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PUBLISHER: IMARC | PRODUCT CODE: 1390897

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PUBLISHER: IMARC | PRODUCT CODE: 1390897

Sparkling Wine Market Report by Type, Product, Price Point, Sales Channel, and Region 2023-2028

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PAGES: 138 Pages
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Abstract

The global sparkling wine market size reached US$ 36.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 55.4 Billion by 2028, exhibiting a growth rate (CAGR) of 7.10% during 2022-2028.

Sparkling wine is an alcoholic beverage containing a significant level of carbon dioxide (CO2) that provides a fizzy effect. It is produced using still wine that undergoes a secondary fermentation after adding a mix of yeasts, sucrose nutrients, and adjuvants. Its high concentration of polyphenols, which are antioxidants that prevent cell death from oxidative stress, help regulate cells' response to brain injuries during a stroke, Alzheimer's disease, Parkinson's disease, and other illnesses. At present, it is widely consumed as a celebration drink on special occasions like birthdays, anniversaries, sports events, corporate parties, and social gatherings.

Sparkling Wine Market Trends:

The rising socialization trend among the young population, coupled with the increasing influence of cocktail culture, represents one of the key factors strengthening the market growth. Moreover, rapid urbanization, inflating income levels, and shifting lifestyle preferences of consumers are catalyzing the demand for premium sparkling wines across the globe. This can also be attributed to the emerging trend of celebration parties and weekend gatherings across the corporate sector. Apart from this, the thriving food tourism industry and expanding culinary services are positively influencing the adoption of sparkling wines in luxury hotels and restaurants for gourmet cooking. Furthermore, several market players are investing in marketing campaigns to retain a competitive edge in the market. They are also offering canned sparkling wines in a range of unique and exotic flavors through online retail channels. This, in confluence with the flourishing e-commerce industry on account of the increasing Internet penetration and rising dependence on smartphones, is creating a positive outlook for the market growth. Besides this, the growing trend of gifting sparkling wines with personalized bottles and labels is anticipated to drive the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global sparkling wine market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on 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

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being 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 and Vina Concha Y Toro.

Key Questions Answered in This Report

  • 1. What was the size of the global sparkling wine market in 2022?
  • 2. What is the expected growth rate of the global sparkling wine market during 2023-2028?
  • 3. What are the key factors driving the global sparkling wine market?
  • 4. What has been the impact of COVID-19 on the global sparkling wine market?
  • 5. What is the breakup of the global sparkling wine market based on the type?
  • 6. What is the breakup of the global sparkling wine market based on the product?
  • 7. What is the breakup of the global sparkling wine market based on the price point?
  • 8. What is the breakup of the global sparkling wine market based on the sales channel?
  • 9. What are the key regions in the global sparkling wine market?
  • 10. Who are the key players/companies in the global sparkling wine market?
Product Code: SR112023A4799

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Sparkling Wine Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Type

  • 6.1 Red
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Rose
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 White
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast

7 Market Breakup by Product

  • 7.1 Cava
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Champagne
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Cremant
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast
  • 7.4 Prosecco
    • 7.4.1 Market Trends
    • 7.4.2 Market Forecast
  • 7.5 Others
    • 7.5.1 Market Trends
    • 7.5.2 Market Forecast

8 Market Breakup by Price Point

  • 8.1 Economy
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Mid-range
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Luxury
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast

9 Market Breakup by Sales Channel

  • 9.1 Supermarket and Hypermarket
    • 9.1.1 Market Trends
    • 9.1.2 Market Forecast
  • 9.2 Specialty Stores
    • 9.2.1 Market Trends
    • 9.2.2 Market Forecast
  • 9.3 On Trade
    • 9.3.1 Market Trends
    • 9.3.2 Market Forecast
  • 9.4 Others
    • 9.4.1 Market Trends
    • 9.4.2 Market Forecast

10 Market Breakup by Region

  • 10.1 North America
    • 10.1.1 United States
      • 10.1.1.1 Market Trends
      • 10.1.1.2 Market Forecast
    • 10.1.2 Canada
      • 10.1.2.1 Market Trends
      • 10.1.2.2 Market Forecast
  • 10.2 Asia-Pacific
    • 10.2.1 China
      • 10.2.1.1 Market Trends
      • 10.2.1.2 Market Forecast
    • 10.2.2 Japan
      • 10.2.2.1 Market Trends
      • 10.2.2.2 Market Forecast
    • 10.2.3 India
      • 10.2.3.1 Market Trends
      • 10.2.3.2 Market Forecast
    • 10.2.4 South Korea
      • 10.2.4.1 Market Trends
      • 10.2.4.2 Market Forecast
    • 10.2.5 Australia
      • 10.2.5.1 Market Trends
      • 10.2.5.2 Market Forecast
    • 10.2.6 Indonesia
      • 10.2.6.1 Market Trends
      • 10.2.6.2 Market Forecast
    • 10.2.7 Others
      • 10.2.7.1 Market Trends
      • 10.2.7.2 Market Forecast
  • 10.3 Europe
    • 10.3.1 Germany
      • 10.3.1.1 Market Trends
      • 10.3.1.2 Market Forecast
    • 10.3.2 France
      • 10.3.2.1 Market Trends
      • 10.3.2.2 Market Forecast
    • 10.3.3 United Kingdom
      • 10.3.3.1 Market Trends
      • 10.3.3.2 Market Forecast
    • 10.3.4 Italy
      • 10.3.4.1 Market Trends
      • 10.3.4.2 Market Forecast
    • 10.3.5 Spain
      • 10.3.5.1 Market Trends
      • 10.3.5.2 Market Forecast
    • 10.3.6 Russia
      • 10.3.6.1 Market Trends
      • 10.3.6.2 Market Forecast
    • 10.3.7 Others
      • 10.3.7.1 Market Trends
      • 10.3.7.2 Market Forecast
  • 10.4 Latin America
    • 10.4.1 Brazil
      • 10.4.1.1 Market Trends
      • 10.4.1.2 Market Forecast
    • 10.4.2 Mexico
      • 10.4.2.1 Market Trends
      • 10.4.2.2 Market Forecast
    • 10.4.3 Others
      • 10.4.3.1 Market Trends
      • 10.4.3.2 Market Forecast
  • 10.5 Middle East and Africa
    • 10.5.1 Market Trends
    • 10.5.2 Market Breakup by Country
    • 10.5.3 Market Forecast

11 SWOT Analysis

  • 11.1 Overview
  • 11.2 Strengths
  • 11.3 Weaknesses
  • 11.4 Opportunities
  • 11.5 Threats

12 Value Chain Analysis

13 Porters Five Forces Analysis

  • 13.1 Overview
  • 13.2 Bargaining Power of Buyers
  • 13.3 Bargaining Power of Suppliers
  • 13.4 Degree of Competition
  • 13.5 Threat of New Entrants
  • 13.6 Threat of Substitutes

14 Price Analysis

15 Competitive Landscape

  • 15.1 Market Structure
  • 15.2 Key Players
  • 15.3 Profiles of Key Players
    • 15.3.1 Accolade Wines
      • 15.3.1.1 Company Overview
      • 15.3.1.2 Product Portfolio
    • 15.3.2 Bacardi Limited
      • 15.3.2.1 Company Overview
      • 15.3.2.2 Product Portfolio
      • 15.3.2.3 SWOT Analysis
    • 15.3.3 Bronco Wine Company
      • 15.3.3.1 Company Overview
      • 15.3.3.2 Product Portfolio
    • 15.3.4 Casella Family Brands
      • 15.3.4.1 Company Overview
      • 15.3.4.2 Product Portfolio
    • 15.3.5 Caviro Extra S.p.A.
      • 15.3.5.1 Company Overview
      • 15.3.5.2 Product Portfolio
    • 15.3.6 Constellation Brands Inc.
      • 15.3.6.1 Company Overview
      • 15.3.6.2 Product Portfolio
      • 15.3.6.3 Financials
      • 15.3.6.4 SWOT Analysis
    • 15.3.7 Freixenet Sa (Henkell & Co. Sektkellerei)
      • 15.3.7.1 Company Overview
      • 15.3.7.2 Product Portfolio
    • 15.3.8 Giulio Cocchi Spumanti Srl
      • 15.3.8.1 Company Overview
      • 15.3.8.2 Product Portfolio
    • 15.3.9 Illinois Sparkling Co.
      • 15.3.9.1 Company Overview
      • 15.3.9.2 Product Portfolio
    • 15.3.10 Quady Winery
      • 15.3.10.1 Company Overview
      • 15.3.10.2 Product Portfolio
    • 15.3.11 Treasury Wine Estates
      • 15.3.11.1 Company Overview
      • 15.3.11.2 Product Portfolio
      • 15.3.11.3 Financials
    • 15.3.12 Vina Concha Y Toro
      • 15.3.12.1 Company Overview
      • 15.3.12.2 Product Portfolio
      • 15.3.12.3 Financials
Product Code: SR112023A4799

List of Figures

  • Figure 1: Global: Sparkling Wine Market: Major Drivers and Challenges
  • Figure 2: Global: Sparkling Wine Market: Sales Value (in Billion US$), 2017-2022
  • Figure 3: Global: Sparkling Wine Market Forecast: Sales Value (in Billion US$), 2023-2028
  • Figure 4: Global: Sparkling Wine Market: Breakup by Type (in %), 2022
  • Figure 5: Global: Sparkling Wine Market: Breakup by Product (in %), 2022
  • Figure 6: Global: Sparkling Wine Market: Breakup by Price Point (in %), 2022
  • Figure 7: Global: Sparkling Wine Market: Breakup by Sales Channel (in %), 2022
  • Figure 8: Global: Sparkling Wine Market: Breakup by Region (in %), 2022
  • Figure 9: Global: Sparkling Wine (Red) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 10: Global: Sparkling Wine (Red) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 11: Global: Sparkling Wine (Rose) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 12: Global: Sparkling Wine (Rose) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 13: Global: Sparkling Wine (White) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 14: Global: Sparkling Wine (White) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 15: Global: Sparkling Wine (Cava) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 16: Global: Sparkling Wine (Cava) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 17: Global: Sparkling Wine (Champagne) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 18: Global: Sparkling Wine (Champagne) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 19: Global: Sparkling Wine (Cremant) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 20: Global: Sparkling Wine (Cremant) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 21: Global: Sparkling Wine (Prosecco) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 22: Global: Sparkling Wine (Prosecco) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 23: Global: Sparkling Wine (Other Products) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 24: Global: Sparkling Wine (Other Products) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 25: Global: Sparkling Wine (Economy) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 26: Global: Sparkling Wine (Economy) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 27: Global: Sparkling Wine (Mid-range) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 28: Global: Sparkling Wine (Mid-range) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 29: Global: Sparkling Wine (Luxury) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 30: Global: Sparkling Wine (Luxury) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 31: Global: Sparkling Wine (Supermarket and Hypermarket) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 32: Global: Sparkling Wine (Supermarket and Hypermarket) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 33: Global: Sparkling Wine (Specialty Stores) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 34: Global: Sparkling Wine (Specialty Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 35: Global: Sparkling Wine (On Trade) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 36: Global: Sparkling Wine (On Trade) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 37: Global: Sparkling Wine (Other Sales Channels) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 38: Global: Sparkling Wine (Other Sales Channels) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 39: North America: Sparkling Wine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 40: North America: Sparkling Wine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 41: United States: Sparkling Wine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 42: United States: Sparkling Wine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 43: Canada: Sparkling Wine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 44: Canada: Sparkling Wine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 45: Asia-Pacific: Sparkling Wine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 46: Asia-Pacific: Sparkling Wine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 47: China: Sparkling Wine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 48: China: Sparkling Wine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 49: Japan: Sparkling Wine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 50: Japan: Sparkling Wine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 51: India: Sparkling Wine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 52: India: Sparkling Wine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 53: South Korea: Sparkling Wine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 54: South Korea: Sparkling Wine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 55: Australia: Sparkling Wine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 56: Australia: Sparkling Wine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 57: Indonesia: Sparkling Wine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 58: Indonesia: Sparkling Wine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 59: Others: Sparkling Wine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 60: Others: Sparkling Wine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 61: Europe: Sparkling Wine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 62: Europe: Sparkling Wine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 63: Germany: Sparkling Wine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 64: Germany: Sparkling Wine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 65: France: Sparkling Wine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 66: France: Sparkling Wine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 67: United Kingdom: Sparkling Wine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 68: United Kingdom: Sparkling Wine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 69: Italy: Sparkling Wine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 70: Italy: Sparkling Wine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 71: Spain: Sparkling Wine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 72: Spain: Sparkling Wine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 73: Russia: Sparkling Wine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 74: Russia: Sparkling Wine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 75: Others: Sparkling Wine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 76: Others: Sparkling Wine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 77: Latin America: Sparkling Wine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 78: Latin America: Sparkling Wine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 79: Brazil: Sparkling Wine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 80: Brazil: Sparkling Wine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 81: Mexico: Sparkling Wine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 82: Mexico: Sparkling Wine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 83: Others: Sparkling Wine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 84: Others: Sparkling Wine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 85: Middle East and Africa: Sparkling Wine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 86: Middle East and Africa: Sparkling Wine Market: Breakup by Country (in %), 2022
  • Figure 87: Middle East and Africa: Sparkling Wine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 88: Global: Sparkling Wine Industry: SWOT Analysis
  • Figure 89: Global: Sparkling Wine Industry: Value Chain Analysis
  • Figure 90: Global: Sparkling Wine Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Sparkling Wine Market: Key Industry Highlights, 2022 and 2028
  • Table 2: Global: Sparkling Wine Market Forecast: Breakup by Type (in Million US$), 2023-2028
  • Table 3: Global: Sparkling Wine Market Forecast: Breakup by Product (in Million US$), 2023-2028
  • Table 4: Global: Sparkling Wine Market Forecast: Breakup by Price Point (in Million US$), 2023-2028
  • Table 5: Global: Sparkling Wine Market Forecast: Breakup by Sales Channel (in Million US$), 2023-2028
  • Table 6: Global: Sparkling Wine Market Forecast: Breakup by Region (in Million US$), 2023-2028
  • Table 7: Global: Sparkling Wine Market: Competitive Structure
  • Table 8: Global: Sparkling Wine Market: Key Players
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