Champagne Market Size, Demand, Key Players, Growth and Analysis During 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “Champagne Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global champagne market trends, size, share, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How big is the champagne market?

Report Attributes

Details

Market Size in 2022

US$ 6.1 Billion

Market Forecast in 2028

US$ 7.2 Billion

Growth rate (2023 to 2028)

CAGR of 3.1%

Base Year of the Analysis

2022

Forecast Period

2023-2028

What are Champagne services?

Champagne is a renowned alcoholic beverage known for its unique taste and effervescence. It is typically made from grapes, specifically Chardonnay, Pinot Noir, and Pinot Meunier varieties, though other fruits such as apples, almonds, and citrus may also be used. The production process involves aging the beverage for several years to achieve varying levels of sweetness, complexity, and texture, resulting in a distinct and high-quality drink. In addition to its exquisite taste, champagne also offers some potential health benefits when consumed in moderation, such as enhanced mood, reduced risk of diabetes by improving insulin sensitivity, lowered inflammation, minimized bad cholesterol levels, and eliminated damage to blood vessels due to its antioxidant properties.

What are the growth prospects and trends in the Champagne industry?

The global champagne market is witnessing significant growth due to several factors, including rising consumer expenditure capacities and rapid urbanization. The easy product availability on online platforms and increasing alcohol consumption are also bolstering the market growth. Furthermore, consumers are increasingly shifting towards premium champagne, which has compelled leading players to introduce a variety of product variants, such as canned champagne, with unique flavors. This, in turn, is creating a positive outlook for the market. Moreover, the rising product demand in social events, such as weddings, anniversaries, corporate events, and sports events, and the escalating awareness regarding the health benefits of champagne are accelerating the market growth.

Who are the key players operating in the industry?

Some of these key players include:

  • Arvitis
  • Centre Vinicole – Champagne Nicolas Feuillatte
  • Champagne Piper-Heidsieck
  • Diageo
  • LANSON-BCC
  • Laurent-Perrier
  • LVMH Moët Hennessy Louis Vuitton
  • Pernod Ricard
  • Taittinger
  • Vranken - Pommery Monopole SA

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Product:

  • Prestige Cuvée
  • Blanc De Noirs
  • Blanc De Blancs
  • Rosé Champagne
  • Others

Breakup by Price:

  • Economy
  • Mid-Range
  • Luxury

Breakup by Distribution Channel:

  • Supermarket and Hypermarket
  • Specialty Stores
  • Online Stores

Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iran, Others)

Request a Free PDF Sample of the Report: https://www.imarcgroup.com/champagne-market/requestsample

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us

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 Group’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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