Sparkling Wine Market Poised to Hit $51.49 Billion by 2029 with Accelerating Growth Trends

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Sparkling Wine Market Size Growth Forecast: What to Expect by 2025?
In recent times, the sparkling wine market has seen a substantial growth. With a projected increase from $38.37 billion in 2024 to $40.78 billion in 2025, it's expected to have a compound annual growth rate (CAGR) of 6.3%. Factors contributing to this growth during the historic period include increased global wine consumption, heightened demand for champagne and prosecco, the proliferation of wine tourism, enlargement of the female consumer group, and uplift in disposable income.

How Will the Sparkling Wine Market Size Evolve and Grow by 2029?
The market size of sparkling wine is anticipated to witness robust expansion in the upcoming years. It is projected to reach $51.49 billion by 2029, with a compound annual growth rate (CAGR) of 6.0%. The expansion during this anticipation period can be linked to the growth of on-trade and off-trade retail channels, the increasing consumption of millennials and Gen Z, expansion of e-commerce and direct-to-consumer sales, the rise of events and the hospitality industry, as well as changes in regulations and trade agreements. Notable trends to be witnessed during this forecast period include product development with a keen focus on flavor variations, the evolution of organic and biodynamic sparkling wines, the creation of low-alcohol and non-alcoholic wines, the integration of innovative flavors, and the inclusion of digital access.

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What Drivers Are Propelling the Growth of Sparkling Wine Market Forward?
The growth of the sparkling wine market is anticipated to be fueled by the rising popularity of alcoholic beverages. These beverages, which are produced through either sugar fermentation by yeast or via distillation, comprise ethanol. This growing fondness for alcoholic beverages is primarily due to the launch of new flavors and a broad array of products like flavored spirits and ready-to-drink cocktails that resonate with younger, health-conscious consumers looking for unique and exhilarating drink experiences. Sparkling wine, with its fizzy and fresh attributes, is a preferred alcoholic drink, making it ideal for festivities and social get-togethers. Its vibrant fizz and festive charm entice consumers in search of a superior and delightful drinking encounter. For example, a report issued by the House of Commons of the United Kingdom, a government body in the UK, in July 2024 stated that 56% of adults in England admitted to drinking alcohol in the previous week in 2022. In addition, 30% of men exceeded the recommended weekly drinking threshold, double the rate of women at 15%. Thus, the growing fondness for alcoholic beverages serves as a catalyst for the sparkling wine market's expansion.

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Which Emerging Trends Are Transforming the Sparkling Wine Market in 2025?
Pioneering corporations in the sparkling wine market are channeling their efforts into developing inventive products including zero-alcohol or alcohol-free sparkling wines, in response to increasing consumer preference for healthier and more diverse beverage choices. These zero-alcohol sparkling wines replicate the traditional champagne taste with less than 0.5% alcohol volume, designed to appeal to consumers who are health aware or curious about sobriety. One example of this trend is the launch of Casillero del Diablo Zero, the first alcohol-free sparkling wine produced by the Chilean wine brand, Casillero del Diablo, in December 2024. Made entirely from Chardonnay grapes harvested early in Chile's Central Valley, the wine is gently de-alcoholized to maintain quality and contains only 22 calories per 125 ml glass. This product launch is a response to the rising demand from consumers, particularly younger adults, for no- and low-alcohol drinks, and seeks to mainstream alcohol-free wine while capitalizing on Casillero del Diablo's standing as the UK's third bestselling wine brand.

What Are the Key Segments in the Sparkling Wine Market?
The sparkling wine market covered in this report is segmented -

1) By Type: Red Sparkling Wine, White Sparkling Wine, Rosé Sparkling Wine
2) By Product Type: Cava, Champagne, Crémant, Prosecco, Other Products
3) By Production Method: Traditional Method, Tank Method, Caribbean Method, Carbonic Maceration, Other Production Methods
4) By Distribution Channel: Supermarket Or Hypermarket, Specialty Stores, On Trade, Other Distribution Channels
5) By End User: Residential, Commercial

Subsegments:
1) By Red Sparkling Wine: Dry Red Sparkling Wine, Sweet Red Sparkling Wine, Semi-Dry Red Sparkling Wine
2) By White Sparkling Wine: Brut (Dry) White Sparkling Wine, Extra Dry White Sparkling Wine, Demi-Sec (Semi-Sweet) White Sparkling Wine, Sweet White Sparkling Wine
3) By Rosé Sparkling Wine: Brut Rosé Sparkling Wine, Extra Dry Rosé Sparkling Wine, Demi-Sec Rosé Sparkling Wine

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Who Are the Key Players Shaping the Sparkling Wine Market's Competitive Landscape?
Major Companies operating in the sparkling wine market are Henkell & Co. Sektkellerei KG, Moët & Chandon S.A., Laurent-Perrier S.A., Champagne Nicolas Feuillatte S.A., Valdo Spumanti S.p.A., Grupo Codorníu Raventós S.A., Schramsberg Vineyards Inc., The Wine Group LLC, Moët Hennessy Louis Vuitton SE, Domaine Carneros LLC, Roederer Estate LLC, Freixenet S.A., Veuve Clicquot Ponsardin S.A., E. & J. Gallo Winery LP, Argyle Winery LLC, Mionetto S.p.A., G.H. Mumm & Cie, Champagne Taittinger S.A., Piper-Heidsieck S.A., Martini & Rossi S.p.A., Santa Margherita S.p.A., Segura Viudas S.A., Bollinger S.A.

What Geographic Markets Are Powering Growth in the Sparkling Wine Market?
Europe was the largest region in the sparkling wine market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the sparkling wine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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