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Champagne Market Growth Probability, Leading Vendors and Future Scenario By 2024-2031/ Accolade Wines, Andrew Peller, Ltd., Bacardi, Ltd.

06-08-2024 07:04 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Champagne Market Growth Probability, Leading Vendors

Champagne market is anticipated to grow at a significant CAGR of 6.5% during the forecast period. Champagne or sparkling wine is an alcoholic drink prepared with the fermentation of special types of grapes. The increasing adoption of alcoholic drinks in the current lifestyle, raising brand awareness, increasing disposable income, and evolution of champagnes with various cocktails and food dishes are the major driving factors for the market growth. This drink is widely used in social gatherings, weddings, and corporate events. The increasing numbers of bars and restaurants are increasing the sales of champagne globally . Moreover, new product development and launches by key players will further boost market growth. For instance, in October 2021, Coravin Inc. announced a strategic partnership with Moët Hennessy Group. Together, both partners have increased their global distribution, focusing on restaurants, wine bars, and other establishments with on-premise consumption of fine drinks, and aim to make fine wines and champagne more accessible by facilitating by-the-glass options to people.

Vintage champagnes are premium champagnes that take a minimum of three years to be manufactured, while non-vintage champagnes are produced in just fifteen months duration. It is similar to rice, as long as it is kept, the better it will taste. The stringent government regulations in various nations regarding the trading and consumption of alcoholic products are anticipated to restrain market growth. Additionally, developing nations including India impose high import tariffs on alcoholic products as a result of which the cost of the final product got increased. This further restrain consumers from purchasing these high-cost products.

To Request a Sample of our Report on Champagne Market:  https://www.omrglobal.com/request-sample/champagne-market

Champagne Market Segmentation

By Grape Used

Plates Pinot Noir
Pinot Meuniere
Chardonnay
Others

By Type

Paper Prestige Cuvee
Blanc De Noirs
Blanc De Blancs
Rose Champagne

By Flavour 

Brut 
Fruity 

By Distribution Channel

Hypermarket/Supermarket
Specialty Store
Online Store

A full Report of Champagne Market is Available @  https://www.omrglobal.com/industry-reports/champagne-market

Regional Analysis           

North America 

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Company Profiles 

Accolade Wines
Andrew Peller, Ltd.
Bacardi, Ltd.
Castle Group
Centre Vinicole Champagne Nicolas Feuillatte
Champagne GH Martel
Champagne Pommery
Constellation Brands, Inc.
Cook's Champagne Cellars
Diageo plc
Dom Pérignon
E & J Gallo Winery
Korbel Brothers, Inc.
Johnnie Walker
La Marca USA
Lanson-BCC
Laurent- Perrier Group
Louis Roederer
LVMH Moet Hennessy - Louis Vuitton
Miguel Torres SA
Moët & Chandon
Pernod Ricard SA
Piper-Heidsieck
Remy Cointreau Group
Taittinger
Thienot Bordeaux-Champagnes
Treasury Wine Estate
Veuve Clicquot Ponsardin
Vina Concha y Toro
Vranken - Pommery Monopole

Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/champagne-market

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Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research 
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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