Sparkling Wine Market 2016-2020 Global Outlook Report

RnRMarketResearch.com adds Global Sparkling Wine Market 2016-2020 a new research reports in its store.

The market research analyst forecasts the global sparkling wine market to grow at a moderate CAGR of more than 2% until the end of 2020. The rise in wine consumption, especially during the festive season, is driving the sparkling wine market globally. For instance, while Waitrose supermarket reported a staggering 188 % increase over 2014 in the sale of English sparkling wine, the sales of Chapel Down English Sparkling Brut and Rosé increased by 300% in Marks & Spencer for the same period. Also, the increasing demand for some of the finest brands of wine is impelling the prospects of growth. For instance, Piper-Heidsieck is one of the premium brands of sparkling wine associated with numerous prestigious events worldwide. This brand has been the official champagne for the Cannes Film Festival for past two decades and has sponsored the Oscars over the last few years. As a result, the rising consumption of wine during special occasions and festive season will positively affect the market for sparkling wine during the forecast period.

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Factors like increasing popularity of wine in APAC and other developing markets will aid the prospects for market growth during the forecast period. Rising disposable income coupled and rapid adoption of western traditions has propelled the growth of the sparkling wine market in APAC and other developing countries like Brazil, South Africa, and Mexico. This recent increase in the consumption of sparkling wine during weddings and parties in this region is expected to drive the market during the forecast period.

Segmentation by distribution and analysis of the sparkling wine market

Supermarkets and hypermarkets

On-trade

Specialist retailers

Convenience stores

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