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Sparkling Wine Market Share

Report ID: GMI6840
Published Date: Oct 2023
Report Format: PDF

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Sparkling Wine Market Share

Some of the major companies operating in the sparkling wine market are:

Accolade Wines Australia Limited.
Bacardi & Company Limited
Bronco Wine Company
Casella Family Brands
Moët & Chandon
Caviro Extra S.P.A.
Constellation Brands Inc.
E & J Gallo Winery
Pernod Ricard Winemakers
Schramsberg Vineyards
Treasury Wine Estates
Henkell Freixenet
Giulio Cocchi Spumanti Srl
Vina Concha Y Toro SA
Illinois Sparkling Co.

These companies focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these companies are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market. Henkell Freixenet is a major company in the sparkling wine market. It is a German-Spanish sparkling wine company formed in 2014 through the merger of Henkell & Co. Sektkellerei and Freixenet. The company has a portfolio of over 30 sparkling wine brands, including Freixenet, Mionetto, Henkell, and Gruet. It operates in over 150 countries and has a global market share of over 15%.

Authors: Kunal Ahuja, Himanshu Kabra

Frequently Asked Questions (FAQ) :

The market size of sparkling wine recorded USD 54.9 billion in 2022 and is set to reach USD 86.54 billion by the end of 2032, says this GMI report.

Champagne held a dominant market share of around 65% in 2022, owing to its rigorous production process, which results in delicate bubbles, nuanced flavours, and a sumptuous appearance, along with availability as brut to rosé.

U.S. market is anticipated to expand at a significant pace from 2023 to 2032, as California is the American sparkling wine industry's epicentre, with renowned regions such as Napa Valley and Sonoma County producing high-quality sparkling wines.

Accolade Wines Australia Limited, Bacardi & Company Limited, Bronco Wine Company, Casella Family Brands, Moët & Chandon, Caviro Extra S.P.A., Constellation Brands Inc., E & J Gallo Winery, Pernod Ricard Winemakers, Schramsberg Vineyards, and Treasury Wine Estates.