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Worldwide Sparkling Wines Industry to 2027 - Increase in Wine Production is Driving Growth

·7-min read

Dublin, June 03, 2021 (GLOBE NEWSWIRE) -- The "Sparkling Wines Market by Type, Product, Price Point, and Sales Channel: Global Opportunity Analysis and Industry Forecast, 2021-2027" report has been added to ResearchAndMarkets.com's offering.

Sparkling wine is a type of wine with high carbon dioxide levels, which makes it fizzy. Wine with a pressure of three atmospheres and more is categorized as sparkling wine. It is usually distinguished by the content of alcohol by volume (ABV), which usually varies form 10.5-11.5% in these products. Sparkling wines consumption is generally associated with events of significant importance in consumer's life, for example, celebrations, anniversaries, parties, social gatherings, and personal moments. Currently, the products offered in this market are wines extracted from different fruit juices such as grapes, apples, and pomegranate.

The global sparkling wines market size was valued at $33.9 billion in 2019, and is anticipated to reach $51.7 billion by 2027, with a CAGR of 7.3% during the forecast period. Rise in production of wine, advancements in flavor of products, increase in spending on luxurious wines, and surge in number of wineries across the globe are the key factors that fuel the sparkling wines market growth.

The global sparkling wines market is generally driven by consumer satisfaction and fine quality of products. Rise in disposable income has further increased the consumption of these products as they are considered as status symbols.
However, stringent government policies & regulations restrict their sales and distribution in some countries. Opportunities, such as providing quality products to large masses at comparatively less premium pricing and increasing opportunities in developing region, can further help boost the growth of the market.

According to the sparkling wines market analysis, the market is segmented on the basis of type, product, price point, sales channel, and region. By type, it is categorized into red, rose, and white. By product, it is divided into cava, champagne, cremant, prosecco, and others. Depending on price point, it is classified into economy, mid-range, and luxury. By sales channel, it is fragmented into supermarket/hypermarket, specialty stores, on trade, and others. Region-wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Spain, Italy, Russia, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, Singapore, New Zealand, and Rest of Asia-Pacific), and LAMEA (Brazil, Argentina, the UAE, South Africa, Saudi Arabia, Turkey, and Rest of LAMEA).

The key players profiled in this report include Accolade Wines Australia Limited, Bronco Wine Company, Casella Family Brands, Caviro Extra S.P.A, Constellation Brands, E. & J. Gallo Winery, Pernod Ricard, The Wine Group, Treasury Wine Estates, and Vina Concha Y Toro SA.

Key Benefits

  • The study provides an in-depth analysis of the global sparkling wines market, with current and future trends to elucidate the imminent investment pockets in the market.

  • Current and future trends are outlined in the report to determine the overall market attractiveness and single out profitable trends to gain a stronger foothold in the global sparkling wines market.

  • The report provides information regarding drivers, restraints, and opportunities with impact analysis.

  • A quantitative analysis of the current market and estimation for the same from 2019 to 2027 is provided to showcase the financial competency of the global sparkling wines market.

  • Porter's five forces model of the industry illustrates competitiveness of the global sparkling wines market by analyzing various parameters such as threat of new entrants, threat of substitutes, bargaining power of the buyers, and bargaining power of the suppliers operating in the market.

  • Value chain analysis in the report provides a clear understanding of the roles of stakeholders involved in the value chain.

  • Competitive analysis highlights the business practices followed by the leading market players across various regions.

Key Topics Covered:

CHAPTER 1: INTRODUCTION

CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Industry pain point analysis
3.5. Top Players Positioning
3.6. Value chain analysis
3.7. Porter's five forces analysis
3.8. Market dynamics
3.8.1. Drivers
3.8.1.1. Rise in number of wineries
3.8.1.2. Increase in wine production
3.8.1.3. High demand potential for wine from export markets
3.8.2. Restraints
3.8.2.1. Stringent government policies
3.8.3. Opportunities
3.8.3.1. Selected standardized premium products
3.8.3.2. Emerging markets provide enormous opportunities
3.9. Market Share Analysis
3.9.1. By Type
3.9.2. By Product
3.9.3. By Price point
3.9.4. By Sales channel
3.9.5. By region
3.10. Top Sparkling Wines producing countries in 2019
3.11. World Consumption of Sparkling Wines (Mhl)
3.12. Comparison of Top Sparkling Wines consuming countries, 2008 Vs 2019
3.13. Comparison of Top 10 importers of Sparkling Wines by volume, 2008 Vs 2019
3.14. Comparison of Emerging Sparkling Wines consuming countries, 2008 Vs 2019 (khl)
3.15. Wineries Producing Sparkling Wines
3.16. Retail sales changes in price segments
3.17. Average wine consumption by age group
3.18. Impact of the COVID-19 on Sparkling Wines Market

CHAPTER 4: SPARKLING WINES MARKET, BY TYPE

CHAPTER 5: SPARKLING WINES MARKET, BY PRODUCT

CHAPTER 6: SPARKLING WINES MARKET, BY PRICE POINT

CHAPTER 7: SPARKLING WINES MARKET, BY SALES CHANNEL

CHAPTER 8: SPARKLING WINES MARKET, BY REGION

CHAPTER 9: COMPETITION LANDSCAPE
9.1. Top winning strategies
9.2. Product mapping
9.3. Competitive dashboard
9.4. Competitive heat map
9.5. Key developments
9.5.1. Acquisition
9.5.2. Collaboration
9.5.3. Agreement
9.5.4. Product launch

CHAPTER 10: COMPANY PROFILES
10.1. ACCOLADE WINES AUSTRALIA LIMITED
10.1.1. Company overview
10.1.2. Key executives
10.1.3. Company snapshot
10.1.4. Product portfolio
10.1.5. Key strategic moves and developments
10.2. BRONCO WINE COMPANY
10.2.1. Company overview
10.2.2. Key executives
10.2.3. Company snapshot
10.2.4. Product portfolio
10.2.5. Key strategic moves and developments
10.3. CASELLA FAMILY BRANDS
10.3.1. Company overview
10.3.2. Key executives
10.3.3. Company snapshot
10.3.4. Product portfolio
10.4. CAVIRO EXTRA S. P. A.
10.4.1. Company overview
10.4.2. Key executive
10.4.3. Company snapshot
10.4.4. Product portfolio
10.5. CONSTELLATION BRANDS, INC.
10.5.1. Company overview
10.5.2. Key executives
10.5.3. Company snapshot
10.5.4. Operating business segments
10.5.5. Product portfolio
10.5.6. Business performance
10.5.7. Key strategic moves and developments
10.6. E. & J. GALLO WINERY
10.6.1. Company overview
10.6.2. Key executives
10.6.3. Company snapshot
10.6.4. Product portfolio
10.6.5. Key strategic moves and developments
10.7. PERNOD RICARD
10.7.1. Company overview
10.7.2. Key executives
10.7.3. Company snapshot
10.7.4. Product portfolio
10.7.5. Business performance
10.8. THE WINE GROUP
10.8.1. Company overview
10.8.2. Key executives
10.8.3. Company snapshot
10.8.4. Product portfolio
10.9. TREASURY WINE ESTATES
10.9.1. Company overview
10.9.2. Key executives
10.9.3. Company snapshot
10.9.4. Product portfolio
10.9.5. Business performance
10.9.6. Key strategic moves and developments
10.10. VINA CONCHA Y TORO SA
10.10.1. Company overview
10.10.2. Key executives
10.10.3. Company snapshot
10.10.4. Product portfolio
10.10.5. Business performance

For more information about this report visit https://www.researchandmarkets.com/r/vnhkxq

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