Champagne Market was worth US$ 6.24 Bn in 2022 and total revenue is expected to grow at a rate of 3.2% CAGR from 2023 to 2029, reaching almost US$ 7.78 Bn in 2029.Champagne Market Overview:
The world’s top sparkling wines may be found on the global champagne market. It is expected to rise steadily, owing to a growing emphasis on celebrating common accomplishment, a greater emphasis on identifying individual milestones, and the timeless and ephemeral understanding of life impermanence. For many people, champagne is just sparkling wine. In many cultures though it is virtually sacred during festivals. Champagne market operators are only allowed to describe their products as champagne if the wine comes from the champagne area of France, according to EU regulation.To know about the Research Methodology :- Request Free Sample Report
COVID-19 impact on market:
COVID-19 has the potential to have three major effects on the global economy: directly impacting production and demand, causing supply chain and market disruption, and having a financial impact on businesses and financial markets. Our analysts, who are monitoring the situation throughout the world, believe that the market would provide producers with lucrative opportunities following the COVID-19 dilemma. The report analyzes factors affecting market from both demand and supply side and further evaluates champagne market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend.Champagne Market Dynamics:
The growing popularity of champagne and increasing preference for low-calorie drinks among individuals are major factors driving the growth of the target market. Rising growth of the global market. Furthermore, the growing availability of different types of champagne and increasing adoption of champagne during celebration festivals are factors propelling the growth of the global market. The growing demand for premium alcoholic beverages is essentially driving the global champagne market. This can be due to millennial shifting consumption and increasing sociability trends. Also, different product improvements such as introduction of champagne in new and exotic flavors such as strawberry, blueberry, peach etc. are driving the market growth. Pubs, hotels, restaurants and cafes are also experimenting with wine to create new foods in order to deliver more authentic experiences for their consumers. However, the high cost of champagne and less availability of flavored champagne in small bottles are major factors expected to hinder the growth of the champagne market globally. Development of cost-effective champagne and introduction of new flavors in champagne can create high revenue opportunities for players in the champagne market. The report on the global champagne market covers segments such as product, distribution channel, grade type, and region. Based on the distribution channel, off-trade held the leading share of more than xx% in 2022, because of the high market visibility of liquor shops as a key buying source among consumers.Champagne Market Segment Analysis:
The Consumer Electronics Market is sub-segmented into Product, Distribution channel and Grade type. Based on Product, the market is sub-segmented into Prestige Cuvee, Blanc De Noirs, Blanc De Blancs, Rose Champagne and Others. Blanc de Blancs held the largest share of more than xx% in the global market in 2022. Referred to as the soul of champagne, this product variant is prepared from chardonnay alone. It is extensively popular among consumers owing to its good natural acidity and distinct minerality. Moreover, it can be paired with an extensive range of foods such as shellfish, turbot, sea bass, or even strongly flavoured aged cheese. A market in Europe accounts for largest market share in terms of revenue and is expected to maintain its dominance over the forecast period, because of the presence of a large number of wineries and increasing consumption of alcoholic beverages in the region. The market in North America is expected to witness the fastest growth in the market in terms of revenue over the forecast period, owing to the rising number of recreational clubs and lounges in the region.Champagne Market Regional Analysis:
Europe holds largest shares in the global champagne market in 2022 also champagne was the seventh largest wine-growing in France. Similar to Bordeaux and Burgundy, champagne was considered a ripe wine- growing because the value of its wine was considered relatively stable. From 2018 to 2022. CIVC recorded a worldwide decline in the sale of champagne (-1.7% compared to +0.4% in 2018-2022). Again the backdrop of falling British exports and weak French market. Industry analysts saw the decline in champagne consumption in 2018-2019 as a result of weak consumer prospects and intense export competition from other sparkling wines such as Italian Prosecco. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding Global Champagne Market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address the question of shareholders to prioritizing the efforts and investment shortly to the emerging segment in the Global Champagne Market.Champagne Market Scope: Inquire before buying
Champagne Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 6.24 Bn. Forecast Period 2023 to 2029 CAGR: 3.2% Market Size in 2029: US $ 7.78 Bn. Segments Covered: by Product Prestige Cuvée Blanc De Noirs Blanc De Blancs Rosé Champagne Others by Distribution Channel Off-trade On-trade by Grade Type Pinot Meunier Pinot Noir Chardonnay Champagne Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Champagne Market Key Players are:
1. Moet & Chandon 2. Nicolas Feuillatte 3. Veuve Clicquot 4. Laurent Perrier 5. Dom Perignon 6. Mumm 7. Piper Heidsieck 8. Pommery 9. Taittinger 10.Louis Roederer 11.Perrier Jouet 12.Bollinger 13.Ruinart 14.Pol Roger 15.Lanson 16.Krug Frequently Asked Questions: 1. Which region has the largest share in Global Champagne Market? Ans: Europe region holds the highest share in 2022. 2. What is the growth rate of Global Champagne Market? Ans: The Global Champagne Market is growing at a CAGR of 3.2% during forecasting period 2023-2029. 3. What segments are covered in Global Champagne market? Ans: Global Champagne Market is segmented into Product, distribution channel, grade type and region. 4. Who are the key players in Global Champagne market? Ans: The important key players in the Global Champagne Market are – Moet & Chandon, Nicolas Feuillatte, Veuve Clicquot, Laurent Perrier, Dom Perignon, Mumm, Piper Heidsieck, Pommery, Taittinger, Louis Roederer 5. What is the study period of this market? Ans: The Global Champagne Market is studied from 2022 to 2029.
1. Champagne Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Champagne Market: Dynamics 2.1. Champagne Market Trends by Region 2.1.1. North America Champagne Market Trends 2.1.2. Europe Champagne Market Trends 2.1.3. Asia Pacific Champagne Market Trends 2.1.4. Middle East and Africa Champagne Market Trends 2.1.5. South America Champagne Market Trends 2.2. Champagne Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Champagne Market Drivers 2.2.1.2. North America Champagne Market Restraints 2.2.1.3. North America Champagne Market Opportunities 2.2.1.4. North America Champagne Market Challenges 2.2.2. Europe 2.2.2.1. Europe Champagne Market Drivers 2.2.2.2. Europe Champagne Market Restraints 2.2.2.3. Europe Champagne Market Opportunities 2.2.2.4. Europe Champagne Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Champagne Market Drivers 2.2.3.2. Asia Pacific Champagne Market Restraints 2.2.3.3. Asia Pacific Champagne Market Opportunities 2.2.3.4. Asia Pacific Champagne Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Champagne Market Drivers 2.2.4.2. Middle East and Africa Champagne Market Restraints 2.2.4.3. Middle East and Africa Champagne Market Opportunities 2.2.4.4. Middle East and Africa Champagne Market Challenges 2.2.5. South America 2.2.5.1. South America Champagne Market Drivers 2.2.5.2. South America Champagne Market Restraints 2.2.5.3. South America Champagne Market Opportunities 2.2.5.4. South America Champagne Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Champagne Industry 2.8. Analysis of Government Schemes and Initiatives For Champagne Industry 2.9. Champagne Market price trend Analysis (2021-22) 2.10. Champagne Market Trade Analysis 2.10.1. Global Import Analysis 2.10.1.1. Top Importer of Champagne 2.10.2. Global Export Analysis 2.10.2.1. Top Exporter of Champagne 2.11. Champagne Production Analysis 2.12. The Global Pandemic Impact on Champagne Market 3. Champagne Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value and Volume) 2022-2029 3.1. Champagne Market Size and Forecast, by Product (2022-2029) 3.1.1. Prestige Cuvée 3.1.2. Blanc De Noirs 3.1.3. Blanc De Blancs 3.1.4. Rosé Champagne 3.1.5. Others 3.2. Champagne Market Size and Forecast, by Distribution Channel (2022-2029) 3.2.1. Off-trade 3.2.2. On-trade 3.3. Champagne Market Size and Forecast, by Grade Type (2022-2029) 3.3.1. Pinot Meunier 3.3.2. Pinot Noir 3.3.3. Chardonnay 3.4. Champagne Market Size and Forecast, by Region (2022-2029) 3.4.1. North America 3.4.2. Europe 3.4.3. Asia Pacific 3.4.4. Middle East and Africa 3.4.5. South America 4. North America Champagne Market Size and Forecast by Segmentation (by Value and Volume) 2022-2029 4.1. North America Champagne Market Size and Forecast, by Product (2022-2029) 4.1.1. Prestige Cuvée 4.1.2. Blanc De Noirs 4.1.3. Blanc De Blancs 4.1.4. Rosé Champagne 4.1.5. Others 4.2. North America Champagne Market Size and Forecast, by Distribution Channel (2022-2029) 4.2.1. Off-trade 4.2.2. On-trade 4.3. North America Champagne Market Size and Forecast, by Grade Type (2022-2029) 4.3.1. Pinot Meunier 4.3.2. Pinot Noir 4.3.3. Chardonnay 4.4. North America Champagne Market Size and Forecast, by Country (2022-2029) 4.4.1. United States 4.4.1.1. United States Champagne Market Size and Forecast, by Product (2022-2029) 4.4.1.1.1. Prestige Cuvée 4.4.1.1.2. Blanc De Noirs 4.4.1.1.3. Blanc De Blancs 4.4.1.1.4. Rosé Champagne 4.4.1.1.5. Others 4.4.1.2. United States Champagne Market Size and Forecast, by Distribution Channel (2022-2029) 4.4.1.2.1. Off-trade 4.4.1.2.2. On-trade 4.4.1.3. United States Champagne Market Size and Forecast, by Grade Type (2022-2029) 4.4.1.3.1. Pinot Meunier 4.4.1.3.2. Pinot Noir 4.4.1.3.3. Chardonnay 4.4.2. Canada 4.4.2.1. Canada Champagne Market Size and Forecast, by Product (2022-2029) 4.4.2.1.1. Prestige Cuvée 4.4.2.1.2. Blanc De Noirs 4.4.2.1.3. Blanc De Blancs 4.4.2.1.4. Rosé Champagne 4.4.2.1.5. Others 4.4.2.2. Canada Champagne Market Size and Forecast, by Distribution Channel (2022-2029) 4.4.2.2.1. Off-trade 4.4.2.2.2. On-trade 4.4.2.3. Canada Champagne Market Size and Forecast, by Grade Type (2022-2029) 4.4.2.3.1. Pinot Meunier 4.4.2.3.2. Pinot Noir 4.4.2.3.3. Chardonnay 4.4.3. Mexico 4.4.3.1. Mexico Champagne Market Size and Forecast, by Product (2022-2029) 4.4.3.1.1. Prestige Cuvée 4.4.3.1.2. Blanc De Noirs 4.4.3.1.3. Blanc De Blancs 4.4.3.1.4. Rosé Champagne 4.4.3.1.5. Others 4.4.3.2. Mexico Champagne Market Size and Forecast, by Distribution Channel (2022-2029) 4.4.3.2.1. Off-trade 4.4.3.2.2. On-trade 4.4.3.3. Mexico Champagne Market Size and Forecast, by Grade Type (2022-2029) 4.4.3.3.1. Pinot Meunier 4.4.3.3.2. Pinot Noir 4.4.3.3.3. Chardonnay 5. Europe Champagne Market Size and Forecast by Segmentation (by Value and Volume) 2022-2029 5.1. Europe Champagne Market Size and Forecast, by Product (2022-2029) 5.2. Europe Champagne Market Size and Forecast, by Distribution Channel (2022-2029) 5.3. Europe Champagne Market Size and Forecast, by Grade Type (2022-2029) 5.4. Europe Champagne Market Size and Forecast, by Country (2022-2029) 5.4.1. United Kingdom 5.4.1.1. United Kingdom Champagne Market Size and Forecast, by Product (2022-2029) 5.4.1.2. United Kingdom Champagne Market Size and Forecast, by Distribution Channel (2022-2029) 5.4.1.3. United Kingdom Champagne Market Size and Forecast, by Grade Type(2022-2029) 5.4.2. France 5.4.2.1. France Champagne Market Size and Forecast, by Product (2022-2029) 5.4.2.2. France Champagne Market Size and Forecast, by Distribution Channel (2022-2029) 5.4.2.3. France Champagne Market Size and Forecast, by Grade Type(2022-2029) 5.4.3. Germany 5.4.3.1. Germany Champagne Market Size and Forecast, by Product (2022-2029) 5.4.3.2. Germany Champagne Market Size and Forecast, by Distribution Channel (2022-2029) 5.4.3.3. Germany Champagne Market Size and Forecast, by Grade Type (2022-2029) 5.4.4. Italy 5.4.4.1. Italy Champagne Market Size and Forecast, by Product (2022-2029) 5.4.4.2. Italy Champagne Market Size and Forecast, by Distribution Channel (2022-2029) 5.4.4.3. Italy Champagne Market Size and Forecast, by Grade Type(2022-2029) 5.4.5. Spain 5.4.5.1. Spain Champagne Market Size and Forecast, by Product (2022-2029) 5.4.5.2. Spain Champagne Market Size and Forecast, by Distribution Channel (2022-2029) 5.4.5.3. Spain Champagne Market Size and Forecast, by Grade Type (2022-2029) 5.4.6. Sweden 5.4.6.1. Sweden Champagne Market Size and Forecast, by Product (2022-2029) 5.4.6.2. Sweden Champagne Market Size and Forecast, by Distribution Channel (2022-2029) 5.4.6.3. Sweden Champagne Market Size and Forecast, by Grade Type (2022-2029) 5.4.7. Austria 5.4.7.1. Austria Champagne Market Size and Forecast, by Product (2022-2029) 5.4.7.2. Austria Champagne Market Size and Forecast, by Distribution Channel (2022-2029) 5.4.7.3. Austria Champagne Market Size and Forecast, by Grade Type (2022-2029) 5.4.8. Rest of Europe 5.4.8.1. Rest of Europe Champagne Market Size and Forecast, by Product (2022-2029) 5.4.8.2. Rest of Europe Champagne Market Size and Forecast, by Distribution Channel (2022-2029) 5.4.8.3. Rest of Europe Champagne Market Size and Forecast, by Grade Type (2022-2029) 6. Asia Pacific Champagne Market Size and Forecast by Segmentation (by Value and Volume) 2022-2029 6.1. Asia Pacific Champagne Market Size and Forecast, by Product (2022-2029) 6.2. Asia Pacific Champagne Market Size and Forecast, by Distribution Channel (2022-2029) 6.3. Asia Pacific Champagne Market Size and Forecast, by Grade Type (2022-2029) 6.4. Asia Pacific Champagne Market Size and Forecast, by Country (2022-2029) 6.4.1. China 6.4.1.1. China Champagne Market Size and Forecast, by Product (2022-2029) 6.4.1.2. China Champagne Market Size and Forecast, by Distribution Channel (2022-2029) 6.4.1.3. China Champagne Market Size and Forecast, by Grade Type (2022-2029) 6.4.2. S Korea 6.4.2.1. S Korea Champagne Market Size and Forecast, by Product (2022-2029) 6.4.2.2. S Korea Champagne Market Size and Forecast, by Distribution Channel (2022-2029) 6.4.2.3. S Korea Champagne Market Size and Forecast, by Grade Type (2022-2029) 6.4.3. Japan 6.4.3.1. Japan Champagne Market Size and Forecast, by Product (2022-2029) 6.4.3.2. Japan Champagne Market Size and Forecast, by Distribution Channel (2022-2029) 6.4.3.3. Japan Champagne Market Size and Forecast, by Grade Type (2022-2029) 6.4.4. India 6.4.4.1. India Champagne Market Size and Forecast, by Product (2022-2029) 6.4.4.2. India Champagne Market Size and Forecast, by Distribution Channel (2022-2029) 6.4.4.3. India Champagne Market Size and Forecast, by Grade Type (2022-2029) 6.4.5. Australia 6.4.5.1. Australia Champagne Market Size and Forecast, by Product (2022-2029) 6.4.5.2. Australia Champagne Market Size and Forecast, by Distribution Channel (2022-2029) 6.4.5.3. Australia Champagne Market Size and Forecast, by Grade Type (2022-2029) 6.4.6. Indonesia 6.4.6.1. Indonesia Champagne Market Size and Forecast, by Product (2022-2029) 6.4.6.2. Indonesia Champagne Market Size and Forecast, by Distribution Channel (2022-2029) 6.4.6.3. Indonesia Champagne Market Size and Forecast, by Grade Type (2022-2029) 6.4.7. Malaysia 6.4.7.1. Malaysia Champagne Market Size and Forecast, by Product (2022-2029) 6.4.7.2. Malaysia Champagne Market Size and Forecast, by Distribution Channel (2022-2029) 6.4.7.3. Malaysia Champagne Market Size and Forecast, by Grade Type (2022-2029) 6.4.8. Vietnam 6.4.8.1. Vietnam Champagne Market Size and Forecast, by Product (2022-2029) 6.4.8.2. Vietnam Champagne Market Size and Forecast, by Distribution Channel (2022-2029) 6.4.8.3. Vietnam Champagne Market Size and Forecast, by Grade Type(2022-2029) 6.4.9. Taiwan 6.4.9.1. Taiwan Champagne Market Size and Forecast, by Product (2022-2029) 6.4.9.2. Taiwan Champagne Market Size and Forecast, by Distribution Channel (2022-2029) 6.4.9.3. Taiwan Champagne Market Size and Forecast, by Grade Type (2022-2029) 6.4.10. Rest of Asia Pacific 6.4.10.1. Rest of Asia Pacific Champagne Market Size and Forecast, by Product (2022-2029) 6.4.10.2. Rest of Asia Pacific Champagne Market Size and Forecast, by Distribution Channel (2022-2029) 6.4.10.3. Rest of Asia Pacific Champagne Market Size and Forecast, by Grade Type (2022-2029) 7. Middle East and Africa Champagne Market Size and Forecast by Segmentation (by Value and Volume) 2022-2029 7.1. Middle East and Africa Champagne Market Size and Forecast, by Product (2022-2029) 7.2. Middle East and Africa Champagne Market Size and Forecast, by Distribution Channel (2022-2029) 7.3. Middle East and Africa Champagne Market Size and Forecast, by Grade Type (2022-2029) 7.4. Middle East and Africa Champagne Market Size and Forecast, by Country (2022-2029) 7.4.1. South Africa 7.4.1.1. South Africa Champagne Market Size and Forecast, by Product (2022-2029) 7.4.1.2. South Africa Champagne Market Size and Forecast, by Distribution Channel (2022-2029) 7.4.1.3. South Africa Champagne Market Size and Forecast, by Grade Type (2022-2029) 7.4.2. GCC 7.4.2.1. GCC Champagne Market Size and Forecast, by Product (2022-2029) 7.4.2.2. GCC Champagne Market Size and Forecast, by Distribution Channel (2022-2029) 7.4.2.3. GCC Champagne Market Size and Forecast, by Grade Type (2022-2029) 7.4.3. Nigeria 7.4.3.1. Nigeria Champagne Market Size and Forecast, by Product (2022-2029) 7.4.3.2. Nigeria Champagne Market Size and Forecast, by Distribution Channel (2022-2029) 7.4.3.3. Nigeria Champagne Market Size and Forecast, by Grade Type (2022-2029) 7.4.4. Rest of ME&A 7.4.4.1. Rest of ME&A Champagne Market Size and Forecast, by Product (2022-2029) 7.4.4.2. Rest of ME&A Champagne Market Size and Forecast, by Distribution Channel (2022-2029) 7.4.4.3. Rest of ME&A Champagne Market Size and Forecast, by Grade Type (2022-2029) 8. South America Champagne Market Size and Forecast by Segmentation (by Value and Volume) 2022-2029 8.1. South America Champagne Market Size and Forecast, by Product (2022-2029) 8.2. South America Champagne Market Size and Forecast, by Distribution Channel (2022-2029) 8.3. South America Champagne Market Size and Forecast, by Grade Type(2022-2029) 8.4. South America Champagne Market Size and Forecast, by Country (2022-2029) 8.4.1. Brazil 8.4.1.1. Brazil Champagne Market Size and Forecast, by Product (2022-2029) 8.4.1.2. Brazil Champagne Market Size and Forecast, by Distribution Channel (2022-2029) 8.4.1.3. Brazil Champagne Market Size and Forecast, by Grade Type (2022-2029) 8.4.2. Argentina 8.4.2.1. Argentina Champagne Market Size and Forecast, by Product (2022-2029) 8.4.2.2. Argentina Champagne Market Size and Forecast, by Distribution Channel (2022-2029) 8.4.2.3. Argentina Champagne Market Size and Forecast, by Grade Type (2022-2029) 8.4.3. Rest Of South America 8.4.3.1. Rest Of South America Champagne Market Size and Forecast, by Product (2022-2029) 8.4.3.2. Rest Of South America Champagne Market Size and Forecast, by Distribution Channel (2022-2029) 8.4.3.3. Rest Of South America Champagne Market Size and Forecast, by Grade Type (2022-2029) 9. Global Champagne Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Production of 2022 9.3.6. Company Locations 9.4. Leading Champagne Market Companies, by market capitalization 9.5. Analysis of Organized and Unorganized Key Players in Champagne Industry 9.6. Market Structure 9.6.1. Market Leaders 9.6.2. Market Followers 9.6.3. Emerging Players 9.7. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. Moet & Chandon 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Nicolas Feuillatte 10.3. Veuve Clicquot 10.4. Laurent Perrier 10.5. Dom Perignon 10.6. Mumm 10.7. Piper Heidsieck 10.8. Pommery 10.9. Taittinger 10.10. Louis Roederer 10.11. Perrier Jouet 10.12. Bollinger 10.13. Ruinart 10.14. Pol Roger 10.15. Lanson 10.16. Krug 11. Key Findings 12. Industry Recommendations 13. Champagne Market: Research Methodology 14. Terms and Glossary