openPR Logo
Press release

Champagne Market Business Opportunities For New Entrants Says Laurent Perrier, Centre Vinicole - Champagne Nicolas Feuillatte, Louis Vuitton SE, Taittinger

05-12-2023 01:47 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied Market Research (AMR)

/ PR Agency: Allied Market Research


A new report published by Allied Market Research, titled, "Champagne Market by Price Point, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2019-2026," the global champagne market size was valued at $5.8 billion in 2018, and is anticipated to reach $7.4 billion by 2026, with a CAGR of 3.2% during the forecast period. The market is expected to exhibit an incremental revenue opportunity of $1.6 billion from 2018 to 2026.

Grab PDF Before its Gone:

Non-vintage Brut is the most popular champagne preferred by consumers, due to its aroma, taste, quality and reasonable pricing. Champagne serves as an ideal choice of celebration drink for sports events, weddings, corporate events, anniversaries, and other joyous occasions. Owing to increase in disposable income, consumers from upper middle class and middle-income group have inclined toward the consumption of champagne as it is considered as a status symbol.

Top 15 Players:

Laurent Perrier, Centre Vinicole - Champagne Nicolas Feuillatte, Louis Vuitton SE, Taittinger, Pernod Ricard, LANSON-BCC, Thiénot Bordeaux-Champagnes, Piper-Heidsieck, Pommery, and Veuve Clicquot Ponsardin.

The growth of the champagne market is propelled by upsurge in demand for luxury alcoholic beverages of fine quality. In addition, use of champagne as an ingredient in wide range of cuisines is expected to drive the champagne market growth in the near future. Moreover, manufacturers are increasingly investing in R&D to provide innovative flavors of champagne to gain competitive advantage over other players in the market.

The champagne market is segmented into price point, distribution channel, and region. By price point, the market is categorized into economy, mid-range, and luxury. Economy category of champagne in terms of price point has been the most preferred choice of champagne among the consumers, due to the combination of quality and reasonable pricing. The economy segment accounted for more than half of the market share in the global champagne market in 2018, and the trend is likely to be followed in the near future. However, the luxury segment is projected to grow at a significant rate in the near future, owing to increase in aspiration of consumers toward experiential luxury.

Interested to Procure the Data? Inquire here at:

On the basis of distribution channel, the market is categorized into supermarket/hypermarket, specialty stores, on trade, and others. The supermarket/hypermarket segment led the market in terms of share, and is expected to grow at a significant growth rate during the forecast period owing to the expansion of the organized retail in the developing countries. The on trade segment is anticipated to grow at the highest rate during the champagne market forecast period. This is attributed to upsurge in number of luxury hotels, bars, & restaurants and increase in number of consumers seeking for attractive ambience and exclusivity.

Region wise, the champagne industry is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Belgium, and rest of Europe), Asia-Pacific (China, Japan, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (the Middle East, Latin America, and Africa). Europe led the market for champagne globally, due to high per capita consumption of champagne in majority of the countries in Europe, including France, Germany, Italy, and the UK. France accounted for around half of the global consumption of champagne in 2018. This is attributed to the fact that champagne is produced in the Champagne region of France, and is shipped to other regions in the country and exported globally. Moreover, consumers in Europe are attracted by new flavors of champagnes, which has further propelled the growth of the market. However, Asia-Pacific is expected to witness the highest CAGR, owing to rise in average spending of middle income & upper middle income population on luxury goods owing to increase in disposable income in the region.

Speak to Our Analyst:

Key findings of the study

>By price point, the economy segment is projected to witness the fastest growth, registering significant CAGR of 3.3% during the forecast period and is estimated to reach $ 5.0 billion by 2026.

>In 2018, by distribution channel, the supermarket/hypermarket segment held the highest share, accounting for one-third of the global champagne market share.

>In 2018, France was the most prominent market in the Europe region and accounted for around half of the global champagne market.

Browse Related Reports:

Sugar Free Carbonated Drinks :

Donkey Milk :

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
Allied Market Research Blog:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions". AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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 Champagne Market Business Opportunities For New Entrants Says Laurent Perrier, Centre Vinicole - Champagne Nicolas Feuillatte, Louis Vuitton SE, Taittinger here

News-ID: 3051928 • Views: 247

More Releases from Allied Market Research (AMR)

Manufacturing Analytics Market to Reach USD 28.44 Billion at a CAGR of 16.5% | Growth Drivers, Trends and Future Scenarios
Manufacturing Analytics Market to Reach USD 28.44 Billion at a CAGR of 16.5% | G …
Rise in investments in big data for manufacturing, surge in industrial IoT (IIoT) adoption, and increase in need for process optimization drive the growth of the global manufacturing analytics market. However, scarcity of skilled professionals and lack of integration with legacy systems hinder market growth. On the other hand, usage of advanced technologies including AR and VR creates new opportunities in the market. According to the report,
Virtual Training and Simulation Market to Generate USD 601.85 Billion by 2027 | Trends and Growth, Segmentation and Key Companies
Virtual Training and Simulation Market to Generate USD 601.85 Billion by 2027 | …
According to the report, the global virtual training and simulation industry generated $204.41 billion in 2019, and is estimated to reach $601.85 billion by 2027, registering a CAGR of 13.7% from 2020 to 2027. Increase in awareness about virtual training and simulation, cost-effective benefits of virtual training and simulation solutions, and rise in defense, healthcare, and education expenditure drive the growth of the global virtual training and simulation market. However,
Over-the-top Market to Generate USD 1,039 Billion by 2027 | Innovation and Product Optimization to Boost Growth
Over-the-top Market to Generate USD 1,039 Billion by 2027 | Innovation and Produ …
According to the report published by Allied Market Research, the global over-the-top market was pegged at $121.61 billion in 2019, and is anticipated to reach $1,039.03 billion by 2027, registering a CAGR of 29.4% from 2020 to 2027. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and varying market trends. ☛ Request Sample Report at: 
AquaLux Express: The Inboard Cruiser Experience
AquaLux Express: The Inboard Cruiser Experience
Inboard express cruiser are the types of boats with inboard engines. Express cruisers are usually in the 30-50-foot range but they can be longer or even smaller. They are speedy and cruise at 25-30 knots or more. They are usually powered by twin diesel engines and pod drives. However, smaller express cruisers may be powered by stern drives with an inboard engine at the stern. With technological advancements express cruiser

All 5 Releases

More Releases for Champagne

Champagne Market Maximum Business growth with custom research 2021 | Pernod Rica …
Champagne is a sparkling wine from France. Champagne is a generic name for all sparkling wines, although it is prohibited to label any drink other than champagne if it was created in the Champagne area of France and belongs to the same appellation as the original within the EU and some other countries. In the remainder of the EU, however, using the title "Cabernet" if the wine does not come
Champagne Market Share and SWOT Analysis: Champagne Piper-Heidsieck, LANSON-BCC, …
According to a new market research report "Champagne Market 2028 By Type, Distribution Channel and Geography | The Insight Partners" Champagne Market 2021-2028 Global Industry research report explores analysis of historical data along with size, share, growth, demand and revenue of the global Champagne 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
CBD Infused Edible Market Report 2021: Analysis of Rising Business Opportunities …
Champagne is a French beverage made from grapes harvested in the Champagne region. The grapes used are specific, including pinot noir, pinot meuniere, and chardonnay. These grapes are fermented to produce wine with an alcohol content of about 9% by volume. Champagne, often known as sparkling wine, is strictly regulated by France's Comité Champagne. Champagne has been consumed as a celebratory drink at sporting events, anniversaries, celebrations, weddings, joyous occasions,
Champagne Market Industry 2021- 2026| Growth Status and Novel trends| Top Champa …
Champagne is a French sparkling wine. The term Champagne can be used as a generic term for sparkling wine, but in the EU and some countries it is illegal to label any product Champagne unless it came from the Champagne wine region of France and is produced under the rules of the appellation. The Champagne Market information introduced inside this report is acquired dependent on a few strategies, for example, PESTLE,
Champagne Market Size 2019-2027 Industry Key Insights, Business Scope, and Manuf …
Champagne is a type of sparkling wine. Only those sparkling wines which are produced from grapes grown in the Champagne region of France are called Champagne. The grapes used for producing Champagne are Pinot Noir, Pinot Meunier, and Chardonnay. Methode Champenoise is the traditional process by which Champagne is produced which includes fermentation of grapes and other steps. Download PDF Brochure With Latest Advancements and Application @ MARKET DYNAMICS Increasing brand
Global Champagne Market
Champagne is a variety of sparkling (or carbonated) wine produced in the Champagne region of France. Champagne is typically produced from a few specific varieties of grapes, including Pinot noir, Chardonnay and Pinot Meunier. Although these grapes are not all white, champagne is typically a white wine due to extraction methods that minimize contact between the juice and skin. Reports Details: Scope of the Report: This report focuses on the Champagne in