Europe Sparkling Wine Market Share and Forecast by 2028

Historic Data: 2019-2020 | Base Year: 2021 | Forecast Period: 2022-2028

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)

Report Date : Oct 2021
Report Code : TIPRE00025091

Category : Food and Beverages
Status : Published

Available Report Formats :
No. of Pages : 108

Page Updated: Oct 2021

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

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.

The UK, Germany, France, Italy, and Russia are major economies in Europe. Italy, France, and Spain are the leaders in wine production across the region, while several other countries such as Germany is unexpectedly emerging in this market space, with elevated wine production capacities and fine wine quality. Sparkling wine is highly consumed in Italy. According to wine ratings in the country, the number of wineries grows by slightly more than 4% every year. Furthermore, wine output in the country is increasing at a decent rate. Therefore, an increasing number of wineries is a major factor driving the growth of the Europe sparkling wine market.

This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

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-Companies Mentioned

Bacardi and Company Limited
Chandon
Constellation Brands, Inc.
Henkell Freixenet
Pernod Ricard Winemakers
The Sparkling Wine Co.
Treasury Wine Estates Ltd

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.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the sparkling wine market. The Europe sparkling wine market is expected to grow at a good CAGR during the forecast period.

Europe Sparkling Wine Report Scope

Report Attribute	Details
Market size in 2021	US$ 22,565.90 Million
Market Size by 2028	US$ 29,899.39 Million
Global CAGR (2021 - 2028)	4.1%
Historical Data	2019-2020
Forecast period	2022-2028
Segments Covered	By Type White Red Rose By Packaging Type Bottles and Cans By Distribution Channel Supermarkets and Hypermarkets Specialty Stores Online Retail
Regions and Countries Covered	Europe UK Germany France Russia Italy Rest of Europe
Market leaders and key company profiles	Bacardi and Company Limited Chandon Constellation Brands, Inc. Henkell Freixenet Pernod Ricard Winemakers The Sparkling Wine Co. Treasury Wine Estates Ltd

Research Manager

Habi Ummer

Manager,
Market Research & Consulting

Habi is a seasoned Market Research Analyst with 8 years of experience specializing in the Chemicals and Materials sector, with additional expertise in the Food & Beverages and Consumer Goods industries. He is a Chemical Engineer from Vishwakarma Institute of Technology (VIT) and has developed deep domain knowledge across industrial and specialty chemicals, paints and coatings, paper and packaging, lubricants, and consumer products. Habi’s core competencies include market sizing and forecasting, competitive benchmarking, trend analysis, client engagement, report writing, and team coordination—making him adept at delivering actionable insights and supporting strategic decision-making.

What are the Europe Sparkling Wine Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

Recent Reports

Testimonials

I wish to appreciate your support and the professionalism you displayed in the course of attending to my request for information regarding to infectious disease IVD market in Nigeria. I appreciate your patience, your guidance, and the fact that you were willing to offer a discount, which eventually made it possible for us to close a deal. I look forward to engaging The Insight Partners in the future, all thanks to the impression you have created in me as a result of this first encounter.

DR CHIJIOKE ONYIA MANAGING DIRECTOR, PineCrest Healthcare Ltd.

The Insight Partners delivered insightful, well-structured market research with strong domain expertise. Their team was professional and responsive throughout. The user-friendly website made accessing industry reports seamless. We highly recommend them for reliable, high-quality research services

YUKIHIKO ADACHI CEO, Deep Blue, LLC.

We worked with The Insight Partners for an important market study and forecast. They gave us clear insights into opportunities and risks, which helped shape our plans. Their research was easy to use and based on solid data. It helped us make smart, confident decisions. We highly recommend them.

PIYUSH NAGPAL Sr. Vice President, High Beam Global

I requested a report on a very specific software market and the team produced the report in a few days. The information was very relevant and well presented. I then requested some changes and additions to the report. The team was again very responsive and I got the final report in less than a week.

Jean-Herve Jenn Chairman, Future Analytica

This is the first time I have purchased a market report from The Insight Partners.While I was unsure at first, I visited their web site and felt more comfortable to take the risk and purchase a market report.I am completely satisfied with the quality of the report and customer service. I had several questions and comments with the initial report, but after a couple of dialogs over email with their analyst I believe I have a report that I can use as input to our strategic planning process.Thank you so much for taking the extra time and making this a positive experience.I will definitely recommend your service to others and you will be my first call when we need further market data.

John Suzuki President and Chief Executive Officer, Board Director, BK Technologies

The Insight Partners' SCADA System Market report is comprehensive, with valuable insights on current trends and future forecasts. The team was highly professional, responsive, and supportive throughout. We are very satisfied and highly recommend their services.

Ran Kedem Partner, Reali Technologies LTDs

Reason to Buy