Global Champagne Market

 

The Global Champagne Market was valued at USD 6.11 Billion in 2021, and it is expected to reach a value of USD 9.3 Billion by 2028, at a CAGR of 6.20% over the forecast period (2022 - 2028).

Champagne is a sparkling wine produced in France's Champagne region. This alcoholic beverage is made with specific grape varieties such as Pinot Noir, Pinot Meunier, Chardonnay, Pinot Blanc, and others, as well as specialized agricultural methods.

Champagne has been served at sporting events, anniversaries, celebrations, weddings, joyous occasions, and corporate gatherings for decades. The growing economic growth of developing countries could pose a considerable factor that is driving the growth of the global champagne market in other regions during the forecast period. To meet rising consumer demand for champagne, manufacturers have developed a variety of flavours to appeal to a wide range of palates.

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Top Players Company Profiles

  • Laurent Perrier (France)
  • Centre Vinicole - Champagne Nicolas Feuillatte (France)
  • Louis Vuitton SE (France)
  • Taittinger (France)
  • Pernod Ricard (France)
  • LANSON-BCC (France)
  • Thiénot Bordeaux-Champagnes (France)
  • Piper-Heidsieck, Pommery(France)
  • Veuve Clicquot Ponsardin(France)

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Global Champagne Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.

According to our analysis, Asia Pacific is predicted to emerge as a potential champagne market due to increased consumer buying capacity. The societal acceptance of alcohol consumption influences a country's drinking culture. Demand for champagnes is likely to climb as young people in countries such as India and China become more receptive to tasting new cuisines and drinks.

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