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Written by Mark Smith » Updated on: September 30th, 2024
The latest report by IMARC Group, titled “Sparkling Wine Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032,” offers a comprehensive analysis of the sparkling wine market size. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.
The global sparkling wine market size reached US$ 39.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 66.6 Billion by 2032, exhibiting a growth rate (CAGR) of 5.8% during 2024-2032.
Sparkling Wine Market Trends:
The global market is majorly driven by changing consumer preferences for premium alcoholic beverages. Rising disposable incomes in emerging markets are allowing consumers to explore high-end wines, contributing to this upward trend. Additionally, the increasing popularity of celebratory events where sparkling wine is often served propels demand. Moreover, changing lifestyle trends toward fine dining and casual celebrations are expanding its reach. Furthermore, the development of innovative packaging techniques, making sparkling wines more attractive and convenient, plays a vital role.
Besides, e-commerce platforms have facilitated easy access to a variety of sparkling wines, enhancing their availability globally. Additionally, the strong presence of established brands alongside the rise of niche producers catering to diverse consumer preferences is driving market growth. The growing interest in low-alcohol and organic sparkling wines is broadening the consumer base, appealing to health-conscious individuals.
Request to Get the Sample Report: https://www.imarcgroup.com/sparkling-wine-market/requestsample
Sparkling Wine Market Scope and Growth Analysis:
The market scope is broadening due to the increasing appeal of wine tourism as wineries across the globe attract consumers who develop a deeper appreciation for sparkling wines. The market's diversity, with products ranging from affordable to premium categories, offers a wide consumer base. Furthermore, the rise in wine consumption across non-traditional markets, such as Asia-Pacific and Latin America, is broadening the scope of the industry. Shifting consumer preferences toward organic and sustainable wine production are also influencing market dynamics.
Additionally, the influence of social media and online wine communities is shaping consumption patterns and encouraging new trends. The growing use of sparkling wine in cocktails and culinary experiences also factors into its expanding market appeal. As the global demand for luxury experiences continues to rise, sparkling wine is increasingly seen as a status symbol, further widening its market scope.
Explore Full Report with Table of Contents: https://www.imarcgroup.com/sparkling-wine-market
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Sparkling Wine Market Segmentation:
Our report has categorized the market based on region, type, product, price point and sales channel.
Breakup by Type:
Breakup by Product:
Breakup by Price Point:
Breakup by Sales Channel:
Breakup by Region:
Key highlights of the report:
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.
IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Contact US:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: [email protected]
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145
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