The global Champagne market size is estimated to be $7.5 billion in 2023, it will reach $12.8 billion by 2032, growing at a CAGR of 6.1% during the forecast period from 2024 to 2032.
This report studies the Champagne market, covering market size for segment by type (Prestige Cuve, Blanc De Noirs, etc.), by application (Household/Retail, Food Services, etc.), by sales channel (Direct Channel, Distribution Channel), by player (LVMH Moet Hennessy, Pernod Ricard, Vranken Pommery Monopole, Nicolas Feuillatte, LANSON-BCC, etc.) and by region (North America, Europe, Asia-Pacific, South America and Middle East & Africa).
Champagne is a type of sparkling wine that is specifically produced in the Champagne region of France. Champagne, often synonymous with celebration and luxury, continues to captivate consumers worldwide.
Consumption Patterns
- Top Markets: The largest markets for champagne are France, the United Kingdom, the United States, and Japan. France alone consumes about 50% of the world's champagne.
- Per Capita Consumption: France leads with approximately 3.5 liters per capita annually. The UK and US follow with about 1.2 and 0.9 liters per capita, respectively.
Consumer Demographics
- Age and Gender: Champagne is popular among a broad demographic, but it is particularly favored by individuals aged 25-54. Both men and women enjoy champagne, though women slightly outpace men in consumption.
- Income Levels: Higher income households are more likely to purchase champagne, with premium brands appealing predominantly to affluent consumers who associate it with luxury and special occasions.
Purchasing Trends
- Occasions and Preferences: Special occasions like New Year’s Eve, weddings, and anniversaries drive champagne sales. There is also a growing trend of consumers enjoying champagne during more casual settings and regular dinners.
- E-commerce Growth: The online sales of champagne have surged, especially post-pandemic, with more consumers opting to purchase their favorite brands through online retailers. E-commerce now accounts for around 15% of total champagne sales.
Brand Performance
- Leading Brands: Moët & Chandon, Veuve Clicquot, and Dom Pérignon are among the most recognized and top-selling brands globally. These brands command a significant share of the market due to their strong heritage and consistent quality.
- Innovative Products: There is an increasing interest in rosé champagne and vintage varieties. These categories are expanding rapidly, contributing to the overall growth of the market.
Sustainability and Production
- Eco-Friendly Practices: Champagne producers are increasingly adopting sustainable practices. Approximately 90% of the vineyards in the Champagne region have obtained environmental certification, reflecting the industry's commitment to reducing its carbon footprint.
Future Outlook
- Emerging Markets: Markets in Asia-Pacific, particularly China and India, are showing significant growth potential due to rising disposable incomes and increasing Western influence on lifestyle and consumption patterns.
- Youth Engagement: Younger consumers, particularly millennials and Gen Z, are becoming more interested in champagne, drawn by the beverage’s association with elegance and its presence in popular culture and social media.
Champagne is made using the traditional method, known as "Méthode Champenoise" or "Méthode Traditionnelle." This process involves a secondary fermentation in the bottle, which creates the bubbles that Champagne is known for. The primary grapes used in Champagne production are Chardonnay, Pinot Noir, and Pinot Meunier. These grapes can be used in varying proportions to create different styles of Champagne.
Champagne is protected by the AOC designation, which enforces strict regulations on how Champagne is produced, including where the grapes are grown, how they are harvested, and the specific methods used in production. There are various styles of Champagne, including Brut (dry), Extra Brut (very dry), Sec (slightly sweet), Demi-Sec (sweet), and Rosé (which is typically made by adding a small amount of red wine to the blend).
This report provides detailed historical analysis of global market for Champagne from 2018-2023, and provides extensive market forecasts from 2024-2032 by region/country and subsectors. It covers the sales/revenue/value, gross margin, historical growth and future perspectives in the Champagne market.
Leading Players of Champagne including:
- LVMH Moet Hennessy
- Pernod Ricard
- Vranken Pommery Monopole
- Nicolas Feuillatte
- LANSON-BCC
- Louis Roederer
- Laurent-Perrier
- Rmy Cointreau
- Martel
- Taittinger
- Pommery
- Piper-Heidsieck
- Thinot Bordeaux-Champagnes
- Veuve Clicquot Ponsardin
- La Marca
- Korbel
- Cook's California Champagne
- Champagne AYALA
Market split by Type:
- Prestige Cuve
- Blanc De Noirs
- Blanc De Blancs
- Ros Champagne
- Others
Market split by Application:
- Household/Retail
- Food Services
Market split by Sales Channel:
- Direct Channel
- Distribution Channel
Market split by Region/Country:
- North America (United States and Canada)
- Europe (Germany, UK, France, Italy, Spain, and Russia, etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia, etc.)
- South America (Brazil, Mexico, and Argentina, etc.)
- Middle East & Africa (Turkey, UAE, Saudi Arabia, and South Africa, etc.)
Key Benefits of This Market Research:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Champagne Market
- Overview of the regional outlook of the Champagne Market:
Key Reasons to Buy this Report:
- Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
- This enables you to anticipate market changes to remain ahead of your competitors
- You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
- The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market from various perspectives through Porters five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
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Chapter Outline
Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.
Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Champagne Market and its likely evolution in the short to mid-term, and long term.
Chapter 3 makes a detailed analysis of the Market's Competitive Landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.
Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.
Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.
Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.
Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.
Chapter 12 is the main points and conclusions of the report.
If you have any special requirements, please let us know and we can provide you the customized report as you want.
If you have any special requirements, please let us know and we can provide you the customized report as you want.
