Press release
Global Champagne Market to Reach USD 8.02 Billion by 2030, Growing at a 3.2 Percentage CAGR
๐๐ฅ๐จ๐๐๐ฅ ๐๐ก๐๐ฆ๐ฉ๐๐ ๐ง๐ ๐๐๐ซ๐ค๐๐ญ was worth USD 6.43 Bn in 2023 and total revenue is expected to grow at a rate of 3.2% CAGR from 2024 to 2030, reaching almost USD 8.02 Bn in 2030.๐๐ฅ๐จ๐๐๐ฅ ๐๐ก๐๐ฆ๐ฉ๐๐ ๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The global champagne market is witnessing steady growth, driven by increasing consumer preference for luxury beverages and rising disposable incomes. Champagne has become synonymous with celebrations and prestige, making it a popular choice for events, weddings, and special occasions. The market benefits from growing awareness of premium alcohol brands and the expanding culture of wine and champagne appreciation worldwide.
๐๐๐ญ ๐๐จ๐ฎ๐ซ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.maximizemarketresearch.com/request-sample/35306/
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐ก๐๐ฆ๐ฉ๐๐ ๐ง๐ ๐๐๐ซ๐ค๐๐ญ:
Key drivers of the market include the rising demand for premium and ultra-premium champagne varieties and the influence of social media and lifestyle trends that position champagne as a status symbol. Additionally, the development of e-commerce platforms has improved accessibility, further boosting sales. The growing popularity of sustainable and organic champagne also caters to environmentally conscious consumers.
๐๐ฅ๐จ๐๐๐ฅ ๐๐ก๐๐ฆ๐ฉ๐๐ ๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
Notable trends in the champagne market include innovations in packaging and marketing strategies aimed at attracting younger demographics. Collaborations between luxury brands and champagne producers are creating exclusive editions, driving consumer interest. Additionally, there is a growing focus on expanding the market to emerging economies, where increasing urbanization and a taste for luxury products are fueling demand.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐๐๐ฒ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.maximizemarketresearch.com/inquiry-before-buying/35306/
๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐ก๐๐ฆ๐ฉ๐๐ ๐ง๐ ๐๐๐ซ๐ค๐๐ญ
๐๐ก๐๐ฆ๐ฉ๐๐ ๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ
Vietnam's expanding middle class and increasing exposure to Western lifestyles have led to a growing interest in premium alcoholic beverages, including champagne. While specific data on mergers and acquisitions in Vietnam's champagne market is limited, the country's economic growth presents opportunities for international champagne brands to establish a presence through partnerships and distribution agreements.
๐๐ก๐๐ฆ๐ฉ๐๐ ๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐
Thailand's vibrant tourism industry and dynamic nightlife have bolstered the demand for champagne. The presence of high-end hotels and restaurants in cities like Bangkok and Phuket provides a conducive environment for champagne consumption. Although detailed information on recent mergers and acquisitions is scarce, the market's potential growth is attracting interest from global champagne producers seeking to expand in Southeast Asia.
๐๐ก๐๐ฆ๐ฉ๐๐ ๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐๐ฉ๐๐ง
Japan ranks as the third-largest importer of champagne globally, following the US and UK. In 2020, approximately 315 varieties of champagnes were imported into the country, reflecting a strong consumer preference for premium beverages. Japanese consumers often enjoy champagne during various ceremonies, with senior citizens being major consumers.
๐๐ก๐๐ฆ๐ฉ๐๐ ๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐
South Korea's champagne market is experiencing growth, driven by increasing consumer interest in luxury alcoholic beverages. While specific recent mergers and acquisitions are not prominently reported, the market is characterized by the presence of international brands and a growing domestic appreciation for champagne, indicating potential for future consolidation activities.
๐๐ก๐๐ฆ๐ฉ๐๐ ๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐
Singapore's status as a global financial hub with a sophisticated consumer base has led to a steady demand for champagne. The market is marked by the availability of a wide range of premium brands in upscale dining establishments and retail outlets. Although recent mergers and acquisitions are not extensively documented, the market remains dynamic, with opportunities for brand collaborations and exclusive offerings.
๐๐ก๐๐ฆ๐ฉ๐๐ ๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ
The United States continues to be a significant market for champagne, with consumers increasingly favoring premium and vintage varieties. Recent developments include strategic partnerships and product launches by major brands. For instance, in April 2022, Champagne Krug, an LVMH brand, introduced two new editions of champagnes, "Grande Cuvรฉes," both white and rosรฉ, composed in 2014, which Krug describes as an erratic year.
๐๐ก๐๐ฆ๐ฉ๐๐ ๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐
Europe remains the largest market for champagne, accounting for a significant revenue share. In 2023, Europe held a 66.0% share of the global champagne market. The region's deep-rooted cultural association with champagne, particularly in countries like France, the UK, and Germany, sustains its market dominance. Recent developments include strategic partnerships, such as Piper-Heidsieck's announcement in March 2024 of a three-year partnership as the Official Champagne of the Miami Open, aiming to enhance brand visibility and consumer engagement.
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐๐๐จ๐ฎ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ? ๐๐ซ๐๐ ๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐ฒ: https://www.maximizemarketresearch.com/request-sample/35306/
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐ก๐๐ฆ๐ฉ๐๐ ๐ง๐ ๐๐๐ซ๐ค๐๐ญ:
by Product
Prestige Cuvรฉe
Blanc De Noirs
Blanc De Blancs
Rosรฉ Champagne
Others
by Distribution Channel
Off-trade
On-trade
by Grade Type
Pinot Meunier
Pinot Noir
Chardonnay
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐ก๐๐ฆ๐ฉ๐๐ ๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
1. Moet & Chandon
2. Nicolas Feuillatte
3. Veuve Clicquot
4. Laurent Perrier
5. Dom Perignon
6. Mumm
7. Piper Heidsieck
8. Pommery
9. Taittinger
10.Louis Roederer
11.Perrier Jouet
12.Bollinger
13.Ruinart
14.Pol Roger
15.Lanson
16.Krug
๐๐ง๐จ๐ฐ ๐๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/market-report/global-champagne-market/35306/
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐จ๐ซ๐: ๐๐ข๐ฌ๐ข๐ญ ๐๐ฎ๐ซ ๐๐๐๐ฌ๐ข๐ญ๐ ๐๐จ๐ซ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
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