Major Advancements : Sparkling Wine Market Globally Grow at a CAGR of 2.22% by 2021

Albany, New York, July 31, 2017 : Recent research and the current scenario as well as future market potential of "Global Sparkling Wine Market 2017-2021" globally.

Wine that contains significant amounts of carbon dioxide is known as sparkling wine. The carbon dioxide, a by-product of the fermentation process, gives the wine its fizzy nature. Sparkling wine is classified based on various parameters including the method of preparation, country of origin, and the level of alcohol by volume (ABV).

Technavios analysts forecast the global sparkling wine market to grow at a CAGR of 2.22% during the period 2017-2021.

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Covered in this report
The report covers the present scenario and the growth prospects of the global sparkling wine market for 2017-2021. To calculate the market size, the report considers the consumption volumes of sparkling wines such as Prosecco, Champagne, Cava, and others like Franciacorta, Asti, Sekt, Crmant, Lambrusco, California sparkling wines, and many others.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Sparkling Wine Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
E. & J. Gallo Winery
Freixenet
LVMH
Treasury Wine Estates

Other prominent vendors
Accolade Wines
BACARDI
Bronco Wine Company
CODORNU
Constellation Brands
Henkell & Co.
F. Korbel & Bros
NYETIMBER
Pernod Ricard
The Wine Group

Market driver
Growing focus on premiumization
For a full, detailed list, view our report

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Market challenge
Adverse weather conditions affecting availability of raw materials
For a full, detailed list, view our report

Market trend
Growing focus on marketing and promotional efforts
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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This release was published on openPR.