Champagne Market Present Scenario, Key Vendors, Industry Share and Growth Forecast up to 2029

Champagne Market was worth US$ 6.24 Bn in 2022 and total revenue is expected to grow at a rate of 3.2% CAGR from 2023 to 2029, reaching almost US$ 7.78 Bn in 2029.

Market Overview: The global champagne market showcases the world's premier sparkling wines, experiencing a steady rise attributed to the increasing emphasis on celebrating shared achievements, recognizing individual milestones, and an enduring appreciation for life's fleeting moments. While champagne is often perceived simply as sparkling wine, in many cultures, it holds a virtually sacred status during festive occasions. Compliance with EU regulations dictates that products can be labeled as champagne only if they originate from the designated champagne region of France.

Report Scope: The report meticulously analyzes the impact of COVID-19 on the market, identifying three major effects: direct impact on production and demand, disruptions in the supply chain and market, and financial repercussions on businesses and financial markets. The report asserts that the post-COVID-19 landscape presents lucrative opportunities for producers.

Research Methodology: Our analysts have employed a comprehensive research methodology, evaluating market dynamics, drivers, restraints, opportunities, and future trends. The report delves into factors affecting the market from both the demand and supply sides, providing a holistic view of the champagne market during the forecast period.

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Market Dynamics: The report identifies the growing popularity of champagne, the preference for low-calorie drinks, and the global surge in demand for premium alcoholic beverages as key drivers. However, challenges such as the high cost of champagne and limited availability of flavored champagne in small bottles are expected to impede market growth. The development of cost-effective champagne and the introduction of new flavors are seen as opportunities for market players.

Champagne Market Segment Analysis: The market is segmented based on product, distribution channel, grade type, and region. Notably, off-trade dominated with over xx% market share in 2022 due to the high market visibility of liquor shops as a primary buying source.

Regional Insights: Europe leads the global champagne market in 2022, with France ranking as the seventh-largest wine-growing region. Despite facing challenges, including a decline in champagne consumption from 2018 to 2022, Europe's dominance is expected to persist. The market in North America is anticipated to witness the fastest growth, driven by an increasing number of recreational clubs and lounges.

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Champagne Market  Segmentation:

by Product

Prestige Cuvée
Blanc De Noirs
Blanc De Blancs
Rosé Champagne
Others


by Distribution Channel

Off-trade
On-trade

Champagne Market  Key Players: 

1. Moet & Chandon
2. Nicolas Feuillatte
3. Veuve Clicquot
4. Laurent Perrier
5. Dom Perignon
6. Mumm
7. Piper Heidsieck
8. Pommery
9. Taittinger
10.Louis Roederer
11.Perrier Jouet
12.Bollinger
13.Ruinart
14.Pol Roger
15.Lanson
16.Krug

To Gain More Insights into the Market Analysis, Browse Summary of the Research Report : https://www.maximizemarketresearch.com/market-report/global-champagne-market/35306/ 

Table of content for the Champagne Market  includes: 

  1. Global Champagne Market : Research Methodology 
  1. Global Champagne Market : Executive Summary
  • Market Overview and Definitions
  • Introduction to the Global Market
  • Summary
  • Key Findings
  • Recommendations for Investors
  • Recommendations for Market Leaders
  • Recommendations for New Market Entry
  1. Global Champagne Market : Competitive Analysis
  • MMR Competition Matrix
  • Market Structure by region
  • Competitive Benchmarking of Key Players
  • Consolidation in the Market
  • M&A by region
  • Key Developments by Companies
  • Market Drivers
  • Market Restraints
  • Market Opportunities
  • Market Challenges
  • Market Dynamics
  • PORTERS Five Forces Analysis
  • PESTLE
  • Regulatory Landscape by region
  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • South America
  • COVID-19 Impact
  1. Company Profile: Key players
  • Company Overview
  • Financial Overview
  • Global Presence
  • Capacity Portfolio
  • Business Strategy
  • Recent Developments

Key Offerings:

  • Past Market Size and Competitive Landscape
  • Past Pricing and price curve by region
  • Market Size, Share, Size and Forecast by different segment | 2023−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Market Segmentation – A detailed analysis by growth and trend
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
  • Competitive landscape – Market Leaders, Market Followers, Regional player
  • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations 

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