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Sparkling Wine Market Share Analysis, and Forecast to 2034

The sparkling wine market was valued at USD 290.1 billion in 2024 and is predicted to register at a CAGR of 7.5% between 2024 and 2034, due to the steady per capita consumption of sparkling wine around the globe. The increasing consumption of wine has made the market grow, as it is expected that the value per liter will rise by 20% in 2030 compared to 2024. Most producers also label sparkling wine as champagne.

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Sparkling Wine Market Share Analysis, and Forecast to 2034

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  1. Sparkling Wine Market Size to Reach USD 480.6 Bn by 2034 Global Market Insights Inc.

  2. Overview of Sparkling Wine Market ➢ The Sparkling Wine Market will register a 4.7% CAGR from 2023 to 2032, driven by the growing culture of socializing and gifting coupled with the versatility of sparkling wines for diverse occasions. As consumers increasingly seek celebratory and premium beverage options, sparkling wines provide a perfect choice. Their ability to complement various events and evolving consumer preferences will position them as a beverage of choice. The synergy of the socializing trend and the versatility of sparkling wines will be a significant driver of market growth. ➢ Companies are engaged in developing convenient and portable wine options with diverse flavors, catering to various occasions. This trend bolsters the sparkling wine industry by offering consumers more choices for on-the-go enjoyment and diverse celebratory events. For instance, in 2023, Nice introduced a new offering, a canned sparkling white wine. This latest addition expands the brand's product range and provides consumers with a convenient and portable option for enjoying quality sparkling wine. ➢ The sparkling wine market share is classified based on type, packaging, and region. Global Market Insights Inc.

  3. Continue… ➢ The canned packaging segment will garner notable gains through 2032, fueled by shifting consumer preferences toward convenient and portable options. Canned sparkling wines offer a practical and trendy alternative, appealing to a diverse demographic. The lightweight and eco-friendly attributes of cans further contribute to their popularity. With increasing demand for on-the-go and sustainable choices, the canned packaging segment will play a central role in the market, ensuring a substantial market presence. ➢ Europe sparkling wine market size will grow at a noteworthy CAGR from 2023 to 2032, attributed to a rich cultural affinity for wine consumption and a long-standing tradition of celebrating with effervescent varieties. The region's well-established vineyards and renowned winemaking expertise contribute to the prominence of sparkling wines. Evolving consumer preferences, coupled with a growing demand for premium and artisanal sparkling wines, will further solidify Europe's leading position in the global market, making it a focal point for the industry's growth and prosperity. ➢ Notable participants in the sparkling wine market include Accolade Wines, Bacardi & Company, Bronco Wine Company, Casella Family Brands, Moët & Chandon, Caviro Extra, Constellation Brands, E & J Gallo Winery, Pernod Ricard Winemakers, Schramsberg Vineyards, Treasury Wine Estates, Henkell Freixenet, Giulio Cocchi Spumanti Srl, Vina Concha Y Toro, Illinois Sparkling Global Market Insights Inc.

  4. Browse Full Research Report On Sparkling Wine Market @ https://tinyurl.com/4a4adjph Request for a sample of this research report @ https://tinyurl.com/5a5pefdu Global Market Insights Inc.

  5. Stay In Touch Website: www.gminsights.com Social Media: C:\Users\acer\Desktop\icons-842861_960_720.png C:\Users\acer\Desktop\icons-847272_960_720.png C:\Users\acer\Desktop\icons-842858_960_720.png C:\Users\acer\Desktop\icons-842893_960_720.png Global Market Insights Inc.

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