Sparkling wine market share, size, demand, price trends, growth and forecast by 2027 – mainlander.nz
According to the latest IMARC group report titled ” Sparkling Wine Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027», The market is currently experiencing strong growth. The Global Sparkling wine market show moderate growth over the next five years. Sparkling wine is a fermented alcoholic drink saturated with carbon dioxide. It is usually available in red, pink, and white variations that are produced from still wine that undergoes secondary fermentation in a blend of yeast, sucrose nutrients, and additives. Sparkling wine is a rich source of polyphenols and antioxidants which can help prevent oxidative stress in the body and minimize the risk of stroke and developing Alzheimer’s disease. It is widely served in restaurants, hotels, microbreweries, cafes, pubs and bars on special occasions, events and parties.
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Like the new coronavirus (COVID-19[female[feminine) the crisis is taking hold of the world, we are constantly monitoring changes in the markets, as well as the purchasing behavior of consumers around the world and our estimations on the latest market trends and forecasts are made after considering the impact of this pandemic.
The global sparkling wine market is primarily driven by the growing preference for premium alcoholic beverages among the masses, especially millennials. At the same time, the growing number of distilleries offering a variety of experimental wine-based cocktails is also driving the growth of the market. In addition, various product innovations, such as the launch of sparkling wines with exotic flavors and alcohol-free variants, are driving the growth of the market. Other factors, including the growing trend to offer sparkling wines with personalized bottles and labels, as well as the increasing spending capabilities of consumers, are creating a positive outlook for the market.
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Competitive landscape with key players:
The report also analyzed the competitive landscape of the market with some of the major players being.
- Wines of honor
- Bacardi Limited
- Bronco Winery
- Brands of the Casella family
- Caviro Extra SpA
- Constellation Brands Inc.
- Freixenet Sa (Henkell & Co. Sektkellerei)
- Giulio Cocchi Spumanti Srl
- Illinois Sparkling Co.
- Quady wine estate
- Wineries of the Trésor
- Vina Concha and Toro
Sparkling wine Market segmentation :
Our report categorized the market based on region, type, product, price, and sales channel.
Breakdown by type:
Breakdown by product:
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Breakdown by price:
Breakdown by sales channel:
- Supermarket and Hypermarket
- Specialty stores
- On trade
Breakdown by region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia-Pacific (China, Japan, India, Australia, Indonesia, Korea, others)
- Latin America (Brazil, Mexico, others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, others)
Highlights of the report:
- Market performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market drivers and success factors
- SWOT analysis
- Value chain
- Complete mapping of the competitive landscape
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