(EMAILWIRE.COM, May 02, 2023 ) As per Maximize Market research, the Champagne Market was USD 6.05 Bn in 2022 and is expected to grow at a CAGR of 3.2 percent over the forecast period to reach USD 7.78 Bn by 2029.

Champagne Market Report Scope and Research Methodology

The report includes an in-depth region-wise and segment-wise analysis of the Champagne Market size and share. The data for the report is gathered by using both the research methodologies that are primary and secondary and the data collected through research was combined for accurate inference for the Champagne Market.

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Champagne Market Dynamics

The Champagne Market is driven by the rising popularity of champagne, increasing preference for low-calorie drinks among individuals and growing adoption of champagne during celebration festivals. The market growth is restrained by the high price of champagne and less availability of flavored champagne in small bottles.

Champagne Market Regional Insights

In 2022, Europe held the Champagne Market with the largest market share and is expected to grow at a significant CAGR for the market over the forecast period. The regional market is driven by the increasing prevalence of premiumization, increasing focus on health-friendly beverages and growing tourism.

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Champagne Market Segmentation

By Product
Prestige Cuvée
Blanc De Noirs
Blanc De Blancs
Rosé Champagne
Others

By Distribution Channel
Off-trade
On-trade

By Grade Type
Pinot Meunier
Pinot Noir
Chardonnay

Champagne Market Key Competitors include:

Moet & Chandon
Nicolas Feuillatte
Veuve Clicquot
Laurent Perrier
Dom Perignon
Mumm
Piper Heidsieck
Pommery
Taittinger
Louis Roederer
Perrier Jouet
Bollinger
Ruinart
Pol Roger
Lanson
Krug

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Maximize Market Research is leading Food & Beverages research firm, has also published the following reports:

Organic Wine Market- The market size is expected to reach USD 17 Bn by 2029 at a CAGR of 10.5 percent during the forecast period.

Beer Market- The Market size is expected to reach USD 1229.77 Bn by 2029 at a CAGR of 9.3 percent during the forecast period.

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