1. What is the projected Compound Annual Growth Rate (CAGR) of the Sparkling Wine?
The projected CAGR is approximately 3.3%.
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Sparkling Wine by Type (Normal sparkling wine, Semi-sparkling wine, Supermarkets and Hypermarkets, Independent Retailers, Online Retailers), by North America (United States, Canada, Mexico), by South America (Brazil, Argentina, Rest of South America), by Europe (United Kingdom, Germany, France, Italy, Spain, Russia, Benelux, Nordics, Rest of Europe), by Middle East & Africa (Turkey, Israel, GCC, North Africa, South Africa, Rest of Middle East & Africa), by Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania, Rest of Asia Pacific) Forecast 2025-2033
The global sparkling wine market, valued at $29.62 billion in 2025, is projected to experience steady growth, driven by several key factors. Rising disposable incomes in emerging economies, coupled with a growing preference for premium alcoholic beverages, are significantly boosting demand. The increasing popularity of sparkling wine in celebratory occasions and its versatility as an aperitif or accompaniment to various cuisines further contribute to market expansion. A notable trend is the diversification of product offerings, with the introduction of innovative flavors, organic options, and ready-to-drink canned versions catering to evolving consumer preferences. While the market faces challenges such as fluctuating grape prices and increasing competition from other alcoholic beverages, the overall outlook remains positive. The 3.3% CAGR suggests a consistent market expansion through 2033, indicating sustained consumer interest and opportunities for market players. Key players like E & J Gallo Winery, Moët & Chandon, and Freixenet are likely to leverage their established brand reputation and distribution networks to maintain a strong market position. The regional distribution will likely see Europe retaining a significant share, owing to its historical wine-making tradition, while North America and Asia Pacific are expected to demonstrate considerable growth due to rising consumption rates.
The forecast period from 2025 to 2033 promises further market evolution. We can anticipate continuous innovation in packaging and product development to drive sales, while sustainable production practices will gain importance in response to growing environmental concerns. The competitive landscape will witness increased mergers and acquisitions as companies seek to expand their market reach and product portfolios. Marketing strategies will likely focus on highlighting the versatility and sophistication of sparkling wine, appealing to diverse consumer segments. Precise regional breakdown is unavailable, but assuming a relatively even distribution across key regions (Europe, North America, and Asia-Pacific), market share projections can be developed based on population and per capita consumption patterns. The market’s growth trajectory depends on sustained economic growth globally and the continued appeal of sparkling wine as a premium beverage choice.
The global sparkling wine market, valued at approximately 2000 million units in 2024, is poised for significant growth throughout the forecast period (2025-2033). This burgeoning market reflects evolving consumer preferences and industry innovations. Key market insights reveal a robust demand for premium and luxury sparkling wines, driven by increasing disposable incomes, particularly in emerging markets. The trend towards "premiumization" is evident, with consumers increasingly willing to spend more on higher-quality products with unique characteristics and sophisticated packaging. This is reflected in the rising popularity of Prosecco and Cava, alongside established players like Champagne. Furthermore, the market is witnessing a shift towards diverse sparkling wine styles beyond the traditional Champagne method, including innovative production techniques and grape varietals, catering to broader consumer palates. The growth is also fueled by the increasing popularity of sparkling wine in various occasions – celebrations, casual gatherings, and even as an everyday beverage – leading to a wider consumption base. This broadened appeal, coupled with effective marketing campaigns focusing on lifestyle and experience, has significantly contributed to the market expansion. Moreover, the burgeoning craft sparkling wine sector is offering unique and locally-sourced options, further driving market dynamism and consumer interest. The rising popularity of online sales channels is also contributing to the market's growth, providing more convenient access to a wider selection of sparkling wines for consumers. Finally, the increasing health awareness among consumers, with a demand for lower-sugar options, is impacting product innovation and development within the sparkling wine industry.
Several key factors are driving the impressive growth trajectory of the sparkling wine market. Firstly, the aforementioned consumer preference for premiumization is a significant force. Consumers are actively seeking out higher-quality sparkling wines, willing to pay a premium for superior taste and experience. This trend is fueled by rising disposable incomes and a growing appreciation for finer things in life. Secondly, the industry's innovation plays a crucial role. Producers are constantly developing new styles, flavors, and packaging to attract a wider consumer base and cater to evolving preferences. This includes exploring diverse grape varietals beyond traditional ones and experimenting with different production methods. Thirdly, successful marketing and branding strategies have effectively positioned sparkling wine as a versatile beverage suitable for various occasions. This broader appeal significantly expands the market's reach and consumer base. Finally, the expansion of distribution channels, especially online platforms, makes sparkling wine more accessible to consumers worldwide, boosting market penetration and reach. This ease of access is a key factor in the continued growth across different geographies.
Despite the optimistic outlook, several factors pose challenges to the sparkling wine market's growth. Firstly, price fluctuations in raw materials, especially grapes, can significantly impact production costs and profitability. This is particularly true given the current global economic climate and potential supply chain disruptions. Secondly, intense competition among established and emerging players necessitates constant innovation and marketing efforts to maintain market share. The need to stand out in a crowded market places significant pressure on companies to constantly develop new products and strategies. Thirdly, changing consumer preferences and emerging trends require producers to be adaptable and responsive to evolving tastes, adding complexity to production and marketing strategies. Finally, regulatory and legislative changes related to alcohol content and labeling can impact production and distribution, presenting further challenges for companies navigating the market.
Europe: Remains the dominant region, particularly France (Champagne), Italy (Prosecco), and Spain (Cava). This is driven by established production regions, high-quality offerings, and strong brand heritage. The total market in this region represents approximately 1200 million units. These regions are supported by strong tourism and established export channels.
North America: Shows strong growth potential, fueled by rising disposable incomes and increased awareness of international sparkling wine brands. This represents about 500 million units. The popularity of Prosecco and other less expensive alternatives is driving high consumption.
Premium Segment: High-end sparkling wines command a significant market share, driven by the increasing demand for luxury goods and sophisticated beverages.
Prosecco: This segment is experiencing rapid growth due to its affordability and widespread appeal, representing a significant portion of the overall sparkling wine market.
Cava: This Spanish sparkling wine is gaining traction globally, offering a high-quality alternative at a competitive price.
The market in Europe is characterized by mature markets with a long tradition in sparkling wine production, and considerable export capacity. The premium segment shows remarkable resilience against economic headwinds, as it caters to a discerning consumer base focused on quality and experience over price. Prosecco's success is rooted in its price-value proposition, making it accessible to a broad consumer base. Cava’s upward trajectory reflects the growing popularity of Spanish wines globally, fueled by successful marketing and brand building. North America’s growth is significant and will drive major global expansion.
The sparkling wine industry is propelled by several key growth catalysts, including the rising disposable incomes in emerging economies, increasing demand for premium quality products, innovation in production and packaging, expanding distribution channels, and effective marketing campaigns highlighting the versatility and lifestyle appeal of sparkling wine. This blend of economic factors and industry-specific initiatives fuels a sustainable market expansion.
This report provides a comprehensive analysis of the sparkling wine market, encompassing historical data (2019-2024), current estimates (2025), and future forecasts (2025-2033). The report delves into market trends, drivers, challenges, key players, and significant developments, offering valuable insights for industry stakeholders. It’s a crucial resource for making informed business decisions in this dynamic and expanding market.
| Aspects | Details |
|---|---|
| Study Period | 2019-2033 |
| Base Year | 2024 |
| Estimated Year | 2025 |
| Forecast Period | 2025-2033 |
| Historical Period | 2019-2024 |
| Growth Rate | CAGR of 3.3% from 2019-2033 |
| Segmentation |
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Note*: In applicable scenarios
Primary Research
Secondary Research

Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
The projected CAGR is approximately 3.3%.
Key companies in the market include E & J Gallo Winery, Henkell & Co. Sektkellerei, Freixenet, Moet & Chandon, Rotkappchen-Mumm Sektkellereien, Cecchi, Martini & Rossi, Mionetto Prosecco, Maranello Wines, Juvé & Camps, Sovereign Brands, Wolfberger Winery, Veuve Clicquot, Champagne Bollinger, Laurent Perrier, Piper-Heidsieck, Louis Roederer, Ruffino, Zonin, La Marca Prosecco, Riondo, Prestige Beverage Group, .
The market segments include Type.
The market size is estimated to be USD 29620 million as of 2022.
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The market size is provided in terms of value, measured in million and volume, measured in K.
Yes, the market keyword associated with the report is "Sparkling Wine," which aids in identifying and referencing the specific market segment covered.
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