Sparkling Wine Market Segments, Size, Share, Growth, Report 2024-2032

The latest report by IMARC Group, titled “Sparkling Wine Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032,” offers a comprehensive analysis of the sparkling wine market report. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.

The global sparkling wine market size reached USD 39.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 66.6 Billion by 2032, exhibiting a growth rate (CAGR) of 5.8% during 2024-2032.

Sparkling Wine Market Trends:

The global market is majorly driven by changing consumer preferences for premium alcoholic beverages. Rising disposable incomes in emerging markets are allowing consumers to explore high-end wines, contributing to this upward trend. Additionally, the increasing popularity of celebratory events where sparkling wine is often served propels demand. Moreover, changing lifestyle trends toward fine dining and casual celebrations are expanding its reach. Furthermore, the development of innovative packaging techniques, making sparkling wines more attractive and convenient, plays a vital role.

Besides, e-commerce platforms have facilitated easy access to a variety of sparkling wines, enhancing their availability globally. Additionally, the strong presence of established brands alongside the rise of niche producers catering to diverse consumer preferences is driving market growth. The growing interest in low-alcohol and organic sparkling wines is broadening the consumer base, appealing to health-conscious individuals.           

Request to Get the Sample Report: https://www.imarcgroup.com/sparkling-wine-market/requestsample

Sparkling Wine Market Scope and Growth Analysis:

The market scope is broadening due to the increasing appeal of wine tourism as wineries across the globe attract consumers who develop a deeper appreciation for sparkling wines. The market’s diversity, with products ranging from affordable to premium categories, offers a wide consumer base. Furthermore, the rise in wine consumption across non-traditional markets, such as Asia-Pacific and Latin America, is broadening the scope of the industry. Shifting consumer preferences toward organic and sustainable wine production are also influencing market dynamics.

Additionally, the influence of social media and online wine communities is shaping consumption patterns and encouraging new trends. The growing use of sparkling wine in cocktails and culinary experiences also factors into its expanding market appeal. As the global demand for luxury experiences continues to rise, sparkling wine is increasingly seen as a status symbol, further widening its market scope.   

Explore Full Report with Table of Contents: https://www.imarcgroup.com/sparkling-wine-market

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

• Accolade Wines
• Bacardi Limited
• Bronco Wine Company
• Casella Family Brands
• Caviro Extra S.p.A.
• Constellation Brands Inc.
• Freixenet Sa (Henkell & Co. Sektkellerei)
• Giulio Cocchi Spumanti Srl
• Illinois Sparkling Co.
• Quady Winery
• Treasury Wine Estates
• Vina Concha Y Toro

Sparkling Wine Market Segmentation:

Our report has categorized the market based on region, type, product, price point and sales channel.

Breakup by Type:

• Red
• Rose
• White

Breakup by Product:

• Cava
• Champagne
• Cremant
• Prosecco
• Others

Breakup by Price Point:

• Economy
• Mid-range
• Luxury

Breakup by Sales Channel:

• Supermarket and Hypermarket
• Specialty Stores
• On Trade
• Others

Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

About Us:

As a global frontrunner in the field of market research, IMARC Group offers invaluable management strategies and in-depth market intelligence. Our collaborative efforts span multiple industries and geographical regions, where we assist clients in exploring substantial opportunities, overcoming critical challenges, and fostering transformative business processes.

Our information products are tailored to meet the needs of business leaders across various high-tech industries, including pharmaceuticals, biotechnology, and advanced materials. We provide comprehensive market forecasts and industry analyses, focusing on sectors such as biotechnology, advanced materials, pharmaceuticals, food and beverage, as well as innovative fields like nanotechnology and novel processing methods, ensuring our clients are well-prepared to lead in their respective fields.

Contact US:

IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: [email protected]
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145