Product Code: MRFR/F-B & N/5084-CR
Market Overview
The sparkling Wine Market is anticipated to register a notable CAGR of 8.4% during the forecast period. The rising number of winery brands, expanding interest in promotion and marketing of the sparkling wine via web-based entertainment and different stages by the players, and expanding attention to the medical advantages of sparkling wine are the vital driving elements for the development of the global market.
Liquor purchasers favor sparkling wine over other liquor items for various events and gatherings, inferable from the pattern of premiumization. A few created nations like France, Spain, Italy, Germany, and the US are the significant makers as well as significant customers of sparkling wine. These unmistakable wine-creating nations are trading wine to the rest of the world.
Market Segmentation
Based on the category, the market has been segmented into white, rose, and red. Based on the distribution channel, the market has been segmented into food services and retail. The Sparkling Wine Market segmentation, based on the type, has been segmented into champagne, cava, and others.
Regional Analysis
The North America sparkling wine market is supposed to extend at a powerful rate over the extended period, as indicated by Market Exploration Future. North America includes the US, Canada, and Mexico. There has been an ascent in the utilization of sparkling wine across the regionThe utilization of sparkling wine for ordinary meetups and different festivals has impelled the market development. Besides, the developing tendency towards the utilization of refreshments with low liquor content and expanding well-being mindfulness among individuals is supposed to drive the sparkling wine market in the region.
Europe's sparkling wine market represents the second biggest market share starting around 2020. The element answerable for the development of the market is the rising crisis of low-ABV (liquor by volume) mixed drinks. Europe holds the biggest portion of sparkling wine attributable to the conventional utilization of wine in events, gatherings, and festivities. This has flooded the fame of sparkling wine among shoppers.
The Asia-Pacific sparkling wine market is supposed to become the quickest during the conjecture time frame. The rising style of polishing off sparkling wine at gatherings and occasions in the region has helped the interest for the market. Further, the tendency towards drinking wine in emerging nations in the region has moved the interest for the market.
The Rest of the World incorporates South America, the Center East, and Africa. The adjustment of ways of life in this region has encouraged an interest for the sparkling wine market. The developing urbanization and quickly advancing financial system have upgraded the development of the sparkling wine market. South America's sparkling wine market is developing for a huge scope.
Major Players
Key Companies in the Sparkling Wine Market Include Illinois Sparkling Co., The Sparkling Wine Co, California Champagnes, Treasury Wine Estates Ltd (TWE), Freixenet, E. & J. Gallo Winery, Constellation Brands, Inc., Bronco Wine Company, Pernod Richard, and LVMH.
TABLE OF CONTENTS
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 13
- 1.1 MARKET ATTRACTIVENESS ANALYSIS 16
2 MARKET INTRODUCTION 19
- 2.1 DEFINITION 19
- 2.2 SCOPE OF THE STUDY 19
- 2.3 RESEARCH OBJECTIVE 19
- 2.4 MARKET STRUCTURE 20
3 RESEARCH METHODOLOGY 21
4 MARKET DYNAMICS 28
- 4.1 OVERVIEW 28
- 4.2 DRIVERS 29
- 4.2.1 RISING NUMBER OF WINERY BRANDS 29
- 4.2.2 INCREASING AWARENESS OF THE HEALTH BENEFITS OF SPARKLING WINE 29
- 4.2.3 DRIVERS IMPACT ANALYSIS 30
- 4.3 RESTRAINTS 30
- 4.3.1 SURGING DEMAND FOR NON-ALCOHOLIC BEVERAGES 30
- 4.4 OPPORTUNITIES 31
- 4.4.1 ADOPTION OF GROWTH STRATEGIES 31
- 4.4.2 EMERGING MARKETS TO PROVIDE LUCRATIVE OPPORTUNITIES 32
- 4.5 CHALLENGES 32
- 4.5.1 SUPPLY CHAIN AND TRANSPORTATION BARRIERS 32
5 MARKET FACTOR ANALYSIS 33
- 5.1 VALUE CHAIN ANALYSIS 33
- 5.1.1 UPSTREAM 33
- 5.1.1.1 RAW MATERIAL PLANNING & PROCUREMENT 33
- 5.1.1.2 SUPPLY CHAIN PROCESSING 34
- 5.1.1.3 QUALITY CHECK & PACKAGING 34
- 5.1.1.4 LABELING 34
- 5.1.2 DOWNSTREAM 34
- 5.1.3 TRANSPORT STORAGE & TRADE 34
- 5.1.3.1 MARKETING 34
- 5.1.3.2 END-USER 34
- 5.2 SUPPLY CHAIN ANALYSIS 35
- 5.2.1 RAW MATERIAL PROCUREMENT 35
- 5.2.2 PROCESSING 35
- 5.2.3 PACKAGING 35
- 5.3 PORTER'S FIVE FORCES MODEL 36
- 5.3.1 THREAT OF NEW ENTRANTS 37
- 5.3.2 BARGAINING POWER OF SUPPLIERS 37
- 5.3.3 THREAT OF SUBSTITUTES 37
- 5.3.4 BARGAINING POWER OF BUYERS 37
- 5.3.5 INTENSITY OF RIVALRY 37
- 5.4 COVID-19 IMPACT ON THE SPARKLING WINE MARKET 38
- 5.4.1 IMPACT ON SUPPLY CHAIN 38
- 5.4.2 IMPACT ON PRICING 38
- 5.4.3 IMPACT ON PRODUCTION 38
- 5.4.4 IMPACT ON CONSUMER BUYING BEHAVIOR 38
- 5.4.5 IMPACT ON FOOD SERVICES 39
6 GLOBAL SPARKLING WINE, BY TYPE 40
- 6.1 OVERVIEW 40
- 6.2 CHAMPAGNE 41
- 6.3 CAVA 41
- 6.4 OTHERS 41
7 GLOBAL SPARKLING WINE MARKET, BY CATEGORY 42
- 7.1 OVERVIEW 42
- 7.2 WHITE 43
- 7.3 ROSE 43
- 7.4 RED 43
8 GLOBAL SPARKLING WINE MARKET, BY DISTRIBUTION CHANNEL 44
- 8.1 OVERVIEW 44
- 8.2 FOOD SERVICE 45
- 8.3 RETAIL 45
- 8.3.1 SUPERMARKETS & HYPERMARKETS 45
- 8.3.2 SPECIALTY STORES 45
- 8.3.3 OTHERS 45
9 GLOBAL SPARKLING WINE MARKET, BY REGION 47
- 9.1 OVERVIEW 47
- 9.1.1 GLOBAL SPARKLING WINE MARKET, BY REGION, 2019-2028 48
- 9.2 NORTH AMERICA 49
- 9.2.1 NORTH AMERICA: SPARKLING WINE MARKET, BY COUNTRY, 2019-2028 49
- 9.2.2 NORTH AMERICA: SPARKLING WINE MARKET, BY TYPE, 2019-2028 50
- 9.2.3 US 51
- 9.2.4 CANADA 52
- 9.2.5 MEXICO 53
- 9.3 EUROPE 55
- 9.3.1 EUROPE: SPARKLING WINE MARKET, BY COUNTRY, 2019-2028 55
- 9.3.2 EUROPE: SPARKLING WINE MARKET, BY TYPE, 2019-2028 56
- 9.3.3 GERMANY 57
- 9.3.4 UK 58
- 9.3.5 FRANCE 59
- 9.3.6 SPAIN 60
- 9.3.7 ITALY 62
- 9.3.8 REST OF EUROPE 63
- 9.4 ASIA-PACIFIC 65
- 9.4.1 ASIA-PACIFIC: SPARKLING WINE MARKET, BY COUNTRY, 2019-2028 65
- 9.4.2 ASIA-PACIFIC: SPARKLING WINE MARKET, BY TYPE, 2019-2028 66
- 9.4.3 CHINA 67
- 9.4.4 JAPAN 68
- 9.4.5 INDIA 69
- 9.4.6 AUSTRALIA & NEW ZEALAND 71
- 9.4.7 REST OF ASIA-PACIFIC 72
- 9.5 REST OF THE WORLD 74
- 9.5.1 REST OF THE WORLD: SPARKLING WINE MARKET, BY COUNTRY, 2019-2028 74
- 9.5.2 REST OF THE WORLD: SPARKLING WINE MARKET, BY TYPE, 2019-2028 74
- 9.5.3 SOUTH AMERICA 76
- 9.5.4 MIDDLE EAST 77
- 9.5.5 AFRICA 78
10 COMPETITIVE LANDSCAPE 80
- 10.1 COMPETITIVE OVERVIEW 80
- 10.2 VENDOR SHARE ANALYSIS 80
- 10.3 COMPETITIVE BENCHMARKING 81
- 10.4 KEY DEVELOPMENTS & GROWTH STRATEGIES 82
- 10.4.1 NEW PRODUCT LAUNCH/ DEPLOYMENT 82
- 10.4.2 PARTNERSHIPS/AGREEMENTS/ ACQUISITION /BUSINESS EXPANSION 82
11 COMPANY PROFILES 83
- 11.1 ILLINOIS SPARKLING CO. 83
- 11.1.1 COMPANY OVERVIEW 83
- 11.1.2 FINANCIAL OVERVIEW 83
- 11.1.3 PRODUCTS OFFERED 83
- 11.1.4 KEY DEVELOPMENTS 83
- 11.1.5 SWOT ANALYSIS 84
- 11.1.6 KEY STRATEGIES 84
- 11.2 THE SPARKLING WINE CO 85
- 11.2.1 COMPANY OVERVIEW 85
- 11.2.2 FINANCIAL OVERVIEW 85
- 11.2.3 PRODUCTS OFFERED 85
- 11.2.4 KEY DEVELOPMENTS 85
- 11.2.5 SWOT ANALYSIS 86
- 11.2.6 KEY STRATEGIES 86
- 11.3 CALIFORNIA CHAMPAGNES 87
- 11.3.1 COMPANY OVERVIEW 87
- 11.3.2 FINANCIAL OVERVIEW 87
- 11.3.3 PRODUCTS OFFERED 87
- 11.3.4 KEY DEVELOPMENTS 87
- 11.3.5 SWOT ANALYSIS 88
- 11.3.6 KEY STRATEGIES 88
- 11.4 TREASURY WINE ESTATES LTD (TWE) 89
- 11.4.1 COMPANY OVERVIEW 89
- 11.4.2 FINANCIAL OVERVIEW 89
- 11.4.3 PRODUCTS OFFERED 90
- 11.4.4 KEY DEVELOPMENTS 90
- 11.4.5 SWOT ANALYSIS 91
- 11.4.6 KEY STRATEGIES 91
- 11.5 FREIXENET 92
- 11.5.1 COMPANY OVERVIEW 92
- 11.5.2 FINANCIAL OVERVIEW 92
- 11.5.3 PRODUCTS OFFERED 92
- 11.5.4 KEY DEVELOPMENTS 92
- 11.5.5 SWOT ANALYSIS 93
- 11.5.6 KEY STRATEGIES 93
- 11.6 E. & J. GALLO WINERY 94
- 11.6.1 COMPANY OVERVIEW 94
- 11.6.2 FINANCIAL OVERVIEW 94
- 11.6.3 PRODUCTS OFFERED 94
- 11.6.4 KEY DEVELOPMENTS 94
- 11.6.5 SWOT ANALYSIS 95
- 11.6.6 KEY STRATEGIES 95
- 11.7 CONSTELLATION BRANDS, INC. 96
- 11.7.1 COMPANY OVERVIEW 96
- 11.7.2 FINANCIAL OVERVIEW 97
- 11.7.3 PRODUCTS OFFERED 97
- 11.7.4 KEY DEVELOPMENTS 98
- 11.7.5 SWOT ANALYSIS 98
- 11.7.6 KEY STRATEGIES 98
- 11.8 BRONCO WINE COMPANY 99
- 11.8.1 COMPANY OVERVIEW 99
- 11.8.2 FINANCIAL OVERVIEW 99
- 11.8.3 PRODUCTS OFFERED 99
- 11.8.4 KEY DEVELOPMENTS 100
- 11.8.5 SWOT ANALYSIS 100
- 11.8.6 KEY STRATEGIES 100
- 11.9 PERNOD RICHARD 101
- 11.9.1 COMPANY OVERVIEW 101
- 11.9.2 FINANCIAL OVERVIEW 102
- 11.9.3 PRODUCTS OFFERED 102
- 11.9.4 KEY DEVELOPMENTS 103
- 11.9.5 KEY STRATEGIES 103
- 11.10 LVMH 104
- 11.10.1 COMPANY OVERVIEW 104
- 11.10.2 FINANCIAL OVERVIEW 105
- 11.10.3 PRODUCTS OFFERED 105
- 11.10.4 KEY DEVELOPMENTS 106
- 11.10.5 SWOT ANALYSIS 106
- 11.10.6 KEY STRATEGIES 106