Sparkling Wine Market Growth, Size, Growth Analysis, Key Players, and Forecast 2025-2033

According to the latest report by IMARC Group, titled “Sparkling Wine Market Report by Type (Red, Rose, White), Product (Cava, Champagne, Cremant, Prosecco, and Others), Price Point (Economy, Mid-range, Luxury), Sales Channel (Supermarket and Hypermarket, Specialty Stores, On Trade, and Others), and Region 2025-2033”, offers a comprehensive analysis of the industry, which comprises insights on the global sparkling wine market share. The report also includes competitor and regional analysis, and contemporary advancements in the global market.

The global sparkling wine market size reached USD 41.6 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 69.1 Billion by 2033, exhibiting a growth rate (CAGR) of 5.5% during 2025-2033.

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Global Sparkling Wine Market Dynamics:

The Global Sparkling Wine Market: Bubbles Rising in Premium Territory:

The global sparkling wine market is experiencing remarkable momentum, with industry analysts forecasting continued expansion across key demographics and regions. Understanding the market dynamics shaping this effervescent sector reveals fascinating insights into changing consumer behaviors and emerging opportunities.

Latest Market Trends: The Premium Evolution:

The sparkling wine market has undergone a sophisticated transformation, moving far beyond traditional celebration-only consumption patterns. Younger demographics are embracing Prosecco, Champagne, and other sparkling varieties for casual and social occasions, fundamentally reshaping how these products are positioned and consumed. This shift represents more than just generational preference—it signals a broader cultural evolution where sparkling wine has become an everyday luxury rather than a special occasion indulgence. Industry experts note that this casualization of sparkling wine consumption has opened entirely new market segments, with retailers reporting increased sales during weekdays and non-holiday periods. The trend extends beyond domestic consumption, with restaurants and bars incorporating more diverse sparkling wine offerings into their regular menus. The growing trend of incorporating wine into celebrations continues alongside this everyday consumption pattern, creating a dual-market dynamic that's driving sustained growth across multiple consumer touchpoints.

Growth Drivers: Demographic Shifts and Premium Demand:

The past few years – and which has accelerated in the past 12 months is coming primarily from the urban affluent consumer aged under 45 – principally the Millennials and LDA Gen-Z cohorts, creating a powerful engine for market expansion. This demographic shift isn't merely about age—it reflects changing lifestyle priorities and consumption philosophies that favor quality over quantity. Millennials, in particular, demonstrate willingness to invest in premium experiences and products that align with their values, including organic and sustainably produced sparkling wines. Key drivers include changing consumer preferences towards premium products, the rising popularity of low-alcohol and organic variants and expanding markets in emerging economies. Businesses are beginning to realize that this generation views wine consumption as part of their social identity, leading to increased brand loyalty when companies authentically connect with their values. The economic impact is substantial, with younger consumers typically purchasing higher-priced bottles and showing greater interest in exploring different regions and styles, driving both volume and value growth across the sparkling wine market.

Future Demand Projections: Sustained Expansion Ahead:

The global sparkling wine market size reached USD 41.6 Billion in 2024, expected to reach USD 69.1 Billion, CAGR of 5.5% during 2025-2033, indicating robust long-term growth potential that extends well beyond current market conditions. This projected expansion reflects more than optimistic forecasting—it's grounded in observable consumer behavior shifts and market infrastructure development. The sparkling wine segment is projected to register the fastest CAGR of 8.9% from 2025 to 2030, outpacing many other alcoholic beverage categories and demonstrating the sector's resilience and growth potential. The demand drivers supporting these projections include expanding global middle-class populations, increasing wine culture adoption in emerging markets, and continued premiumization trends in established markets. Industry experts anticipate that technological advances in production and distribution will further support market expansion, making quality sparkling wines more accessible to broader consumer bases. Geographic diversification of both production and consumption patterns suggests this growth will be sustainable, with new regions contributing both supply and demand to the global sparkling wine market ecosystem.

By the IMARC Group, Some of the Top Competitive Landscape Operating in the Sparkling Wine Market Report are Given Below:

• Accolade Wines
• Bacardi Limited
• Bronco Wine Company
• Casella Family Brands
• Caviro Extra S.p.A.
• Constellation Brands Inc.
• Freixenet Sa (Henkell & Co. Sektkellerei)
• Giulio Cocchi Spumanti Srl
• Illinois Sparkling Co.
• Quady Winery
• Treasury Wine Estates
• Vina Concha Y Toro

Explore the Full Report with Charts, Table of Contents, and List of Figures: https://www.imarcgroup.com/sparkling-wine-market

Emerging Market Trends: Innovation Meets Tradition:

The sparkling wine landscape is witnessing unprecedented innovation as producers respond to evolving consumer demands and preferences. Low-alcohol still wine grew at a CAGR of +22% between 2018 and 2023 and is predicted to expand at a CAGR of +15% between 2023 and 2028, with similar trends emerging in the sparkling wine segment as health-conscious consumers seek lower-alcohol alternatives without compromising on taste or experience. Sustainability and organic production methods are becoming table stakes rather than differentiators, with consumers increasingly expecting transparency in sourcing and production practices. Technology integration is transforming both production efficiency and consumer engagement, from precision viticulture techniques that enhance quality consistency to direct-to-consumer platforms that create deeper brand relationships. The intersection of tradition and innovation is creating new product categories and consumption occasions, positioning the sparkling wine market for continued expansion across diverse consumer segments.

Key Market Segmentation:

Breakup by Type:

• Red
• Rose
• White

Breakup by Product:

• Cava
• Champagne
• Cremant
• Prosecco
• Others

Breakup by Price Point:

• Economy
• Mid-range
• Luxury

Breakup by Sales Channel:

• Supermarket and Hypermarket
• Specialty Stores
• On Trade
• Others

Breakup by Organization Size:

• Small and Medium-sized Enterprises
• Large Enterprises

Breakup by Sales Channel:

• Supermarket and Hypermarket
• Specialty Stores
• On Trade
• Others

Regional Insights:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the Report:

• Market Performance
• Market Outlook
• COVID-19 Impact on the Market
• Porter’s Five Forces Analysis
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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