Global Champagne Market 2024-2028

Global Champagne Market 2024-2028

The champagne market is forecasted to grow by USD 2518.52 mn during 2023-2028, accelerating at a CAGR of 6% during the forecast period. The report on the champagne market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for champagne from millennials, recent product launches in champagne market, and increasing demand for champagne for celebrations.

Technavio's champagne market is segmented as below:

By Distribution Channel

• Offline
• Online

By Price Range

• Economy
• Mid-range
• Luxury

By Geography

• Europe
• North America
• APAC
• South America
• Middle East and Africa

This study identifies the expansion of the e-commerce sector as one of the prime reasons driving the champagne market growth during the next few years. Also, increasing prominence of private-label brands and rise in sales of organic and natural champagnes will lead to sizable demand in the market.

The report on the champagne market covers the following areas:

• Champagne market sizing
• Champagne market forecast
• Champagne market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading champagne market vendors that include Champagne GH Martel, Champagne Laurent Perrier, Champagne Louis Roederer, Champagne Nicolas Feuillatte, Champagne Piper Heidsieck, Champagne Taittinger CCVC, Champagne Veuve A.Devaux, Constellation Brands Inc., De Castellane, E. and J. Gallo Winery, F. Korbel and Bros, Joseph Perrier, Krug Champagne, LANSON BCC, LVMH Moet Hennessy Louis Vuitton SE, Veuve Clicquot Ponsardin, Pernod Ricard SA, Remy Cointreau SA, THIENOT SAS Co., and VRANKEN POMMERY MONOPOLE. Also, the champagne market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.