COVID-19's Impact on the European Sparkling Wine Market - Major Development Forecasts Through 2020-2024 - ResearchAndMarkets.com

DUBLIN--()--The "Europe: Sparkling Wine Market and the Impact of COVID-19 in the Medium Term" report has been added to ResearchAndMarkets.com's offering.

This is the most detailed (COVID-19 updated) and comprehensive report about the European sparkling wine market, covering all European countries (37 single countries). The report presents information on each indicator for each of the 37 countries covered, offering unmatched value, accuracy and expert insights.

The sparkling wine market in Europe was equal to 24.52 billion USD (calculated in retail prices) in 2014. Until 2024, the wine market in Europe is forecast to reach 34.68 billion USD (in retail prices), thus increasing at a CAGR of 3.15% per annum for the period 2019-2024. This is a decrease, compared to the growth of about 4.14% per year, registered in 2014-2018.

The average consumption per capita in value terms reached 31.19 USD per capita (in retail prices) in 2014. In the next five years, it grew at a CAGR of 5.7% per annum. In the medium term (by 2024), the indicator is forecast to slow down its growth and increase at a CAGR of 3.88% per annum.

Sparkling wine has become increasingly popular in the past few years and is a major driver of growth in the overall wine category. Its share in the global wine sales is rapidly growing, especially in spring and summer, when consumers are in demand for more light and refreshing beverages.

Based on type, the category has been driven by prosecco, which is especially popular among millennials. Geographically, consumption in Germany is fading, while in the new wine markets such as China, Brazil, Japan, South Korea, Russia and some regions in Africa, it is gaining a momentum. Demand for sparkling wines from the new world such as Chile, Australia, New Zealand and Brazil is also rising.

Another interesting trend on the sparkling wine market is linked with the alternative packaging. There are many companies, which are exploring unconventional ways of packaging, including cans and single-serving bottles. Those types are more practical in the summer, as they can be used in outdoor places and events, where glass bottles typically cannot, and are convenient to carry.

Another important development on the market is the cooperation between the German sparkling wine producer Henkell and the Spanish leading company - Freixenet S.A. In the second half of 2018, Henkell completed the acquisition of the Spanish wine maker by acquiring 50.67% of its shares. Thus, the two companies form the world's largest sparkling wine group.

Report Coverage

This report presents a strategic analysis of the European sparkling wine market and a forecast for its development in the medium term, taking into account the impact of COVID-19 on it. It provides a comprehensive overview of the market volume and value, dynamics, segmentation, characteristics, main players, prices, international trade, trends and insights, growth and demand drivers, challenges, etc.

The report covers:

  • Market volume, value and dynamics for the last five years;
  • Market segmentation (by each covered country; by product groups, etc.) for the last five years;
  • Analysis of the factors, influencing the market development (market trends and insights, drivers and challenges) and the impact COVID-19 has and will have on the market in both the short and the medium term;
  • Value chain analysis and structure of price formation;
  • Analysis of retail price levels and their dynamics for the last five years (broken down by each covered country);
  • Analysis of the major international trade flows;
  • Volume, value, dynamics, segmentation (by each covered country) and analysis of imports for the last five years;
  • Volume, value, dynamics, segmentation (by each covered country) and analysis of exports for the last five years;
  • Volume and dynamics of the average import and export prices for the last five years (broken down by each covered country);
  • Volume, value, dynamics, segmentation and analysis of per capita consumption for the last five years (broken down by each covered country);
  • Forecast for market development in the medium term (volume, value and segmentation by each covered country);
  • Characteristics of the main players on the market;
  • Analysis of the competitive landscape;
  • Importance of the HoReCa channel (on-trade vs. off-trade consumption);
  • Market shares of the main market players for the whole region;
  • Distribution channels for retail sales;
  • Five Forces analysis;
  • Analysis and forecast for the global economy and demographics.

Key Topics Covered

1. Introduction

2. Research Methodology

3. Executive Summary

4. Product Description

5. State of the Global Demographics and Economy

5.1. Characteristics of the Global Demographics in 2014-2018

5.2. Characteristics of the Global Economy in 2014-2018

5.3. Forecast for the Development of the Global Economy in the Short Term

6. Overview, Segmentation and Analysis of the European sparkling wine Market

6.1. Volume, Value and Dynamics of the European sparkling wine Market in 2014-2018

6.2. Segmentation of the European sparkling wine Market in 2014-2018 by Countries

6.3. Trends and Insights of the European sparkling wine Market

6.4. Profiles of the Main Players on the European sparkling wine Market

6.5. Five Forces Analysis

6.6. Competitive Landscape on the European sparkling wine Market

6.7. Drivers and Challenges That Will Affect the Future Development of the European sparkling wine Market

7. Characteristics and Analysis of the European Prices of sparkling wine in 2014-2018

7.1. Value Chain Analysis

7.2. Structure of Price Formation

7.3. Segmentation of the Average European Retail Prices of sparkling wine in 2014-2018 by Countries

8. European Foreign Trade Operations of sparkling wine

8.1. European Foreign Trade Operations of sparkling wine in 2014-2018

9. Overview, Segmentation and Analysis of the Imports of sparkling wine to Europe

9.1. Volume, Value and Dynamics of the Imports of sparkling wine to Europe in 2014-2018

9.2. Segmentation of the Imports of sparkling wine to Europe by Importing Countries in 2014-2018

9.3. Segmentation of the Average Import Prices of sparkling wine by Importing Countries in 2014-2018

10. Overview, Segmentation and Analysis of the European Exports of sparkling wine

10.1. Volume, Value and Dynamics of the European Exports of sparkling wine in 2014-2018

10.2. Segmentation of the European Exports of sparkling wine by Exporting Countries in 2014-2018

10.3. Segmentation of the Average Export Prices of sparkling wine by Exporting Countries in 2014-2018

11. Characteristics and Segmentation of the European Consumption of sparkling wine per Capita

11.1. Segmentation of the European sparkling wine Consumption per Capita by Countries in 2014-2018

12. Forecast for the Development of the European sparkling wine Market in 2019-2024

12.1. Forecast for the Development of the European sparkling wine Market in 2019-2024 in Three Possible Scenarios

12.2. Forecast for the Development of the European sparkling wine Market, Broken down by Countries in 2019-2024

Companies Mentioned

  • Danone
  • Nestle
  • Parmalat S.p.A.
  • Yakult
  • Chobani LLC
  • Yoplait
  • Arla Foods
  • Miller
  • Britannia Industries Limited
  • Frieslandcampina
  • Kraft Heinz
  • HP Hood
  • Anderson Erickson
  • Kemps
  • Amul

For more information about this report visit https://www.researchandmarkets.com/r/l07cgj

Contacts

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900