Sparkling Wine Market Scope
The sparkling wine is a wine style characterized by effervescence in the wine owing to high levels of carbon dioxide (CO2). The CO2 in the wine can come from secondary fermentation in the bottle, from CO2 injection or in a pressurized tank. Each method of making sparkling wine determines the amount and the size of the bubbles as well as the taste of the wine. It is typically rose or white in the color and can range in sweetness, from very dry to sweet. Sparkling wine should not be confused with wines such as Proseco or Cava, Champagne, which are specific types of sparkling wine and are regulated by the region, grapes, and methods used to make the wine.
According to AMA, the Global Sparkling Wine market is expected to see growth rate of 2.1%
Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Sparkling Wine market throughout the predicted period.
Pernod Ricard (France), Treasury Wine Estates Ltd (Australia), Illinois Sparkling Co. (United States), Moet Hennessy USA (United States), California Champagnes (United States), Bronco Wine Co. (United States), Freixenet (Spain), The Sparkling Wine Co. (United Kingdom), Constellation Brands, Inc. (United States) and E. & J. Gallo Winery (United States) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Sparkling Wine market by Type (White, Rose and Red) and Region with country level break-up.
On the basis of geography, the market of Sparkling Wine has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
On 6 May 2019, Napa Valley-based House of Saka is vying to become the world’s first producer of sparkling cannabis wine. Through its Saka Wines subsidiary, the company is releasing a brand new range of cannabis-infused, alcohol-removed wines, which includes a sparkling brut rosé. and On 5 Sept. 2018, Sokol Blosser, one of Oregon’s original and most iconic wineries, has launched an exciting addition to its exceptional portfolio this fall: Bluebird Cuvée Sparkling Wine. Sokol Blosser has been making sparkling wines since 2011, when a Sparkling Rosé of Pinot Noir was introduced, and Bluebird Cuvée marks the winery’s fresh commitment to being a grand sparkling house.
On 4 Dec. 2018, Henkell & Co.’s Mionetto USA and Freixenet USA have announced the formation of Freixenet Mionetto USA as of January 2019, with company headquarters in White Plains, New York. The company will offer global and domestic expertise with an unparalleled portfolio of premium, iconic sparkling wine brands from renowned producers around the world. and On 6 Nov. 2018, House of Saka, Inc. announced the launch of Saka Wines, the world's first luxury line of cannabis-infused, alcohol-removed wines from Napa Valley. Saka's Sparkling Brut Rosé and still Rosé wines are blended with a proprietary formulation of tasteless, odorless water-soluble ratio of THC and CBD derived from organic craft cannabis and powered by cutting edge technology. The first infused beverages of their kind, Saka promises to deliver a truly elevated infused experience.
Market Trend
- A rise in Organic and Natural Wines
- Introduction of New Products, Especially Single-Serving Packaging
- Rise of Sparkling Rosé
Market Drivers
- Growing Disposable Income among the Population in Developed Countries
- Increasing Number of People Preferring Less Alcoholic & Non-Alcoholic Beverages
- Rise in Social Media Influence on the Younger Population Coupled with Social Parties
Opportunities
- Opportunities for Sparkling Wine from Russia, China, and Brazil, among Other Countries
Restraints
- Stringent and High Regulation and Taxation
Key Target Audience
Sparkling Wine Manufacturers, Sparkling Wine Raw Material Suppliers, Sparkling Wine Traders/Distributors, Sparkling Wine Importer/Exporter, Regulatory & Government Bodies, END User and Others