Champagne is alcoholic beverage made using fermentation process. Champagne originally comes from champagne region that is situated in north of France. Champagne is made using grapes that comes from this region. Pinot meunier, chardonny and pinot noir are type of grapes which are used for making champagne. Champagne increases memory, lowers the risk of heart disease and diabetes, and improves skin health.
Increasing adoption of champagne in festive celebrations and increasing number of recreational clubs globally are factors driving growth of the global champagne market. Adverse effects on health owing to over-consumption of champagne may hamper growth of the target market.
The global champagne market report has been segmented on the basis of grape used, product type, flavor, distribution channel, and region. On the basis of grape used, the market is segmented into pinot noir, pinot meuniere, and chardonnay. On the basis of product type, the market is segmented into prestige cuvee, blanc de noirs, blanc de blancs, and rosé champagne. On the basis of flavor, the market is segmented into apple, brut, nutty, vanilla, and others. Brut segment is expected to dominate the global market in terms of revenue over the forecast period, owing to its low sugar level content. On the basis of distribution channel, the market is segmented into supermarkets and hypermarkets, specialty stores, and online stores. Online segment dominates the global market in terms of revenue and expected to hold its position over the forecast period, owing to increasing number of online stores and rising popularity for online shopping.
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Based on the region the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in Europe is expected to dominate the global market in terms of revenue over the forecast period, owing to large number of local wine production companies in this region. The market in North America is expected to register second-highest share in terms of revenue, owing to increasing consumption of champagne during festive events.
Key players operating in the global champagne market include Moët Hennessy USA, Inc., Lanson-BCC, Vranken-Pommery Monopole SA, Champagne Laurent-Perrier S.A.S., Pernod Ricard SA, Rémy Cointreau SA, Centre Vinicole Champagne Nicolas Feuillatte, Martel AG St. Gallen, Louis Roederer S.A. and Taittinger SA.