According to BMI Global Champagne Market Size, Forecast-2022, Analysis & Share Surpass US$ 7.0 Bn By 2030, At 5.0% CAGR

The Champagne market crossed US$ 7.0 billion mark in 2022 and is expected to hit US$ 10.3 billion by 2030, recording a CAGR of 5.0% during the forecast period.

Champagne is defined as a sparkling wine originated and manufactured in the Champagne region of France. It is prepared by blending and processing a variety of grapes namely, pinot meunier, pinot noir and chardonnay. The utilization of champagne in cocktails and cuisines has increased, due to shifting consumer preferences over the past few decades. Moreover, non-vintage champagnes are preferred by consumers due to its superior quality and optimum prices. The increasing disposable income along with rising consumer preferences for luxury and exclusive alcoholic beverages is anticipated to fuel the champagne market growth.

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Companies profiled
• Laurent Perrier
• Centre Vinicole - Champagne Nicolas Feuillatte
• Louis Vuitton SE
• Taittinger
• Pernod Ricard

This research report provides insights into the "Champagne Market." This report summarizes the results of the assessment carried out by Business Market Insights in the field of the Benefits Management Platform for the global perspective. The report provides an analysis of the Benefits Champagne Market by deployment, application, and geography.

Upsurge in online sales of champagne post pandemic
During the outbreak of COVID-19, the online channels were the one stop solutions for purchasing of champagne. The consumers earned additional benefit of discount offers and convenient shopping experience along with a variety of bottle sizes and price ranges. The major market players in the champagne market heftily invested in artificial intelligence integration. It was aimed to offer improved display and feasibility in purchasing experience to consumers, thus allowing consumers to better understand their champane preferences and offer product variations. As a result, online sales channel is projected to contribute positively to the champagne market.

Scope of the report:
In this report, the market has been segmented on the basis of:
Type:
• Red
• White
• Rose

Distribution Channel:
• Supermarkets and Hypermarkets
• Specialty Stores
• Online Retail
• Others

Region
• North America
• Europe
• Asia Pacific (APAC)
• South & Central America
• Middle East & Africa

Target audience for the report:
• Raw material providers
• Beverage manufacturers
• Champagne manufacturers
• Champagne-related associations, organizations, forums, and alliances
• Government bodies, such as regulating authorities and policy makers
• Venture capitalists, private equity firms, and start-up companies
• Research institutes, organizations, and consulting companies

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Recent strategic developments in champagne market
The champagne market has undergone several significant developments, and a few of these have been mentioned below:
• In November 2021, Moet Hennessy launched online store for access and supply of its extensive portfolio of champagne and wines.
• In February 2021, LVMH acquired 50% ownership stake in Armand de Brignac, also known as "Ace of Spades". The acquisition would strengthen the global distribution network and portfolio of Armand de Brignac.

The report provides the current market size for the Champagne Market, defines trends, and presents growth forecasts for nine years from 2022 to 2030. 2022 is considered as the base year, and 2022 to 2030 is the forecast year for the entire report. All the market numbers for revenue are provided in US dollars. The market is analyzed by the supply side, considering the market penetration of Benefits Management Platform for all the regions globally.

This research report on the "Champagne Market" provides a holistic view of the global market size across major regions. The report further elucidates the key driving factors, restraints, growth opportunities, and future trends about the market growth. The market is segmented into deployment, application, and geography.
Market Drivers
Market Restraints
Future Trends
Market Opportunities

Champagne Market Research Report Scenario includes:
The report provides qualitative and quantitative trends of the global Champagne Market.
The report provides qualitative and quantitative trends of the global Champagne Market segmented by deployment, component, solution, application, and geography.
The report starts with the key takeaways, highlighting the key trends and outlook of the global Champagne Market.

Chapter 3 provides the research methodology of the study.

Chapter 4 provides a brief overview of the Benefits Champagne Market landscape. It further provides the segmentation of the market with PEST analysis on global scenarios along with ecosystem analysis and expert opinions.

Chapter 5 highlights the Benefits Champagne Market trends and outlook and the prevailing factors that are driving the market, as well as are deterrents to market growth, along with their impact analysis.

Chapter 6 discusses the market revenue and forecast, in the global Champagne Market.

Chapter 7, 8, and 9 discuss the market segmented by deployment, application, and geography across the regions.

Chapter 10 provides the impact of COVID 19 across the regions and respective countries.

Chapter 11 provides the industry landscape and highlights the major market events, as well as major market vendors in the ecosystem.

Chapter 12 provides the detailed profiles of the key companies operating within the Benefits Champagne Market. The companies have been profiled based on their key facts, business descriptions, financial overview, SWOT analysis, and key developments.

Chapter 13, i.e., the appendix is inclusive of a brief overview of the company, glossary of terms, contact information, and the disclaimer section.

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The report also covers a detailed chapter of the analysis on COVID-19 impact on this market at the global and regional level in our final reports.

This research provides detailed information regarding the major factors influencing the growth of the Champagne Market at the Regional Level (drivers, restraints, opportunities, and challenges), forecast of the market size, in terms of value, market share by region and segment; regional market positions; segment and country opportunities for growth; New product developments, strengths, and weaknesses, brand portfolio; Marketing and distribution strategies; challenges and threats from current competition and prospects; Key company profiles, SWOT, product portfolio and growth strategies.

Primary Research:
"Business Market Insights" conducts hundreds of primary interviews a year with industry participants and commentators to validate its data and analysis. A typical research interview fulfills the following functions:
Provides First-Hand Information on the Market Size, Market Trends, Growth Trends, Competitive Landscape, and Future Outlook
Validates and Strengthens Secondary Research Findings
Further Develops the Analysis Team's Expertise and Market Understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
Industry Participants: VPs, Business Development Managers, Market Intelligence Managers and National Sales Managers
Outside Experts: Valuation Experts, Research Analysts and Key Opinion Leaders Specializing in the Industry

Contact Us:
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Phone: +442081254005
E-Mail ID: sales@businessmarketinsights.com
Web URL: https://www.businessmarketinsights.com/
Blog URL: https://bmiinsights.blogspot.com/

About Us:
Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.

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