Sparkling Wine Market- Industry Size, Growth and Forecast
The sparkling wine market was valued at US$ 41.64 billion in 2021 and is projected to reach US$ 55.80 billion by 2028; it is expected to grow at a CAGR of 4.3% from 2021 to 2028.
Sparkling wine is a variant of wine with a high carbon dioxide content, which adds additional bubbling to it. Champagne is one of the most widely popular types of sparkling wine. It is the wine manufactured in the Champagne region in France; however, many sparkling winemakers in the US use this name for their locally manufactured products.
In 2020, Europe accounted for the largest share of the sparkling wine market. The European Union (EU) has the largest concentration of sparkling wine producers. According to the Institute of Wine and Vine, the EU accounts for 70–80% share, by volume, of the global manufacturing of sparkling wine since 2000. According to industry experts, Europe exports a greater volume of sparkling wine than still wine in the international markets. The region has a long and illustrious history of winemaking. Wine lovers across the world prefer European sparkling wine owing to their unique flavors, tastes, and preparation methods. Moreover, increasing preference for less alcoholic beverages, growing influence of celebrities on the lifestyles of people, inclination toward convenience food and beverages, and the tradition of popping a bottle of Champagne or sparkling wine during festivities and celebrations, among others, justify the dramatic increase in demand for this category of wine. Europe has a highly established sparkling wine market, which consists of several prominent as well as small distillers.
Sparkling winemakers have been significantly affected by the scarce availability of workers during the COVID-19 pandemic, which hampered their production capacity. In addition, the shutdown of wholesale markets has compelled manufacturers to rely primarily on supermarkets and e-commerce dealers to sell their sparkling wine products. Despite the pandemic, there has been a rise in the sales of rose and sparkling wine.
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Sparkling Wine Market: Strategic Insights
Market Size Value in US$ 41.64 Billion in 2021 Market Size Value by US$ 55.80 Billion by 2028 Growth rate CAGR of 4.3% from 2021-2028 Forecast Period 2021-2028 Base Year 2021
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Sparkling Wine Market: Strategic Insights
Market Size Value in | US$ 41.64 Billion in 2021 |
Market Size Value by | US$ 55.80 Billion by 2028 |
Growth rate | CAGR of 4.3% from 2021-2028 |
Forecast Period | 2021-2028 |
Base Year | 2021 |
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Increase in Popularity of Sparkling Wine
Rapid socioeconomic changes and fast-paced urbanization are bolstering the demand for sparkling wine. With continuous rise in living standards and buying power, customers desire to purchase high-quality, luxurious items. Moreover, their food habits and meal preferences change with these changes in lifestyle. Thus, the demand for sparkling wine in parties, marriages, and social gatherings is on rise. With the growing preference for drinks with low or no alcohol content, the popularity of this wine is increasing among millennials, teenagers, and working populations, and in bachelors and people living in hostels. Furthermore, the widespread use of social media and the Internet is significantly impacting all generations, while rise in number of parties and social events are contributing to the rise in consumption of sparkling wine globally, primarily in developed nations such as the US, Canada, Mexico, Germany, France, and Italy, thereby driving the sparkling wine market growth.
Type Insights
Based on type, the sparkling wine market is segmented into red, white, and rose. In 2020, the white segment accounted for the largest market share. White wine is made with Moscato Bianco grapes from Italy’s Piedmont wine region. Its production is primarily concentrated in Alba and the province of Asti in Northern Italy. The bubbles are caused by natural fermentation, which might occur in the bottle or a big tank. Fermentation occurs when sugar is added to wine and yeast acts on the sugar, generating carbon dioxide. Bubbles are formed in the wine as a result of the trapped carbon dioxide inside an enclosed environment.
Bacardi & Company Limited; Bronco Wine Co.; Casella; Constellation Brands, Inc.; Henkell Freixenet; Chandon; Schramsberg Wineyards; Pernod Ricard Winemakers; The Sparkling Wine Co.; Treasury Wine Estates Ltd; Bottega Spa; Campari Group; and Codorniu are among the key players in the sparkling wine market.
Sparkling Wine Market Report Scope
Report Spotlights
- Progressive industry trends in the global sparkling wine market to help players develop effective long-term strategies
- Business growth strategies adopted by companies in developed and developing markets
- Quantitative analysis of the global sparkling wine market from 2019 to 2028
- Estimation of the demand for sparkling wine from consumers
- PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict market growth
- Recent developments to understand the competitive market scenario and the demand for sparkling wine
- Market trends and outlook coupled with factors driving and restraining the growth of the sparkling wine market
- Understanding on strategies that underpin commercial interest in the market, thus assisting in decision-making process for the market players
- Sparkling wine market size at various nodes of market
- Detailed overview and segmentation of the global sparkling wine market, as well as its industry dynamics
- Sparkling wine market size in various regions with promising growth opportunities
Sparkling Wine Market, by Type
- White
- Red
- Rose
Sparkling Wine Market, by Packaging Type
- Bottles
- Cans
Sparkling Wine Market, by Distribution Channel
- Supermarkets and Hypermarkets
- Specialty Stores
- Online Retail
- Others
Company Profiles
- Bacardi and Company Limited
- Bronco Wine Co.
- Casella
- Constellation Brands, Inc.
- Henkell Freixenet
- Schramsberg Wineyards
- Pernod Ricard Winemakers
- The Sparkling Wine Co.
- Treasury Wine Estates Ltd
- Chandon
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type , Packaging Type , and Distribution Channel
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
Cans segment accounted for a minor share in 2020. Bottles re the most preferred type of packaging among sparkling wine consumers and manufacturers alike. However, cans can be used for single-serve and the recyclability has interested the eco-friendly consumers. Moreover, the young population that do not wish to buy an entire bottle are another target group expected to aid the growth of the cans segment over the forecast period.
Asia Pacific region accounts for a significant share of the global population and the rising disposable incomes and urbanization have contributed to the growth of the sparkling wine market in the region. The per capita consumption of wine is significantly low in the countries of Asia Pacific with respect to the western countries and this represents a significant potential for sparkling wine manufacturers. Moreover, interest in different varieties of sparkling wine from the countries such as China and India have also grown in the recent years.
Supermarkets and hypermarkets accounted for the largest share of the sparkling wine market in terms of distribution channel. The high footfall in supermarkets and hypermarkets makes it easier for sparkling wine manufacturers to target a wider customer base. The sparkling wine manufacturers mainly focus on selling sparkling wine via supermarkets and hypermarkets as they can enjoy the benefits of nationwide or area wide coverage and hence, generate a larger volume of sales.
Rose segment has been witnessing increasing popularity in recent years across the globe. Its distinct taste and color have increased its appeal among the population. Although it is a smaller category with respect to white, the segment has been registering significant growth in recent years.
The major players operating in the global sparkling wine market are Bacardi & Company Limited; Bronco Wine Co.; Casella; Constellation Brands, Inc.; Henkell Freixenet; Chandon; Schramsberg Wineyards; Pernod Ricard Winemakers; The Sparkling Wine Co.; Treasury Wine Estates Ltd; Bottega Spa; Campari Group; and Codorniu among many others.
Sparkling wines are widely consumed across the globe, especially in western countries. They are available in bottles and cans, although they are mostly purchased in bottles.
Based, on type, the sparkling wine market is segmented into white, red, and rose. Packaging type segmentation includes bottles, and cans. Based on distribution channel, the global sparkling wine market is segmented into supermarkets and hypermarkets, specialty stores, online retial, and others.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
3.2.8 Limitations and Assumptions:
4. Sparkling Wine Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Sparkling Wine Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increase in Popularity of Sparkling Wine
5.1.2 Surge in Number Of Wineries
5.2 Restraints:
5.2.1 Stringent Government Policies and Regulations
5.3 Opportunities:
5.3.1 Acceptance of Alcoholic Beverages in Developing Countries
5.4 Future Trends:
5.4.1 Innovations in Sparkling Wine Production
5.5 Impact Analysis of Drivers and Restraint
6. Sparkling Wine – Global Market Analysis
6.1 Sparkling Wine Market Overview
6.2 Sparkling Wine Market – Revenue Forecasts to 2028 (US$ Million)
6.3 Market Positioning
7. Sparkling Wine Market Analysis – By Type
7.1 Overview
7.2 Sparkling Wine Market, By Type (2020 and 2028)
7.3 White
7.3.1 Overview
7.3.2 White : Sparkling Wine Market – Revenue and Forecast to 2028 (US$ Mn)
7.4 Red
7.4.1 Overview
7.4.2 Red: Sparkling Wine Market – Revenue and Forecast to 2028 (US$ Mn)
7.5 Rose
7.5.1 Overview
7.5.2 Rose: Sparkling Wine Market – Revenue and Forecast to 2028 (US$ Mn)
8. Sparkling Wine Market Analysis – By Packaging Type
8.1 Overview
8.2 Sparkling Wine Market, By Packaging type (2020 and 2028)
8.3 Bottles
8.3.1 Overview
8.3.2 Bottles : Sparkling Wine Market – Revenue and Forecast to 2028 (US$ Mn)
8.4 Cans
8.4.1 Overview
8.4.2 Cans: Sparkling Wine Market, Revenue And Forecast To 2028 (US$ Mn)
9. Sparkling Wine Market Analysis – By Distribution Channel
9.1 Overview
9.2 Sparkling Wine Market, By Application (2020 and 2028)
9.3 Supermarkets and Hypermarkets
9.3.1 Overview
9.3.2 Supermarkets and Hypermarkets : Sparkling Wine Market – Revenue and Forecast To 2028 (USD Million)
9.4 Specialty Stores
9.4.1 Overview
9.4.2 Specialty Stores : Sparkling Wine Market – Revenue and Forecast To 2028 (USD Million)
9.5 Online Retail
9.5.1 Overview
9.5.2 Online Retail : Sparkling Wine Market – Revenue and Forecast To 2028 (USD Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: Sparkling Wine Market – Revenue and Forecast To 2028 (USD Million)
10. Sparkling Wine Market – Geographic Analysis
10.1 Overview
10.2 North America: Sparkling Wine Market
10.2.1 North America: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
10.2.2 North America: Sparkling Wine Market, by Type
10.2.3 North America: Sparkling Wine Market, by Packaging Type
10.2.4 North America: Sparkling Wine Market, by Distribution Channel
10.2.5 North America: Sparkling Wine Market, by Key Country
10.2.5.1 US: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
10.2.5.1.1 US: Sparkling Wine Market, by Type
10.2.5.1.2 US: Sparkling Wine Market, by Packaging Type
10.2.5.1.3 US: Sparkling Wine Market, by Distribution Channel
10.2.5.2 Canada: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
10.2.5.2.1 Canada: Sparkling Wine Market, by Type
10.2.5.2.2 Canada: Sparkling Wine Market, by Packaging Type
10.2.5.2.3 Canada: Sparkling Wine Market, by Distribution Channel
10.2.5.3 Mexico: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
10.2.5.3.1 Mexico: Sparkling Wine Market, by Type
10.2.5.3.2 Mexico: Sparkling Wine Market, by Packaging Type
10.2.5.3.3 Mexico: Sparkling Wine Market, by Distribution Channel
10.3 Europe: Sparkling Wine Market
10.3.1 Europe: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
10.3.2 Europe: Sparkling Wine Market, by Type
10.3.3 Europe: Sparkling Wine Market, by Packaging Type
10.3.4 Europe: Sparkling Wine Market, by Distribution Channel
10.3.5 Europe: Sparkling Wine Market, by Key Country
10.3.5.1 Germany: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
10.3.5.1.1 Germany: Sparkling Wine Market, by Type
10.3.5.1.2 Germany: Sparkling Wine Market, by Packaging Type
10.3.5.1.3 Germany: Sparkling Wine Market, by Distribution Channel
10.3.5.2 France: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
10.3.5.2.1 France: Sparkling Wine Market, by Type
10.3.5.2.2 France: Sparkling Wine Market, by Packaging Type
10.3.5.2.3 France: Sparkling Wine Market, by Distribution Channel
10.3.5.3 Italy: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
10.3.5.3.1 Italy: Sparkling Wine Market, by Type
10.3.5.3.2 Italy: Sparkling Wine Market, by Packaging Type
10.3.5.3.3 Italy: Sparkling Wine Market, by Distribution Channel
10.3.5.4 United Kingdom: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
10.3.5.4.1 United Kingdom: Sparkling Wine Market, by Type
10.3.5.4.2 United Kingdom: Sparkling Wine Market, by Packaging Type
10.3.5.4.3 United Kingdom: Sparkling Wine Market, by Distribution Channel
10.3.5.5 Russia: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
10.3.5.5.1 Russia: Sparkling Wine Market, by Type
10.3.5.5.2 Russia: Sparkling Wine Market, by Packaging Type
10.3.5.5.3 Russia: Sparkling Wine Market, by Distribution Channel
10.3.5.6 Rest of Europe: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
10.3.5.6.1 Rest of Europe: Sparkling Wine Market, by Type
10.3.5.6.2 Rest of Europe: Sparkling Wine Market, by Packaging Type
10.3.5.6.3 Rest of Europe: Sparkling Wine Market, by Distribution Channel
10.4 Asia Pacific: Sparkling Wine Market
10.4.1 Asia Pacific: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
10.4.2 Asia Pacific: Sparkling Wine Market, by Type
10.4.3 Asia Pacific: Sparkling Wine Market, by Packaging Type
10.4.4 Asia Pacific: Sparkling Wine Market, by Distribution Channel
10.4.5 Asia Pacific: Sparkling Wine Market, by Key Country
10.4.5.1 Australia: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.1.1 Australia: Sparkling Wine Market, by Type
10.4.5.1.2 Australia: Sparkling Wine Market, by Packaging Type
10.4.5.1.3 Australia: Sparkling Wine Market, by Distribution Channel
10.4.5.2 China: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.2.1 China: Sparkling Wine Market, by Type
10.4.5.2.2 China: Sparkling Wine Market, by Packaging Type
10.4.5.2.3 China: Sparkling Wine Market, by Distribution Channel
10.4.5.3 India: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.3.1 India: Sparkling Wine Market, by Type
10.4.5.3.2 India: Sparkling Wine Market, by Packaging Type
10.4.5.3.3 India: Sparkling Wine Market, by Distribution Channel
10.4.5.4 Japan: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.4.1 Japan: Sparkling Wine Market, by Type
10.4.5.4.2 Japan: Sparkling Wine Market, by Packaging Type
10.4.5.4.3 Japan: Sparkling Wine Market, by Distribution Channel
10.4.5.5 South Korea: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.5.1 South Korea: Sparkling Wine Market, by Type
10.4.5.5.2 South Korea: Sparkling Wine Market, by Packaging Type
10.4.5.5.3 South Korea: Sparkling Wine Market, by Distribution Channel
10.4.5.6 Rest of Asia Pacific: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.6.1 Rest of Asia Pacific: Sparkling Wine Market, by Type
10.4.5.6.2 Rest of Asia Pacific: Sparkling Wine Market, by Packaging Type
10.4.5.6.3 Rest of Asia Pacific: Sparkling Wine Market, by Distribution Channel
10.5 Middle East and Africa: Sparkling Wine Market
10.5.1 Middle East and Africa: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
10.5.2 Middle East and Africa: Sparkling Wine Market, by Type
10.5.3 Middle East and Africa: Sparkling Wine Market, by Packaging Type
10.5.4 Middle East and Africa Sparkling Wine Market, by Packaging Type– Revenue and Forecast to 2028 (USD Million)
10.5.5 Middle East and Africa: Sparkling Wine Market, by Distribution Channel
10.5.6 Middle East and Africa Sparkling Wine Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
10.5.7 Middle East and Africa: Sparkling Wine Market, by Key Country
10.6 South America: Sparkling Wine Market
10.6.5 South America: Sparkling Wine Market, by Key Country
10.6.5.1 Brazil: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
10.6.5.1.1 Brazil: Sparkling Wine Market, by Type
10.6.5.1.2 Brazil: Sparkling Wine Market, by Packaging Type
10.6.5.1.3 Brazil: Sparkling Wine Market, by Packaging Type
10.6.5.2 Argentina: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
10.6.5.2.1 Argentina: Sparkling Wine Market, by Type
10.6.5.2.2 Argentina: Sparkling Wine Market, by Packaging Type
10.6.5.2.3 Argentina: Sparkling Wine Market, by Distribution Channel
10.6.5.3 Rest of South America: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
10.6.5.3.1 Rest of South America: Sparkling Wine Market, by Type
10.6.5.3.2 Rest of South America: Sparkling Wine Market, by Packaging Type
10.6.5.3.3 Rest of South America: Sparkling Wine Market, by Distribution Channel
11. Impact of COVID-19 Pandemic on Sparkling Wine Market
11.1 Overview
11.2 North America: Impact Assessment of COVID-19 Pandemic
11.3 Europe: Impact Assessment of COVID-19 Pandemic
11.4 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
11.5 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
12. Company Profiles
12.1 Bacardi and Company Limited
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Bronco Wine Co.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Casella
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Constellation Brands, Inc.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Henkell Freixenet
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Schramsberg Wineyards
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Pernod Ricard Winemakers
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 The Sparkling Wine Co.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Treasury Wine Estates Ltd
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Chandon
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. Sparkling Wine Market –Revenue Forecast to 2028 (US$ Million)
Table 2. North America Sparkling Wine Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 3. North America Sparkling Wine Market, by Packaging Type– Revenue and Forecast to 2028 (USD Million)
Table 4. North America Sparkling Wine Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 5. US Sparkling Wine Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 6. US Sparkling Wine Market, by Packaging Type – Revenue and Forecast to 2028 (USD Million)
Table 7. US Sparkling Wine Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 8. Canada: Sparkling Wine Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 9. Canada Sparkling Wine Market, by Packaging Type – Revenue and Forecast to 2028 (USD Million)
Table 10. Canada Sparkling Wine Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 11. Mexico Sparkling Wine Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 12. Mexico Sparkling Wine Market, by Packaging Type – Revenue and Forecast to 2028 (USD Million)
Table 13. Mexico Sparkling Wine Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 14. Europe Sparkling Wine Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 15. Europe Sparkling Wine Market, by Packaging Type – Revenue and Forecast to 2028 (USD Million)
Table 16. Europe Sparkling Wine Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 17. Germany Sparkling Wine Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 18. Germany Sparkling Wine Market, by Packaging Type – Revenue and Forecast to 2028 (USD Million)
Table 19. Germany Sparkling Wine Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 20. France Sparkling Wine Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 21. France Sparkling Wine Market, by Packaging Type– Revenue and Forecast to 2028 (USD Million)
Table 22. France Sparkling Wine Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 23. Italy Sparkling Wine Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 24. Italy Sparkling Wine Market, by Packaging Type – Revenue and Forecast to 2028 (USD Million)
Table 25. Italy Sparkling Wine Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 26. United Kingdom Sparkling Wine Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 27. United Kingdom Sparkling Wine Market, by Packaging Type– Revenue and Forecast to 2028 (USD Million)
Table 28. United Kingdom Sparkling Wine Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 29. Russia Sparkling Wine Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 30. Russia Sparkling Wine Market, by Packaging Type – Revenue and Forecast to 2028 (USD Million)
Table 31. Russia Sparkling Wine Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 32. Rest of Europe Sparkling Wine Market, by Type– Revenue and Forecast to 2028 (USD Million)
Table 33. Rest of Europe Sparkling Wine Market, by Packaging Type – Revenue and Forecast to 2028 (USD Million)
Table 34. Rest of Europe Sparkling Wine Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 35. Asia Pacific Sparkling Wine Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 36. Asia Pacific Sparkling Wine Market, by Packaging Type– Revenue and Forecast to 2028 (USD Million)
Table 37. Asia Pacific Sparkling Wine Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 38. Australia Sparkling Wine Market, by Type– Revenue and Forecast to 2028 (USD Million)
Table 39. Australia Sparkling Wine Market, by Packaging Type– Revenue and Forecast to 2028 (USD Million)
Table 40. Australia Sparkling Wine Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 41. China Sparkling Wine Market, by Type– Revenue and Forecast to 2028 (USD Million)
Table 42. China Sparkling Wine Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 43. India Sparkling Wine Market, by Type– Revenue and Forecast to 2028 (USD Million)
Table 44. India Sparkling Wine Market, by Packaging Type– Revenue and Forecast to 2028 (USD Million)
Table 45. India Sparkling Wine Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 46. Japan Sparkling Wine Market, by Type– Revenue and Forecast to 2028 (USD Million)
Table 47. Japan Sparkling Wine Market, by Packaging Type– Revenue and Forecast to 2028 (USD Million)
Table 48. Japan Sparkling Wine Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 49. South Korea Sparkling Wine Market, by Type– Revenue and Forecast to 2028 (USD Million)
Table 50. South Korea Sparkling Wine Market, by Packaging Type– Revenue and Forecast to 2028 (USD Million)
Table 51. South Korea Sparkling Wine Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 52. Rest of Asia Pacific Sparkling Wine Market, by Type– Revenue and Forecast to 2028 (USD Million)
Table 53. Rest of Asia Pacific Sparkling Wine Market, by Packaging Type– Revenue and Forecast to 2028 (USD Million)
Table 54. Rest of Asia Pacific Sparkling Wine Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 55. Middle East and Africa Sparkling Wine Market, by Type– Revenue and Forecast to 2028 (USD Million)
Table 56. Middle East and Africa Sparkling Wine Market, by Packaging Type – Revenue and Forecast to 2028 (USD Million)
Table 57. Middle East and Africa Sparkling Wine Market, by Packaging Type – Revenue and Forecast to 2028 (USD Million)
Table 58. South Africa Sparkling Wine Market, by Type– Revenue and Forecast to 2028 (USD Million)
Table 59. South Africa Sparkling Wine Market, by Packaging Type– Revenue and Forecast to 2028 (USD Million)
Table 60. South Africa Sparkling Wine Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 61. UAE Sparkling Wine Market, by Type– Revenue and Forecast to 2028 (USD Million)
Table 62. UAE Sparkling Wine Market, by Packaging Type– Revenue and Forecast to 2028 (USD Million)
Table 63. UAE Sparkling Wine Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 64. Rest of MEA Sparkling Wine Market, by Type– Revenue and Forecast to 2028 (USD Million)
Table 65. Rest of MEA Sparkling Wine Market, by Packaging Type– Revenue and Forecast to 2028 (USD Million)
Table 66. Rest of MEA Sparkling Wine Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 67. South America Sparkling Wine Market, by Type– Revenue and Forecast to 2028 (USD Million)
Table 68. South America Sparkling Wine Market, by Packaging Type– Revenue and Forecast to 2028 (USD Million)
Table 69. South America Sparkling Wine Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 70. Brazil Sparkling Wine Market, by Type– Revenue and Forecast to 2028 (USD Million)
Table 71. Brazil Sparkling Wine Market, by Packaging Type– Revenue and Forecast to 2028 (USD Million)
Table 72. Brazil Sparkling Wine Market, by Packaging Type– Revenue and Forecast to 2028 (USD Million)
Table 73. Argentina Sparkling Wine Market, by Type– Revenue and Forecast to 2028 (USD Million)
Table 74. Argentina Sparkling Wine Market, by Packaging Type– Revenue and Forecast to 2028 (USD Million)
Table 75. Argentina Sparkling Wine Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 76. Rest of South America Sparkling Wine Market, by Type– Revenue and Forecast to 2028 (USD Million)
Table 77. Rest of South America Sparkling Wine Market, by Packaging Type – Revenue and Forecast to 2028 (USD Million)
Table 78. Rest of South America Sparkling Wine Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 79. List of Abbreviation
LIST OF FIGURES
Figure 1. Sparkling Wine Market Segmentation
Figure 2. Sparkling Wine Market Segmentation – By Geography
Figure 3. Global Sparkling Wine Market Overview
Figure 4. White Segment Held Largest Share of Global Sparkling Wine Market
Figure 5. Europe Region Held Largest Share of Global Sparkling Wine Market
Figure 6. Porter’s Five Forces Analysis
Figure 7. Expert Opinion
Figure 8. Sparkling Wine Market Impact Analysis of Driver and Restraint
Figure 9. Geographic Overview of Sparkling Wine Market
Figure 10. Global: Sparkling Wine Market – Revenue Forecast to 2028 (US$ Million)
Figure 11. Sparkling Wine Market Revenue Share, By Type (2020 and 2028)
Figure 12. White: Sparkling Wine Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 13. Red : Sparkling Wine Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 14. Rose: Sparkling Wine Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 15. Sparkling Wine Market Revenue Share, By Packaging Type (2020 and 2028)
Figure 16. Bottles: Sparkling Wine Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 17. Cans: Sparkling Wine Market, Revenue And Forecast To 2028 (US$ Mn)
Figure 18. Sparkling Wine Market Revenue Share, By Application (2020 and 2028)
Figure 19. Supermarkets and Hypermarkets: Sparkling Wine Market – Revenue and Forecast To 2028 (USD Million)
Figure 20. Specialty Stores: Sparkling Wine Market – Revenue and Forecast To 2028 (USD Million)
Figure 21. Online Retail: Sparkling Wine Market – Revenue and Forecast To 2028 (USD Million)
Figure 22. Others: Sparkling Wine Market – Revenue and Forecast To 2028 (USD Million)
Figure 23. Global Sparkling Wine Market Revenue Share, by Region (2020 and 2028)
Figure 24. North America: Sparkling Wine Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. North America: Sparkling Wine Market Revenue Share, by Type (2020 and 2028)
Figure 26. North America: Sparkling Wine Market Revenue Share, by Packaging Type (2020 and 2028)
Figure 27. North America: Sparkling Wine Market Revenue Share, by Distribution Channel (2020 and 2028)
Figure 28. North America: Sparkling Wine Market Revenue Share, by Key Country (2020 and 2028)
Figure 29. US: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
Figure 30. Canada: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
Figure 31. Mexico: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
Figure 32. Europe: Sparkling Wine Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. Europe: Sparkling Wine Market Revenue Share, by Type (2020 and 2028)
Figure 34. Europe: Sparkling Wine Market Revenue Share, by Packaging Type (2020 and 2028)
Figure 35. Europe: Sparkling Wine Market Revenue Share, by Distribution Channel (2020 and 2028)
Figure 36. Europe: Sparkling Wine Market Revenue Share, by Key Country (2020 and 2028)
Figure 37. Germany: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
Figure 38. France: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
Figure 39. Italy: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
Figure 40. United Kingdom: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
Figure 41. Russia: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
Figure 42. Rest of Europe: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
Figure 43. Asia Pacific: Sparkling Wine Market – Revenue and Forecast to 2028 (US$ Million)
Figure 44. Asia Pacific: Sparkling Wine Market Revenue Share, by Type(2020 and 2028)
Figure 45. Asia Pacific: Sparkling Wine Market Revenue Share, by Distribution Channel (2020 and 2028)
Figure 46. Asia Pacific: Sparkling Wine Market Revenue Share, by Key Country (2020 and 2028)
Figure 47. Australia: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
Figure 48. China: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
Figure 49. India: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
Figure 50. Japan: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
Figure 51. South Korea: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
Figure 52. Rest of Asia Pacific: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
Figure 53. Middle East and Africa: Sparkling Wine Market – Revenue and Forecast to 2028 (US$ Million)
Figure 54. Middle East and Africa: Sparkling Wine Market Revenue Share, by Type(2020 and 2028)
Figure 55. Middle East and Africa: Sparkling Wine Market Revenue Share, by Packaging Type(2020 and 2028)
Figure 56. Middle East and Africa: Sparkling Wine Market Revenue Share, by Distribution Channel (2020 and 2028)
Figure 57. Middle East and Africa: Sparkling Wine Market Revenue Share, by Key Country (2020 and 2028)
Figure 58. South Africa: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
Figure 59. UAE : Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
Figure 60. Rest of MEA: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
Figure 61. South America: Sparkling Wine Market – Revenue and Forecast to 2028 (US$ Million)
Figure 62. South America: Sparkling Wine Market Revenue Share, by Type(2020 and 2028)
Figure 63. South America: Sparkling Wine Market Revenue Share, by Packaging Type(2020 and 2028)
Figure 64. South America: Sparkling Wine Market Revenue Share, by Distribution Channel (2020 and 2028)
Figure 65. South America: Sparkling Wine Market Revenue Share, by Key Country (2020 and 2028)
Figure 66. Brazil: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
Figure 67. Argentina: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
Figure 68. Rest of South America: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
Figure 69. Impact of COVID-19 Pandemic in North American Country Markets
Figure 70. Impact of COVID-19 Pandemic in Europe Country Markets
Figure 71. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
Figure 72. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets
Figure 73. Impact of COVID-19 Pandemic in South America Country Markets
The List of Companies - Sparkling Wine Market
- Bacardi and Company Limited
- Bronco Wine Co.
- Casella
- Constellation Brands, Inc.
- Henkell Freixenet
- Schramsberg Wineyards
- Pernod Ricard Winemakers
- The Sparkling Wine Co.
- Treasury Wine Estates Ltd
- Chandon
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.