Global Champagne Market Growth 2023-2029

Global Champagne Market Growth 2023-2029

Champagne is a variety of sparkling (or carbonated) wine produced in the Champagne region of France. Champagne is typically produced from a few specific varieties of grapes, including Pinot noir, Chardonnay and Pinot Meunier. Although these grapes are not all white, champagne is typically a white wine due to extraction methods that minimize contact between the juice and skin.
Use of the Title “Champagne”
Most countries restrict the use of the term Champagne to only those sparkling wines produced in the Champagne region of France. In Europe, this is enforced by the European Union under the Protected Designation of Origin status. Because of this, sparkling wines from other European countries are sold under other names such as Prosecco (Italy), Cava (Spain), Sekt (Germany and Austria), and Spumante or Asti Spumante (Italy).
The United States does not fully restrict the use of the word Champagne, and allows some domestic producers to use the title on their label. Only those domestic producers who used the title “Champagne” prior to 2006 are allowed to continue its use, provided it is accompanied by the listing of the wine’s actual origin. Most other domestic sparkling wines will be simply labeled as “sparkling wine.”
LPI (LP Information)' newest research report, the “Champagne Industry Forecast” looks at past sales and reviews total world Champagne sales in 2022, providing a comprehensive analysis by region and market sector of projected Champagne sales for 2023 through 2029. With Champagne sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Champagne industry.
This Insight Report provides a comprehensive analysis of the global Champagne landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Champagne portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Champagne market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Champagne and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Champagne.
The global Champagne market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
Moet & Chandon, Nicolas Feuillatte, Veuve Clicquot, Laurent Perrier and Dom Perignon are the top five players of global Champagne industry, with about 61% market shares.
This report presents a comprehensive overview, market shares, and growth opportunities of Champagne market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Non-vintage
Vintage Millésime
Cuvée de prestige
Blanc de Blancs
Other
Segmentation by application
Airport
Airplane
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Moet & Chandon
Nicolas Feuillatte
Veuve Clicquot
Laurent Perrier
Dom Perignon
Mumm
Piper Heidsieck
Pommery
Taittinger
Louis Roederer
Perrier Jouet
Bollinger
Ruinart
Pol Roger
Lanson
Krug
Key Questions Addressed in this Report
What is the 10-year outlook for the global Champagne market?
What factors are driving Champagne market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Champagne market opportunities vary by end market size?
How does Champagne break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.