Sparkling Wines Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032

  • Report ID: ME_0024353
  • Format: Electronic (PDF)
  • Publish Type: Publish
  • Number of Pages: 250
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Market Snapshot

CAGR:6.94
2023
2032

Source: Market Expertz

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Study Period 2019-2032
Base Year 2023
Forcast Year 2023-2032
CAGR 6.94
Foods & Beverage-companies
Foods & Beverage-Snapshot

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Report Overview

The Sparkling Wines Market size is projected to grow at a CAGR of 5.82% between 2022 and 2032. The market size is expected to increase by USD 12,765.32 million. The growth of the market is driven by factors such as changing consumer preferences, rising demand for celebratory and premium beverages, and the influence of social media on lifestyle trends. Sparkling wines, known for their effervescence and elegance, are increasingly becoming a choice for various occasions and celebrations.

Sparkling Wines Market Overview

Drivers

The growing inclination towards premium and luxury experiences is a significant driver of the Sparkling Wines market. Consumers are seeking high-quality and prestigious options for celebrating special moments and events. Sparkling wines, particularly Champagne, are often associated with luxury and celebrations, making them a preferred choice for commemorating milestones.

Moreover, the influence of social media platforms in shaping lifestyle trends has led to an increase in the visibility of sparkling wines as status symbols and aspirational products. Sharing experiences on social media has contributed to the popularity of sparkling wines as a statement of style and sophistication.

Trends

 Innovation in sparkling wine flavors and styles is a prominent trend in the market. Manufacturers are introducing a variety of options beyond traditional sparkling wines, such as flavored sparkling wines and innovative packaging. This trend caters to consumers seeking unique and adventurous experiences while enjoying their beverages.

Additionally, the rise of eco-consciousness and sustainability is influencing the packaging and production practices of sparkling wines. Many consumers are looking for environmentally friendly options, leading to the adoption of sustainable practices in vineyards and winemaking processes.

Restraints:

Regulatory challenges and competition from other alcoholic beverages pose potential restraints for the Sparkling Wines market. Regulations related to the labeling, production methods, and geographical indications of sparkling wines can vary across regions, impacting international trade and consumer understanding.

Furthermore, competition from other alcoholic beverages like craft beers and cocktails can divert consumer preferences from sparkling wines, especially among younger generations seeking novel and diverse drinking experiences.

Sparkling Wines Market Segmentation By Type

 Champagne, Prosecco, Cava, and other varieties constitute the primary segments in the market. Champagne, known for its association with luxury and elegance, is a popular choice for celebrations and special occasions. Prosecco, with its lighter and fruitier profile, appeals to consumers seeking a more casual and approachable sparkling wine option. Cava, often considered a value alternative to Champagne, is gaining traction for its affordability and quality.

Sparkling Wines Market Segmentation By Distribution Channel

Supermarkets & hypermarkets, specialty stores, online retail, and other distribution channels contribute to consumers' access to sparkling wines. Supermarkets and hypermarkets offer convenience and variety, while specialty stores cater to consumers seeking curated selections of premium and rare sparkling wines. Online retail provides accessibility and convenience, allowing consumers to explore and purchase a wide range of sparkling wine options.

Regional Overview:

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Europe is expected to lead the global Sparkling Wines market during the forecast period. The region's historical connection to sparkling wine production, particularly Champagne in France, positions it as a key player in the market. Additionally, the culture of wine consumption and celebration in European countries supports the demand for sparkling wines.

North America is also projected to experience significant growth, driven by evolving consumer preferences and the integration of sparkling wines into various occasions, from weddings to casual gatherings.

Sparkling Wines Market Customer Landscape

The Sparkling Wines market industry report delves into consumer preferences, occasions for consumption, and the role of sparkling wines in social interactions. Understanding consumer motivations and behaviors can inform marketing strategies and product positioning.

Major Sparkling Wines Market Companies

 Companies in the Sparkling Wines market implement strategies such as brand collaborations, limited-edition releases, and sustainable practices to enhance their market presence.

Key companies in the market include:

  • Moët Hennessy
  • Freixenet Mionetto
  • Pernod Ricard
  • Treasury Wine Estates
  • Constellation Brands
  • E & J Gallo Winery
  • LVMH Group
  • The Wine Group
  • Accolade Wines
  • La Marca Prosecco

The competitive landscape analysis provides insights into the market positioning, strategies, and strengths of key players, helping businesses make informed decisions.

Segment Overview

The Sparkling Wines market report provides revenue forecasts at the global, regional, and country levels, along with an analysis of trends and growth opportunities from 2023 to 2032.

  • Type Outlook (USD Million, 2023 - 2032)
    • Champagne
    • Prosecco
    • Cava
    • Others
  • Distribution Channel Outlook (USD Million, 2023 - 2032)
    • Supermarkets & Hypermarkets
    • Specialty Stores
    • Online Retail
    • Others
  • Geography Outlook (USD Million, 2023 - 2032)
    • North America
      • The U.S.
      • Canada
    • Europe
      • France
      • Italy
      • Spain
      • Rest of Europe
    • APAC
      • China
      • Japan
      • Australia
    • Latin America
      • Brazil
      • Mexico
    • Middle East & Africa
      • South Africa
      • Rest of Middle East & Africa

Table of Contents

Global Sparkling Wines Market Professional Survey Report 2017
1 Industry Overview of Sparkling Wines
1.1 Definition and Specifications of Sparkling Wines
1.1.1 Definition of Sparkling Wines
1.1.2 Specifications of Sparkling Wines
1.2 Classification of Sparkling Wines
1.2.1 Champagne
1.2.2 Cremant
1.2.3 Prosecco
1.2.4 Cava
1.2.5 Other
1.3 Applications of Sparkling Wines
1.3.1 Daily Diet
1.3.2 Get-Together
1.3.3 Other
1.4 Market Segment by Regions
1.4.1 North America
1.4.2 China
1.4.3 Europe
1.4.4 Southeast Asia
1.4.5 Japan
1.4.6 India

2 Manufacturing Cost Structure Analysis of Sparkling Wines
2.1 Raw Material and Suppliers
2.2 Manufacturing Cost Structure Analysis of Sparkling Wines
2.3 Manufacturing Process Analysis of Sparkling Wines
2.4 Industry Chain Structure of Sparkling Wines

3 Technical Data and Manufacturing Plants Analysis of Sparkling Wines
3.1 Capacity and Commercial Production Date of Global Sparkling Wines Major Manufacturers in 2016
3.2 Manufacturing Plants Distribution of Global Sparkling Wines Major Manufacturers in 2016
3.3 R&D Status and Technology Source of Global Sparkling Wines Major Manufacturers in 2016
3.4 Raw Materials Sources Analysis of Global Sparkling Wines Major Manufacturers in 2016

4 Global Sparkling Wines Overall Market Overview
4.1 2012-2017E Overall Market Analysis
4.2 Capacity Analysis
4.2.1 2012-2017E Global Sparkling Wines Capacity and Growth Rate Analysis
4.2.2 2016 Sparkling Wines Capacity Analysis (Company Segment)
4.3 Sales Analysis
4.3.1 2012-2017E Global Sparkling Wines Sales and Growth Rate Analysis
4.3.2 2016 Sparkling Wines Sales Analysis (Company Segment)
4.4 Sales Price Analysis
4.4.1 2012-2017E Global Sparkling Wines Sales Price
4.4.2 2016 Sparkling Wines Sales Price Analysis (Company Segment)

5 Sparkling Wines Regional Market Analysis
5.1 North America Sparkling Wines Market Analysis
5.1.1 North America Sparkling Wines Market Overview
5.1.2 North America 2012-2017E Sparkling Wines Local Supply, Import, Export, Local Consumption Analysis
5.1.3 North America 2012-2017E Sparkling Wines Sales Price Analysis
5.1.4 North America 2016 Sparkling Wines Market Share Analysis
5.2 China Sparkling Wines Market Analysis
5.2.1 China Sparkling Wines Market Overview
5.2.2 China 2012-2017E Sparkling Wines Local Supply, Import, Export, Local Consumption Analysis
5.2.3 China 2012-2017E Sparkling Wines Sales Price Analysis
5.2.4 China 2016 Sparkling Wines Market Share Analysis
5.3 Europe Sparkling Wines Market Analysis
5.3.1 Europe Sparkling Wines Market Overview
5.3.2 Europe 2012-2017E Sparkling Wines Local Supply, Import, Export, Local Consumption Analysis
5.3.3 Europe 2012-2017E Sparkling Wines Sales Price Analysis
5.3.4 Europe 2016 Sparkling Wines Market Share Analysis
5.4 Southeast Asia Sparkling Wines Market Analysis
5.4.1 Southeast Asia Sparkling Wines Market Overview
5.4.2 Southeast Asia 2012-2017E Sparkling Wines Local Supply, Import, Export, Local Consumption Analysis
5.4.3 Southeast Asia 2012-2017E Sparkling Wines Sales Price Analysis
5.4.4 Southeast Asia 2016 Sparkling Wines Market Share Analysis
5.5 Japan Sparkling Wines Market Analysis
5.5.1 Japan Sparkling Wines Market Overview
5.5.2 Japan 2012-2017E Sparkling Wines Local Supply, Import, Export, Local Consumption Analysis
5.5.3 Japan 2012-2017E Sparkling Wines Sales Price Analysis
5.5.4 Japan 2016 Sparkling Wines Market Share Analysis
5.6 India Sparkling Wines Market Analysis
5.6.1 India Sparkling Wines Market Overview
5.6.2 India 2012-2017E Sparkling Wines Local Supply, Import, Export, Local Consumption Analysis
5.6.3 India 2012-2017E Sparkling Wines Sales Price Analysis
5.6.4 India 2016 Sparkling Wines Market Share Analysis

6 Global 2012-2017E Sparkling Wines Segment Market Analysis (by Type)
6.1 Global 2012-2017E Sparkling Wines Sales by Type
6.2 Different Types of Sparkling Wines Product Interview Price Analysis
6.3 Different Types of Sparkling Wines Product Driving Factors Analysis
6.3.1 Champagne of Sparkling Wines Growth Driving Factor Analysis
6.3.2 Cremant of Sparkling Wines Growth Driving Factor Analysis
6.3.3 Prosecco of Sparkling Wines Growth Driving Factor Analysis
6.3.4 Cava of Sparkling Wines Growth Driving Factor Analysis
6.3.5 Other of Sparkling Wines Growth Driving Factor Analysis

7 Global 2012-2017E Sparkling Wines Segment Market Analysis (by Application)
7.1 Global 2012-2017E Sparkling Wines Consumption by Application
7.2 Different Application of Sparkling Wines Product Interview Price Analysis
7.3 Different Application of Sparkling Wines Product Driving Factors Analysis
7.3.1 Daily Diet of Sparkling Wines Growth Driving Factor Analysis
7.3.2 Get-Together of Sparkling Wines Growth Driving Factor Analysis
7.3.3 Other of Sparkling Wines Growth Driving Factor Analysis

8 Major Manufacturers Analysis of Sparkling Wines
8.1 Domaine Chandon
8.1.1 Company Profile
8.1.2 Product Picture and Specifications
8.1.2.1 Product A
8.1.2.2 Product B
8.1.3 Domaine Chandon 2016 Sparkling Wines Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.1.4 Domaine Chandon 2016 Sparkling Wines Business Region Distribution Analysis
8.2 Comte de Gascogne Brut
8.2.1 Company Profile
8.2.2 Product Picture and Specifications
8.2.2.1 Product A
8.2.2.2 Product B
8.2.3 Comte de Gascogne Brut 2016 Sparkling Wines Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.2.4 Comte de Gascogne Brut 2016 Sparkling Wines Business Region Distribution Analysis
8.3 Gruet
8.3.1 Company Profile
8.3.2 Product Picture and Specifications
8.3.2.1 Product A
8.3.2.2 Product B
8.3.3 Gruet 2016 Sparkling Wines Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.3.4 Gruet 2016 Sparkling Wines Business Region Distribution Analysis
8.4 Peconic Bay
8.4.1 Company Profile
8.4.2 Product Picture and Specifications
8.4.2.1 Product A
8.4.2.2 Product B
8.4.3 Peconic Bay 2016 Sparkling Wines Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.4.4 Peconic Bay 2016 Sparkling Wines Business Region Distribution Analysis
8.5 Domaine Ste. Michelle
8.5.1 Company Profile
8.5.2 Product Picture and Specifications
8.5.2.1 Product A
8.5.2.2 Product B
8.5.3 Domaine Ste. Michelle 2016 Sparkling Wines Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.5.4 Domaine Ste. Michelle 2016 Sparkling Wines Business Region Distribution Analysis
8.6 Francois Mikulski
8.6.1 Company Profile
8.6.2 Product Picture and Specifications
8.6.2.1 Product A
8.6.2.2 Product B
8.6.3 Francois Mikulski 2016 Sparkling Wines Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.6.4 Francois Mikulski 2016 Sparkling Wines Business Region Distribution Analysis
8.7 Valdo
8.7.1 Company Profile
8.7.2 Product Picture and Specifications
8.7.2.1 Product A
8.7.2.2 Product B
8.7.3 Valdo 2016 Sparkling Wines Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.7.4 Valdo 2016 Sparkling Wines Business Region Distribution Analysis
8.8 Nicolas Feuillatte
8.8.1 Company Profile
8.8.2 Product Picture and Specifications
8.8.2.1 Product A
8.8.2.2 Product B
8.8.3 Nicolas Feuillatte 2016 Sparkling Wines Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.8.4 Nicolas Feuillatte 2016 Sparkling Wines Business Region Distribution Analysis
8.9 LaurentPerrier
8.9.1 Company Profile
8.9.2 Product Picture and Specifications
8.9.2.1 Product A
8.9.2.2 Product B
8.9.3 LaurentPerrier 2016 Sparkling Wines Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.9.4 LaurentPerrier 2016 Sparkling Wines Business Region Distribution Analysis
8.10 Louis Roederer
8.10.1 Company Profile
8.10.2 Product Picture and Specifications
8.10.2.1 Product A
8.10.2.2 Product B
8.10.3 Louis Roederer 2016 Sparkling Wines Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.10.4 Louis Roederer 2016 Sparkling Wines Business Region Distribution Analysis

9 Development Trend of Analysis of Sparkling Wines Market
9.1 Global Sparkling Wines Market Trend Analysis
9.1.1 Global 2017-2022 Sparkling Wines Market Size (Volume and Value) Forecast
9.1.2 Global 2017-2022 Sparkling Wines Sales Price Forecast
9.2 Sparkling Wines Regional Market Trend
9.2.1 North America 2017-2022 Sparkling Wines Consumption Forecast
9.2.2 China 2017-2022 Sparkling Wines Consumption Forecast
9.2.3 Europe 2017-2022 Sparkling Wines Consumption Forecast
9.2.4 Southeast Asia 2017-2022 Sparkling Wines Consumption Forecast
9.2.5 Japan 2017-2022 Sparkling Wines Consumption Forecast
9.2.6 India 2017-2022 Sparkling Wines Consumption Forecast
9.3 Sparkling Wines Market Trend (Product Type)
9.4 Sparkling Wines Market Trend (Application)

10 Sparkling Wines Marketing Type Analysis
10.1 Sparkling Wines Regional Marketing Type Analysis
10.2 Sparkling Wines International Trade Type Analysis
10.3 Traders or Distributors with Contact Information of Sparkling Wines by Region
10.4 Sparkling Wines Supply Chain Analysis

11 Consumers Analysis of Sparkling Wines
11.1 Consumer 1 Analysis
11.2 Consumer 2 Analysis
11.3 Consumer 3 Analysis
11.4 Consumer 4 Analysis

12 Conclusion of the Global Sparkling Wines Market Professional Survey Report 2017
Methodology
Analyst Introduction
Data Source




List of Tables and Figures
Figure Picture of Sparkling Wines
Table Product Specifications of Sparkling Wines
Table Classification of Sparkling Wines
Figure Global Production Market Share of Sparkling Wines by Type in 2016
Figure Champagne Picture
Table Major Manufacturers of Champagne
Figure Cremant Picture
Table Major Manufacturers of Cremant
Figure Prosecco Picture
Table Major Manufacturers of Prosecco
Figure Cava Picture
Table Major Manufacturers of Cava
Figure Other Picture
Table Major Manufacturers of Other
Table Applications of Sparkling Wines
Figure Global Consumption Volume Market Share of Sparkling Wines by Application in 2016
Figure Daily Diet Examples
Table Major Consumers in Daily Diet
Figure Get-Together Examples
Table Major Consumers in Get-Together
Figure Other Examples
Table Major Consumers in Other
Figure Market Share of Sparkling Wines by Regions
Figure North America Sparkling Wines Market Size (Million USD) (2012-2022)
Figure China Sparkling Wines Market Size (Million USD) (2012-2022)
Figure Europe Sparkling Wines Market Size (Million USD) (2012-2022)
Figure Southeast Asia Sparkling Wines Market Size (Million USD) (2012-2022)
Figure Japan Sparkling Wines Market Size (Million USD) (2012-2022)
Figure India Sparkling Wines Market Size (Million USD) (2012-2022)
Table Sparkling Wines Raw Material and Suppliers
Table Manufacturing Cost Structure Analysis of Sparkling Wines in 2016
Figure Manufacturing Process Analysis of Sparkling Wines
Figure Industry Chain Structure of Sparkling Wines
Table Capacity and Commercial Production Date of Global Sparkling Wines Major Manufacturers in 2016
Table Manufacturing Plants Distribution of Global Sparkling Wines Major Manufacturers in 2016
Table R&D Status and Technology Source of Global Sparkling Wines Major Manufacturers in 2016
Table Raw Materials Sources Analysis of Global Sparkling Wines Major Manufacturers in 2016
Table Global Capacity, Sales , Price, Cost, Sales Revenue (M USD) and Gross Margin of Sparkling Wines 2012-2017
Figure Global 2012-2017E Sparkling Wines Market Size (Volume) and Growth Rate
Figure Global 2012-2017E Sparkling Wines Market Size (Value) and Growth Rate
Table 2012-2017E Global Sparkling Wines Capacity and Growth Rate
Table 2016 Global Sparkling Wines Capacity (K MT) List (Company Segment)
Table 2012-2017E Global Sparkling Wines Sales (K MT) and Growth Rate
Table 2016 Global Sparkling Wines Sales (K MT) List (Company Segment)
Table 2012-2017E Global Sparkling Wines Sales Price (USD/MT)
Table 2016 Global Sparkling Wines Sales Price (USD/MT) List (Company Segment)
Figure North America Capacity Overview
Table North America Supply, Import, Export and Consumption (K MT) of Sparkling Wines 2012-2017E
Figure North America 2012-2017E Sparkling Wines Sales Price (USD/MT)
Figure North America 2016 Sparkling Wines Sales Market Share
Figure China Capacity Overview
Table China Supply, Import, Export and Consumption (K MT) of Sparkling Wines 2012-2017E
Figure China 2012-2017E Sparkling Wines Sales Price (USD/MT)
Figure China 2016 Sparkling Wines Sales Market Share
Figure Europe Capacity Overview
Table Europe Supply, Import, Export and Consumption (K MT) of Sparkling Wines 2012-2017E
Figure Europe 2012-2017E Sparkling Wines Sales Price (USD/MT)
Figure Europe 2016 Sparkling Wines Sales Market Share
Figure Southeast Asia Capacity Overview
Table Southeast Asia Supply, Import, Export and Consumption (K MT) of Sparkling Wines 2012-2017E
Figure Southeast Asia 2012-2017E Sparkling Wines Sales Price (USD/MT)
Figure Southeast Asia 2016 Sparkling Wines Sales Market Share
Figure Japan Capacity Overview
Table Japan Supply, Import, Export and Consumption (K MT) of Sparkling Wines 2012-2017E
Figure Japan 2012-2017E Sparkling Wines Sales Price (USD/MT)
Figure Japan 2016 Sparkling Wines Sales Market Share
Figure India Capacity Overview
Table India Supply, Import, Export and Consumption (K MT) of Sparkling Wines 2012-2017E
Figure India 2012-2017E Sparkling Wines Sales Price (USD/MT)
Figure India 2016 Sparkling Wines Sales Market Share
Table Global 2012-2017E Sparkling Wines Sales (K MT) by Type
Table Different Types Sparkling Wines Product Interview Price
Table Global 2012-2017E Sparkling Wines Sales (K MT) by Application
Table Different Application Sparkling Wines Product Interview Price
Table Domaine Chandon Information List
Table Product A Overview
Table Product B Overview
Table 2016 Domaine Chandon Sparkling Wines Revenue (Million USD), Sales (K MT), Ex-factory Price (USD/MT)
Figure 2016 Domaine Chandon Sparkling Wines Business Region Distribution
Table Comte de Gascogne Brut Information List
Table Product A Overview
Table Product B Overview
Table 2016 Comte de Gascogne Brut Sparkling Wines Revenue (Million USD), Sales (K MT), Ex-factory Price (USD/MT)
Figure 2016 Comte de Gascogne Brut Sparkling Wines Business Region Distribution
Table Gruet Information List
Table Product A Overview
Table Product B Overview
Table 2015 Gruet Sparkling Wines Revenue (Million USD), Sales (K MT), Ex-factory Price (USD/MT)
Figure 2016 Gruet Sparkling Wines Business Region Distribution
Table Peconic Bay Information List
Table Product A Overview
Table Product B Overview
Table 2016 Peconic Bay Sparkling Wines Revenue (Million USD), Sales (K MT), Ex-factory Price (USD/MT)
Figure 2016 Peconic Bay Sparkling Wines Business Region Distribution
Table Domaine Ste. Michelle Information List
Table Product A Overview
Table Product B Overview
Table 2016 Domaine Ste. Michelle Sparkling Wines Revenue (Million USD), Sales (K MT), Ex-factory Price (USD/MT)
Figure 2016 Domaine Ste. Michelle Sparkling Wines Business Region Distribution
Table Francois Mikulski Information List
Table Product A Overview
Table Product B Overview
Table 2016 Francois Mikulski Sparkling Wines Revenue (Million USD), Sales (K MT), Ex-factory Price (USD/MT)
Figure 2016 Francois Mikulski Sparkling Wines Business Region Distribution
Table Valdo Information List
Table Product A Overview
Table Product B Overview
Table 2016 Valdo Sparkling Wines Revenue (Million USD), Sales (K MT), Ex-factory Price (USD/MT)
Figure 2016 Valdo Sparkling Wines Business Region Distribution
Table Nicolas Feuillatte Information List
Table Product A Overview
Table Product B Overview
Table 2016 Nicolas Feuillatte Sparkling Wines Revenue (Million USD), Sales (K MT), Ex-factory Price (USD/MT)
Figure 2016 Nicolas Feuillatte Sparkling Wines Business Region Distribution
Table LaurentPerrier Information List
Table Product A Overview
Table Product B Overview
Table 2016 LaurentPerrier Sparkling Wines Revenue (Million USD), Sales (K MT), Ex-factory Price (USD/MT)
Figure 2016 LaurentPerrier Sparkling Wines Business Region Distribution
Table Louis Roederer Information List
Table Product A Overview
Table Product B Overview
Table 2016 Louis Roederer Sparkling Wines Revenue (Million USD), Sales (K MT), Ex-factory Price (USD/MT)
Figure 2016 Louis Roederer Sparkling Wines Business Region Distribution
Figure Global 2017-2022 Sparkling Wines Market Size (K MT) and Growth Rate Forecast
Figure Global 2017-2022 Sparkling Wines Market Size (Million USD) and Growth Rate Forecast
Figure Global 2017-2022 Sparkling Wines Sales Price (USD/MT) Forecast
Figure North America 2017-2022 Sparkling Wines Consumption Volume (K MT) and Growth Rate Forecast
Figure China 2017-2022 Sparkling Wines Consumption Volume (K MT) and Growth Rate Forecast
Figure Europe 2017-2022 Sparkling Wines Consumption Volume (K MT) and Growth Rate Forecast
Figure Southeast Asia 2017-2022 Sparkling Wines Consumption Volume (K MT) and Growth Rate Forecast
Figure Japan 2017-2022 Sparkling Wines Consumption Volume (K MT) and Growth Rate Forecast
Figure India 2017-2022 Sparkling Wines Consumption Volume (K MT) and Growth Rate Forecast
Table Global Sales Volume (K MT) of Sparkling Wines by Type 2017-2022
Table Global Consumption Volume (K MT) of Sparkling Wines by Application 2017-2022
Table Traders or Distributors with Contact Information of Sparkling Wines by Region

RESEARCH METHODOLOGY

A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.

Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.

Now let’s take a closer look at the research methods here.

Secondary Research Model

Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.

Primary Insights

Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.

However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.

Market Estimation

The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.

Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.

Final Presentation

The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.

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