What is the estimated CAGR of the Champagne market between 2023 and 2032?

The Champagne market is estimated to register the highest CAGR of 6.2% between 2023 and 2032.

What was the value of the Champagne market in 2022?

The global Champagne market was valued at USD 7.2 billion in 2022.

What are the drivers of the Champagne market?

The drivers of the Champagne market include changing lifestyles, increasing popularity of vintage wines, expanding distribution channels, and the introduction of different flavors of champagne.

What is the dominant product segment in the Champagne market?

The Blanc de Blancs segment is the dominant product segment in the Champagne market, with the largest revenue share of 25% in 2022.

What are the trends in the Champagne market?

The trends in the Champagne market include high demand from the young generation, the competitive landscape of manufacturers, and the increasing popularity of cocktail culture.

Champagne Market Size, Share

Global Champagne Market By Product (Prestige Cuvee, Blanc De Noirs, Blanc De Blancs, Rose Champagne, Brut Champagne, Demi-Sec), By Distribution Channel (On-Trade and Off-Trade), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends, and Forecast 2023-2032

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