Sparkling Wine Market Report by Type (Red, Rose, White), Product (Cava, Champagne, Cremant, Prosecco, and Others), Price Point (Economy, Mid-range, Luxury), Sales Channel (Supermarket and Hypermarket, Specialty Stores, On Trade, amd Others), and Region 20

Sparkling Wine Market Report by Type (Red, Rose, White), Product (Cava, Champagne, Cremant, Prosecco, and Others), Price Point (Economy, Mid-range, Luxury), Sales Channel (Supermarket and Hypermarket, Specialty Stores, On Trade, amd Others), and Region 2023-2028


The global sparkling wine market size reached US$ 36.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 55.4 Billion by 2028, exhibiting a growth rate (CAGR) of 7.10% during 2022-2028.

Sparkling wine is an alcoholic beverage containing a significant level of carbon dioxide (CO2) that provides a fizzy effect. It is produced using still wine that undergoes a secondary fermentation after adding a mix of yeasts, sucrose nutrients, and adjuvants. Its high concentration of polyphenols, which are antioxidants that prevent cell death from oxidative stress, help regulate cells' response to brain injuries during a stroke, Alzheimer's disease, Parkinson's disease, and other illnesses. At present, it is widely consumed as a celebration drink on special occasions like birthdays, anniversaries, sports events, corporate parties, and social gatherings.

Sparkling Wine Market Trends:
The rising socialization trend among the young population, coupled with the increasing influence of cocktail culture, represents one of the key factors strengthening the market growth. Moreover, rapid urbanization, inflating income levels, and shifting lifestyle preferences of consumers are catalyzing the demand for premium sparkling wines across the globe. This can also be attributed to the emerging trend of celebration parties and weekend gatherings across the corporate sector. Apart from this, the thriving food tourism industry and expanding culinary services are positively influencing the adoption of sparkling wines in luxury hotels and restaurants for gourmet cooking. Furthermore, several market players are investing in marketing campaigns to retain a competitive edge in the market. They are also offering canned sparkling wines in a range of unique and exotic flavors through online retail channels. This, in confluence with the flourishing e-commerce industry on account of the increasing Internet penetration and rising dependence on smartphones, is creating a positive outlook for the market growth. Besides this, the growing trend of gifting sparkling wines with personalized bottles and labels is anticipated to drive the market.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global sparkling wine market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, product, price point and sales channel.

Breakup by Type:

Red
Rose
White

Breakup by Product:

Cava
Champagne
Cremant
Prosecco
Others

Breakup by Price Point:

Economy
Mid-range
Luxury

Breakup by Sales Channel:

Supermarket and Hypermarket
Specialty Stores
On Trade
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Accolade Wines, Bacardi Limited, Bronco Wine Company, Casella Family Brands, Caviro Extra S.p.A., Constellation Brands Inc., Freixenet Sa (Henkell & Co. Sektkellerei), Giulio Cocchi Spumanti Srl, Illinois Sparkling Co., Quady Winery, Treasury Wine Estates and Vina Concha Y Toro.

Key Questions Answered in This Report
1. What was the size of the global sparkling wine market in 2022?
2. What is the expected growth rate of the global sparkling wine market during 2023-2028?
3. What are the key factors driving the global sparkling wine market?
4. What has been the impact of COVID-19 on the global sparkling wine market?
5. What is the breakup of the global sparkling wine market based on the type?
6. What is the breakup of the global sparkling wine market based on the product?
7. What is the breakup of the global sparkling wine market based on the price point?
8. What is the breakup of the global sparkling wine market based on the sales channel?
9. What are the key regions in the global sparkling wine market?
10. Who are the key players/companies in the global sparkling wine market?


1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Sparkling Wine Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Red
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Rose
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 White
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Product
7.1 Cava
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Champagne
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Cremant
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Prosecco
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Price Point
8.1 Economy
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Mid-range
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Luxury
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Sales Channel
9.1 Supermarket and Hypermarket
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Specialty Stores
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 On Trade
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Others
9.4.1 Market Trends
9.4.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Accolade Wines
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.2 Bacardi Limited
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 SWOT Analysis
15.3.3 Bronco Wine Company
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.4 Casella Family Brands
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.5 Caviro Extra S.p.A.
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.6 Constellation Brands Inc.
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
15.3.7 Freixenet Sa (Henkell & Co. Sektkellerei)
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8 Giulio Cocchi Spumanti Srl
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.9 Illinois Sparkling Co.
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.10 Quady Winery
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.11 Treasury Wine Estates
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
15.3.12 Vina Concha Y Toro
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
15.3.12.3 Financials

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