Europe Sparkling Wine Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (White, Red, and Rose), Packaging Type (Bottles and Cans), and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)
Market Introduction
The sparkling wine market in Europe is further segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. The European Union (EU) has the largest concentration of sparkling wine producers. According to the Institute of Wine and Vine, the EU has been contributing 70–80% share to the global manufacturing of sparkling wine. by volume, since 2000. According to industry experts, European sparkling wine is exported more widely than still wines in the international markets. Growth in number of wineries is the major factor driving the growth of the Europe sparkling wine market.
In Europe, France and Italy recorded the highest number of COVID-19 cases as of June 2021. Moreover, Russia, the UK, and Germany are amongst the worst hit countries and are expected to suffer an economic hit due to the lack of revenue from various industries. European countries have implemented drastic measures and travel restrictions, including partially closing their borders. Extended lockdowns created trade barriers and restricted the operations of various industries in the region. These factors potentially restricted the growth of sparkling wines market. However, with the residents of European countries being vaccinated and life returning to normal, this impact is expected to ease out in the coming years leading to a growth in demand for sparkling wines and other beverages across the region.
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Market Overview and Dynamics
The sparkling wine market in Europe is expected to grow from US$ 22,565.90 million in 2021 to US$ 29,899.39 million by 2028; it is estimated to grow at a CAGR of 4.1% from 2021 to 2028. "SparkleKlear" is a unique patent-pending cork design that performs a variety of functions in the production of sparkling wine, in the vineyard and home. It automates and simplifies the process of disgorging of sparkling wine, which is a complex and messy process that requires a high level of skills. For home brewers, thus unique cork design enables quickly transition to brewing sparkling wine from still wine preparations. SparkleKlear also provides an opportunity to significantly reduce the commercial carbon footprint by allowing wine producers to use smaller, lighter bottles. Further, reusability is a major benefit that enables home brewers to take samples during and after fermentation, and pressure testing and monitoring. Thus, innovations in different technologies and techniques involved in sparkling wine production are giving rise to several future trends that would boost the sparkling wine market growth in the coming years.
Key Market Segments
The Europe sparkling wine market is segmented on the bases type, packaging type, and distribution channel, and country. Based on type, the market is segmented into white, red, and rose. The white segment dominated the market in 2020 and red segment is expected to be the fastest growing during the forecast period. On the basis of packaging type, the sparkling wine market is segmented into bottles and cans. The bottles segment dominated the market in 2020 and cans segment is expected to be the fastest growing during the forecast period. On the basis of distribution channel, the sparkling wine market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. The supermarkets and hypermarkets segment dominated the market and online retail segment is expected to be the fastest growing during the forecast period.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the sparkling wine market in Europe are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Bacardi and Company Limited; Chandon; Constellation Brands, Inc.; Henkell Freixenet; Pernod Ricard Winemakers; The Sparkling Wine Co.; and Treasury Wine Estates Ltd are among others.
Reasons to buy report
- To understand the Europe sparkling wine market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for Europe sparkling wine market
- Efficiently plan M&A and partnership deals in Europe sparkling wine market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Europe sparkling wine market
- Obtain market revenue forecast for market by various segments from 2021-2028 in Europe region.
Europe Sparkling Wine Market Segmentation
Europe Sparkling Wine Market -By Type
- White
- Red
- Rose
Europe Sparkling Wine Market -By Packaging type
- Bottles
- Cans
Europe Sparkling Wine Market -By Distribution Channel
- Supermarkets and Hypermarkets
- Specialty Stores
- Online Retail
- Others
Europe Sparkling Wine Market -By Country
- Germany
- France
- Italy
- U.K.
- Russia
- Rest of Europe
Europe Sparkling Wine Market -Company Profiles
- Bacardi and Company Limited
- Chandon
- Constellation Brands, Inc.
- Henkell Freixenet
- Pernod Ricard Winemakers
- The Sparkling Wine Co.
- Treasury Wine Estates Ltd
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
4. Europe Sparkling Wine Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Europe Sparkling Wine Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increase in Popularity of Sparkling Wine
5.1.2 Growth in Number Of Wineries
5.2 Restraints:
5.2.1 Stringent Government Policies and Regulations
5.3 Opportunities:
5.3.1 Rise of Alcoholic Beverages in Developing Countries
5.4 Future Trends:
5.4.1 Innovations in Sparkling Wine Production
5.5 Impact Analysis of Drivers and Restraint
6. Sparkling Wine – Europe Market Analysis
6.1 Sparkling Wine Market Overview
6.2 Sparkling Wine Market – Revenue Forecasts to 2028 (US$ Million)
7. Europe Sparkling Wine Market Analysis – By Type
7.1 Overview
7.2 Sparkling Wine Market, By Type (2020 and 2028)
7.3 White
7.3.1 Overview
7.3.2 White : Sparkling Wine Market – Revenue and Forecast to 2028 (US$ Mn)
7.4 Red
7.4.1 Overview
7.4.2 Red: Sparkling Wine Market – Revenue and Forecast to 2028 (US$ Mn)
7.5 Rose
7.5.1 Overview
7.5.2 Rose: Sparkling Wine Market – Revenue and Forecast to 2028 (US$ Mn)
8. Europe Sparkling Wine Market Analysis – By Packaging Type
8.1 Overview
8.2 Sparkling Wine Market, By Packaging type (2020 and 2028)
8.3 Bottles
8.3.1 Overview
8.3.2 Bottles : Sparkling Wine Market – Revenue and Forecast to 2028 (US$ Mn)
8.4 Cans
8.4.1 Overview
8.4.2 Cans: Sparkling Wine Market, Revenue And Forecast To 2028 (US$ Mn)
9. Europe Sparkling Wine Market Analysis – By Distribution Channel
9.1 Overview
9.2 Sparkling Wine Market, By Distribution Channel (2020 and 2028)
9.3 Supermarkets and Hypermarkets
9.3.1 Overview
9.3.2 Supermarkets and Hypermarkets : Sparkling Wine Market – Revenue and Forecast To 2028 (USD Million)
9.4 Specialty Stores
9.4.1 Overview
9.4.2 Specialty Stores : Sparkling Wine Market – Revenue and Forecast To 2028 (USD Million)
9.5 Online Retail
9.5.1 Overview
9.5.2 Online Retail : Sparkling Wine Market – Revenue and Forecast To 2028 (USD Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: Sparkling Wine Market – Revenue and Forecast To 2028 (USD Million)
10. Europe Sparkling Wine Market – Country Analysis
10.1 Overview
10.1.1 Europe: Sparkling Wine Market, by Key Country
10.1.1.1 Germany: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Germany: Sparkling Wine Market, by Type
10.1.1.1.2 Germany: Sparkling Wine Market, by Packaging Type
10.1.1.1.3 Germany: Sparkling Wine Market, by Distribution Channel
10.1.1.2 France: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 France: Sparkling Wine Market, by Type
10.1.1.2.2 France: Sparkling Wine Market, by Packaging Type
10.1.1.2.3 France: Sparkling Wine Market, by Distribution Channel
10.1.1.3 Italy: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Italy: Sparkling Wine Market, by Type
10.1.1.3.2 Italy: Sparkling Wine Market, by Packaging Type
10.1.1.3.3 Italy: Sparkling Wine Market, by Distribution Channel
10.1.1.4 United Kingdom: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 United Kingdom: Sparkling Wine Market, by Type
10.1.1.4.2 United Kingdom: Sparkling Wine Market, by Packaging Type
10.1.1.4.3 United Kingdom: Sparkling Wine Market, by Distribution Channel
10.1.1.5 Russia: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.5.1 Russia: Sparkling Wine Market, by Type
10.1.1.5.2 Russia: Sparkling Wine Market, by Packaging Type
10.1.1.5.3 Russia: Sparkling Wine Market, by Distribution Channel
10.1.1.6 Rest of Europe: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.6.1 Rest of Europe: Sparkling Wine Market, by Type
10.1.1.6.2 Rest of Europe: Sparkling Wine Market, by Packaging Type
10.1.1.6.3 Rest of Europe: Sparkling Wine Market, by Distribution Channel
11. Impact of COVID-19 Pandemic on Europe Sparkling Wine Market
11.1 Overview
12. Company Profiles
12.1 Bacardi and Company Limited
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Constellation Brands, Inc.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Henkell Freixenet
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Pernod Ricard Winemakers
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 The Sparkling Wine Co.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Treasury Wine Estates Ltd
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Chandon
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. Europe Sparkling Wine Market –Revenue Forecast to 2028 (US$ Million)
Table 2. Germany Sparkling Wine Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 3. Germany Sparkling Wine Market, by Packaging Type – Revenue and Forecast to 2028 (USD Million)
Table 4. Germany Sparkling Wine Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 5. France Sparkling Wine Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 6. France Sparkling Wine Market, by Packaging Type– Revenue and Forecast to 2028 (USD Million)
Table 7. France Sparkling Wine Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 8. Italy Sparkling Wine Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 9. Italy Sparkling Wine Market, by Packaging Type – Revenue and Forecast to 2028 (USD Million)
Table 10. Italy Sparkling Wine Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 11. United Kingdom Sparkling Wine Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 12. United Kingdom Sparkling Wine Market, by Packaging Type– Revenue and Forecast to 2028 (USD Million)
Table 13. United Kingdom Sparkling Wine Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 14. Russia Sparkling Wine Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 15. Russia Sparkling Wine Market, by Packaging Type – Revenue and Forecast to 2028 (USD Million)
Table 16. Russia Sparkling Wine Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 17. Rest of Europe Sparkling Wine Market, by Type– Revenue and Forecast to 2028 (USD Million)
Table 18. Rest of Europe Sparkling Wine Market, by Packaging Type – Revenue and Forecast to 2028 (USD Million)
Table 19. Rest of Europe Sparkling Wine Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Million)
Table 20. List of Abbreviation
LIST OF FIGURES
Figure 1. Europe Sparkling Wine Market Segmentation
Figure 2. Europe Sparkling Wine Market Segmentation – By Country
Figure 3. Europe Sparkling Wine Market Overview
Figure 4. White Segment Held Largest Share of Europe Sparkling Wine Market
Figure 5. Germany Held Largest Share of Europe Sparkling Wine Market
Figure 6. Porter’s Five Forces Analysis
Figure 7. Expert Opinion
Figure 8. Europe Sparkling Wine Market Impact Analysis of Driver and Restraint
Figure 9. Europe: Sparkling Wine Market – Revenue Forecast to 2028 (US$ Million)
Figure 10. Sparkling Wine Market Revenue Share, By Type (2020 and 2028)
Figure 11. Europe White: Sparkling Wine Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 12. Europe Red : Sparkling Wine Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 13. Europe Rose: Sparkling Wine Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 14. Europe Sparkling Wine Market Revenue Share, By Packaging Type (2020 and 2028)
Figure 15. Europe Bottles: Sparkling Wine Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 16. Europe Cans: Sparkling Wine Market, Revenue And Forecast To 2028 (US$ Mn)
Figure 17. Europe Sparkling Wine Market Revenue Share, By Distribution Channel (2020 and 2028)
Figure 18. Europe Supermarkets and Hypermarkets: Sparkling Wine Market – Revenue and Forecast To 2028 (USD Million)
Figure 19. Europe Specialty Stores: Sparkling Wine Market – Revenue and Forecast To 2028 (USD Million)
Figure 20. Europe Online Retail: Sparkling Wine Market – Revenue and Forecast To 2028 (USD Million)
Figure 21. Europe Others: Sparkling Wine Market – Revenue and Forecast To 2028 (USD Million)
Figure 22. Europe: Sparkling Wine Market, by Key Country-Revenue 2020 (US$ Million)
Figure 23. Europe: Sparkling Wine Market Revenue Share, by Key Country (2020 and 2028)
Figure 24. Germany: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
Figure 25. France: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
Figure 26. Italy: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
Figure 27. United Kingdom: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
Figure 28. Russia: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
Figure 29. Rest of Europe: Sparkling Wine Market –Revenue and Forecast to 2028 (US$ Million)
Figure 30. Impact of COVID-19 Pandemic in Europe Country Markets
- Bacardi and Company Limited
- Chandon
- Constellation Brands, Inc.
- Henkell Freixenet
- Pernod Ricard Winemakers
- The Sparkling Wine Co.
- Treasury Wine Estates Ltd
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