Learn about the Sparkling Wine Market growth and developments.
Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the Sparkling Wine Market. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Sparkling Wine market, with forecasts outspreading to the year 2030.
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Discover how we define the Sparkling Wine Market scope and research approach.
The Sparkling Wine market research provides comprehensive information on significant aspects, including those that are expected to drive the industry’s growth and upcoming challenges. The competitive environment of the industry, the products marketed by well-known companies, and the investment potential in the Sparkling Wine market will all be thoroughly understood by stakeholders. The study covers both the qualitative and quantitative components of the sector. A comprehensive examination of the competition for the Sparkling Wine Market is included in the scope of the MMR report.
The report offers a number of new requirements, each with a thorough justification. The Sparkling Wine Market was created by consulting both primary and secondary sources of information, including government documents, websites, annual reports, and the opinions of other professionals and academics.
Uncover the regional opportunities and challenges in the Sparkling Wine Market.
This study includes a comprehensive analysis of all pertinent data, including market size, growth rate, and import and export by region. The research’s geographic analysis makes it possible to comprehend the Sparkling Wine market situations in various nations. The Sparkling Wine market is made up of the markets in North America, Europe, Asia Pacific, Latin America, Africa, and the Middle East.
Discover key segments driving the growth of the Sparkling Wine Market :
Global Sparkling Wine Market size was valued at USD 243.95 Bn. in 2023 and the total Sparkling Wine revenue is expected to grow by 3.9 % from 2024 to 2030, reaching nearly USD 318.87 Bn.
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Sparkling Wine Market segmentation :
by Product Type
Cava
Champagne
Cremant
Prosecco
Others
By Product, the champagne segment is expected to grow at a CAGR of 4.5% during the forecast period. Champagne may have remained on the sidelines during the pandemic-induced lockdowns, but the business has evolved. E-commerce awakened firms to the benefits of having a direct interaction with their customers, and brands are now providing their customers with what they want: rare vintages with more ecological sustainability. Champagne does not appear to be ready to play second fiddle to the growing sparkling wine market.
by Distribution Channel
Supermarket/Hypermarket
Specialty Stores
On Trade
Others
Champagne has experienced rising competition from crémant, prosecco, and cava in recent years, thus it is in the industry's best interest to preserve its premium standing, namely by taking a qualitative approach to its goods. Consumers see themselves as being more informed about wine; they are engaged in winemaking and like learning about the product. These customers are increasingly interested in unique Champagne cuvées. People used to want to drink fizzy alcohol and that was it. However, as flavors get more sophisticated, buyers are yearning for special Champagnes with a narrative to tell. As a result, the market is divided into supermarket champagne brands and high-end vintages. The significant mid-tier offers from 15 years ago have diminished.
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Learn about the top players driving innovation in the Sparkling Wine Market :
1. Willamette Valley Vineyards
2. Constellation Brands, Inc.
3. Schramsberg Wineyards
4. SOCIAL Sparkling Wine
5. E & J Gallo Winery
6. Mod Sélection Champagne
7. Une Femme
8. Rack & Riddle
9. Bacardi and Company Limited
10. Chandon
11. Concha Y Toro Winery
12. Henkell & Co.
13. Freixenet
14. Pernod Ricard Winemakers
15. Treasury Wine Estates
16. Accolade Wines Australia Limited
17. Fogarty Wine Group
18. Other Key Players
Get answers to critical questions shaping the Sparkling Wine Market
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