Global Champagne Market

Champagne Market Size, Share, Growth Analysis, By Price Point(Economy, Mid-Range), By Distribution Channel(Supermarket, Specialty Stores), By Product Outlook(Prestige Cuvée, Blanc De Noirs) - Industry Forecast 2024-2031

Report ID: SQMIG30F2015 | Region: Global | Published Date: July, 2001
Pages: 212 | Tables: 92 | Figures: 76

To request a free sample copy of this report, please complete the form below.
What people say about us!

"We have purchased recently a report from SkyQuest Technology, and we are happy to inform you that this report was so useful and practical for our team. Skyquest Team was very active and our queries were followed up completely.It was amazing. "

- Mr. Ali Zali, Commercial Director, ICIIC Iran.

logos logos logos logos logos
Analyst Support
$5,300
BUY NOW
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Champagne Market size was valued at USD 6.78 billion in 2019 and is poised to grow from USD 7.2 billion in 2023 to USD 12.37 billion by 2031, growing at a CAGR of 6.2% in the forecast period (2024-2031).

The market is characterized by the presence of a few well-established players. New product launches, partnerships and investing in research & development have been a key business strategy. To raise their market share, enhance profitability, and remain competitive, participants in the champagne industry have embraced product introduction and company expansion as major development tactics. 'Moët & Chandon', 'Veuve Clicquot Ponsardin', 'Piper-Heidsieck', 'G.H. Mumm', 'Laurent-Perrier', 'Taittinger', 'Ruinart', 'Nicolas Feuillatte', 'Pol Roger', 'Bollinger', 'Lanson', 'Charles Heidsieck', 'Perrier-Jouët', 'Jacquart', 'Ayala', 'Gosset', 'Duval-Leroy', 'Palmer & Co.', 'Deutz', 'Henriot'

Emerging markets have recently emerged as a crucial opportunity in the champagne business. Alcohol usage is becoming more acceptable, and there is a growing need for little quantities for special occasions, which will fuel development in emerging economies. Alcohol acceptability on non-religious grounds is developing in tandem with an increase in nightlife and a peer-approval-driven culture. Furthermore, the increased use of social media is bringing the lifestyle to even younger children and developing information sharing and peer ties among young individuals who have had little exposure to alcoholic beverages.

The premiumization of the industry, particularly spirits and wine, is a major factor driving the alcoholic beverage and champagne market. Consumers prefer buying champagne from offline stores due to the diverse variety and brands available, as well as the instant customer service.

The Champagne market has been dominated by Europe, particularly France and Italy. The region is dominating the market because the majority of the champagne is consumed and produced in this region. Furthermore, online delivery of alcohol has been legalized in various countries, including the U.K. and Germany, making the product more accessible and convenient to shop. The Asia Pacific is expected to be the fastest-growing market.

Related Reports

Wine Market
Buy Now GET FREE SAMPLE
Wine Cork Market
Buy Now GET FREE SAMPLE
Rum Market
Buy Now GET FREE SAMPLE
Vodka Market
Buy Now GET FREE SAMPLE
U.S. Wine Market
Buy Now GET FREE SAMPLE
Beer Market
Buy Now GET FREE SAMPLE
Fortified Wine Market
Buy Now GET FREE SAMPLE
Tequila Market
Buy Now GET FREE SAMPLE

Feedback From Our Clients

Global Champagne Market

Product ID: SQMIG30F2015

$5,300
BUY NOW