Sparkling Wine market size was valued at US$ 28160 million in 2023 and is estimated to reach US$ 35900 million by 2030 with a CAGR of 3.5% during review period.
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According to Publisher’s latest study, the global Sparkling Wine market size was valued at US$ 28160 million in 2023. With growing demand in downstream market, the Sparkling Wine is forecast to a readjusted size of US$ 35900 million by 2030 with a CAGR of 3.5% during review period.
Market Overview
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The research report highlights the growth potential of the global Sparkling Wine market. Sparkling Wine are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Sparkling Wine. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Sparkling Wine market.
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.
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Research Consultant
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.
Key Features:
Market Drivers: Growing Requirement for Premium Alcoholic Drinks: The sparkling wine industry is mostly driven by consumers' shifting tastes for premium and high-quality alcoholic beverages as well as their increasing disposable incomes.
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Popularity of Social and Festive Occasions: Demand for sparkling wine is rising as social and celebratory events, like weddings, parties, and festivals, become more and more popular.
Technological Developments in Production: The quality and range of sparkling wine products on the market are being improved by innovations in production processes, like the Charmat method and the conventional method.
Growing Influence of Social Media: The need for stylish and aesthetically pleasing sparkling wine products is being driven by social media platforms, which have a big impact on consumer behavior and tastes.
Expansion of Retail and E-commerce Channels: As a result of sparkling wine's increased accessibility to consumers, the market is expanding.
Increasing Health Awareness: To better serve consumers who are health-conscious, low-calorie and organic sparkling wine options are being introduced.
Challenges: High manufacture Costs: For small and medium-sized producers in particular, the high costs of raw materials, fermentation, and age involved in the manufacture of sparkling wine can be a deterrent to market expansion.
Regulatory and Policy Difficulties: It can be difficult to navigate the complicated regulatory and policy environment surrounding alcoholic beverages, especially in areas with strict alcohol laws.
Sustainability and Environmental Issues: The environmental effects of wine production, such as water and energy consumption and waste management, provide sustainability issues.
Problems with the supply chain and logistics: It might be difficult to guarantee the effective distribution and transportation of sparkling wine in order to preserve its quality and availability, particularly in areas with poor infrastructure.
Competition in the Market and Pricing Pressure: Beer, spirits, and non-alcoholic alternatives compete with alcoholic beverages in the market, affecting market share and profitability.
Market Forecasts and Future Outlook: The growing popularity of social and festive occasions, increased consumer demand for luxury alcoholic beverages, and improvements in production processes are all predicted to fuel the worldwide sparkling wine market's robust growth between 2024 and 2030. Sustained expansion will need addressing issues like high production costs and complex regulations. There are plenty of chances in this industry for new product development, market expansion into developing nations, and the creation of healthy and environmentally friendly sparkling wine solutions.
Opportunities: Sustainable and Eco-Friendly manufacturing: Investing in ecologically friendly and sustainable manufacturing methods, such organic farming and renewable energy, can both satisfy legal requirements and draw in customers who care about the environment.
Growth into Emerging economies: There is a lot of room for expansion in emerging economies, where there is a rising middle class and a growing consumer demand for upscale alcoholic drinks.
Customization and Product Innovations: Creating novel and bespoke sparkling wine goods, like flavored varieties and customized labels, can improve customer happiness and market distinctiveness.
Emphasis on Health-Conscious Consumers: Growth can be fueled by taking advantage of the market for health-conscious products and offering low-calorie, low-alcohol, and organic sparkling wine options.
Strategic Alliances and Collaborations: Establishing alliances and collaborations with hotel companies, retail chains, and event planners can increase market share and spur innovation.
Improved Marketing and Branding Strategies: You may raise consumer knowledge and demand for sparkling wine by putting targeted marketing campaigns into action, utilizing social media, and forming influencer alliances.
Market Segmentation:
Sparkling Wine market is split by Type and by Distribution channel. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Distribution channel in terms of volume and value. Normal sparkling wine is the main type with over 90% shares. The key distribution channel is online retailers, which covers over 50% shares.
1. Segmentation by type
• Normal sparkling wine
• Semi-sparkling wine
2. Segmentation by distribution channel
• Supermarkets and Hypermarkets
• Independent Retailers
• Online Retailers
Regional Insight: North America: Due to its large disposable income, abundance of large wine producers, and high consumer expenditure on premium alcoholic beverages, North America leads the industry. With a strong demand for sparkling wine in both the residential and commercial sectors, the United States is a significant contributor.
Europe: Europe is right behind, led by nations like France, Italy, and Spain. The region's emphasis on innovation, quality, and tradition has fueled the development of cutting-edge methods for producing sparkling wine.
Asia-Pacific: Because of its quick urbanization, rising disposable incomes, and growing demand for high-end alcoholic beverages, this region is predicted to develop at the fastest rate. Australia, China, and Japan are important markets with significant room for expansion.
Latin America: Economic development, rising urbanization, and increased investments in the hotel industry are driving the region's market's steady growth. The two largest markets are Mexico and Brazil.
Middle East and Africa: Due to economic diversification, urbanization, and rising investments in the travel and hospitality sectors, the Middle East and Africa area offers growth prospects. Notable markets with substantial potential are South Africa and the United Arab Emirates.
Europe and North America are the key market, hold a share over 70%.
1. Americas
• United States
• Canada
• Mexico
• Brazil
2. APAC
• China
• Japan
• Korea
• Southeast Asia
• India
• Australia
3. Europe
• Germany
• France
• UK
• Italy
• Russia
4. Middle East & Africa
• Egypt
• South Africa
• Israel
• Turkey
• GCC Countries
Competitive Landscape: 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%.
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
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Sparkling Wine Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Sparkling Wine by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Sparkling Wine by Country/Region, 2019, 2023 & 2030
2.2 Sparkling Wine Segment by Type
2.2.1 Normal sparkling wine
2.2.2 Semi-sparkling wine
2.3 Sparkling Wine Sales by Type
2.3.1 Global Sparkling Wine Sales Market Share by Type (2019-2024)
2.3.2 Global Sparkling Wine Revenue and Market Share by Type (2019-2024)
2.3.3 Global Sparkling Wine Sale Price by Type (2019-2024)
2.4 Sparkling Wine Segment by Distribution channel
2.4.1 Supermarkets and Hypermarkets
2.4.2 Independent Retailers
2.4.3 Online Retailers
2.5 Sparkling Wine Sales by Distribution channel
2.5.1 Global Sparkling Wine Sale Market Share by Distribution channel (2019-2024)
2.5.2 Global Sparkling Wine Revenue and Market Share by Distribution channel (2019-2024)
2.5.3 Global Sparkling Wine Sale Price by Distribution channel (2019-2024)
3 Global Sparkling Wine by Company
3.1 Global Sparkling Wine Breakdown Data by Company
3.1.1 Global Sparkling Wine Annual Sales by Company (2019-2024)
3.1.2 Global Sparkling Wine Sales Market Share by Company (2019-2024)
3.2 Global Sparkling Wine Annual Revenue by Company (2019-2024)
3.2.1 Global Sparkling Wine Revenue by Company (2019-2024)
3.2.2 Global Sparkling Wine Revenue Market Share by Company (2019-2024)
3.3 Global Sparkling Wine Sale Price by Company
3.4 Key Manufacturers Sparkling Wine Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Sparkling Wine Product Location Distribution
3.4.2 Players Sparkling Wine Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Sparkling Wine by Geographic Region
4.1 World Historic Sparkling Wine Market Size by Geographic Region (2019-2024)
4.1.1 Global Sparkling Wine Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Sparkling Wine Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Sparkling Wine Market Size by Country/Region (2019-2024)
4.2.1 Global Sparkling Wine Annual Sales by Country/Region (2019-2024)
4.2.2 Global Sparkling Wine Annual Revenue by Country/Region (2019-2024)
4.3 Americas Sparkling Wine Sales Growth
4.4 APAC Sparkling Wine Sales Growth
4.5 Europe Sparkling Wine Sales Growth
4.6 Middle East & Africa Sparkling Wine Sales Growth
5 Americas
5.1 Americas Sparkling Wine Sales by Country
5.1.1 Americas Sparkling Wine Sales by Country (2019-2024)
5.1.2 Americas Sparkling Wine Revenue by Country (2019-2024)
5.2 Americas Sparkling Wine Sales by Type
5.3 Americas Sparkling Wine Sales by Distribution channel
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Sparkling Wine Sales by Region
6.1.1 APAC Sparkling Wine Sales by Region (2019-2024)
6.1.2 APAC Sparkling Wine Revenue by Region (2019-2024)
6.2 APAC Sparkling Wine Sales by Type
6.3 APAC Sparkling Wine Sales by Distribution channel
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Sparkling Wine by Country
7.1.1 Europe Sparkling Wine Sales by Country (2019-2024)
7.1.2 Europe Sparkling Wine Revenue by Country (2019-2024)
7.2 Europe Sparkling Wine Sales by Type
7.3 Europe Sparkling Wine Sales by Distribution channel
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Sparkling Wine by Country
8.1.1 Middle East & Africa Sparkling Wine Sales by Country (2019-2024)
8.1.2 Middle East & Africa Sparkling Wine Revenue by Country (2019-2024)
8.2 Middle East & Africa Sparkling Wine Sales by Type
8.3 Middle East & Africa Sparkling Wine Sales by Distribution channel
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Sparkling Wine
10.3 Manufacturing Process Analysis of Sparkling Wine
10.4 Industry Chain Structure of Sparkling Wine
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Sparkling Wine Distributors
11.3 Sparkling Wine Customer
12 World Forecast Review for Sparkling Wine by Geographic Region
12.1 Global Sparkling Wine Market Size Forecast by Region
12.1.1 Global Sparkling Wine Forecast by Region (2025-2030)
12.1.2 Global Sparkling Wine Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Sparkling Wine Forecast by Type
12.7 Global Sparkling Wine Forecast by Distribution channel
13 Key Players Analysis
13.1 E & J Gallo Winery
13.1.1 E & J Gallo Winery Company Information
13.1.2 E & J Gallo Winery Sparkling Wine Product Portfolios and Specifications
13.1.3 E & J Gallo Winery Sparkling Wine Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 E & J Gallo Winery Main Business Overview
13.1.5 E & J Gallo Winery Latest Developments
13.2 Henkell & Co. Sektkellerei
13.2.1 Henkell & Co. Sektkellerei Company Information
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