Leading market research company, Technavio has its analysts forecasting the global sparkling wine market to grow at a CAGR of 2.67% during the period 2016 – 2020.

What is Sparkling Wine?

Sparkling wine is a carbonated wine which is made by fermentation of sugar and yeast. This results in the production of the alcohol and CO2, and since the gas is not allowed to escape, it ultimately mixes with the wine. This is released in the form of tiny bubbles when the bottle is opened.

Sparkling wine can come from any wine region in the world and often has regional specific names. Champagne, for example, is a legally protected name for sparkling wine from the Champagne region in northeastern France. The German name for sparkling wine is Sekt and in Spain it is called Cava. One of the most popular sparkling wines in the world is Prosecco and is produced in certain wine regions in Italy. If there is no regional name, like in Canada, the wine is simply called by its generic name “Sparkling Wine.”

 

What Is Covered in The Global Sparkling Wine Market Report?

The report covers the present scenario and the growth prospects of the global sparkling wine market for the period 2016-2020. To calculate the market size, the report has taken into consideration the revenue generated from retail sales of sparkling wine globally. It also includes the market size based on volume, which was calculated based on the retail sales of sparkling wine.

The sparkling wine market is divided into the following segments based on geography:

  • The Americas
  • APAC (Asia Pacific)
  • EMEA (Europe, Middle East and Africa)

Technavio’s report, “Global Sparkling Wine Market 2016-2020“, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Vendors in the Global Sparkling Wine Market Report

Codorníu, Spain
Freixenet, Spain
Henkell & Co. Gruppe, Germany
Korbel, USA
LVMH: Moët & Chandon, France
Nyetimber, England

 

Other Prominent Vendors in the Global Sparkling Wine Market Report

Accolade Wines
Bacardi
Bronco Wine Company
Cantine Riunite & Civ S.C.Agr
Casella Family Brands
Castlel Group
Caviro
Constellation Brands
Davide Campari-Milano
E&J Gallo Winery
Gruppo Italiano Vini
J García Carrión
Pernod Ricard

Sparkling Wine Market Driver

  • Increasing awareness about wine
  • For a full, detailed list, view the report

Sparkling Wine Market Challenge

  • Adverse weather conditions affecting grape production
  • For a full, detailed list, view the report

Sparkling Wine Market Trend

  • Wine and social media
  • For a full, detailed list, view the report

Read the full The Global Sparkling Wine Market report here.

View the original version on PR Newswire

 

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