Sparkling Wine Market Forecast to 2028

The sparkling wine market was valued at US$ 41.64 billion in 2021 and is projected to reach US$ 55.80 billion by 2028

it is expected to grow at a CAGR of 4.3% from 2021 to 2028.

Rapid socioeconomic changes and fast-paced urbanization are bolstering the demand for sparkling wine 

the growing preference for drinks with low or no alcohol content, the popularity of this wine is increasing among millennials, teenagers, and working populations, and in bachelors and people living in hostels