Champagne Market - Growth, Trends and Forecasts (2020 - 2025)

Global Champagne Market is segmented by Distribution Channel (On-Trade and Off-Trade) and Geography (North America, Europe, Asia-Pacific, and Rest of the World)

Market Snapshot

Global Champagne Market
Study Period: 2016-2025
Base Year: 2019
Fastest Growing Market: North America
Largest Market: Asia Pacific
CAGR: 6.2 %

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Market Overview

The global champagne market is projected to grow at a CAGR of 6.20% during the forecast period (2020 - 2025).

  • Premiumization of the industry remains one of the major factors driving the alcoholic beverage market particularly spirits and wine. A leading player such as Diageo which elicits one-third of its sales from the United States is increasingly making its move to dominate premium champagnes.
  • By distribution channel, offline retail stores held the largest market share owing to robust champagne sales recorded through the specialty stores. Due to the diverse variety and brands available at these stores with instant customer services, consumers prefer buying their champagnes from offline stores.

Scope of the Report

The global champagne market includes revenue generated through on-trade and off-trade retail channel. Additionally, the study covers market revenue in major countries of the regions North America, Europe, Asia-Pacific, and Rest of the World.

By Distribution Channel
On-Trade
Off-Trade
Online Retail Stores
Offline Retail Stores
By Geography
North America
United States
Canada
Mexico
Rest of North America
Europe
Germany
United Kingdom
Italy
France
Russia
Spain
Rest of Europe
Asia-Pacific
India
China
Japan
Australia
Rest of Asia-Pacific
Rest of the World
South America
Middle East and Africa

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Key Market Trends

Online Platform to Foster the Market Growth

Online retailing of alcohol including champagne is growing at a faster pace. The on-demand delivery apps, such as Drizly, are the driving forces of this segment. ​Recently, prominent e-commerce retailers also entered the market, to cater to the increasing demand from the consumers. In 2015, the Amazon Prime Now mobile application offered one-­hour delivery of alcoholic beverages in the United States. Additionally, Uber Eats also expanded its home-­delivery services to alcohol. This in turn is anticipated to supplement overall sales of champagne through online retailing.

Global Champagne Market1

France Held a Significant Share

Champagne being native to the country France, witnesses high penetration in the country among other alcoholic beverages. As a result, the country held a significant share in champagne consumption, globally. Additionally, the growing prevalence of premiumization in the industry is boosting the value sales of the product. The French consumers are becoming more attracted to wines that use these types of descriptors: “no taste additives, gluten-free, low carb, vegan-friendly, sulfite-free, low calorie, low alcohol, light, lighter, organic, paleo-friendly, etc.” This is because of the new focus on healthy food and beverages that is sweeping across the nation.

Global Champagne Market2

Competitive Landscape

The global champagne market is fragmented and comprises numerous regional and international competitors. New product development, merger & acquisition strategies, and expansion are some of the most preferred strategies for the champagne industry. The consumer set for the champagne market is huge, but there are only a few companies that have such a wide reach. Some of the leading players in the industry include Diageo plc, La Marca, and F. Korbel Brothers.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Industry Attractiveness - Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Distribution Channel

      1. 5.1.1 On-Trade

      2. 5.1.2 Off-Trade

        1. 5.1.2.1 Online Retail Stores

        2. 5.1.2.2 Offline Retail Stores

    2. 5.2 By Geography

      1. 5.2.1 North America

        1. 5.2.1.1 United States

        2. 5.2.1.2 Canada

        3. 5.2.1.3 Mexico

        4. 5.2.1.4 Rest of North America

      2. 5.2.2 Europe

        1. 5.2.2.1 Germany

        2. 5.2.2.2 United Kingdom

        3. 5.2.2.3 Italy

        4. 5.2.2.4 France

        5. 5.2.2.5 Russia

        6. 5.2.2.6 Spain

        7. 5.2.2.7 Rest of Europe

      3. 5.2.3 Asia-Pacific

        1. 5.2.3.1 India

        2. 5.2.3.2 China

        3. 5.2.3.3 Japan

        4. 5.2.3.4 Australia

        5. 5.2.3.5 Rest of Asia-Pacific

      4. 5.2.4 Rest of the World

        1. 5.2.4.1 South America

        2. 5.2.4.2 Middle East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Adopted Strategies

    2. 6.2 Most Active Companies

    3. 6.3 Company Profiles

      1. 6.3.1 Diageo plc

      2. 6.3.2 La Marca USA

      3. 6.3.3 F. Korbel Brothers, Inc.

      4. 6.3.4 Cook's Champagne Cellars

      5. 6.3.5 LVMH Moet Hennessy

      6. 6.3.6 Societe Jacques Bollinger SA

      7. 6.3.7 Andre Champagne Cellars

    4. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  8. 8. IMPACT OF COVID-19 ON THE MARKET

**Subject to Availability

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Frequently Asked Questions

The Champagne Market market is studied from 2016 - 2025.

The Champagne Market is growing at a CAGR of 6.2% over the next 5 years.

North America is growing at the highest CAGR over 2021- 2026.

Asia Pacific holds highest share in 2019.

Diageo plc , La Marca USA , F. Korbel Brothers, Inc. , Cook’s Champagne Cellars , LVMH Moët Hennessy are the major companies operating in Champagne Market.

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