South America Sparkling Wine Market Drivers and Forecasts by 2028

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

South America 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 : TIPRE00025094

Category : Food and Beverages
Status : Published

Available Report Formats :
No. of Pages : 90

Page Updated: Oct 2021

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

The sparkling wine market in SAM is expected to grow from US$ 2,664.61 million in 2021 to US$ 3,632.79 million by 2028; it is estimated to grow at a CAGR of 4.5% from 2021 to 2028.

South Africa and UAE are economies in MEA. Rapid socioeconomic changes and fast-paced urbanization are bolstering the demand for sparkling wine. With continuous rise in living standards and buying power, customers desire to purchase high-quality, luxurious items. Moreover, their food habits and meal preferences changes with these changes in lifestyle. Thus, the demand for sparkling wine in parties, marriages, and social gatherings is on rise. With 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. Furthermore, increasing social media and the Internet has significant impact on all generations, as well as an increase in social parties, are increasing consumption of sparkling wine.

The country with the most confirmed COVID-19 cases in South America was Brazil, followed by Argentina, Peru, Chile, and Ecuador. Governments across the region have implemented several preventive measures to protect their residents and limit the spread of the novel coronavirus. Limitations on operations of various industries across the region have adversely affected the demand for sparkling wine, which is further expected to restrain the growth of sparkling wines market in South America.

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 SAM sparkling wine market is expected to grow at a good CAGR during the forecast period.

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

SAM Sparkling Wine Market Segmentation

SAM Sparkling Wine Market – By Type

White
Red
Rose

SAM Sparkling Wine Market – By Packaging Type

Bottles
Cans

SAM Sparkling Wine Market – By Distribution Channel

Supermarkets and Hypermarkets
Specialty Stores
Online Retail
Others

SAM Sparkling Wine Market- By Country

Brazil
Argentina
Rest of South America

SAM Sparkling Wine Market-Companies Mentioned

Bacardi and Company Limited
Chandon
Constellation Brands, Inc.
Henkell Freixenet
Treasury Wine Estates Ltd

South America Sparkling Wine Report Scope

Report Attribute	Details
Market size in 2021	US$ 2,664.61 Million
Market Size by 2028	US$ 3,632.79 Million
Global CAGR (2021 - 2028)	4.5%
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	South and Central America Brazil Argentina Rest of South and Central America
Market leaders and key company profiles	Bacardi and Company Limited Chandon Constellation Brands, Inc. Henkell Freixenet 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 South America 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

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