Sparkling Wine Market – By Type, By Product, By Price, By Packaging, By Region– Global Forecast, 2025 – 2034

Sparkling Wine Market Size

The sparkling wine market was valued at USD 290.1 billion in 2024 and is predicted to register at a CAGR of 7.5% between 2024 and 2034, due to the steady per capita consumption of sparkling wine around the globe. The increasing consumption of wine has made the market grow, as it is expected that the value per liter will rise by 20% in 2030 compared to 2024. Most producers also label sparkling wine as champagne. According to the World Integrated trade solution (WITS), the exported value of wine was around USD 5.7 billion, which was around 599 million liters, with the U.S. grasping the leading share of 26.9% and the U.K. 21.6%, respectively.
 

According to the published article of European Union, in 2021 the trade value of sparkling wine grew by 29% as a result of the first year after the COVID-19 pandemic. In 2018 Europe consisted of around 74% of the global sparkling wine production, where the rest of the share was held by remaining regions, and the US held around 6% of the production.
 

But the consumption rate of Europe was around 38%, and the USA was 14%, where the rest of the share was held by the other regions. Compared to 2022, there was a decrease of 8% in 2023 in the European region as it produced 1.4 trillion liters of sparkling wine. Around 600 million liters of wine were exported in 2023 to the non-EU regions.
 

According to the surveys, females are more frequent drinkers of wine than men, as females hold 56% of the volume share in the market. Females are 10% more frequent drinkers than men. Where older than 65 years of the age group consume more amount of wine compared to 16-29, 30-49 & 50-65 years.
 

German wine is commonly loved by the consumers as it consists of rich flavors and high-quality standards. Europe has made strong marketing strategies to promote the wine globally, as they have a long tradition and consume it often on weekends and festivals.

Sparkling Wine Market Trends

• Rise of Low Alcohol: There is a visual spike in the rise of low alcohol content driven by the health-conscious consumers of Genz`s as most of the individuals are seeking to avoid as well as control their regular drinking patterns. Most of consumers are demanding the low-alcohol-based products firms are offering as non-alcoholic or low-calorie versions of wine to gain more market share.
   
• Premium and Luxury: Due to increasing purchasing power around the globe people are opting for more luxury and premium products and sparkling wine is offered in eye-catching bottles, with rich taste high quality craftsmanship. There is a positive inclination in the market due to the growing popularity of high-end products which is further backed up by manufacturers with continuous stunning marketing strategies.
   
• Sustainable & Eco-friendly Practices: Sustainability is the key trend in the overall market as consumers are becoming more environmentally conscious. As manufacturers are also being aware of environmental impacts most of the firms are offering wine via organic farming, eco-friendly packaging, and energy efficient production cycles. Many firms are trying to reduce their carbon footprints and engaging with environmental organizations and campaigns to offer more sustainable products and attract more customers.
   
• Continuous Innovations: There is continuous demand of youngsters asking for the new flavours and formats for the wine consisting of ingredients like spices, fruits and herbs. Firms are continuous innovating new flavours according to the regional taste and dynamics to opt more consumers.
   
• Wine Tourism: Wine tourism has increased as people seek more interest to explore the wine yards and wine tasting events which also allows manufacturer to reach broader audience. This trend not only allows to foster economies but also supports to boost the deeper connections with the customers.
   

Sparkling Wine Market Analysis

The prosecco segment held approximately 30.4% revenue share in 2024, as it is particularly famous for lighter and fruitful taste.
 

• The popularity of prosecco has surged in the European and American market due to affordability and versatility in cocktails.
   
• As the champagne sales is driven by its premium it is estimated to grow at a CAGR of 3.5% where France remains the leading player with 42.6% of the market share.
   
• Around 299 million bottles were shipped in 2023 where U.S & U.K. were the top 2 external markets with 26.9 & 25.5 million bottles.
   
• Cava is expected to gain market share by 1% compared to 2024 due to its traditional production methods and high quality in the more affordable price range compared to champagne.
   

The sparkling wine market by type is segmented into red, white and rose where the white wine segment is anticipated to hold the market share of 48.3% in the 2024 and grow at a CAGR of 3.6% through 2034, as they are favoured for their crisp, refreshing qualities and versatility in pairing with various cuisines.
 

• Red wine is estimated to grow at a CAGR of 3.9% up to 2034, as consumers has increased their consumption as it offers more health benefits. As per the data mentioned by Nutrition Facts red wine decreases the risk of cardiovascular and inflammation.
   
• The global rose wine consumption is estimated to grow at rate of 1.9% as its consumption pattern is more stabilized in developed countries like European and American region. According to the survey one in tenth bottle consumed was the rose wine bottle.
  
   

The sparkling wine market by price is segmented into luxury and affordability.

• The Affordability segment is the fast-growing segment fuelled by price conscious and easy accessibility consumers. This segment is consisting of the entry level wines offered by the firms introduce as low calorie or non-alcoholic to youngsters.
• This segment is smaller compared to the affordability as the luxury segment consist of wines offered by international players as limited edition. This segment is estimated to have stagnant growth as the genz consumers are bending towards the luxury offerings.
   

The sparkling wine market by packaging format is segmented into bottled and canned.
 

• The bottled segment is dominating in the market with 84.8% of the share as the bottled material is glass, which is 100% recyclable and has less carbon footprints. Manufacturers are also offering their most of the products in glass to provide more transparency and to share the sustainability message to the consumers.
   
• Canned wines are also called single serve wines. This segment is estimated to gain traction due to the youngsters as it is offers more convenient & portable option. The wines offered in the canned are cheaper than the bottled segment.
   

The sparkling wine market by distribution channel is segmented into supermarkets, specialty stores, online retail, and others.
 

• Supermarket is estimated to have a market share of 50.4% in 2024 as it provide a broader range of wine from affordable to premium at competitive pricing. This segment is estimated to grow further as it provides both value oriented and easy availability of premium & local products.
   
• The specialty store is expected to grow at a CAGR of 3.9% as this store play a significant role in promoting premium products, targeting connoisseurs and those seeking unique offerings.
   

The U.S. sparkling wine market was valued at USD 9.4 billion in 2024 and is expected to reach USD 12.6 billion in 2034.
 

• U.S is the 4 largest producer of wine where California hold around 81% of the market. U.S has around 6,200 family-owned business bonded wineries as it has around 0.6 million acres of winegrapes.
   
• In 2024, The volume of California wine sales was around 229 million cases in the U.S with the retail value of USD 63.6 Bn.
   
• Millennials and Gen Z are driving the demand as they have interest in both traditional and innovative formats, such as canned sparkling wine. E-commerce and supermarkets are major distribution channels, and the market is expanding with sustainable and organic options gaining traction.
   
• The sparkling wine market in Canada is expected to register notable expansion from 2025 to 2034.
   
• As reported by Statistics Canada, in 2019, Canadians drank close to 250 million bottles of Canadian wine, each wine bottle costing roughly USD 30. Similarly, as per the Government of Canada data, Canada’s wine import and export trade was valued at 3BN and 246MLN in 2023 respectively.
   
• The sparkling wine market in the Germany is predicted to grow significantly and promising from 2025 to 2034.
   
• Spain, France and Italy account for about 75% of the total EU area under vine while Germany wines, on the other hand, accounts for around 3.2% of the entire EU. Imports to Germany are expected to remain strong compared to the prior year since the country imports 4 times the amount of wine it produces.
   
• German wine has also seen a decline in sales by 2-3% as the U.S. and Norway are the top buyers of the German wine market and both countries have increased their average selling price by 20-30 cents/liter.
   

The India Sparkling Wine market is expected to experience fruitful growth from 2025 to 2034.
 

• In 2024, India is expected to consume 46.4 million liters of wine expected to grow at a CAGR of around 12% whereas sparkling wine is estimated to grow at a CAGR of 17%.
   
• Samant soma wines, Grover Zampa & John distilleries are expected to hold around 50% of the market share.
   

Sparkling Wine Market Share

The sparkling wine industry is highly competitive, featuring a mix of global manufacturers, regional players, and niche providers catering to specific industries. The market is expected to boom in the European and Asia-Pacific regions.
 

The top 5 companies in the sparkling wine market includes Accolade Wines, Bacardi & Company, Bronco Wine Company, Casella Family Brands & Moët & Chandon, which collectively account for roughly 40% of the global market due to their product development, high quality standards, rich taste with attractive pricing range, as well as other sustainability measures.
 

Accolade Wines is an Australian company that produces and sells a variety of wines, including its readily available sparkling wines under the name 'Hardys' and 'Banrock Station.' The company focuses on middle-tier customers, assuring quality and availability. Bacardi & Company, which owns the brand Martini & Rossi, is a well-known name in the sparkling wine market and also produces top-end products like Martini Asti and Prosecco. They service mass and premium markets across the world. Bronco Wine Company, a U.S. based winery, specializes in yet inexpensive wine brands such as Covington which also features sparkling wines. The company’s main competitiveness is in its cheap Wines in great quantities.
 

Primarily recognized for their flagship product Yellow Tail, Casella Family Brands has now expanded their range to include sparkline wine with the label Yellow Tail Bubbly which offers sparkling wine for value seekers seeking no frills brands. Moet & Chandon, as part of the LVMH group, controls the premium sparkling market with their famous champagnes such as Moet Imperial, and is one of the most important luxury champagne houses.
 

Sparkling Wine Market Companies

Some of the eminent participants operating in the industry include:

• Accolade Wines
• Bacardi & Company
• Bronco Wine Company
• Casella Family Brands
• Moët & Chandon
• Caviro Extra
• Constellation Brands
• E & J Gallo Winery
• Pernod Ricard Winemakers
• Schramsberg Vineyards
• Treasury Wine Estates
• Henkell Freixenet
• Giulio Cocchi Spumanti Srl
• Vina Concha Y Toro
• Illinois Sparkling
   

Sparkling Wine Industry News:

• In 2025, Henkell Freixenet, the world’s largest supplier of sparkling wine, exhibited its extensive collection of international famed Cava, sparkling wine, prosecco, champagne and crémant brands at the prestigious Wine Paris.
   
• In July 2023, the well known brand Moët & Chandon, which is a subsidiary of the LVMH Group, started a campaign to lessen the environmental impact created by their sparkling wine production. The corporation’s goal is to have all production units operated with renewable energy by 2025. Furthermore, they are also introducing new water saving techniques in their Champagne vineyards.
   
• In September 2023, Henkell Freixenet made history in a global market by acquiring the majority of shares of an industry leading blouse sparkling wine producer in South America. This strategic acquisition shows their resolve to increase their foothold in potential markets and adapt their sparkling wine products to local needs.
   

The sparkling wine market research report includes an in-depth coverage of the industry with estimates and forecast in terms of revenue in USD Billion from 2021 – 2034 for the following segments:

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Market, By Type

• Red
• White
• Rose

Market, By Product

• Champagne
• Prosecco
• Cava
• Others

Market, By Price

• Luxury
• Affordable

Market, By Packaging

• Bottled
• Canned

Market, By Distribution Channel

• Supermarkets/Hypermarkets
• Specialty stores
• Online retail
• Others

The above information is provided for the following regions and countries:

• North America 
  • U.S.
  • Canada
• Europe 
  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Netherlands
• Asia Pacific 
  • China
  • India
  • Japan
  • Australia
  • South Korea
• Latin America 
  • Brazil
  • Mexico
  • Argentina
• Middle East and Africa 
  • Saudi Arabia
  • South Africa
  • UAE