Global Sparkling Wine Market Growth 2023-2029
Sparkling wine is a type of wine with high carbon dioxide levels, which makes it fizzy. The bubbles result from natural fermentation that occurs either in the bottle or in a large tank.
The fermentation happens when sugar is added to wine, and yeast starts acting on the sugar, releasing carbon dioxide. This carbon dioxide trapped inside a sealed space creates bubbles in the wine.
Many people refer to sparkling wine as Champagne. However, this term is exclusively reserved only for the sparkling wines made in the Champagne region of France.
LPI (LP Information)' newest research report, the “Sparkling Wine Industry Forecast” looks at past sales and reviews total world Sparkling Wine sales in 2022, providing a comprehensive analysis by region and market sector of projected Sparkling Wine sales for 2023 through 2029. With Sparkling Wine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Sparkling Wine industry.
This Insight Report provides a comprehensive analysis of the global Sparkling Wine 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 Sparkling Wine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Sparkling Wine market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Sparkling Wine and breaks down the forecast by type, by distribution channel, 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 Sparkling Wine.
The global Sparkling Wine market size is projected to grow from US$ 28160 million in 2022 to US$ 35900 million in 2029; it is expected to grow at a CAGR of 35900 from 2023 to 2029.
The global sparkling wine market has a low degree of concentration, and the main players include Rotkäppchen-Mumm Sektkellereien, Moet & Chandon, E & J Gallo Winery, Freixenet, etc. Top 4 players hold a share over 10%. Europe and North America are the key market, hold a share over 70%. Normal sparkling wine is the main type with over 90% shares. The key distribution channel is online retailers, which covers over 50% shares.
This report presents a comprehensive overview, market shares, and growth opportunities of Sparkling Wine market by product type, distribution channel, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Normal sparkling wine
Semi-sparkling wine
Segmentation by distribution channel
Supermarkets and Hypermarkets
Independent Retailers
Online Retailers
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.
E & J Gallo Winery
Henkell & Co. Sektkellerei
Freixenet
Moet & Chandon
Rotkappchen-Mumm Sektkellereien
Cecchi
Martini & Rossi
Mionetto Prosecco
Maranello Wines
Juvé & Camps
Sovereign Brands
Wolfberger Winery
Veuve Clicquot
Champagne Bollinger
Laurent Perrier
Piper-Heidsieck
Louis Roederer
Ruffino
Zonin
La Marca Prosecco
Riondo
Prestige Beverage Group
Key Questions Addressed in this Report
What is the 10-year outlook for the global Sparkling Wine market?
What factors are driving Sparkling Wine market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Sparkling Wine market opportunities vary by end market size?
How does Sparkling Wine break out type, distribution channel?
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.
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