Sparkling Wine Market Size

Global Sparkling Wine Market size was valued at USD 49.17 Billion in 2023 and is poised to grow from USD 52.57 Billion in 2024 to USD 89.65 Billion by 2032, at a CAGR of 6.9% during the forecast period (2025-2032).

Sparkling wine manufacturers should focus on creating wines that cater to a wide variety of consumers and consumer preferences. Drafting creative marketing strategies should also be the prime focus of sparkling wine companies to expand their sales potential. Targeting developing countries where popularity of alcoholic beverages is rising could also boost revenue generation potential for market players in the long run. 'E & J Gallo Winery', 'Henkell & Co. Sektkellerei', 'Freixenet', 'Moet & Chandon', 'Rotk盲ppchen-Mumm Sektkellereien', 'Cecchi', 'Martini & Rossi', 'Mionetto Prosecco', 'Maranello Wines', 'Juv茅 & Camps', 'Sovereign Brands', 'Wolfberger Winery', 'Veuve Clicquot', 'Champagne Bollinger', 'Laurent Perrier', 'Piper-Heidsieck', 'Louis Roederer', 'Ruffino', 'Zonin', 'La Marca Prosecco', 'Riondo', 'Prestige Beverage Group'

Growing disposable income of people around the world coupled with evolving living standards are driving up the consumption of premium beverages such as sparkling wines and champagne. Consumers are willing to spend more on high-quality wines for their flavor, exclusivity, and perceived sophistication thereby favoring sparkling wine market growth over the coming years.

Non-alcoholic and Low Alcohol Wines: Sparkling wine companies can focus invest in the development of low alcohol content and non-alcoholic wines to maximize their business scope and grow their customer base. Increasing adoption of alcohol-free lifestyles among health-conscious consumers around the world is projected to make this a prominent sparkling wine market trend in the long run.

Europe is forecasted to account for a dominant chunk of the global sparkling wine industry over the coming years. The presence of key wine-producing countries in this region and presence of heritage wine brands are allowing this region to bring in the most sparkling wine sales. Italy is the largest wine-producing country in this region thereby making it the most opportune market for sparkling wine companies focusing on Europe. France, Germany, and the United Kingdom are other noteworthy markets for sparkling wine providers going forward. The cultural significance of wine in many European countries and its massive socio-economic impact are also cementing the dominance of this region.