Asia Pacific Champagne Market

Asia Pacific Champagne Market Size (2024 to 2032)

As per our analysis report, the Asia Pacific Champagne Market is expected to reach USD 2.50 billion by 2032 from USD 1.60 billion in 2024, growing at a compound annual growth rate (CAGR) of 5.76% during the forecast period.

MARKET OVERVIEW

Champagne is a product produced from grapes that are grown in the Champagne region of France. The grapes that are used are very specific such as Pinot Noir, Pinot Meunier, and Chardonnay. These grapes are fermented to make wine that contains about 9% of alcohol by volume. All champagnes are sparkling wines, but all sparkling wines are not champagne. The rising economic growth in developing economies has been a key factor driving the growth of the Asia Pacific champagne market in recent years. The growing acceptance for consumption of alcohol in the cultural beliefs of consumers Is further aiding the market growth. Bars and lounges are those businesses which are specialized in selling a variety of alcoholic drinks that patrons can consume onsite in a social environment. More often than not, bars cater to an affluent clientele, offering expensive “premium” champagne. Many lounges also offer a wide variety of inexpensive flavored champagne, which has become increasingly popular among those who for social gatherings. The availability of a wide variety of flavored champagne is resulting in an increasing consumer base and this is expected to fuel market growth over the forecast period. The introduction of flavors such as candy, fruit, nutty, etc. has been leading to an increasing number of individuals consuming champagne.

This research report on the Asia Pacific Champagne market has been segmented and sub-segmented into the following categories.

Asia Pacific Champagne Market By Grape Used

• Pinot Noir

• Pinot Meunier

• Chardonnay

• Black pinot noir

• Pinot Meunier

Asia Pacific Champagne Market By Type

• prestige Cuvee

• Blanc de Noirs

• Blanc de Blancs

• rosé champagne

Asia Pacific Champagne Market By Distribution Channel

• supermarkets/hypermarkets

• specialty stores

• online stores

• Supermarkets/hypermarkets

Asia Pacific Champagne Market By Flavor

• apple

• pear

• citrus

• strawberry

• nutty

• cream

• vanilla

Nutty-flavored champagnes are the most common of the old-world champagnes. The most popular style of champagne today is the Brut. Brut Champagne is considered as dry champagne and has a dry taste, with very low sugar levels.

Asia Pacific Champagne Market By Country

• India

• China

• Japan

• Australia

• South Korea.

KEY MARKET PLAYERS

• Moët Hennessy USA
• LANSON-BCC
• Vranken - Pommery Monopole
• Champagne Laurent-Perrier S.A.S.
• Pernod Ricard
• Rémy Cointreau
• Centre Vinicole Champagne Nicolas Feuillatte
• Martel
• Louis Roederer
• Taittinger