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Champagne Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

October 2022 | 143 pages | ID: CBEB06B2B455EN
IMARC Group

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The global champagne market size reached US$ 5.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 7 Billion by 2027, exhibiting a growth rate (CAGR) of 3.2% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Champagne is an alcoholic beverage produced from a variety of grapes and flavors, such as citrus, almond, and apple, to enhance the overall taste. It is aged for several years to add texture and complexity and comes in varying levels of sweetness. It contains low amounts of calories and sugar while high levels of resveratrol compared to wine. Its low to moderate consumption provides various health benefits, including boosting mood, minimizing bad cholesterol, lowering the risk of diabetes, improving heart health, reducing damage to blood vessels, and preventing dementia and blood clots. At present, champagne is widely consumed as a celebration drink on special occasions like anniversaries, parties, weddings, sports events, and corporate events around the world.

Global Champagne Market Trends:
The rising socialization trend, especially among the young population, coupled with the increasing influence of cocktail culture, represents one of the key factors strengthening the growth of the market. Moreover, due to rapid urbanization and inflating income levels, there is a significant shift in consumer preferences towards premium champagne. In addition to this, the expanding food tourism and culinary services are positively influencing the adoption of champagne in luxury hotels for gourmet cooking across the globe. Apart from this, several market players are adopting innovative strategies, such as combining traditional hybridization techniques and advanced tools, for producing champagne. They are also investing in marketing campaigns to retain a competitive edge in the market. Furthermore, they are offering canned champagne with unique, exotic flavors through online retail channels. This, along with the thriving e-commerce industry on account of the increasing internet penetration and rising dependence on devices, such as smartphones, laptops, and tablets, is creating a positive outlook for the market growth.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global champagne market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product, price and distribution channel.

Breakup by Product:

Prestige Cuvйe
Blanc De Noirs
Blanc De Blancs
Rosй Champagne
Others

Breakup by Price:

Economy
Mid-Range
Luxury

Breakup by Distribution Channel:

Supermarket and Hypermarket
Specialty Stores
Online Stores

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Arvitis, Centre Vinicole – Champagne Nicolas Feuillatte, Champagne Piper-Heidsieck, Diageo, LANSON-BCC, Laurent-Perrier, LVMH Moлt Hennessy Louis Vuitton, Pernod Ricard, Taittinger and Vranken - Pommery Monopole SA.

Key Questions Answered in This Report
1. What was the size of the global champagne market in 2021?
2. What is the expected growth rate of the global champagne market during 2022-2027?
3. What are the key factors driving the global champagne market?
4. What has been the impact of COVID-19 on the global champagne market?
5. What is the breakup of the global champagne market based on the product?
6. What is the breakup of the global champagne market based on the price?
7. What is the breakup of the global champagne market based on the distribution channel?
8. What are the key regions in the global champagne market?
9. Who are the key players/companies in the global champagne market?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL CHAMPAGNE MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 MARKET BREAKUP BY PRODUCT

6.1 Prestige Cuvйe
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2 Blanc De Noirs
  6.2.1 Market Trends
  6.2.2 Market Forecast
6.3 Blanc De Blancs
  6.3.1 Market Trends
  6.3.2 Market Forecast
6.4 Rosй Champagne
  6.4.1 Market Trends
  6.4.2 Market Forecast
6.5 Others
  6.5.1 Market Trends
  6.5.2 Market Forecast

7 MARKET BREAKUP BY PRICE

7.1 Economy
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 Mid-Range
  7.2.1 Market Trends
  7.2.2 Market Forecast
7.3 Luxury
  7.3.1 Market Trends
  7.3.2 Market Forecast

8 MARKET BREAKUP BY DISTRIBUTION CHANNEL

8.1 Supermarket and Hypermarket
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 Specialty Stores
  8.2.1 Market Trends
  8.2.2 Market Forecast
8.3 Online Stores
  8.3.1 Market Trends
  8.3.2 Market Forecast

9 MARKET BREAKUP BY REGION

9.1 North America
  9.1.1 United States
    9.1.1.1 Market Trends
    9.1.1.2 Market Forecast
  9.1.2 Canada
    9.1.2.1 Market Trends
    9.1.2.2 Market Forecast
9.2 Asia-Pacific
  9.2.1 China
    9.2.1.1 Market Trends
    9.2.1.2 Market Forecast
  9.2.2 Japan
    9.2.2.1 Market Trends
    9.2.2.2 Market Forecast
  9.2.3 India
    9.2.3.1 Market Trends
    9.2.3.2 Market Forecast
  9.2.4 South Korea
    9.2.4.1 Market Trends
    9.2.4.2 Market Forecast
  9.2.5 Australia
    9.2.5.1 Market Trends
    9.2.5.2 Market Forecast
  9.2.6 Indonesia
    9.2.6.1 Market Trends
    9.2.6.2 Market Forecast
  9.2.7 Others
    9.2.7.1 Market Trends
    9.2.7.2 Market Forecast
9.3 Europe
  9.3.1 Germany
    9.3.1.1 Market Trends
    9.3.1.2 Market Forecast
  9.3.2 France
    9.3.2.1 Market Trends
    9.3.2.2 Market Forecast
  9.3.3 United Kingdom
    9.3.3.1 Market Trends
    9.3.3.2 Market Forecast
  9.3.4 Italy
    9.3.4.1 Market Trends
    9.3.4.2 Market Forecast
  9.3.5 Spain
    9.3.5.1 Market Trends
    9.3.5.2 Market Forecast
  9.3.6 Russia
    9.3.6.1 Market Trends
    9.3.6.2 Market Forecast
  9.3.7 Others
    9.3.7.1 Market Trends
    9.3.7.2 Market Forecast
9.4 Latin America
  9.4.1 Brazil
    9.4.1.1 Market Trends
    9.4.1.2 Market Forecast
  9.4.2 Mexico
    9.4.2.1 Market Trends
    9.4.2.2 Market Forecast
  9.4.3 Others
    9.4.3.1 Market Trends
    9.4.3.2 Market Forecast
9.5 Middle East and Africa
  9.5.1 Market Trends
  9.5.2 Market Breakup by Country
  9.5.3 Market Forecast

10 SWOT ANALYSIS

10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats

11 VALUE CHAIN ANALYSIS

12 PORTERS FIVE FORCES ANALYSIS

12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes

13 PRICE ANALYSIS

14 COMPETITIVE LANDSCAPE

14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
  14.3.1 Arvitis
    14.3.1.1 Company Overview
    14.3.1.2 Product Portfolio
  14.3.2 Centre Vinicole – Champagne Nicolas Feuillatte
    14.3.2.1 Company Overview
    14.3.2.2 Product Portfolio
  14.3.3 Champagne Piper-Heidsieck
    14.3.3.1 Company Overview
    14.3.3.2 Product Portfolio
  14.3.4 Diageo
    14.3.4.1 Company Overview
    14.3.4.2 Product Portfolio
    14.3.4.3 Financials
    14.3.4.4 SWOT Analysis
  14.3.5 LANSON-BCC
    14.3.5.1 Company Overview
    14.3.5.2 Product Portfolio
  14.3.6 Laurent-Perrier
    14.3.6.1 Company Overview
    14.3.6.2 Product Portfolio
    14.3.6.3 Financials
  14.3.7 LVMH Moлt Hennessy Louis Vuitton
    14.3.7.1 Company Overview
    14.3.7.2 Product Portfolio
    14.3.7.3 Financials
    14.3.7.4 SWOT Analysis
  14.3.8 Pernod Ricard
    14.3.8.1 Company Overview
    14.3.8.2 Product Portfolio
    14.3.8.3 Financials
    14.3.8.4 SWOT Analysis
  14.3.9 Taittinger
    14.3.9.1 Company Overview
    14.3.9.2 Product Portfolio
  14.3.10 Vranken - Pommery Monopole SA
    14.3.10.1 Company Overview
    14.3.10.2 Product Portfolio
    14.3.10.3 Financials

LIST OF TABLES

Table 1: Global: Champagne Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Champagne Market Forecast: Breakup by Product (in Million US$), 2022-2027
Table 3: Global: Champagne Market Forecast: Breakup by Price (in Million US$), 2022-2027
Table 4: Global: Champagne Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 5: Global: Champagne Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Champagne Market: Competitive Structure
Table 7: Global: Champagne Market: Key Players

LIST OF FIGURES

Figure 1: Global: Champagne Market: Major Drivers and Challenges
Figure 2: Global: Champagne Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Champagne Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Champagne Market: Breakup by Product (in %), 2021
Figure 5: Global: Champagne Market: Breakup by Price (in %), 2021
Figure 6: Global: Champagne Market: Breakup by Distribution Channel (in %), 2021
Figure 7: Global: Champagne Market: Breakup by Region (in %), 2021
Figure 8: Global: Champagne (Prestige Cuvйe) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Champagne (Prestige Cuvйe) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Champagne (Blanc De Noirs) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Champagne (Blanc De Noirs) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Champagne (Blanc De Blancs) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Champagne (Blanc De Blancs) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Champagne (Rosй Champagne) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Champagne (Rosй Champagne) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Champagne (Other Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Champagne (Other Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Champagne (Economy) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Champagne (Economy) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Champagne (Mid-Range) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Champagne (Mid-Range) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Champagne (Luxury) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Champagne (Luxury) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Champagne (Supermarket and Hypermarket) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Champagne (Supermarket and Hypermarket) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Champagne (Specialty Stores) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Champagne (Specialty Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Champagne (Online Stores) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Champagne (Online Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: North America: Champagne Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: North America: Champagne Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: United States: Champagne Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: United States: Champagne Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Canada: Champagne Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Canada: Champagne Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Asia-Pacific: Champagne Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Asia-Pacific: Champagne Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: China: Champagne Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: China: Champagne Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Japan: Champagne Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Japan: Champagne Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: India: Champagne Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: India: Champagne Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: South Korea: Champagne Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: South Korea: Champagne Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Australia: Champagne Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Australia: Champagne Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Indonesia: Champagne Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Indonesia: Champagne Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Others: Champagne Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Others: Champagne Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Europe: Champagne Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Europe: Champagne Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Germany: Champagne Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Germany: Champagne Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: France: Champagne Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: France: Champagne Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: United Kingdom: Champagne Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: United Kingdom: Champagne Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Italy: Champagne Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Italy: Champagne Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Spain: Champagne Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Spain: Champagne Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Russia: Champagne Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Russia: Champagne Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Others: Champagne Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Others: Champagne Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Latin America: Champagne Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Latin America: Champagne Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Brazil: Champagne Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Brazil: Champagne Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Mexico: Champagne Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Mexico: Champagne Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Others: Champagne Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Others: Champagne Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Middle East and Africa: Champagne Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Middle East and Africa: Champagne Market: Breakup by Country (in %), 2021
Figure 78: Middle East and Africa: Champagne Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Global: Champagne Industry: SWOT Analysis
Figure 80: Global: Champagne Industry: Value Chain Analysis
Figure 81: Global: Champagne Industry: Porter's Five Forces Analysis


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