The global sparkling wine market to grow at a CAGR of 2.22% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the global sparkling wine market for 2017-2021. To calculate the market size, the report considers the consumption volumes of sparkling wines such as Prosecco, Champagne, Cava, and others like Franciacorta, Asti, Sekt, Crémant, Lambrusco, California sparkling wines, and many others. The report also includes a discussion of the key vendors operating in this market.
This market research analysis identifies the increase in demand for low-alcohol sparkling wines as one of the primary growth factors for this market. With the increasing consumption of these beverages, the demand for wine with lower alcohol content has increased with more knowledge about the ill-effects of excessive alcohol consumption. The increase in the demand for the sparkling wines is mainly due to its lower levels of alcohol content.
One of the latest trends that will gain traction in the sparkling wine market in the coming years is the innovation in packaging. With innovative packaging designs such as cans and bag-in-box designs gaining consumer interest over the last few years, sparkling wine manufacturers will increasingly develop newer formats of packaging to enhance product appeal and usability. Wooden boxes are already being used to package premium wines meant for gifting and customized hand-etched and painted bottles are specially made for premium wine.
Due to the presence of several key vendors this market appears to be highly fragmented. The market is growing rapidly with the increased demand and consumption of varieties of sparkling wine. Competition has increased owing to the local production with vendors launching new sparkling wine flavors and varieties. Small and medium-sized wineries are trying to sell their products online to compete against major brands, which is increasing sales through online portals.
- E. & J. Gallo Winery
- Treasury Wine Estates
Other prominent vendors:
- Accolade Wines
- Bronco Wine Company
- Constellation Brands
- Henkell & Co.
- F. Korbel & Bros
- Pernod Ricard
- The Wine Group
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by product
Part 07: Market segmentation by packaging
Part 08: Market segmentation by distribution channel
Part 09: Geographical segmentation
Part 10: Key leading countries
Part 11: Decision framework
Part 12: Drivers and challenges
Part 13: Market trends
Part 14: Competitor analysis
For more information about this report visit http://www.researchandmarkets.com/research/whcztb/global_sparkling