Sparkling Wine Market Trend Analysis Research by Type (Champagne, Prosecco, Cava, Crémant) and Application (Celebrations & events, Dining & hospitality, Retail sales, Gifting), by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)- Global Forecast to 2034

“The Sparkling Wine industry is expected to expand from $ 423.5 Billion in 2025 to $ 895.3 Billion in 2034, with a compound annual growth rate of 7.3%. “

Sparkling Wine Market: Overview and Growth in the Upcoming Year

The sparkling wine industry has grown significantly in recent years, with a variety of options like Champagne, Prosecco, Cava, and sparkling rosé available. The growing popularity of sparkling wine among millennials, who prefer lighter drinks, is driving the industry forward. The proliferation of online wine stores and subscription services has made it easier for customers to access a diverse range of sparkling wines from around the world, making it an excellent choice for social events and festivities.

The demand for sparkling wine is expanding beyond traditional regions like France and Italy to countries like the US, Australia, and New Zealand, with local producers producing high-quality wines that compete with established ones. This global demand is expected to rise in the next year as customers seek innovative wine experiences.

The sparkling wine industry is dominated by champagne companies like Moët & Chandon and Veuve Clicquot, producing premium products for consumers. However, younger competitors like Freixenet and Mionetto have also gained success with their low-cost, high-quality sparkling wines, offering a wider selection.

Analysts predict a steady growth in the sparkling wine industry in the coming year due to high consumer demand and the industry’s focus on sustainability and eco-friendly practices, allowing producers to meet evolving customer needs while maintaining market competitiveness.

Customers are increasingly seeking affordable and high-quality sparkling wine, with Prosecco being a popular choice due to its fruity flavors and low cost. Meanwhile, premium Champagne brands are attracting customers seeking a lavish and pleasurable wine-drinking experience.

The sparkling wine market is regulated to ensure product safety and quality, with strict criteria including labelling standards and appellation of origin rules. By adhering to these requirements, producers can gain customer trust and establish themselves as credible brands in the market.

For Insights Consultancy’s latest market intelligence study, “Global Sparkling Wine Market 2025, Growth Opportunities, and Forecast,” provides a comprehensive analysis of the Food industry. The report includes demand analysis, industry insights, competition intelligence, and a customer database. It also offers strategic insights into future trends, growth determinants, supplier landscape, demand landscape, CAGR, and pricing analysis. The study also includes Porter’s Five Forces Analysis, PESTLE Analysis, Value Chain Analysis, 4 Ps’ Analysis, Market Attractiveness Analysis, BPS Analysis, and Ecosystem Analysis.

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Top Companies Covered In This Report:

• Pernod Ricard Winemakers Australia Pty Ltd.
• LVMH Moët Hennessy Louis Vuitton SE
• Freixenet S.A.
• Codorníu Raventós Group
• Henkell & Co. Sektkellerei KG
• Domaine Chandon
• Segura Viudas (Freixenet)
• Ferrari Trento (Gruppo Lunelli)
• Accolade Wines
• Treasury Wine Estates
• Rotkäppchen-Mumm Sektkellereien GmbH

Detailed Segmentation and Classification of the report (Market Size and Forecast – 2034, Y-o-Y growth rate, and CAGR):

Segment by Product

• Champagne
• Prosecco
• Cava
• Crémant

Segment by Application

• Celebrations & events
• Dining & hospitality
• Retail sales
• Gifting

Regional Deep-dive Analysis:

The report provides in-depth qualitative and quantitative data on the Sparkling Wine Market for all of the regions and countries listed below:

• North America includes the United States, Canada, and Mexico.
• Europe includes Germany, France, Italy, the United Kingdom, Scandinavia, Benelux, Russia, and the rest of Europe.
• Asia-Pacific includes Japan, South Korea, India, China, Southeast Asia, and Australia.
• South America (including Brazil, Argentina, and the rest of South America)
• Middle East and Africa (Saudi Arabia, UAE, Israel, South Africa)

Each country is studied in detail, and the study includes qualitative and quantitative analysis of the Sparkling Wine Market in that country.

North America

North America’s sparkling wine market is dominated by the United States and Canada, with consumers increasingly adopting it as a daily luxury. Popular options include Prosecco and Champagne. In Canada, domestic manufacturers are gaining market share, boosting sparkling wine consumption.

Europe

Europe’s sparkling wine industry is dominated by France, Italy, and Spain. Champagne, renowned for its quality, is a popular choice for global celebrations. Prosecco, a less expensive alternative to Champagne, has gained popularity. Spain’s Cava, known for its crisp and refreshing taste, is another major player in the industry.

Asia Pacific

The Asia Pacific region is experiencing a surge in demand for sparkling wine due to changing consumer preferences and a growing interest in wine culture. Countries like China, Japan, and Australia are embracing this trend by offering new flavors and innovative packaging.

Middle East

The Middle East, including the UAE and Israel, is gaining significant market share in the sparkling wine industry due to its hot climate and growing tourist sector, particularly during holidays and special events, prompting producers to offer sweeter, fruitier alternatives.

Recent News:

In June 2022, Rathfinny unveiled English sparkling wine aged on the Arctic Ocean seabed. Rathfinny Wine Estate has teamed up with cruise operator Hurtigruten Norway to age 1,700 bottles of sparkling wine on the Arctic Ocean seabed.

In August 2023, Blur’s Alex James launched a new ‘Britpop’ sparkling wine. Blur bassist Alex James has launched his brand of ‘Britpop’ sparkling wine.

The research provides answers to the following key questions:

1. What is the expected growth rate of the Sparkling Wine market from 2025-2034?
2. What are the key driving forces shaping the market during the forecast period?
3. Who are the major market vendors and what winning strategies have helped them occupy a strong foothold in the Sparkling Wine market?
4. What are the prominent market trends influencing the market’s development?

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Key insights provided by the report that could help you take critical strategic decisions?

• Regional reports analyse product/service consumption and market factors in each region.
• Reports highlight possibilities and dangers for suppliers in the Sparkling Wine business globally.
• The report identifies regions and sectors with the highest growth potential.
• It provides a competitive market ranking of major companies, as well as information on new product launches, partnerships, business expansions, and acquisitions.
• The report includes a comprehensive corporate profile with company overviews, insights, product benchmarks, and SWOT analysis for key market participants.

Customization: We can provide following things

1) On request more company profiles (competitors)

2) Data about particular country or region

3) We will incorporate the same with no additional cost (Post conducting feasibility).

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Table of Contents

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