Sparkling Wine Market Research Report to 2023
                     SPARKLING WINE MARKET REPORT 
2023
Industry Survey, Growth, Competitive Landscape
and Forecasts to 2023
PREPARED BY
Market Research Future
(Part of Wantstats Research & Media Pvt. Ltd.)
SPARKLING WINE MARKET 2020
Sparkling Wine Market 2020: Industry Survey, Growth, Competitive
Landscape and Forecasts to 2023
Sparkling wine, especially Champagne, is considered a status symbol. Wineries across the world are launching 
varieties of sparkling wines through their brands in a bid to stay ahead of the competition and garner and 
sustain consumer interest. The global sparkling wine market is fragmented with the presence of several 
producers, wineries, and distributors.
Competition is intense in the market due to the presence of numerous small and large wine manufacturers. The 
vendors in the market compete on the basis of several factors, including price, quality, innovation, service, 
reputation, distribution, and promotion. An increase in vendor competition may lead to a reduction in prices, 
thus, negatively affecting profit margins and market growth.
Based on type, the global sparkling wine market has been segmented into white, rosé, and red. The white 
sparkling wine segment accounted for the maximum market share in 2017. White sparkling wine is a 
traditional carbonated wine with a large consumer base. The red sparkling wine segment is expected to grow at 
a rapid pace during the forecast period owing to consumer preference for new and innovative wines.
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SPARKLING WINE MARKET 2020
The global sparkling wine market has been segregated, by distribution channel, into food service and retail. The 
retail segment has further been divided into supermarkets and hypermarkets, specialty stores, and others. The 
retail segment is expected to dominate the global sparkling wine market during the assessment period. The 
supermarkets and hypermarkets segment is projected to register the highest CAGR owing to the growth of the 
retail sector and the ever-expanding networks of branded supermarket and hypermarket chains.
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SPARKLING WINE MARKET 2020
Regional Analysis
The global sparkling wine market has been segmented, by region, into North America, Europe, Asia-Pacific, and 
the rest of the world.
Europe is expected to dominate the global sparkling wine market. Growing awareness about the health 
implications has resulted in the reduced consumption of alcohol which, in turn, has led to a rise in the 
consumption of sparkling wine, which has a lower alcohol content.
The sparkling wine market in Asia-Pacific is expected to grow rapidly due to urbanization in Indonesia, 
Malaysia, and India. Moreover, Australia is a significant country for wine with a larger number of vineyards.
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SPARKLING WINE MARKET 2020
Application & Major Players in this Research:
Sparkling Wine Market Prominent Players:
• Treasury Wine Estates Ltd (Australia)
• Illinois Sparkling Co. (US)
• Moët Hennessy USA (US)
• Pernod Ricard (France)
• California Champagnes (US)
• Bronco Wine Co. (US)
• Freixenet (Spain)
• the Sparkling Wine Co. (UK)
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