Sparkling Wine Market Soars Globally: Key Trends, Mergers, and Regional Insights

The Sparkling Wine Market size was valued at US$ 45.39 Bn. in 2023 and the total Sparkling Wine revenue is expected to grow at 4.8% from 2024 to 2030, reaching nearly US$ 63.03 Bn.

𝐒𝐩𝐚𝐫𝐤𝐥𝐢𝐧𝐠 𝐖𝐢𝐧𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

The Sparkling Wine Market is on an upward trajectory, with the rising demand for premium, innovative sparkling wines across different regions. The market is projected to grow at a CAGR of 8.6%, reaching a substantial market size by the end of the forecast period. Sparkling wines, traditionally associated with celebrations and luxury, are now becoming a popular choice among consumers for casual drinking occasions, which is helping to drive the market.

The increasing popularity of sparkling wines in regions like Europe, Asia-Pacific, and North America is being driven by changing consumer preferences, increased disposable incomes, and growing interest in wine tourism and social occasions. This expansion is also spurred by the growing variety of products available, including Prosecco, Cava, Champagne, and new world sparkling wines.

𝐆𝐫𝐚𝐛 𝐘𝐨𝐮𝐫 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰:https://www.maximizemarketresearch.com/request-sample/28655/

𝐊𝐞𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐒𝐩𝐚𝐫𝐤𝐥𝐢𝐧𝐠 𝐖𝐢𝐧𝐞 𝐌𝐚𝐫𝐤𝐞𝐭:
The sparkling wine market is experiencing significant shifts due to innovations in product offerings and changing consumer demands. Key developments include:

Product Innovation: Manufacturers are introducing a wide range of sparkling wine variants, including organic, low-calorie, and alcohol-free options to cater to health-conscious consumers. Flavored sparkling wines are also gaining popularity, offering unique experiences for wine enthusiasts.

Sustainability Trends: With growing awareness around environmental sustainability, many producers are focusing on reducing their carbon footprint. This includes eco-friendly packaging, sustainable grape farming practices, and carbon-neutral production processes.

Premiumization: The demand for premium sparkling wines, particularly Champagne and Prosecco, is rising, driven by affluent consumers looking for high-quality, luxurious experiences. This trend is further fueled by the growing middle class in emerging markets.

Digitalization and E-Commerce: The online wine retail market is expanding rapidly, with sparkling wine brands increasingly leveraging digital platforms for marketing and sales. E-commerce platforms are helping consumers access a wide variety of sparkling wines from global producers.

𝐔𝐧𝐥𝐨𝐜𝐤 𝐈𝐧-𝐃𝐞𝐩𝐭𝐡 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬! 𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐭𝐡𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐰𝐢𝐭𝐡 𝐉𝐮𝐬𝐭 𝐎𝐧𝐞 𝐂𝐥𝐢𝐜𝐤:https://www.maximizemarketresearch.com/request-sample/28655/

𝐒𝐩𝐚𝐫𝐤𝐥𝐢𝐧𝐠 𝐖𝐢𝐧𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

𝒃𝒚 𝑷𝒓𝒐𝒅𝒖𝒄𝒕 𝑻𝒚𝒑𝒆
Cava
Champagne
Cremant
Prosecco
Others

Over the course of the projection period, the champagne segment is anticipated to expand at a CAGR of 4.5%. Although the industry has changed, champagne may have stayed out of the spotlight during the lockdowns brought on by the pandemic. Brands are now giving their customers what they want: rare vintages with more ecological sustainability, thanks to e-commerce, which made businesses realize the advantages of interacting directly with their customers. The market for sparkling wines is expanding, and champagne doesn't seem ready to take a backseat.

𝒃𝒚 𝑫𝒊𝒔𝒕𝒓𝒊𝒃𝒖𝒕𝒊𝒐𝒏 𝑪𝒉𝒂𝒏𝒏𝒆𝒍
Supermarket/Hypermarket
Specialty Stores
On Trade
Others

𝐃𝐢𝐯𝐞 𝐃𝐞𝐞𝐩𝐞𝐫 𝐢𝐧𝐭𝐨 𝐭𝐡𝐞 𝐃𝐚𝐭𝐚! 𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐭𝐡𝐞 𝐅𝐮𝐥𝐥 𝐒𝐭𝐮𝐝𝐲 𝐨𝐧 𝐎𝐮𝐫 𝐖𝐞𝐛𝐩𝐚𝐠𝐞 𝐍𝐨𝐰:https://www.maximizemarketresearch.com/contact-us/

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬: 𝐒𝐩𝐚𝐫𝐤𝐥𝐢𝐧𝐠 𝐖𝐢𝐧𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬:
Vietnam & Thailand
In Vietnam and Thailand, the sparkling wine market is witnessing significant growth as younger generations and affluent consumers embrace sparkling wines as an alternative to traditional spirits. The popularity of Prosecco and other affordable sparkling wines is increasing due to the growing middle class and more frequent celebratory occasions. E-commerce is also driving the market, as more consumers purchase wine online.

Singapore
Singapore is seeing an increased demand for high-end sparkling wines, particularly Champagne, as luxury drinking experiences gain traction among the wealthy. The city-state's status as a wine hub in Southeast Asia is supporting market growth, and international wineries are expanding their presence to cater to this rising demand.

Japan & South Korea
In Japan and South Korea, the sparkling wine market is expanding as consumers become more experimental with wine choices, shifting from traditional spirits like sake to more international wine options. Prosecco is particularly popular, and sparkling wine consumption is growing, driven by an increasing interest in European wines and a younger, more diverse consumer base.

European Market
Europe remains the largest market for sparkling wines, driven by longstanding wine traditions, especially in countries like France (Champagne) and Italy (Prosecco). The market is seeing significant growth in countries like Germany and Spain, where sparkling wines like Cava are gaining popularity. Innovations in wine production and sustainability are key focus areas for European producers.

United States
In the United States, sparkling wine consumption is on the rise, with Prosecco leading the charge due to its affordability and versatility. The demand for premium wines, particularly Champagne, continues to grow as consumers increasingly indulge in celebratory events and upscale social occasions. The U.S. market also sees strong growth in wine tourism and sparkling wine festivals.

𝐒𝐩𝐚𝐫𝐤𝐥𝐢𝐧𝐠 𝐖𝐢𝐧𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:

1. Willamette Valley Vineyards
2. Constellation Brands, Inc.
3. Schramsberg Wineyards
4. SOCIAL Sparkling Wine
5. E & J Gallo Winery
6. Mod Sélection Champagne
7. Une Femme
8. Rack & Riddle
9. Bacardi and Company Limited
10. Chandon
11. Concha Y Toro Winery
12. Henkell & Co.
13. Freixenet
14. Pernod Ricard Winemakers
15. Treasury Wine Estates
16. Accolade Wines Australia Limited
17. Fogarty Wine Group
18. Other Key Players

𝐆𝐨𝐭 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬? 𝐑𝐞𝐚𝐜𝐡 𝐎𝐮𝐭 𝐍𝐨𝐰 𝐟𝐨𝐫 𝐄𝐱𝐩𝐞𝐫𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐚𝐧𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐜𝐨𝐩𝐞 𝐄𝐱𝐩𝐥𝐨𝐫𝐚𝐭𝐢𝐨𝐧:https://www.maximizemarketresearch.com/request-sample/28655/

𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 𝐚𝐧𝐝 𝐅𝐮𝐭𝐮𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐬:
The global sparkling wine market is set to continue its growth in the coming years, driven by evolving consumer preferences, product innovations, and increasing global demand. Key future trends include:

Sustainability and Eco-Friendly Practices: Sustainability will continue to be a major trend in the sparkling wine industry, with producers focusing on eco-friendly production and packaging methods.

Rising Demand for Non-Alcoholic Sparkling Wines: Non-alcoholic sparkling wines are gaining traction, particularly among health-conscious consumers and those seeking alcohol-free alternatives for social occasions.

Growth in Emerging Markets: The sparkling wine market is expected to see significant growth in emerging markets, especially in Asia-Pacific and Latin America, as disposable incomes rise and more consumers embrace sparkling wines.

Rise of Sparkling Wine Tourism: Sparkling wine tourism is becoming increasingly popular, with regions like Champagne in France and Prosecco in Italy seeing a rise in tourism-driven consumption.

𝐒𝐩𝐚𝐫𝐤𝐥𝐢𝐧𝐠 𝐖𝐢𝐧𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 :

The size and trends in the Sparkling Wine market in each of the following regions are thoroughly examined in this research: North America (which includes the United States, Canada, and Mexico); Europe (which includes France, Spain, Germany, Italy, and other European countries); Asia-Pacific (which includes China, Japan, India, Australia, South Korea, ASEAN countries, and others APAC countries); South America (which includes Argentina, Brazil, and other South American countries); and Middle East and Africa (which includes South Africa, Egypt, and other MEA countries).

𝐅𝐨𝐫 𝐚𝐧 𝐢𝐧-𝐝𝐞𝐩𝐭𝐡 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬, 𝐜𝐥𝐢𝐜𝐤 𝐭𝐡𝐞 𝐩𝐫𝐨𝐯𝐢𝐝𝐞𝐝 𝐥𝐢𝐧𝐤:https://www.maximizemarketresearch.com/market-report/global-sparkling-wine-market/28655/

𝐌𝐞𝐫𝐠𝐞𝐫𝐬 𝐚𝐧𝐝 𝐀𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐒𝐩𝐚𝐫𝐤𝐥𝐢𝐧𝐠 𝐖𝐢𝐧𝐞 𝐌𝐚𝐫𝐤𝐞𝐭:
Strategic mergers and acquisitions are playing a key role in reshaping the competitive landscape of the global sparkling wine market. Some notable mergers and acquisitions include:

Moët Hennessy & Glenmorangie
In a strategic move to strengthen its position in the sparkling wine market, Moët Hennessy (the luxury drinks arm of LVMH) acquired Glenmorangie, a renowned wine and spirits brand. This acquisition has allowed Moët Hennessy to expand its portfolio of luxury sparkling wines, with a focus on the premium Champagne and sparkling wine segment.

Pernod Ricard & United Vintners
Pernod Ricard, a global leader in the wine and spirits industry, acquired United Vintners, a company specializing in sparkling wines. This merger has strengthened Pernod Ricard's position in the North American and European sparkling wine markets, offering a diverse range of products under well-known brands like Mumm and Perrier-Jouët.

Treasury Wine Estates & Provenance Wines
Treasury Wine Estates expanded its sparkling wine portfolio with the acquisition of Provenance Wines, a renowned Australian winery. This move has helped Treasury Wine Estates increase its presence in the global sparkling wine market, focusing on premium offerings.

Carlsberg & LVMH (SABMiller Wine Assets)
Carlsberg, the global beer company, entered the sparkling wine market by acquiring SABMiller's wine assets, including Cava and other sparkling wine brands. This acquisition aims to diversify Carlsberg's portfolio and tap into the growing demand for sparkling wines in emerging markets.

𝐘𝐨𝐮𝐫 𝐔𝐥𝐭𝐢𝐦𝐚𝐭𝐞 𝐆𝐮𝐢𝐝𝐞: 𝐊𝐞𝐲 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐀𝐧𝐬𝐰𝐞𝐫𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐋𝐚𝐭𝐞𝐬𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭:

What is Sparkling Wine?
What was the Sparkling Wine market size in 2023?
Which are the factors expected to drive the Sparkling Wine market growth?
Who are the leading companies and what are their portfolios in Sparkling Wine Market?
What growth strategies are the players considering to increase their presence in Sparkling Wine?
What are the upcoming industry applications and trends for the Sparkling Wine Market?
What will be the CAGR at which the Sparkling Wine market will grow?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Sparkling Wine Market?
What are the different segments of the Sparkling Wine Market?
What is the growth rate of the Sparkling Wine Market?
What segments are covered in the Sparkling Wine Market?
Who are the key players in the Sparkling Wine market?
What are the key challenges and opportunities in the Sparkling Wine market?
Which application holds the highest potential in the Sparkling Wine market?

𝐄𝐥𝐞𝐯𝐚𝐭𝐞 𝐲𝐨𝐮𝐫 𝐤𝐧𝐨𝐰𝐥𝐞𝐝𝐠𝐞 𝐛𝐚𝐬𝐞 𝐰𝐢𝐭𝐡 𝐭𝐡𝐞 𝐦𝐨𝐬𝐭 𝐫𝐞𝐜𝐞𝐧𝐭 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐭𝐫𝐞𝐧𝐝𝐬 𝐜𝐮𝐫𝐚𝐭𝐞𝐝 𝐛𝐲 𝐌𝐚𝐱𝐢𝐦𝐢𝐳𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

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𝐊𝐞𝐲 𝐎𝐟𝐟𝐞𝐫𝐢𝐧𝐠𝐬:

Past Market Size and Competitive Landscape (2018 to 2023)
Past Pricing and price curve by region (2018 to 2023)
Market Size, Share, Size & Forecast by different segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐌𝐚𝐱𝐢𝐦𝐢𝐳𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

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𝐀𝐛𝐨𝐮𝐭 𝐌𝐚𝐱𝐢𝐦𝐢𝐳𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

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