growth in the next few years, thanks to the introduction of innovative and new flavors. The expansion of the distribution networks and channels and the emergence of the zero-calorie variant are estimated to fuel the growth of the global market in the coming years. According to the research report, this market is likely to register a healthy
Sparkling Wine Global Market Intelligence (2012-2022)
Boston, MA ReportsWorldwide has announced the addition of a new report title Sparkling Wine Global Market Intelligence (2012-2022) to its growing collection of premium market research reports. The report “Sparkling Wine Global Market Intelligence (2012-2022)” provides market intelligence on the different market segments, based on type, application, and geography. Market size and forecast (2011-2020) has been provided in the report. The primary objectives of this report are to provide 1. comprehensive
Gancia sparkling wines receive Oscars in Italy
27 July, 2017, Canelli, Italy — Casa Gancia, producer of the first Italian sparkling wine, announces the winning of multiple awards at the prestigious Italian wine competition Douja D’Or. Gancia has won two Oscars for Gancia Alta Langa Docg Riserva Cuvée 60 Mesi 2009 and Gancia Alta Langa DOCG Cuvée 36 Mesi 2011. The exquisite taste and quality of Gancia wines were recognised by a judging panel consisting of members
Sparkling Wine: Global Market Intelligence
ReportsWorldwide has announced the addition of a new report title Sparkling Wine: Global Market Intelligence to its growing collection of premium market research reports. The report “Sparkling Wine: Global Market Intelligence” provides market intelligence on the different market segments, based on type, application, and geography. Market size and forecast (2011-2020) has been provided in the report. The primary objectives of this report are to provide 1) comprehensive global market intelligence through detailed segmentation, 2)