Press release
Sparkling Wine Market Size To Surpass USD 69.21 Billion By 2032 | Veuve Clicquot, Dom Pérignon, Louis Roederer, Freixenet, Cava
Sparkling Wine Market
Sparkling Wine Market Size is Valued at USD 47.56 Billion in 2023, and is Projected to Reach USD 69.21 Billion by 2032, Growing at a CAGR of 4.80% From 2024-2032.
The global sparkling wine industry encompasses carbonated wine products, including Champagne, Prosecco, and Cava, driven by evolving consumer preferences and premiumization trends. Market growth is influenced by increasing demand for high-end beverages, advancements in wine production techniques, and rising disposable incomes. This industry spans multiple retail channels, including supermarkets, specialty stores, and e-commerce platforms, reflecting shifts in regional consumption patterns. Additionally, fluctuations in production across key wine-producing regions impact supply dynamics, making this a dynamic market with significant opportunities for producers and retailers to capitalize on evolving consumer trends.
Some of the Top Leading Key Players:
• Moët & Chandon (France)
• Veuve Clicquot (France)
• Dom Pérignon (France)
• Louis Roederer (France)
• Perrier-Jouët (France)
• Freixenet (Spain)
• Cava (Spain)
• Taittinger (France)
• G.H. Mumm (France)
• Prosecco (Italy)
• Chandon (United States)
• Bollinger (France)
• Piper-Heidsieck (France)
• Pol Roger (France)
• Cave de Lugny (France)
• Others
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Sparkling Wine Market Trend Analysis
The sparkling wine market has witnessed significant growth, driven by increasing consumer demand for premium, high-quality wines suited for various occasions. Consumers are becoming more discerning, seeking handcrafted, exclusive products, fueling the popularity of Champagne, Prosecco, and Cava. This shift reflects a broader trend where sparkling wines are no longer limited to celebrations but are embraced as versatile beverages for everyday enjoyment. With evolving taste preferences and a growing appreciation for product diversity, the industry continues to expand, creating opportunities for producers to cater to a more sophisticated and diverse consumer base.
Segmentation Analysis of the Sparkling Wine Market
By Product Type
• Champagne
• Prosecco
• Cava
• Others
By Packaging
• Bottle
• Can
• Others
By Price Range
• Premium
• Super Premium
• Economy
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Regional Analysis
Europe is Expected to Dominate the Market Over the Forecast period
Geographically, the distinctive analysis of consumption, revenue, market share, and growth rate of the subsequent areas:
• North America (U.S., Canada, Mexico)
• Eastern Europe (Russia, Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
• Western Europe (Germany, UK, France, Netherlands, Italy, Spain, Rest of Western Europe)
• Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
• Middle East & Africa (Türkiye, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)
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Key Industry Developments in the Sparkling Wine Market:
In May 2024, Henkell Freixenet Holding successfully launched its new sparkling wine brands at the Vinexpo Asia Hong Kong event. The company showcased its innovative products, emphasizing its strategic focus on expanding its presence in the Asia market. With a clear vision to capture significant market share across the region, Henkell Freixenet aimed to strengthen its position in the competitive sparkling wine sector.
In February 2024, Accolade Wines and Australian Vintage confirmed they were in negotiations for a potential merger. Australian Vintage, a publicly listed company, verified the discussions in an official announcement made to the Australian Securities Exchange. The proposed merger, if finalized, would create significant opportunities for both companies in the global wine market, though no further details regarding the deal were disclosed at the time.
The Global Sparkling Wine Market Report Delivers A Comprehensive Analysis Of The Following:
1. Market projections for the years 2024-2032
2. Market growth factors, opportunities, and challenges
3. Current and emerging market trends
4. Market participant capacity, production, and revenue (value)
5. Analysis of supply (production), consumption, export, and import
6. Application/End-User Analysis
Strategic Points Covered in Table of Content of Global Sparkling Wine Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Sparkling Wine market
Chapter 2: Exclusive Summary - the basic information of the Sparkling Wine Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Sparkling Wine
Chapter 4: Presenting the Sparkling Wine Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2024-2032
Chapter 6: Evaluating the leading manufacturers of the Sparkling Wine market which consists of its Competitive Landscape, Competitive Positioning, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2024-2032)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
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At Introspective Market Research Private Limited, we are a forward-thinking research consulting firm committed to driving our clients' growth and market dominance. Leveraging cutting-edge technology, big data, and advanced analytics, we provide deep insights and strategic solutions that enable our clients to stay ahead in a competitive landscape. Our expertise spans across comprehensive Market Research Reports, Holistic Market Insights, Macro-Economic Analysis, and tailored Go-to-Market (GTM) Strategies. Through our Consulting Services and AI-Driven Solutions, we empower businesses to navigate challenges and achieve their objectives. Additionally, we offer Product Design and Prototyping support and Flexible Staffing Solutions to meet evolving industry demands. Our IMR Knowledge Cluster ensures continuous learning and innovation, guiding our clients toward sustainable success.
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