Global Champagne Market, By Product (Prestige Cuvée, Blanc De Noirs, Blanc De Blancs, Rosé Champagne, Others), Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Online Stores), Grade Type (Pinot Meunier, Pinot Noir, Chardonnay), Flavour (Fruity, Brut), Price Point (Economy, Mid-range, Luxury), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights of Champagne Market
The champagne market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the champagne market will project a CAGR of 6.3% for the forecast period of 2021-2028.
Champagne is basically a white wine manufactured by blending the grapes such as pinot meunier, pinot noir, and chardonnay, which are brewed to produce wine containing about 9% alcohol by volume. The champagne possess several beneficial properties such as it reduce dementia and memory loss, contains low- calories and is highly beneficial for skin too.
The factors such as availability of different champagne flavors and increasing spending by hotels, airline services and other to keep champagne of different flavors are the major factors fostering the growth of the champagne market. Additionally, the rising usage of champagne in different cocktail and cuisines are other important factors acting as champagne market growth determinants. Rising acceptance for consumption of alcohol in the cultural beliefs of consumers and changing tastes and preferences of consumers will further induce growth in the champagne market value. However, high cost of the champagne and the fluctuations in the prices of raw materials will pose a major challenge to the growth of the champagne market. Rising health awareness among population will also pose as a major challenge for the market growth rate.
This champagne market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on champagne market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Champagne Market Scope and Market Size
The champagne market is segmented on the basis of product, distribution channel, grade type, flavor and price point. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product, the champagne market is segmented into prestige cuvée, blanc de noirs, blanc de blancs, rosé champagne and others.
- On the basis of distribution channel, the champagne market is segmented into supermarkets/hypermarkets, specialty stores and online stores.
- On the basis of grade type, the global champagne market is segmented into pinot meunier, pinot noir and chardonnay.
- On the basis of flavor, the champagne market is segmented into fruity and brut. The fruity is also further sub-segmented into apple, pear, citrus, strawberry, nutty, cream and vanilla.
- On the basis of price point, the market is bifurcated into economy, mid-range and luxury.
Champagne Market Country Level Analysis
The champagne market is analyses and market size, volume information is provided by product, distribution channel, grade type, flavor and price point as referenced above.
The countries covered in the champagne market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
North America dominates the champagne market and will continue to flourish its trend of dominance during the forecast period due to the conventional importance of alcohol in ceremonies. Asia-Pacific is supposed to show lucrative growth due to growing support for wineries and the rising disposable income within the region.
The country section of the champagne market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Champagne Market Share Analysis
The champagne market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to champagne market.
The major players covered in the champagne market report are LANSON-BCC, Champagne GH Martel & Co, Taittinger, Moet Hennessy USA, Inc, Vranken - Pommery Monopole, Pernod Ricard, Louis Roederer, Veuve Clicquot, Pommery, Piper-Heidsieck, Andre Champagne Cellars, Alumiceal, Centre Vinicole – Champagne Nicolas Feuillatte, G.H. Mumm et Cie, Bollinger, Artwinery among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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