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The sparkling wine market size is expected to grow by 14.07 mn L and record a CAGR of 1% during 2020-2024.
This post-pandemic global sparkling wine market report has assessed the shift in consumer behaviour and has identified and explored the upcoming trends and drivers that the vendors can capitalize on to support prompt business decisions. In this sparkling wine market analysis report, key drivers such as emergence of low-abv cocktails have been discussed with emerging growth regions, which will offer immense business opportunities. Our analysts have also identified challenges such as campaigns against alcohol consumption, which will impede the market growth. With these insights, the vendors can recreate their plan of action to obtain growth opportunities in the future.
Browse TOC and LoE with selected illustrations and example pages of Sparkling Wine Market
The sparkling wine market forecast report provides insights on complete key vendor profiles and their business strategies to re/image themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies including:
The sparkling wine market is fragmented and the vendors are deploying various growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
This sparkling wine market report further entails segmentation by product by volume (prosecco, champagne, cava, others) and geography (Europe, North America, APAC, South America, and MEA). View our sample report to gather market insights on the segmentations.
To make the most of the opportunities, vendors should focus on fast-growing segments, while maintaining their positions in the slow-growing segments. Fetch actionable market insights on post COVID-19 impact on each product and service segment.
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The report offers an up-to-date analysis of the geographical composition of the market. Europe had the largest market share in the sparkling wine market in 2020, and the region will offer several growth opportunities to market vendors during the forecast period. The increasing demand for celebration wines will significantly influence biofuels market growth in this region. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
58% of the market’s growth will originate from Europe during the forecast period. Italy, France, Germany, and Spain are the key markets for the sparkling wine market in the region. This report provides estimations of the contribution of all regions to the growth of the sparkling wine market size.
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Sparkling Wine Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2019 |
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Forecast period |
2020-2024 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 1% |
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Market growth 2020-2024 |
14.07 mn L |
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Market structure |
Fragmented |
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YoY growth (%) |
-10.19 |
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Regional analysis |
Europe, North America, APAC, South America, and MEA |
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Performing market contribution |
Europe at 58% |
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Key consumer countries |
Italy, France, Germany, Spain, and US |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
Bacardi Ltd., BODEGAS MARTINEZ LACUESTA SA, Constellation Brands Inc., Contratto srl, Davide Campari-Milano Spa, E. & J Gallo Winery, Giulio Cocchi Spumanti Srl, LVMH Moet Hennessy - Louis Vuitton, Quady Wines, and Treasury Wine Estates Ltd. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product by Volume
Customer landscape
Geographic Landscape by Volume
Vendor Landscape
Vendor Analysis
Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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