A Toast to Prosperity: Navigating the Sparkling Wine Market on a Global Scale (2023-2029)


Posted November 24, 2023 by shubhammmr

The Sparkling Wine market is segmented based on Type, Product, Price Point, Sales Channel, and Region.

 
Sparkling Wine Market Overview

The market overview of the Sparkling Wine Market focuses on the specific market characteristics, including elements like industry competition. Comprehensive market revenue predictions are provided for the global, regional, segment, and national levels in the report. The report's sales projections for each region and industry is one of its primary highlights.

The Sparkling Wine Market size was valued at US$ 43.32 Bn. in 2022 and the total Sparkling Wine revenue is expected to grow at 4.8% from 2023 to 2029, reaching nearly US$ 60.15 Bn.

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Sparkling Wine Market Report Scope and Research Methodology

The study methodology used a mix of primary and secondary research techniques to compile market data. The primary research techniques, such as questionnaires, interviews, and market observations, would have given the researchers access to first-hand market data, which is usually beneficial. The researchers might have gathered background knowledge and market data by using secondary research techniques including industry studies, business websites, and news articles.

The study examines the Sparkling Wine Market through a market-focused and commercial analysis that takes into account the market's revenue, financial situation, portfolio, technical advancements, and mergers and acquisitions. This strategy aids in giving a complete picture of the market, which stakeholders, investors, and market participants may use to create investment strategies and marketing strategies.

Sparkling Wine Market Regional Insights

The report offers an in-depth analysis of the factors influencing growth, limitations, future prospects, and competition within the industry across all regions. The market is classified by region into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report also provides a comprehensive overview of the leading countries in each region, along with their respective market forecasts.

Sparkling Wine Market Segmentation:

by Type

Red
Rose
White


by Product

Cava
Champagne
Cremant
Prosecco
Others

During the forecast period, the champagne segment is anticipated to grow at a compound annual growth rate (CAGR) of 4.5%. Champagne may have stayed out of the spotlight during the lockdowns brought on by the pandemic, but the industry has changed. Since e-commerce has made businesses aware of the advantages of communicating directly with consumers, brands are giving consumers what they want—rare vintage clothing that is more environmentally friendly. It doesn't seem like champagne is prepared to take a backseat to the expanding sparkling wine industry.


by Price

Point Economy
Mid-range
Luxury


by Sales

Channel Supermarket/Hypermarket
Specialty Stores
On Trade
Others

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Sparkling Wine Market Key Players :

1. Bacardi and Company Limited
2. Bronco Wine Co.
3. Casella
4. Constellation Brands, Inc.
5. Henkell Freixenet
6. Schramsberg Wineyards
7. Pernod Ricard Winemakers
8. The Sparkling Wine Co.
9. Treasury Wine Estates Ltd
10. Chandon
11. E & J Gallo Winery
12. Freixenet
13. California Champagnes
14. Moet Hennessy USA
15. Accolade Wines Australia Limited
16. Vina Concha Y Toro Sa

Key questions answered in the Automotive Relay Market are:

What is Sparkling Wine?
What are the recent industry trends that can be implemented to generate additional revenue streams for Sparkling Wine Market?
Which factors are the lucrative opportunities for the Sparkling Wine market growth?
How is the intervention from regulatory authority is shaping the Sparkling Wine Market?
What growth strategies are the players considering to increase their presence in Sparkling Wine Market?
Who held the largest market share in Sparkling Wine Market?
What is the Sparkling Wine market size of the dominating region?
Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Market Size, Share, Size & Forecast by different segment | 2022−2029
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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Issued By MMR
Country India
Categories Advertising , Business , News
Tags sparklingwine , winetrends , wineindustry , globalmarket , bubblybusiness
Last Updated November 24, 2023