Lucintel Forecasts the Global Champagne Market is expected to grow with a CAGR of 2.2% from 2024 to 2030
Lucintel Forecasts the Global Champagne Market is expected to grow with a CAGR of 2.2% from 2024 to 2030
Blog Article
According to a market report by Lucintel, the future of the global champagne market looks promising with opportunities in the supermarket and hypermarket, specialty stores, and online store markets. The global champagne market is expected to grow with a CAGR of 2.2% from 2024 to 2030. The major drivers for this market are developing e-commerce platforms, growing popularity of wine tourism, and the general public's rising alcohol intake as a coping mechanism for anxiety and stress at work.
A more than 150 – page report is developed to understand Trends, opportunity and forecast in champagne market to 2030 by price (economy, mid-range, and luxury), distribution channel (supermarket and hypermarket, specialty stores, and online stores), and region (North America, Europe, Asia Pacific, and the Rest of the World).
In this market, economy, mid-range, and luxury are the major segments of champagne market by price. Lucintel forecasts that economy will remain the largest segment over the forecast period because high-quality champagne is readily available to consumers at a reasonable price point and is both easily accessible.
Within this market, supermarket and hypermarket will remain the largest segment because they are concentrating on giving their clients a one-stop shopping experience, as well as, vast range of goods are available in stores, such as food, drinks, home goods, and more.
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Europe will remain the largest region over the forecast period due to increasing number of people drinking champagne at parties and festivities, along with the growing acceptance of wine tourism in different chateaus and vineyards.
Arvitis, Centre Vinicole – Champagne Nicolas Feuillatte, Champagne Piper-Heidsieck, Diageo, LANSON-BCC, Laurent-Perrier, LVMH Moët Hennessy Louis Vuitton, Pernod Ricard, Taittinger, and Vranken - Pommery Monopole are the major suppliers in the champagne market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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