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Europe Sparkling Wine Market

2021

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)

Publication Month: Oct 2021 | Report Code: TIPRE00025091 | No. of Pages: 108 | Category: Food and Beverages | Status: Published

Market Insights

Europe Sparkling Wine Market to Grow at a CAGR of 4.1% to reach US$ 29,899.39 million Million from 2021 to 2028

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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

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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.

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

  1. Bacardi and Company Limited
  2. Chandon
  3. Constellation Brands, Inc.
  4. Henkell Freixenet
  5. Pernod Ricard Winemakers
  6. The Sparkling Wine Co.
  7. Treasury Wine Estates Ltd
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe Sparkling Wine market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the Europe Sparkling Wine market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Sparkling Wine market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
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