Champagne Market, By Grape Used (Pinot Noir, Pinot Meuniere, and Chardonnay), By Product Type (Prestige Cuvee, Blanc De Noirs, Blanc De Blancs, And Rosé Champagne), By Flavor (Apple, Brut, Nutty, Vanilla, and Others (Pear, Citrus, Cream, Strawberry, and Chocolate)), By Distribution Channel (Hypermarkets, Specialty Stores, and Online Stores), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI69819 | Publish Date: March 2024 | No. of Pages: 180

Global Champagne Market By Grape Overview

Introduction

Champagne Market was valued at US$ 8.1 Billion in 2024 and is projected to grow at a CAGR of 5.20% to reach US$ 12.8 Billion by 2034.

Champagne is a protected designation of origin, meaning that only sparkling wines produced in the Champagne region of France can legally be called Champagne. Sparkling wines produced using the same method but from other regions are referred to as sparkling wine or method traditionally. Champagne is enjoyed not only for its delightful bubbles but also for its complex aromas and flavors. Depending on the blend and aging process, Champagne can exhibit a wide range of characteristics, including notes of citrus, apple, pear, brioche, toast, almond, and even hints of honey or floral nuances.

Champagne houses and producers have invested heavily in marketing and promotion efforts to expand their reach and educate consumers about the unique qualities of Champagne. Advertising campaigns, brand collaborations, and sponsorship of high-profile events, such as sports championships and film festivals, have helped raise the profile of Champagne and attract new consumers. The growth of e-commerce has provided Champagne producers with new opportunities to reach consumers directly. Online platforms and wine retailers have made it easier for consumers to access a wide selection of Champagnes, compare prices, and receive doorstep delivery. The convenience and accessibility of online sales have contributed to the expansion of Champagne market.

Global Champagne Market By Grape Dynamics

Rising Consumer Preferences for Premium Products

Rising consumer preferences for premium products play a significant role in driving the champagne market. Champagne brands employ experiential marketing strategies to engage consumers and create a unique brand experience. Tastings, vineyard tours, and exclusive events allow consumers to immerse themselves in the world of champagne and appreciate its craftsmanship firsthand. Such immersive experiences reinforce the preference for premium products by establishing an emotional connection with consumers.

Rising consumer preferences for premium products in the champagne market are driven by the aspiration for luxury, unique experiences, and the desire to showcase social status. Brands that effectively cater to these preferences by offering high-quality products and engaging marketing strategies are likely to benefit from the growing demand for premium champagne.

Increasing Urbanization and Westernization

Urbanization and westernization often bring about changes in consumer lifestyles. As people move to urban areas, they are exposed to a wider range of cultural influences, including Western trends and traditions. Champagne, with its association with celebrations and luxury, aligns with the aspirational and cosmopolitan lifestyles of urban consumers. The desire to embrace Western cultural elements and adopt sophisticated habits contributes to the demand for champagne.

Restrains:

Champagne is a premium product that requires specific production methods and quality standards. The high cost associated with champagne production, including vineyard maintenance, grape selection, and the traditional method champagne production process, results in relatively higher prices. The cost factor limits the market's size as it remains inaccessible for price-sensitive consumers.

Champagne production is primarily limited to the Champagne region in France, and it follows strict regulations and controlled production methods. The limited availability of champagne, due to geographic constraints and controlled supply, can restrain market growth.

Global Champagne Market By Grape Segmentation

Champagne Market- Segmentation

Champagne Market is segmented based on Grape Used, Product Type, Flavor, Distribution Channel and Region.

Grape Used Insight

On the basis of Grape Used, Champagne Market is segmented into Pinot Noir, Pinot Meuniere, and Chardonnay. Pinot Meunier is expected to dominate the target market growth as it is also a red grape, but with white pulp, and it brings freshness, fruitiness, and roundness to the champagne blend. Pinot Meunier grapes are generally characterized by their floral and fruity aromas, often with notes of pear, apple, and citrus.

Product Type Insights

On the basis of Product Type, Champagne Market is segmented into Prestige Cuvee, Blanc De Noirs, Blanc De Blancs, and Rosé Champagne.  Rosé Champagne are expected to dominate the target market growth as they are important in the Champagne market as Rosé Champagne is made by incorporating red wine or allowing limited skin contact with black-skinned grapes during the production process. This results in a champagne with a pink or salmon color. Rosé Champagnes can be produced using a variety of methods, such as blending red and white wines or using the saignée method.

Flavor Insights

On the basis of Ingredient Type, Champagne Market is segmented into Apple, Brut, Nutty, Vanilla, and Others (Pear, Citrus, Cream, Strawberry, and Chocolate). Apple and Pear are expected to dominate target market growth as Apple flavors are frequently encountered in champagnes, particularly in those made with Chardonnay grapes whereas Pear flavors can also be found in some champagnes, particularly those made with Pinot Noir and Pinot Meunier grapes.

Distribution Channel Insights

On the basis of Distribution Channel, Champagne Market is segmented into Hypermarkets, Specialty Stores, and Online Stores. Specialty Stores are expected to dominate target market growth as these stores often have knowledgeable staff who can provide expert recommendations and guidance to customers. Specialty stores cater to wine enthusiasts, connoisseurs, and those seeking premium and boutique champagnes. They may carry a diverse range of champagne brands, including both well-known and niche producers.

Regional Insights:

On the basis of region the Champagne Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe is estimated to witness a significantly high revenue share over the forecast period, as this region, which is located in northeastern France, is internationally renowned for its production of high-quality sparkling wines, specifically Champagne. The Champagne region has a long-established history and expertise in champagne production, and it holds a protected designation of origin (PDO) status, which ensures that only wines produced in this specific region can be labeled as "Champagne."

Champagne market dynamics can evolve over time, and other regions or emerging markets may witness increased growth and revenue shares in the Champagne market. However, the Champagne region in France is currently recognized as the leading and most significant contributor to the global Champagne market.

Attribute

Details

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Grape Used - Pinot Noir, Pinot Meuniere, and Chardonnay

By Product Type - Pinot Noir, Pinot Meuniere, and Chardonnay

By Flavor - Apple, Brut, Nutty, Vanilla, and Others (Pear, Citrus, Cream, Strawberry, and Chocolate)

By Distribution Channel - Hypermarkets, Specialty Stores, and Online Stores

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2022 to 2032. For the purpose of this study, has segmented the Champagne Market report based on Grape Used, Product Type, Flavor, Distribution Channel and Region:

Champagne Market, By Grape Used:

  • Pinot Noir
  • Pinot Meuniere
  • Chardonnay

Champagne Market, By Product Type:

  • Prestige Cuvee
  • Blanc De Noirs
  • Blanc De Blancs
  • Rosé Champagne

Champagne Market, By Flavor:

  • Apple
  • Brut
  • Nutty
  • Vanilla
  • Others (Pear, Citrus, Cream, Strawberry, and Chocolate)

Champagne Market, By Distribution Channel:

  • Hypermarkets
  • Specialty Stores
  • Online Stores

Champagne Market, By Region:

      • North America
          • U.S.
          • Canada
      • Europe
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Global Champagne Market By Grape Key Players

The key players operating the Champagne Market includes, LVMH Moët Hennessy Louis Vuitton SE, LANSON-BCC, Compagnie Pour Le Haut Commerce, Nonancourt Family Trust, Pernod Ricard, Rémy Cointreau SA, Centre Vinicole Champagne Nicolas Feuillatte, Louis Roederer, Taittinger, and Europeenne de Participations Industrielles SAS.

Global Champagne Market By Grape Company Profile

  • LVMH Moët Hennessy Louis Vuitton SE *
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • LANSON-BCC
  • Compagnie Pour Le Haut Commerce
  • Nonancourt Family Trust
  • Pernod Ricard
  • Rémy Cointreau SA
  • Centre Vinicole Champagne Nicolas Feuillatte
  • Louis Roederer
  • Taittinger
  • Europeenne de Participations Industrielles SAS

“*” marked represents similar segmentation in other categories in the respective section

Recent Development:

  • In January 2023, Champagne Ayala launched an updated, Chardonnay dominant blend for its Brut Majeur, with a sleek new bottle design to match. Chardonnay's share in the Brut Majeur has increased from 45% to 55%; the other ingredients are now 30% Pinot Noir and 15% Meunier. More than 70 crus—50 of which are Chardonnay—from various terroirs in Champagne are now used in the blend, and reserve wine is being used to a greater extent (40%). As can be expected from Ayala, the dosage is extremely modest and never exceeds 6g/l. The La Perle bottle, introduced in 1995, served as inspiration for the new bottle form, which will be utilized for all three wines. The bottle's larger body was created to maximize lees contact and aid in the growth of the wine.
  • In August 2022, The Japanese rock star and leader of X JAPAN has announced a Champagne collaboration with Champagne Pommery. This is the first time Pommery has collaborated on a new label with a famous musician. The proposal was first discussed in 2019, the company claims, with the French fizz house and YOSHIKI having similar futuristic outlooks. Chardonnay, Pinot Noir, and Pinot Meunier are combined to make the Champagne, which is derived from 40 villages in the Montagne de Reims and Côte des Blancs. To produce his mix, YOSHIKI actively participated in the Champagne production process. The brand defines it as "delicate and rich, with freshness and elegance".

Global Champagne Market By Grape Table of Contents

Research Objective and Assumption

  • Preface
  • Research Objectives
  • Study Scope
  • Years Considered for the study
  • Assumptions
  • Abbreviations

Research Methodology

  • Research data
  • Primary Data
    • Primary Interviews
    • Primary Breakdown
    • Key data from Primary Sources
    • Key Thickness Insights
  • Secondary Data
    • Major Secondary Sources
    • Secondary Sources
  • Market Estimation
  • Top-Down Approach
    • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
  • Bottom-Up Approach
    • Approach for estimating market share by Bottom-up Analysis (Demand Side)
  • Market Breakdown and Data Triangulation
  • Research Assumptions

Market Preview

  • Executive Summary
  • Key Findings—Global Outlook for medical carts Strategies
    • Key Questions this Study will Answer
    • Market Snippet, By Grape Used
    • Market Snippet, By Product Type
    • Market Snippet, By Flavor
    • Market Snippet, By Distribution Channel
    • Market Snippet, By Region
  • Opportunity Map Analysis
  • Executive Summary—3 Big Predictions

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restrains
    • Market Opportunities
    • Market Trends
  • DR Impact Analysis
  • PEST Analysis
  • Porter’s Five Forces Analysis
  • Opportunity Orbit
  • Market Investment Feasibility Index
  • Macroeconomic Factor Analysis

Champagne Market, By Grape Used, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024 – 2034
    • Y-o-Y Growth Analysis (%), 2024 – 2034
    • Segment Trends
  • Pinot Noir
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
  • Pinot Meuniere
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
  • Chardonnay
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034

 

Market Segmentation, By Product Type, Forecast Period up to 10 Years, (US$ Bn)

  • Overview                                      
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024 – 2034
    • Y-o-Y Growth Analysis (%), 2024 – 2034
    • Segment Trends
  • Prestige Cuvee
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
  • Blanc De Noirs
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
  • Blanc De Blancs
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
  • Rose Champagne
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034

Market Segmentation, By Flavor, Forecast Period up to 10 Years, (US$ Bn)

  • Overview                                      
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024 – 2034
    • Y-o-Y Growth Analysis (%), 2024 – 2034
    • Segment Trends
  • Apple
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
  • Brut
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
  • Nutty
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
  • Vanilla
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
  • Others (Pear, Citrus, Cream, Strawberry, and Chocolate)
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034

Market Segmentation, By Distribution Channel, Forecast Period up to 10 Years, (US$ Bn)

  • Overview                                      
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024 – 2034
    • Y-o-Y Growth Analysis (%), 2024 – 2034
    • Segment Trends
  • Hypermarkets
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
  • Specialty Stores
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
  • Online Stores
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034

Global Market Segmentation, By Region, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024 – 2034
    • Y-o-Y Growth Analysis (%), 2024 – 2034
    • Regional Trends
  • North America
    • Market Size and Forecast (US$ Bn), By Grape Used, 2024 – 2034
    • Market Size and Forecast (US$ Bn), By Product Type, 2024 – 2034
    • Market Size and Forecast (US$ Bn), By Flavor, 2024 – 2034
    • Market Size and Forecast (US$ Bn), By Distribution Channel, 2024 – 2034
    • Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
      • U.S.
      • Canada
  • Europe
    • Market Size and Forecast (US$ Bn), By Grape Used, 2024 – 2034
    • Market Size and Forecast (US$ Bn), By Product Type, 2024 – 2034
    • Market Size and Forecast (US$ Bn), By Flavor, 2024 – 2034
    • Market Size and Forecast (US$ Bn), By Distribution Channel, 2024 – 2034
    • Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
      • UK
      • France
      • Germany
      • Russia
      • Italy
      • Rest of Europe
  • Asia Pacific
    • Market Size and Forecast (US$ Bn), By Grape Used, 2024 – 2034
    • Market Size and Forecast (US$ Bn), By Product Type, 2024 – 2034
    • Market Size and Forecast (US$ Bn), By Flavor, 2024 – 2034
    • Market Size and Forecast (US$ Bn), By Distribution Channel, 2024 – 2034
    • Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
      • India
      • Japan
      • South Korea
      • China
      • Rest of Asia Pacific
  • Latin America
    • Market Size and Forecast (US$ Bn), By Grape Used, 2024 – 2034
    • Market Size and Forecast (US$ Bn), By Product Type, 2024 – 2034
    • Market Size and Forecast (US$ Bn), By Flavor, 2024 – 2034
    • Market Size and Forecast (US$ Bn), By Distribution Channel, 2024 – 2034
    • Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
      • Brazil
      • Mexico
      • Rest of Latin America
  • Middle East & Africa
    • Market Size and Forecast (US$ Bn), By Grape Used, 2024 – 2034
    • Market Size and Forecast (US$ Bn), By Product Type, 2024 – 2034
    • Market Size and Forecast (US$ Bn), By Flavor, 2024 – 2034
    • Market Size and Forecast (US$ Bn), By Distribution Channel, 2024 – 2034
    • Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
      • GCC
      • Israel
      • South Africa
      • Rest of Middle East

Competitive Landscape

  • Heat Map Analysis
  • Market Presence and Specificity Analysis

Company Profiles

  • LVMH Moët Hennessy Louis Vuitton SE
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • LANSON-BCC
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Compagnie Pour Le Haut Commerce
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Nonancourt Family Trust
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Pernod Ricard
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Rémy Cointreau SA
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Centre Vinicole Champagne Nicolas Feuillatte
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Louis Roederer
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Taittinger
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Europeenne de Participations Industrielles SAS
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

The Champagne Market is segmented into Grape Used, Product Type, Flavor, Distribution Channel and Region.

Champagne Market is driven by factors like rising consumer preferences for premium products and increasing urbanization and westernization.

By region, the Champagne market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe is estimated to witness a significantly high revenue share over the forecast period.

The key players operating the Champagne Market includes, LVMH Moët Hennessy Louis Vuitton SE, LANSON-BCC, Compagnie Pour Le Haut Commerce, Nonancourt Family Trust, Pernod Ricard, Rémy Cointreau SA, Centre Vinicole Champagne Nicolas Feuillatte, Louis Roederer, Taittinger, and Europeenne de Participations Industrielles SAS.