The global champagne market is anticipated to grow at a considerable CAGR of 6.5% during the forecast period. The online stores are expected to become the most preferred distribution channel during the forecast period. The COVID-19 pandemic is the major influencing factor for this segmental growth. The prominent e-commerce retailers are significantly contributing to this growth. For instance, Amazon.com had launched the delivery facility of alcoholic products within one hour in the US in 2015. Similarly, Uber Eats had entered the delivery market of champagnes.
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The introduction of flavored champagnes is another major driver of the growth of global champagne market. To fulfill the increasing demand of flavored champagnes, the market players are launching champagnes with various flavors including peach, strawberry, blueberry, orange, pineapple, apple, pear, citrus, cream, vanilla, and nutty. For instance, in October 2021, Brad Pitt and the Perrin and Peters families had launched the second Fleur de Miraval rosé Champagne, ER2; priced at $400. Such kind of product launches is anticipated to drive the growth of the global champagne market.
Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered-
o By Grape Used
o By Type
o By Flavor
o By Distribution Channel
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- Laurent- Perrier Group, LANSON-BCC, LVMH Moet & Chandon, Pernod Ricard SA, Remy Cointreau and others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Champagne Market Report Segment
By Grape Used
- Pinot Noir
- Pinot Meuniere
- Chardonnay
- Others
By Type
- Prestige Cuvee
- Blanc De Noirs
- Blanc De Blancs
- RosA
By Flavor
- Brut
- Fruity
By Distribution Channel
- Hypermarket/Supermarket
- Specialty Store
- Online Store
A full report of Champagne Market is available at: https://www.omrglobal.com/industry-reports/champagne-market
Champagne Market– Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- Accolade Wines
- Andrew Peller, Ltd.
- Bacardi, Ltd.
- Castle Group
- Centre Vinicole Champagne Nicolas Feuillatte
- Champagne GH Martel
- Champagne Pommery
- Constellation Brands, Inc.
- Cook’s Champagne Cellars
- Diageo plc
- Dom Pérignon
- E & J Gallo Winery
- Korbel Brothers, Inc.
- Johnnie Walker
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