Sparkling Wine Market: Top Geographies and Market Highlights

Geographical Analysis and Market Highlights 2020-2024

The sparkling wine market will grow by 14.07 mn L, fragmented at a CAGR of over 1% over the next five years. Our research report provides a detailed analysis of the market with insights on trends, drivers, and challenges that are likely to impact market growth. It also provides a competitive analysis of the key market players and their product portfolios.


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Sparkling Wine Market: Europe to lead market growth during the forecast period

  • Europe emerged as the leading geographical segment in recent years and is expected to contribute 58% of the market growth during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the sparkling wine market size.
  • One of the key drivers that is likely to drive market growth is the emergence of low-abv cocktails. This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market.  These insights will equip clients with all the information they need to plan COVID-19 recovery and growth strategies.
  • The sparkling wine market is segmented by Geography (Europe, North America, APAC, South America, and MEA). Each segment and sub-segment is analyzed at depth to derive market insights and forecast growth projections.

Sparkling Wine Market to Post Incremental Growth of 14.07 mn L During 2020-2024 | Key Geographies that will Drive Growth

Sparkling Wine Market: Competitive Landscape

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.are some of the major market participants. The market is fragmented, and the growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.

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The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of over 1%.
     
  2. What is the incremental growth of the market?
    The market is expected to grow by 14.07 mn L through 2020-2024.
     
  3. What is a key factor driving this market?
    Emergence of low-ABV cocktails will drive market growth over the forecast period.
     
  4. What are the key regions covered in this market research report?
    Europe, North America, APAC, South America, and MEA are the key regions featured in this research report.
     
  5. Which is the leading geographic region for this market:
    58% growth will originate from Europe
     
  6. Who are the leading market vendors?
    The leading vendors in this market are 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.
     
  7. What are the market segments covered in this report?
    The market is segmented by Geography (Europe, North America, APAC, South America, and MEA).

Market Segmentation by Geography

    • Sparkling Wine Market Split by Geography
      • Europe
      • North America
      • APAC
      • South America
      • MEA

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • 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
  • Treasury Wine Estates Ltd.

Sparkling Wine Market Size to Grow by 14.07 mn L through 2020-2024 | Forecast and Trend Analysis

Technavio has been monitoring the sparkling wine market and it is expected to grow by 14.07 mn L, accelerating at a CAGR of almost 1% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking View Free Sample Report

Sparkling Wine Market: Emerging Trends to Impact Market Growth

Increasing demand for celebration wines to emerge as a key trend in the industrial sparkling wine market. This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market in focus. This analysis will enable clients to assess their play in the market and plan for growth opportunities.

Sparkling Wine Market to Post Incremental Growth of 14.07 mn L During 2020-2024 | Key Geographies that will Drive Growth

Sparkling Wine Market: Vendor Analysis

The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. 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. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio custom reports provide market insights at the global and regional level along with a pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

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The Global Sparkling Wine Market is expected to grow by 14.07 million litres, accelerating at a CAGR of over 1% during the forecast period. Techanvio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus. Download our free sample report with COVID-19 analysis 

Sparkling Wine Market to Post Incremental Growth of 14.07 mn L During 2020-2024 | Key Geographies that will Drive Growth

Sparkling Wine Market: Segmentation by Geography

During 2019, the prosecco segment dominated the global Sparkling Wine Market in 2019. The demand for Prosecco is high in all major wine markets such as the UK, the US, Germany, France, China, Italy, and Spain. The growth in demand for Prosecco due to its freshness and affordability, over Champagne. Many vendors use attractive packaging and high-quality grapes to place the product under the premium quality. The use of alternative smaller packaging has also helped vendors attract newer first-time drinkers. Thus, the growing demand for prosecco across the world is expected to drive the growth of the segment during the forecast period. 

58% of the market’s growth will originate from Europe during the forecast period. Italy, France, Germany, and Spain are the key markets for sparkling wine in Europe. Market growth in this region will be slower than the growth of the market in North America and APAC. The adoption of the right marketing strategies by the vendors and their focus on new product launches are a few of the key factors that will facilitate the sparkling wine market during the forecast period. 

Sparkling Wine Market: Vendor Analysis

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. 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. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio forecasts three scenarios (optimistic, probable, and pessimistic) to evaluate the impact of COVID-19 Download a Free Sample Report. This customized report will help clients keep up with new product launches in direct & indirect COVID-19 related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.

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