Global Sparkling Red Wine Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Red Wine, Rose Wine, and White Wine.

By Product;

Prosecco, Champagne, Cava, Cremant, and Others.

By Distribution Channel;

Offline and Online.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn767162516 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Sparkling Red Wine Market (USD Million), 2021 - 2031

In the year 2024, the Global Sparkling Red Wine Market was valued at USD 48,882.95 million. The size of this market is expected to increase to USD 80,467.64 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.4%.

The global sparkling red wine market has been witnessing steady growth in recent years, driven by evolving consumer preferences and expanding wine culture worldwide. Sparkling red wines, known for their vibrant flavors and effervescence, have gained popularity not only among wine enthusiasts but also among casual drinkers seeking unique tasting experiences. This segment of the wine market offers a blend of tradition and innovation, appealing to a diverse demographic across various regions.

Key factors driving the growth of the global sparkling red wine market include increasing disposable incomes, changing lifestyles, and growing awareness about different wine varieties. Consumers are increasingly seeking premium and exotic wine options, and sparkling red wines fit into this demand with their distinctive taste profiles and celebratory appeal. Moreover, advancements in wine-making techniques and the rise of boutique wineries have contributed to expanding the range and availability of sparkling red wines in both traditional and emerging markets.

Geographically, the market for sparkling red wines spans major wine-producing regions such as Europe, North America, and Australia, where established wineries continue to innovate and diversify their offerings. Additionally, emerging markets in Asia Pacific and Latin America are showing promising growth potential, driven by rising urbanization and evolving consumer tastes. Looking ahead, the global sparkling red wine market is expected to continue its upward trajectory, supported by ongoing product innovation, strategic marketing efforts, and the growing popularity of wine culture 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 Type
    2. Market Snapshot, By Product
    3. Market Snapshot, By Distribution Channel
    4. Market Snapshot, By Region
  4. Global Sparkling Red Wine Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing consumer preference for sparkling wines
        2. Growing popularity of red wine varieties
        3. Rise in disposable income leading to premiumization
      2. Restraints
        1. Higher production costs compared to non-sparkling wines
        2. Limited consumer awareness in emerging markets
        3. Regulatory challenges in some regions
      3. Opportunities
        1. Expansion in emerging markets
        2. Innovations in packaging and marketing strategies
        3. Increasing demand for organic and sustainable wines
    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 Sparkling Red Wine Market, By Type, 2021 - 2031 (USD Million)
      1. Red Wine
      2. Rose Wine
      3. White Wine
    2. Global Sparkling Red Wine Market, By Product, 2021 - 2031 (USD Million)
      1. Prosecco
      2. Champagne
      3. Cava
      4. Cremant
      5. Others
    3. Global Sparkling Red Wine Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Offline
      2. Online
    4. Global Sparkling Red Wine 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. Ridgeview Wine Estate (UK)
      2. Bodega Luigi Bosca (Argentina)
      3. Serafino Wines (Australia)
      4. Bodegas Valdemar (Spain)
      5. Mionetto (Italy)
      6. Bisol (Italy)
      7. Scharffenberger Cellars (USA)
      8. Chandon (Australia)
      9. Blue Pyrenees Estate (Australia)
      10. Yalumba (Australia)
  7. Analyst Views
  8. Future Outlook of the Market