According to the latest report by IMARC Group, titled “Champagne Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global champagne market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 3% during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Champagne, or sparkling wine, is a French alcoholic beverage manufactured using grapes, yeast and sugar. Blanc De Blancs, Prestige Cuvée, Rosé and Blanc De Noirs are some commonly available blends of champagne. It has a crisp texture and flinty taste and is made using Meunier, black and white grapes. Champagne has a low-calorie content and is a rich source of antioxidants, magnesium, potassium and zinc. Regular and moderate consumption of champagne can aid in improving heart health, boosting memory, detoxifying skin and minimizing the risks of developing diabetes.
The global champagne market is primarily being driven by the increasing demand for premium alcoholic beverages. This can be attributed to the changing consumer lifestyles and rising socialization trends among the millennials. Moreover, various product innovations, such as the launch of champagne in new and exotic flavors including strawberry, blueberry, peach and apple, are providing a thrust to the market growth. Pubs, bars, hotels, restaurants and cafés are also experimenting with wine to cook novel dishes to provide their customers with more authentic experiences. Other factors, including significant growth in the food and beverage and hospitality industries, along with convenient product availability through online and e-commerce platforms, are anticipated to drive the market further.
Champagne Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the global champagne market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Centre Vinicole – Champagne Nicolas Feuillatte
- Champagne Piper-Heidsieck
- LVMH Moët Hennessy Louis Vuitton
- Pernod Ricard
- Vranken – Pommery Monopole SA
Key Market Segmentation:
The report has segmented the global champagne market on the basis of product, price, distribution channel and region.
Breakup by Product:
- Prestige Cuvée
- Blanc De Noirs
- Blanc De Blancs
- Rosé Champagne
Breakup by Price:
Breakup by Distribution Channel:
- Supermarket and Hypermarket
- Specialty Stores
- Online Stores
Breakup by Region:
- North America
- Latin America
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Industry Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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