Sparkling Wine Market Research Report – Forecast to 2027

Sparkling Wine Market Research Report: Information by Type (White, Rosé, and Red), Distribution Channel (Food Service and Retail), and Region (North America, Europe, Asia-Pacific, and the Rest of the World) - Forecast till 2027

ID: MRFR/F-B & N/5084-HCR | February 2021 | Region: Global | 100 Pages         

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Market Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Supply Chain Analysis

4.1.1 Raw Material Suppliers

4.1.2 Manufacturers/Producers

4.1.3 Distributors/Retailers/Wholesalers/E-Commerce

4.1.4 End Users

4.2 Porter’s Five Forces Analysis

4.2.1 Threat of New Entrants

4.2.2 Bargaining Power of Buyers

4.2.3 Bargaining Power of Suppliers

4.2.4 Threat of Substitutes

4.2.5 Internal Rivalry

5 Market Dynamics of Global Sparkling Wine Market

5.1 Introduction

5.2 Drivers

5.3 Restraints

5.4 Opportunities

5.5 Challenges

6. Global Sparkling Wine Market, by Type

6.1 Introduction

6.2 White

6.2.1 Market Estimates & Forecast, 2020–2027

6.2.2 Market Estimates & Forecast, by Region, 2020–2027

6.3 RosΓ©

6.3.1 Market Estimates & Forecast, 2020–2027

6.3.2 Market Estimates & Forecast, by Region, 2020–2027

6.4 Red

6.4.1 Market Estimates & Forecast, 2020–2027

6.4.2 Market Estimates & Forecast, by Region, 2020–2027

7. Global Sparkling Wine Market, by Distribution Channel

7.1 Introduction

7.2 Food Service

7.2.1 Market Estimates & Forecast, 2020–2027

7.2.2 Market Estimates & Forecast, by Region, 2020–2027

7.3 Retail

7.3.1 Supermarkets & Hypermarkets

7.3.1.1 Market Estimates & Forecast, 2020–2027

7.3.1.2 Market Estimates & Forecast, by Region, 2020–2027

7.3.2 Specialty Stores

7.3.2.1 Market Estimates & Forecast, 2020–2027

7.3.2.2 Market Estimates & Forecast, by Region, 2020–2027

7.3.3 Others

7.3.3.1 Market Estimates & Forecast, 2020–2027

7.3.3.2 Market Estimates & Forecast, by Region, 2020–2027

8. Global Sparkling Wine Market, by Region

8.1 Introduction

8.2 North America

8.2.1 Market Estimates & Forecast, 2020–2027

8.2.2 Market Estimates & Forecast, by Type, 2020–2027

8.2.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.2.4 US

8.2.4.1 Market Estimates & Forecast, 2020–2027

8.2.4.2 Market Estimates & Forecast, by Type, 2020–2027

8.2.4.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.2.5 Canada

8.2.5.1 Market Estimates & Forecast, 2020–2027

8.2.5.2 Market Estimates & Forecast, by Type, 2020–2027

8.2.5.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.2.6 Mexico

8.2.6.1 Market Estimates & Forecast, 2020–2027

8.2.6.2 Market Estimates & Forecast, by Type, 2020–2027

8.2.6.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.3 Europe

8.3.1 Market Estimates & Forecast, 2020–2027

8.3.2 Market Estimates & Forecast, by Type, 2020–2027

8.3.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.3.4 Germany

8.3.4.1 Market Estimates & Forecast, 2020–2027

8.3.4.2 Market Estimates & Forecast, by Type, 2020–2027

8.2.4.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.3.5 France

8.3.5.1 Market Estimates & Forecast, 2020–2027

8.3.5.2 Market Estimates & Forecast, by Type, 2020–2027

8.3.5.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.3.6 Italy

8.3.6.1 Market Estimates & Forecast, 2020–2027

8.3.6.2 Market Estimates & Forecast, by Type, 2020–2027

8.3.6.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.3.7 Spain

8.3.7.1 Market Estimates & Forecast, 2020–2027

8.3.7.2 Market Estimates & Forecast, by Type, 2020–2027

8.3.7.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.3.8 UK

8.3.8.1 Market Estimates & Forecast, 2020–2027

8.3.8.2 Market Estimates & Forecast, by Type, 2020–2027

8.3.8.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.3.9 Rest of Europe

8.3.9.1 Market Estimates & Forecast, 2020–2027

8.3.9.2 Market Estimates & Forecast, by Type, 2020–2027

8.3.9.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.4 Asia-Pacific

8.4.1 Market Estimates & Forecast, 2020–2027

8.4.2 Market Estimates & Forecast, by Type, 2020–2027

8.4.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.4.4 China

8.4.4.1 Market Estimates & Forecast, 2020–2027

8.4.4.2 Market Estimates & Forecast, by Type, 2020–2027

8.4.4.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.4.5 India

8.4.5.1 Market Estimates & Forecast, 2020–2027

8.4.5.2 Market Estimates & Forecast, by Type, 2020–2027

8.4.5.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.4.6 Japan

8.4.6.1 Market Estimates & Forecast, 2020–2027

8.4.6.2 Market Estimates & Forecast, by Type, 2020–2027

8.4.6.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.4.7 Australia & New Zealand

8.4.7.1 Market Estimates & Forecast, 2020–2027

8.4.7.2 Market Estimates & Forecast, by Type, 2020–2027

8.4.7.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.4.8 Rest of Asia-Pacific

8.4.8.1 Market Estimates & Forecast, 2020–2027

8.4.8.2 Market Estimates & Forecast, by Type, 2020–2027

8.4.8.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.5 Rest of the World (RoW)

8.5.1 Market Estimates & Forecast, 2020–2027

8.5.2 Market Estimates & Forecast, by Type, 2020–2027

8.5.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.5.4 South America

8.5.4.1 Market Estimates & Forecast, 2020–2027

8.5.4.2 Market Estimates & Forecast, by Type, 2020–2027

8.5.4.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.5.5 Middle East

8.5.5.1 Market Estimates & Forecast, 2020–2027

8.5.5.2 Market Estimates & Forecast, by Type, 2020–2027

8.5.5.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.5.6 Africa

8.5.6.1 Market Estimates & Forecast, 2020–2027

8.5.6.2 Market Estimates & Forecast, by Type, 2020–2027

8.5.6.3 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9. Company Landscape

9.1 Introduction

9.2 Market Strategy

9.3 Key Development Analysis

(Expansions/Mergers and Acquisitions/Joint Ventures/New Product Developments/Agreements/Investments

10. Company Profiles

10.1 Illinois Sparkling Co.

10.1.1 Company Overview

10.1.2 Financial Updates

10.1.3 Product/Business Segment Overview

10.1.4 Strategy

10.1.5 Key Developments

10.1.6 SWOT Analysis

10.2 The Sparkling Wine Co.

10.2.1 Company Overview

10.2.2 Financial Updates

10.2.3 Product/Business Segment Overview

10.2.4 Strategy

10.2.5 Key Developments

10.2.6 SWOT Analysis

10.3 MoΓ«t Hennessy USA

10.3.1 Company Overview

10.3.2 Financial Updates

10.3.3 Product/Business Segment Overview

10.3.4 Strategy

10.3.5 Key Developments

10.3.6 SWOT Analysis

10.4 Pernod Ricard

10.4.1 Company Overview

10.4.2 Financial Updates

10.4.3 Product/Business Segment Overview

10.4.4 Strategy

10.4.5 Key Developments

10.4.6 SWOT Analysis

10.5 California Champagnes

10.5.1 Company Overview

10.5.2 Financial Updates

10.5.3 Product/Business Segment Overview

10.5.4 Strategy

10.5.5 Key Developments

10.5.6 SWOT Analysis

10.6 Treasury Wine Estates Ltd

10.6.1 Company Overview

10.6.2 Financial Updates

10.6.3 Product/Business Segment Overview

10.6.4 Strategy

10.6.5 Key Developments

10.6.6 SWOT Analysis

10.7 Freixenet

10.7.1 Company Overview

10.7.2 Financial Updates

10.7.3 Product/Business Segment Overview

10.7.4 Strategy

10.7.5 Key Developments

10.7.6 SWOT Analysis

10.8 E. & J. Gallo Winery

10.8.1 Company Overview

10.8.2 Financial Updates

10.8.3 Product/Business Segment Overview

10.8.4 Strategy

10.8.5 Key Developments

10.8.6 SWOT Analysis

10.9 Constellation Brands, Inc.

10.9.1 Company Overview

10.9.2 Financial Updates

10.9.3 Product/Business Segment Overview

10.9.4 Strategy

10.9.5 Key Developments

10.9.6 SWOT Analysis

10.10 Bronco Wine Co.

10.10.1 Company Overview

10.10.2 Financial Updates

10.10.3 Product/Business Segment Overview

10.10.4 Strategy

10.10.5 Key Developments

10.10.6 SWOT Analysis

11. Conclusion

LIST OF TABLES

Table 1 Global Sparkling Wine Market, by Region, 2020–2027 (USD Million)

Table 2 Global Sparkling Wine Market, by Type, 2020–2027 (USD Million)

Table 3 Global Sparkling Wine Market, by Distribution Channel, 2020–2027 (USD Million)

Table 4 North America: Sparkling Wine Market, by Country, 2020–2027 (USD Million)

Table 5 North America: Sparkling Wine Market, by Type, 2020–2027 (USD Million)

Table 6 North America: Sparkling Wine Market, by Distribution Channel, 2020–2027 (USD Million)

Table 7 US: Sparkling Wine Market, by Type, 2020–2027 (USD Million)

Table 8 US: Sparkling Wine Market, by Distribution Channel, 2020–2027 (USD Million)

Table 9 Canada: Sparkling Wine Market, by Type, 2020–2027 (USD Million)

Table 10 Canada: Sparkling Wine Market, by Distribution Channel, 2020–2027 (USD Million)

Table 11 Mexico: Sparkling Wine Market, by Type, 2020–2027 (USD Million)

Table 12 Mexico: Sparkling Wine Market, by Distribution Channel, 2020–2027 (USD Million)

Table 13 Europe: Sparkling Wine Market, by Country, 2020–2027 (USD Million)

Table 14 Europe: Sparkling Wine Market, by Type, 2020–2027 (USD Million)

Table 15 Europe: Sparkling Wine Market, by Distribution Channel, 2020–2027 (USD Million)

Table 16 Germany: Sparkling Wine Market, by Type, 2020–2027 (USD Million)

Table 17 Germany: Sparkling Wine Market, by Distribution Channel, 2020–2027 (USD Million)

Table 18 France: Sparkling Wine Market, by Type, 2020–2027 (USD Million)

Table 19 France: Sparkling Wine Market, by Distribution Channel, 2020–2027 (USD Million)

Table 20 Italy: Sparkling Wine Market, by Type, 2020–2027 (USD Million)

Table 21 Italy: Sparkling Wine Market, by Distribution Channel, 2020–2027 (USD Million)

Table 22 Spain: Sparkling Wine Market, by Type, 2020–2027 (USD Million)

Table 23 Spain: Sparkling Wine Market, by Distribution Channel, 2020–2027 (USD Million)

Table 24 UK: Sparkling Wine Market, by Type, 2020–2027 (USD Million)

Table 25 UK: Sparkling Wine Market, by Distribution Channel, 2020–2027 (USD Million)

Table 26 Rest of Europe: Sparkling Wine Market, by Type, 2020–2027 (USD Million)

Table 27 Rest of Europe: Sparkling Wine Market, by Distribution Channel, 2020–2027 (USD Million)

Table 28 Asia-Pacific: Sparkling Wine Market, by Country, 2020–2027 (USD Million)

Table 29 Asia-Pacific: Sparkling Wine Market, by Type, 2020–2027 (USD Million)

Table 30 Asia-Pacific: Sparkling Wine Market, by Distribution Channel, 2020–2027 (USD Million)

Table 31 China: Sparkling Wine Market, by Type, 2020–2027 (USD Million)

Table 32 China: Sparkling Wine Market, by Distribution Channel, 2020–2027 (USD Million)

Table 33 India: Sparkling Wine Market, by Type, 2020–2027 (USD Million)

Table 34 India: Sparkling Wine Market, by Distribution Channel, 2020–2027 (USD Million)

Table 35 Japan: Sparkling Wine Market, by Type, 2020–2027 (USD Million)

Table 36 Japan: Sparkling Wine Market, by Distribution Channel, 2020–2027 (USD Million)

Table 37 Australia & New Zealand: Sparkling Wine Market, by Type, 2020–2027 (USD Million)

Table 38 Australia & New Zealand: Sparkling Wine Market, by Distribution Channel, 2020–2027 (USD Million)

Table 39 Rest of Asia-Pacific: Sparkling Wine Market, by Type, 2020–2027 (USD Million)

Table 40 Rest of Asia-Pacific: Sparkling Wine Market, by Distribution Channel, 2020–2027 (USD Million)

Table 41 Rest of the World (RoW): Sparkling Wine Market, by Country, 2020–2027 (USD Million)

Table 42 Rest of the World (RoW): Sparkling Wine Market, by Type, 2020–2027 (USD Million)

Table 43 Rest of the World (RoW): Sparkling Wine Market, by Distribution Channel, 2020–2027 (USD Million)

Table 44 South America: Sparkling Wine Market, by Type, 2020–2027 (USD Million)

Table 45 South America: Sparkling Wine Market, by Distribution Channel, 2020–2027 (USD Million)

Table 46 Middle East: Sparkling Wine Market, by Type, 2020–2027 (USD Million)

Table 47 Middle East: Sparkling Wine Market, by Distribution Channel, 2020–2027 (USD Million)

Table 48 Africa: Sparkling Wine Market, by Type, 2020–2027 (USD Million)

Table 49 Africa: Sparkling Wine Market, by Distribution Channel, 2020–2027 (USD Million)

LIST OF FIGURES

FIGURE 1 Global Sparkling Wine Market Segmentation

FIGURE 2 Forecast Research Methodology

FIGURE 3 Five Forces Analysis of Global Sparkling Wine Market

FIGURE 4 Value Chain of Global Sparkling Wine Market

FIGURE 5 Share of Global Sparkling Wine Market in 2020, by Country (%)

FIGURE 6 Global Sparkling Wine Market, by Region, 2020–2027

FIGURE 7 Global Sparkling Wine Market Size, by Type, 2020

FIGURE 8 Share of Global Sparkling Wine Market, by Type, 2020–2027 (%)

FIGURE 9 Global Sparkling Wine Market Size, by Distribution Channel, 2020

FIGURE 10 Share of Global Sparkling Wine Market, by Distribution Channel, 2020–2027 (%)

Sparkling Wine Market

Sparkling Wine Market was valued projected to reach US$ 55.80 billion by 2030; Grow at a CAGR of 4.3% from 2020 to 2030.

Segmentation

By Type (White RosΓ© Red
By Distribution Channel Food Service Retail
By Region (North America Europe Asia Pacific The Rest Of The World

Key Players

  • Bronco Wine Co. (US)
  • Constellation Brands Inc. (US)
  • E & J Gallo Winery (US)
  • Freixenet (Spain)
  • Treasury Wine Estates Ltd. (Australia)
  • California Champagnes (US)
  • Pernod Ricard (France)
  • Moet Hennessy USA (US)
  • The Sparkling Wine Co. (UK)
  • Illinois Sparkling Co. (US)

Drivers

  • Increasing Awarenes of Wines
  • Health Awareness
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Sparkling Wine Market Overview


Sparkling Wine Market is expected to grow significantly during the forecast period owing to the rise in the number of local wineries. Wine is being recognized as one of the major preferences when it comes to the target audience attending social events and parties. As per a study put forward by the European Association of Wine Economists and the CHAIRE VINS et SPIRITUEUX de INSEECU that the wine consumption frequency is increasing at a significant rate. The Promotions for the same began in May 2020.


Consolidation of both on-premises and off-premises and sparkling wine market replacement in the form of smaller and quality brands that are helping to maintain a proper supply chain mechanism by meeting the needs of the global target audience. These consolidation chains are relevant to the global industry standards and promise better returns to the investment plans.


Covid 19 Analysis of Sparkling Wine Market


Wine has been identified as one of the most drinkable beverages amongst people. Numerous factors like its taste, suitability, and product variations amongst others, are responsible for the rise in demand is increasing day by day. However, since the coronavirus outbreak was declared a global pandemic by the WHO, the sparkling wine market has been witnessing a steady yet slow growth. During the forecast period, the lockdown was imposed and the demand for wine was limited to households only. Also, the production was stopped due to the imposition of lockdown. During the unlock period, the production was slow. Major confinement of the demand quantum has been experienced majorly in Spain and other parts of the European nations.


The prominent players are focusing on product variation and promoting products to fit the customer’s budget during the forecast period. This is one of the major factors that will increase the demand and promise better prospects during the period of expanding market operations.


Market Dynamics


Drivers


The European culture is witnessing wine as an integral part and this culture is crossing the global boundaries and entering the geography of the Asian countries. The rise of young people in these locations are including wine as a part of their diet and occasional drinks. These rising trends are expected to rise and hence, help sparkling wine market grow at an excellent scale during the forecast period.


Restraints


The outbreak of the pandemic has brought forward various kinds of issues for the market functioning during the forecast period. The pandemic has adversely affected the sale of hotels as they experienced a dip in their sales volume by 77%. Also, the overall turnover has experienced a 60% dip. The restaurants’ chain was non-functional for a major time and hence, the sales were effected by 91%. The running of the hotels and restaurants is on a limited capacity and the consumers are preferring to shift to online food eateries and shops.


Technology Analysis


The prominent market players are experiencing a hike in sales owing to the establishment of direct relationships and professional terms with the customers. This shift is helping to boost the demand for specialist wine trade in the market and reports an increase in the quantum of sales during the period.


Study Objectives



  • To get dependable market insights of the market dynamics like drivers, opportunities, and challenges alongside the operations that will drive the market towards global growth during the forecast period.

  • To study the global market segmentation that is functional in major global regions and is likely to make a difference to the final market value with the help of the revenues earned by the segments in this period as laid down by the market leaders and industry experts.

  • To analyze the rising degree of competition in the key players and also, help Sparkling Wine Market investors identify the market’s potential based on the undertaken recent developments by the players during the ongoing forecast period.


Market Segmentation


The sparkling wine market has been divided all across the globe based on types, distribution channels, and regions.


Based on the Types


The market has been divided all across the globe based on the types into the red, rose, and white wine, as per the tastes and preferences of the consumers.


Based on the Distribution Channels


The market has been divided all across the globe based on the distribution channels into retail distribution channels and foodservice distribution channels. The retail distribution channel is further sub-divided into specialty stores, hypermarkets, supermarkets, and many others.


Based on the Region


The market has been divided in the Sparkling Wine Market into the North American region, European region, Asia-Pacific region, Latin American region, and the Middle East and African region.


Regional Analysis



  • The sparkling wine market has been divided all across the globe based on the regions into North American region, Asia-Pacific region, European region, Latin American region, and the Middle East and African region. The largest market share all across the globe is held by the European region owing to the presence of well-established technologically advanced infrastructure that drives the market demand to this region. Moreover, the market of this region is divided into various medium-scale and small-scale emerging market players.

  • The second-largest market share all across the globe is held by the North American region owing to the presence of major key players in this region that drives the market demand. Moreover, increasing health awareness all across the region is another contributing factor that drives the market demand as wines are considered healthier alcoholic beverages.

  • Being the fastest-growing region, the third-largest market share in the global market is held by the Asia-Pacific region owing to the presence of various highly populated countries like China and India. Moreover, higher per capita disposable income is another contributing factor that drives Sparkling Wine Market demand in this region.

  • The Latin American region and the Middle East and African region hold the least market share due to the presence of low infrastructure in both these regions. Low per capita disposable income is another contributing factor that restricts the market growth in these regions.


Competitive Landscape


The most prominent major key players in the global sparkling wine market all across the globe are mentioned below:



  • Bronco Wine Co. (US)

  • Constellation Brands, Inc. (US)

  • E & J Gallo Winery (US)

  • Freixenet (Spain)

  • Treasury Wine Estates Ltd. (Australia)

  • California Champagnes (US)

  • Pernod Ricard (France)

  • Moet Hennessy USA (US)

  • The Sparkling Wine Co. (UK)

  • Illinois Sparkling Co. (US)


These major key players use various strategies to sustain their market position in the Sparkling wine market in the global market by going for mergers, and acquisitions, by collaborating, setting up a new joint venture, establishing a partnership, developing a new product line, innovation in the existing product, developing a new production process, and many others to expand their customer base in the untapped market of the Sparkling wine all across the globe.


Recent Developments



  • In December 2019, modifications have been made in agreement with Constellation Brands Inc., by the E & J Gallo Winery for the purchase of a portfolio of wine brands with its other winemaking facilities located in New York, Washington, and California.

  • In February 2019, the brand name, Dia Sparkler has been canned for the first time in India. It was launched by one of the most popular wine brands across India named, Sula Vineyards.

  • Treasury Wine Estates Ltd. (Australia) is spending a huge sum of money on research and development to get an upper edge over its competitors. This will help the company in increasing its sales revenue.

  • All the major market key players are highly investing in mergers and acquisitions, new joint ventures, and new product launches.


Report Overview


This sparkling wine market research report consists of the following elements mentioned below:



  • Market Overview

  • COVID 19 Analysis

  • Market Dynamics

  • Technical Analysis

  • Market Segmentation

  • Regional Analysis

  • Competitive Landscape

  • Recent Developments


This market research report contains factors that drive the growth of the sparkling wine market in the global market along with the factors that restrict its growth in the global market. The technical analysis during the forecasted period is mentioned. The impact of COVID 19 on the sparkling wine market all across the globe is mentioned. The future growth rate in the Sparkling wine market during the forecasted period is estimated and mentioned.


Intended Audience


Traders, importers, and exporters, e-commerce companies, retailers and wholesalers, raw material suppliers and distributors, and sparkling wine producers.



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Frequently Asked Questions (FAQ) :

Based on type, the white sparkling wine segment and based on the distribution channel, the retail segment holds majority shares in the global sparkling wine market.

Economic growth, availability of a wide range of varieties, and the increasing product launches are major tailwinds pushing the growth of the global sparkling wine market.

Europe holds the largest share in the global sparkling wine market, followed by North America and the Asia Pacific, respectively.

Treasury Wine Estates Ltd. (Australia), Sparkling Wine Co. (UK), E. & J. Gallo Winery (US), Illinois Sparkling Co. (US), Freixenet (Spain), Pernod Ricard (France), Constellation Brands, Inc. (US), Bronco Wine Co. (US), California Champagnes (US), and MoΓ«t Hennessy USA (US), are some of the top players operating in the global sparkling wine market.

Strategic initiatives such as mergers & acquisitions, collaborations, expansion, and technology/ product launch are some of the growth strategies that players operating in the global sparkling wine market adopt to gain a larger competitive advantage.