Global Champagne Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Price Point;

Economy, Mid-range and Luxury.

By Distribution Channel;

Supermarket/Hypermarket, Specialty Stores, On Trade and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn697723204 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Champagne Market (USD Million), 2021 - 2031

In the year 2024, the Global Champagne Market was valued at USD 6,594.63 million. The size of this market is expected to increase to USD 8,221.45 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.2%.

The global champagne market represents a prestigious segment within the broader wine industry, renowned for its association with celebration, luxury, and tradition. Champagne, a sparkling wine exclusively produced in the Champagne region of France, is characterized by its unique production methods, which include secondary fermentation in the bottle to create its effervescence. This method, known as méthode champenoise or méthode traditionnelle, contributes to champagne's distinct flavor profile and quality.

The market for champagne is driven by both its cultural significance and increasing demand from global consumers seeking premium alcoholic beverages. Key players in the market include renowned champagne houses such as Moët & Chandon, Veuve Clicquot, and Dom Pérignon, each known for their long-standing expertise and commitment to quality. Despite its French origins, champagne consumption and production have expanded globally, with growing markets in North America, Asia-Pacific, and Europe, driven by rising disposable incomes and a preference for luxury goods. As consumer tastes evolve and appreciation for quality sparkling wines grows, the champagne market continues to adapt, offering a range of products from vintage cuvées to rosé variants, catering to diverse tastes and occasions worldwide.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Price Point
    2. Market Snapshot, By Distribution Channel
    3. Market Snapshot, By Region
  4. Global Champagne Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Prestige and Luxury Appeal

        2. Increasing Disposable Incomes

        3. Globalization and Market Expansion

        4. Evolving Consumer Preferences

      2. Restraints
        1. Price Sensitivity

        2. Regulatory Challenges

        3. Seasonal Demand Fluctuations

      3. Opportunities
        1. Emerging Markets in Asia-Pacific and Latin America

        2. Innovation in Product Offerings

        3. Online Retail Growth

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Champagne Market, By Price Point, 2021 - 2031 (USD Million)
      1. Economy
      2. Mid-range
      3. Luxury
    2. Global Champagne Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Supermarket/Hypermarket
      2. Specialty Stores
      3. On Trade
    3. Global Champagne Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Center Vinicole - Champagne Nicolas Feuillatte
      2. LVMH Group (DFS Group Limited)
      3. Lanson-BCC
      4. Laurent-Perrier
      5. Palmer & Co
      6. Pernod Ricard
      7. Piper-Heidsieck
      8. Taittinger
      9. THINOT BORDEAUX-CHAMPAGNE
      10. Vranken Pommery Monopole SA
  7. Analyst Views
  8. Future Outlook of the Market