DUBLIN--(BUSINESS WIRE)--The "The Global Sparkling Wine Market and the Impact of COVID-19 on It in the Medium Term" report has been added to ResearchAndMarkets.com's offering.
The global sparkling wine market was equal to 32.47 billion USD (calculated in retail prices) in 2015. Until 2025, the wine market in the world is forecast to reach 48.75 billion USD (in retail prices), thus increasing at a CAGR of 3.62% per annum for the period 2020-2025. This is a decrease, compared to the growth of about 4.87% per year, registered in 2015-2019.
The average consumption per capita in value terms reached 6.52 USD per capita (in retail prices) in 2015. In the next five years, it grew at a CAGR of 6.11% per annum. In the medium term (by 2025), the indicator is forecast to slow down its growth and increase at a CAGR of 3.97% 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.
This report presents a strategic analysis of the global 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. This is the most detailed (COVID-19 updated) and comprehensive report about the global sparkling wine market, covering all global regions and 151 single countries. The report presents information on each indicator for each of the 151 countries covered, offering unmatched value, accuracy and expert insights.
Companies Mentioned
- ILLINOIS SPARKLING CO
- Moet Hennessy USA
- The Sparkling Wine Co
- LANSON-BCC
- Pernod Ricard
- Treasury Wine Estates Ltd
- California Champagnes
- Bronco Wine Co
- Freixenet
- Constellation Brands, Inc.
- E. & J. Gallo Winery
The report on the global sparkling wine market covers:
- Market volume, value and dynamics for the last five years;
- Market segmentation (by region and 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 region and each covered country);
- Analysis of the major international trade flows;
- Volume, value, dynamics, segmentation (by region and each covered country) and analysis of imports for the last five years;
- Volume, value, dynamics, segmentation (by region and 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 region and each covered country);
- Volume, value, dynamics, segmentation and analysis of per capita consumption for the last five years (broken down by region and each covered country);
- Forecast for market development in the medium term (volume, value and segmentation by region and each covered country);
- Characteristics of the main players on the market;
- Analysis of the competitive landscape;
- 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
6. Overview, Segmentation and Analysis of the Global Sparkling Wine Market
7. Characteristics and Analysis of the Global Prices of Sparkling Wine in 2016-2020
8. Global Foreign Trade Operations of Sparkling Wine
9. Overview, Segmentation and Analysis of the Global Imports of Sparkling Wine
10. Overview, Segmentation and Analysis of the Global Exports of Sparkling Wine
11. Characteristics and Segmentation of the Global Consumption of Sparkling Wine per Capita
12. Forecast for Development of the Global Sparkling Wine Market in 2021-2026
For more information about this report visit https://www.researchandmarkets.com/r/qen14f
