Sparkling Wine Market: Recent Industry Developments and Growth Strategies Adopted by Players

250 Pages Sparkling Wine Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider

The unprecedented COVID-19 pandemic has affected the global economy to a great extent. Considering the food industry, one of the most important sectors of the economy, a tremendous impact has been witnessed on the entire process from the field to the consumer. The restrictions in the movement of workers, closure of food production facilities, and changes in consumer demand have put excessive pressure on the food industry.

The report offers actionable and valuable market insights of Sparkling Wine. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Sparkling Wine Market across various industries and regions.

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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Sparkling Wine market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Sparkling Wine

This newly published and insightful report sheds light on Market Insights of Sparkling Wine, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Sparkling Wine Market.

Competition Tracking

A few of the prominent companies actively involved in the sparkling wine market have been profiled in the Fact.MR report. These are

  • E&J Gallo Winery
  • Constellation Brands
  • Pernod Ricard SA
  • Bronco Wine Company
  • Treasury Wine Estates
  • Accolade Wines Australia Limited
  • The Wine Group LLC
  • Casella Family Brands
  • Viña Concha y Toro SA
  • Caviro.

Market Taxonomy

Sales Channel
  • Modern Trade
  • Grocery Store
  • Convenience Store
  • E-Commerce
  • Other Retail Format
Body Type
  • Light Bodied
  • Medium Bodied
  • Full-Bodied
Sweetness Level
  • Extra-Brut
  • Brut
  • Extra Dry
  • Demi-sec

(Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)

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Sparkling wine is a form of wine with substantial CO2 levels, giving it its characteristic fizziness. The sparkling of the wine is largely dependent on the CO2 and could even be the product of natural fermentation, either in a large tank specially designed for this purpose, in the traditional bottle method, or even direct CO2 injection.Increasing global consumption of wine, particularly amongst the younger generation is expected to greatly benefit the sparkling wine market. The popularity of wine in large gatherings and social events coupled with changing lifestyles and discerning tastes are likely to make people take a closer look at the sparkling wine market.This report, published by Fact.MR, provides in-depth analysis of the global sparkling wine market for the forecast period 2017-2022, and offers key insights about future market direction.

Scope

The scope of Fact.MR’s report is to analyze the global sparkling wine market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis.

Sparkling wine manufacturers, stakeholders, and suppliers in the global food & beverage sector can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and journals pertaining to sparkling wine.

Summary

The report commences with a brief information of the global sparkling wine market. This executive summary sets the tone for the rest of the report, providing users the scope of the report.

The executive summary includes important facts and statistics on the global sparkling wine market.

Overview

The next section offers an overview of the global sparkling wine market. This comprises an introduction to the market, along with a standard definition of the product – sparkling wine.

In this section, market value and year-over-year growth is offered to the readers. Year-over-year growth provides readers with a broader view of growth patterns over the forecast period.

The report’s succeeding section focuses on drivers, restraints and key trends from macroeconomic, demand, and supply perspectives. Impact analysis of weighted average model-based growth drivers is contained in the report for better provision of decision-making insights to clients.

In order to offer readers with up-to-date information about the latest advancements in the global sparkling wine market, the report provides updates about market opportunities, which can benefit leading manufacturers of sparkling wine.

With continuous evolution of the food & beverage sector, keeping a record of latest developments and trends is fundamental for sparkling wine manufacturers to formulate key business strategies.

Detailed insights about raw material sourcing, supply chain, pricing analysis, list of distributors, and cost structure are provided in this section.

Considering the wide scope of the global sparkling wine market and to offer in-depth insights, Fact.MR’s report provides segment-wise analysis and forecast.

The sparkling wine market has been categorized on the basis of body type, sweetness level, sales channel, and region. This segmentation analysis is comprehensive, coupled with a detailed country-wise forecast provided on all parameters.

The report’s last section comprises of the global sparkling wine market competitive landscape, to provide readers with the dashboard view of company analysis and market players.

This competitive intelligence is based on the providers’ categories across value chain, and their presence in the global sparkling wine market.

5 Major Highlights from Fact.MR’s Forecast on Sparkling Wine Market

Published : 10 Aug 2017 Industry: Food & Beverage

Rapid growth in emerging economies has culminated in a rise in per-capita disposable income and changing customer tastes and preferences. However, people have become well-aware of the ills of excessive alcohol consumption in ‘binge-drinking’ fests. Therefore, they are seeking out beverages with a lower alcohol content and the sparkling wine market is perfectly placed to reap the benefits of this shift in consumption pattern. Sparkling wine is equally desired by both the millennial generation, the geriatric population, and every demographic sandwiched between these two extremes. In addition, companies involved in the sparkling wine market are experimenting with newer packaging technologies such as bag-in-box and can designs to improve usability and enhance the aesthetic appeal of sparkling wine.

The sparkling wine market is likely to be worth more than US$ 43 billion by the end of the forecast period – registering a modest CAGR of 2.5%.

  • The brut segment accounts for a third of the revenue share in the sparkling wine market by sweetness level. Europe alone is worth more than US$ 5 billion by the end of the forecast period, making it imperative for companies in the sparkling wine market to target this dynamic continent. The second largest segment is the extra-brut sparkling wine segment that has just over a fifth of the revenue share. The highest CAGR in the extra-brut segment is expected in Latin America and key stakeholders in the sparkling wine market would do well to take this into consideration
  • The smallest opportunity is in the demi-sec segment of the sparkling wine market as it has a revenue share of just under 18% in the year 2017. Even though Latin America is much smaller in absolute size than either Europe or North America, it is expected to post the highest CAGR of 3.7% for the period from 2017 to 2022
  • With respect to sales channels, e-commerce is highly likely to be the future in the sparkling wine market as improving Internet infrastructure in emerging economies should ensure that people readily adopt e-commerce like never before. While the Europe e-commerce segment is larger than Latin America and APEJ combined, companies may wish to focus on the latter two as both are projected to grow at a CAGR in excess of 3%
  • Convenience stores are a comparative niche in the sparkling wine market in terms of sales channels. Nonetheless, a market opportunity greater than US$ 4 billion in 2022 makes it unwise to ignore this sales channel entirely and companies might want to attack this channel with customized distribution strategies
  • The modern trade segment is the most important sales channel in the sparkling wine market and companies are recommended to take note of this while devising their long-term business objectives. A well-developed trade infrastructure enables Europe to cement its dominance in the modern trade segment of the sparkling wine market. In the case of the grocery store segment, North America is forecast to be worth approx. US$ 1.5 billion by end 2022

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Key Question answered in the survey of Sparkling Wine market report:

  • Sales and Demand of Sparkling Wine
  • Growth of Sparkling Wine Market
  • Market Analysis of Sparkling Wine
  • Market Insights of Sparkling Wine
  • Key Drivers Impacting the Sparkling Wine market
  • Which are the Key drivers impacted by Sparkling Wine market
  • Restraints Shaping Market Growth
  • Market Survey of Sparkling Wine

More Valuable Insights on Sparkling Wine Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Sparkling Wine, Sales and Demand of Sparkling Wine, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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