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The Global Sparkling Wine Market size was valued at $33.9 billion in 2019, and is anticipated to reach $51.7 billion by 2027, growing at a CAGR of 7% during the forecast period 2021-2027.
Sparkling wines are foamy wines that contain significant amounts of carbon dioxide. The large amount of carbon dioxide creates a significant amount of foam in the wine. Wine is produced by a double fermentation process. During the secondary fermentation process, carbon dioxide gas is produced in the bottle. Champagne is one of the most recognizable types of sparkling wine and is world famous. Champagne produced in France is famous all over the world. It is considered luxurious and can be used in alcoholic and non-alcoholic beverages that can be consumed by people of all ages, so it is mainly used for success parties and celebrations.
Market Segments
By Type
- Red
- Rose
- White
By Product
- Cava
- Champagne
- Cremant
- Prosecco
- Others
By Price Point
- Economy
- Mid-range
- Luxury
Key Players
Some of the prominent players operating in the sparkling wine market are ILLINOIS SPARKLING CO., Moët Hennessy USA, The Sparkling Wine Co., LANSON-BCC, and Pernod Ricard.
Scope of the Report
The research study analyzes the global Sparkling Wine industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
A full report of Global Sparkling Wine Market is available at: https://www.orionmarketreports.com/sparkling-wine-market/63052/
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Sparkling Wine Market Report
- What was the Sparkling Wine Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Sparkling Wine Market during the forecast period (2021-2027)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
- Which manufacturer/vendor/players in the Sparkling Wine Market was the market leader in 2020?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Sparkling Wine market.
- The market share of the global Sparkling Wine market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Sparkling Wine market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Sparkling Wine market.
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
