Press release
Sparkling Wine Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports
Sparkling Wine Market SizeThe global Sparkling Wine revenue was US$ 28790 million in 2022 and is forecast to a readjusted size of US$ 36480 million by 2029 with a CAGR of 3.4% during the forecast period (2023-2029).
In India, the Sparkling Wine revenue is expected to grow from US$ million in 2022 to US$ million by 2029, at a CAGR of % during the forecast period (2023-2029).
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The global sparkling wine market has a low degree of concentration, and the main players include Rotkäppchen-Mumm Sektkellereien, Moet & Chandon, E & J Gallo Winery, Freixenet, etc. Top 4 players hold a share over 10%. Europe and North America are the key market, hold a share over 70%
Normal sparkling wine is the main type with over 90% shares. The key distribution channel is online retailers, which covers over 50% shares.
This report focuses on global and India Sparkling Wine market, also covers the segmentation data of other regions in regional level and county level.
India is now the world's most populous country. According to IMF (its July update to its World Economic Outlook), India's GDP growth is projected at 6.1% in 2023, powered by domestic investment. First and foremost, the key factor in India's rapid economic growth is the huge supply and demand from a large population base. Demand and supply sides working in both directions to support India's economic stability.
India is a market full of opportunities, and the demand for Sparkling Wine will continue to grow rapidly in the future.
By Type
• Normal sparkling wine
• Semi-sparkling wine
By Application
• Supermarkets and Hypermarkets
• Independent Retailers
• Online Retailers
Key Companis
E & J Gallo Winery, Henkell & Co. Sektkellerei, Freixenet, Moet & Chandon, Rotkappchen-Mumm Sektkellereien, Cecchi, Martini & Rossi, Mionetto Prosecco, Maranello Wines, Juvé & Camps, Sovereign Brands, Wolfberger Winery, Veuve Clicquot, Champagne Bollinger, Laurent Perrier, Piper-Heidsieck, Louis Roederer, Ruffino, Zonin, La Marca Prosecco, Riondo, Prestige Beverage Group
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