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Global Champagne Market Size

Global Champagne Market size was valued at USD 6.78 billion in 2021 and is poised to grow from USD 7.2 billion in 2022 to USD 12.37 billion by 2030, growing at a CAGR of 6.2% in the forecast period (2023-2030).

Swetachakraborty
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Global Champagne Market Size

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  1. Global Champagne Market Size, Share, Growth Analysis, By Price Point By Distribution Channel By Product Outlook- Industry Forecast 2023- 2030 Global Champagne Market size was valued at USD 6.78 billion in 2021 and is poised to grow from USD 7.2 billion in 2022 to USD 12.37 billion by 2030, growing at a CAGR of 6.2% in the forecast period (2023-2030). 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. There is no single wine category that has been more severely impacted by the COVID-19 pandemic than Champagne. Between April and August 2020, the industry's turnover fell by one-third, equating to approximately $2 billion in revenue. Approximately 100 million bottles of Champagne went unsold. Premium brands took a particularly hard hit. Champagne sales, on the other hand, are now on the rise.

  2. The decline was unsurprising. Champagne is closely associated with happy occasions. There was little to celebrate amid a global pandemic. Even if there were, the worldwide lockdowns made it nearly impossible for large groups of people to congregate. Global Champagne Market Segmental Analysis The Global Champagne Market is segmented based on Price point, Distribution channel, Product Outlook, and Region. Based on Price point Champagne Market is categorized into: Economy, Mid-Range, Luxury. Based on Distribution channel Champagne Market is categorized into: Supermarket, Specialty Stores. Based on Product Outlook Champagne Market is categorized into: Prestige Cuvée, Blanc De Noirs, Blanc De Blancs, Rosé Champagne. Based on Region it is categorized into: North America, Europe, Asia-Pacific, South America, and MEA. View more https://www.skyquestt.com/report/champagne-market

  3. Champagne Market Top Players Company Profiles •Moët & Chandon •Veuve Clicquot Ponsardin •Piper-Heidsieck •G.H. Mumm •Laurent-Perrier •Taittinger •Ruinart •Nicolas Feuillatte •Pol Roger •Bollinger •Lanson •Charles Heidsieck •Perrier-Jouët •Jacquart •Ayala •Gosset •Duval-Leroy •Palmer & Co. •Deutz •Henriot About Us: SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients

  4. globally. Address: 1 Apache Way, Westford, Massachusetts 01886 Phone: USA (+1) 617-230-0741 Email: sales@skyquestt.com LinkedIn Facebook Twitter

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