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Pulished Date April, 2021
ID: 6330
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Champagne Market Analysis By Grape Used (Pinot Noir, Pinot Meuniere, And Chardonnay), By Type (Prestige Cuvee, Blanc De Noirs, Blanc De Blancs, and Rose Champagne), By Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores And Online Stores), By Flavor (Brut And Fruity Flavor), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa, and Rest of the World)- Global Industry Analysis, Size, Share, Growth, Trends, And Forecasts Report 2021 to 2026

Pulished: April, 2021
ID: 6330
Pages: 175

Champagne Market Size and Growth Rate Analysis:

Champagne Market size is anticipated to grow at XX% CAGR from 2019 to 2026 and it is estimated that the global market was valued at USD XX billion in 2019 and is expected to reach USD XX billion by 2026. 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. Champagne is also known as the sparkling wine and is strictly regulated by Comité Champagne of France.

The various wine-producing country produces sparkling wine similar to champagne, but any other wine which might resemble champagne cannot be sold or labeled as champagne. All champagnes are sparkling wine, but all sparkling wines are not champagne. Grapes that are grown according to the appellation rules are only allowed to make champagne.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2019 – 2026

Base Year

2019

Forecast Period

2021 - 2026

CAGR

x.x%

Segments Covered

By Grape Used, By Type, Distribution Channel, By Favor, and By Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

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, and Taittinger.

Recent Developments:

  1. In January 2019, Drake announced the launch of his new line of champagne called Mod Selection with the loyal Brent Hocking. This coveted champagne comes in elegant unique bottles embroidered with handcrafted golden brown decorations and implemented by the best champagne artisans. They will add a list of magnums and jeroboams, as well as unique, vintage and white wineries.
  2. In August 2015, Jascots Wine Merchants announced the launch of its new Rimbaud champagne brand. The champagne production for this product is limited to 40,000 bottles and is produced only with the free flower juice 'Tête de Cuvee' with an equivalent percentage of Chardonnay, Pinot Noir and Pinot Meunier. For its non-harvest, the Rimbaud is aged for at least 24 months plus another three-month rest period after bottling.
  3. The Campari Group is on its way to becoming the first Italian company to own a champagne brand. Announced last week, Campari has begun negotiations to acquire the French company Ficoma, to acquire 80% of the shares of Champagne Lallier, and other companies in the group, with a perspective of full ownership. Campari shares closed up 2.9% after the announcement, outperforming a 1.7% gain on Milan's FTMIB first-class index. Ficoma sold one million bottles of champagne in 2019, including 700,000 bottles of Lallier.
  4. LVMH's Moet Hennessy bought a 50% stake in Armand de Brignac, a Champagne producer owned by rapper Jay-Z, another sign of a close relationship between the luxury industry and hip-hop culture. The financial terms of Monday's transaction were not disclosed. Armand de Brignac sold more than half a million bottles in 2019, priced at $ 300 and up. The rap star has been investing in the brand since 2006 when he promoted the brand, known for its Ace of Spades logo on a metallic silver bottle, in a video for "Show Me What You Got." Jay-Z bought Brands' sovereign stake in the company in 2014.
  5. The Rémy Cointreau Group (Paris: RCO) announces that it has entered into exclusive negotiations with the Lhopital family to acquire a majority stake in the Champagne capital of Telmont. This family-run Champagne estate was founded in 1912 in Damery, near Epernay, on the slopes of the Marne Valley. It has been making champagnes under the "J. de Telmont" brand for more than a century.

Champagne Market Growth Factors:

The rising economic growth in developing economies has been a key factor driving the growth of the global champagne market in recent years. The growing acceptance for the consumption of alcohol in the cultural beliefs of consumers Is further aiding the market growth. Bars and lounge 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 have become increasingly popular among those who for social gathering.

The above-mentioned factors are resulting in increased penetration of the bars and lounge culture which in turn is boosting the growth of the champagne market. 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, and nutty, etc. has been leading to an increasing number of individuals consuming champagne.

Detailed Segmentation of the Global Champagne Market:

By Grape Used:

  • Pinot Noir
  • Pinot Meuniere
  • Chardonnay

Black pinot noir and Pinot Meunier are the primarily used grapes for champagne making but a few white Chardonnay grapes are also used. On the basis of type, the market is segmented into prestige Cuvee, Blanc de Noirs, Blanc de Blancs, and rosé champagne.

By Type:

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

By Distribution Channel:

  • Supermarkets/Hypermarkets
  • Specialty Stores
  • Online Stores

Supermarkets/hypermarkets are anticipated to hold a relatively high share in the champagne market. Online stores also have a significant contribution to the growth of the champagne market over the forecast period.

By Flavor

  • Brut
  • Fruity Flavor

Fruity flavor segment can further be segmented into apple, pear, citrus, strawberry, nutty, cream and 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 dry champagne and has a dry taste, with very low sugar levels.

Geographical Segmentation of the Market:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • The Middle East and Africa

Impact of covid-19 on Champagne Market

The COVID-19 scenario put an initial drag on the supply chain on both the raw material and final product side; however, as part of the associated snacks, the cake market eventually experienced an upward trend in demand, mainly in developing economies. The ease of foreclosure further prompted artisan cake makers to populate the market with new products, disrupting the brand category in a shorter period of time. In addition, this factor even led to product shortages on the counters, allowing manufacturers to embark on a capacity expansion.

Regional Presence:

The Market for Champagne has been categorized on the basis of geography to offer a clear understanding of the global market, the world Market for Champagne has been studied in four regions: North America, Asia Pacific, Europe, Latin America, and Middle East and Africa. Among all regions, the global Champagne Market is likely to generate the highest revenue in North America, thanks to the conventional importance of alcohol in ceremonies. Europe has taken the second maximum share of the world champagne market. This is attributed to the high champagne consumption per capita in most European countries, including France, Germany, Italy, and the United Kingdom.

The rapid pace of urbanization worldwide has resulted in increased demand for luxury goods and services, especially in developing economies such as China, Brazil, India, and other LAMEA and Asia-Pacific countries. Additionally, the consumption of champagne on special occasions is considered a status symbol, which should provide manufacturers with lucrative opportunities to distribute and sell their products. Latin American countries offer many expansion opportunities to the main players. Another factor driving the growth of this market is the growing acceptance of alcohol consumption in the cultural beliefs of consumers in Latin America.

The Middle East and Africa is one of the main emerging regions, which will generate significant opportunities in the market during the anticipated period due to the Increasing spending by hotels, airlines and other services to store different flavored champagne will drive market growth. The region is expected to experience moderate growth during the forecast period due to the above factors. Turkey is considered a crucial market in the Middle East and Africa.

Leading Key Companies covered in this market report are:

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, and Taittinger.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Grape Used                

                                5.1.1 Introduction           

                                5.1.2 Pinot Noir

                                5.1.3 Pinot Meuniere    

                                5.1.4 Chardonnay            

                                5.1.5  Y-o-Y Growth Analysis, By Grape Used      

                                5.1.6  Market Attractiveness Analysis, By Grape Used    

                                5.1.7  Market Share Analysis, By Grape Used      

                5.2 Type                              

                                5.2.1 Introduction           

                                5.2.2 Prestige Cuvee      

                                5.2.3  Blanc De Noirs      

                                5.2.4 Blanc De Blancs     

                                5.2.5  Rosé Champagne

                                5.2.6 Y-o-Y Growth Analysis, By Type     

                                5.2.7 Market Attractiveness Analysis, By Type   

                                5.2.8 Market Share Analysis, By Type     

                5.3 Distribution Channel                               

                                5.3.1 Introduction           

                                5.3.2 Supermarkets/Hypermarkets         

                                5.3.3 Specialty Stores    

                                5.3.4  Online Stores        

                                5.3.5 Y-o-Y Growth Analysis, By Distribution Channel      

                                5.3.6 Market Attractiveness Analysis, By Distribution Channel    

                                5.3.7 Market Share Analysis, By Distribution Channel      

                5.4 Flavor                            

                                5.4.1 Introduction           

                                5.4.2 Brut            

                                5.4.3 Fruity Flavor           

                                5.4.4 Y-o-Y Growth Analysis, By Flavor   

                                5.4.5 Market Attractiveness Analysis, By Flavor

                                5.4.6 Market Share Analysis, By Flavor   

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Grape Used

                                                6.1.3.3 By Type

                                                6.1.3.4 By Distribution Channel

                                                6.1.3.5 By Flavor

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Grape Used

                                                6.1.4.3 By Type

                                                6.1.4.4 By Distribution Channel

                                                6.1.4.5 By Flavor

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Grape Used

                                                6.1.5.3 By Type

                                                6.1.5.4 By Distribution Channel

                                                6.1.5.5 By Flavor

                6.2 North America                          

                                6.1.1 Introduction           

                                6.1.2 United States         

                                6.1.3 Canada     

                6.3 Europe                         

                                6.2.1 Introduction           

                                6.2.2 U.K             

                                6.2.3 Spain         

                                6.2.4 Germany 

                                6.2.5 Italy            

                                6.2.6 France       

                6.4 Asia-Pacific                 

                                6.3.1 Introduction           

                                6.3.2 China         

                                6.3.3 India          

                                6.3.4 Japan         

                                6.3.5 Australia   

                                6.3.6 South Korea           

                6.5 Latin America                             

                                6.4.1 Introduction           

                                6.4.2 Brazil          

                                6.4.3 Argentina

                                6.4.4 Mexico     

                                6.4.5 Rest of Latin America          

                6.6 Middle East & Africa                               

                                6.5.1 Introduction           

                                6.5.2 Middle-East            

                                6.5.3 Africa         

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8. Market Leaders' Analysis                                        

                8.1 Moët Hennessy                        

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 LANSON-BCC                             

                8.3 Vranken - Pommery Monopole                         

                8.4 Champagne Laurent-Perrier S.A.S.                   

                8.5 Pernod Ricard                            

                8.6 Rémy Cointreau                       

                8.7 Centre Vinicole Champagne Nicolas Feuillatte                            

                8.8 Martel                          

                8.9 Louis Roederer                         

                8.10  Taittinger.                                

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10. Market Outlook and Investment Opportunities                                         

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  • Global and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms Distribution Channel  with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Champagne  Market By Region, From 2021-2026 ( USD Billion )
  2. Global Champagne  Market By  Grape Used, From 2021-2026 ( USD Billion )
  3. Global Pinot Noir Market By Region, From 2021-2026 ( USD Billion )
  4. Global Pinot Meuniere Market By Region, From 2021-2026 ( USD Billion )
  5. Global  Chardonnay Market By Region, From 2021-2026 ( USD Billion )
  6. Global Champagne  Market By Type, From 2021-2026 ( USD Billion )
  7. Global Prestige Cuvee Market By Region, From 2021-2026 ( USD Billion )
  8. Global Blanc De Noirs Market By Region, From 2021-2026 ( USD Billion )
  9. Global Blanc De Blancs Market By Region, From 2021-2026 ( USD Billion )
  10. Global Rosé Champagne Market By Region, From 2021-2026 ( USD Billion )
  11. Global Champagne  Market By Distribution Channel, From 2021-2026 ( USD Billion )
  12. Global Supermarkets/Hypermarkets Market By Region, From 2021-2026 ( USD Billion )
  13. Global Specialty Stores  Market By Region, From 2021-2026 ( USD Billion )
  14. Global  Online Stores Market By Region, From 2021-2026 ( USD Billion )
  15. Global Champagne  Market By Flavor, From 2021-2026 ( USD Billion )
  16. Global Brut  Market By Region, From 2021-2026 ( USD Billion )
  17. Global  Fruity Flavor Market By Region, From 2021-2026 ( USD Billion )

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