Champagne Market Size, Growth and Analysis 2027 According to the latest report by IMARC Group, titled "Champagne Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.’ the global champagne market is expected to exhibit a CAGR of XX% during 2022-2027.
Champagne is an alcoholic beverage that is produced from a specific variety of grapes harvested in the Champagne region of France. These grapes are fermented and aged for several years to produce wine with an alcohol content of about 9% by volume. It comprises low amounts of calories and varying levels of sugar with high levels of resveratrol. Its moderate consumption is widely associated with regulating cholesterol levels, improving heart health, reducing damage to blood vessels, lowering the risks of developing diabetes, and preventing blood clots. It is commonly consumed as a celebratory drink at anniversaries, celebrations, weddings, sporting events, and corporate gatherings.
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Global Champagne Market Trends:
The global market is majorly driven by the rising trend of socialization among the masses. This is supported by rapid urbanization, inflating disposable income levels of individuals and their shifting lifestyle preferences. Moreover, the growing trend of weekend parties and gatherings across the corporate sector is also providing a boost to the demand for premium alcoholic beverages, including champagne. Furthermore, significant growth in the hospitality sector is also creating a positive outlook for the market. Also, since champagne is widely utilized in the preparation of gourmet food preparations across luxury hotels, the rising popularity of food tourism is facilitating its uptake on the global level. Apart from this, multiple key players are increasingly participating in the production of champagne by combining advanced technologies and traditional hybridization techniques to gain a competitive edge in the market. Some of the other factors contributing to the market growth include the advent of canned champagne and the growing preference for purchasing unique and exotic flavored champagne through online retail channels.
Note: 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.
| Report Features | Details |
| Base Year of the Analysis | 2021 |
| Historical Period | 2016-2021 |
| Forecast Period | 2022-2027 |
| Units | US$ Billion |
| Segment Coverage | Product, Price, Distribution Channel, Region |
Champagne Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape with Key Players:
- Arvitis
- Centre Vinicole – Champagne Nicolas Feuillatte
- Champagne Piper-Heidsieck
- Diageo
- LANSON-BCC
- Laurent-Perrier
- LVMH Mot Hennessy Louis Vuitton
- Pernod Ricard
- Taittinger
- 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 Cuve
- Blanc De Noirs
- Blanc De Blancs
- Ros Champagne
- Others
Breakup by Price:
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)
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Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- 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.
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