United States Champagne Market Overview 2023-2028
Champagne is a sparkling wine recognized for its effervescence with bubbles created by secondary fermentation in the bottle. It is produced using Chardonnay, Pinot Noir, and Pinot Meunier grapes and through a specific winemaking method. Its taste profile includes flavors of citrus, white peach, almonds, and toasty and brioche notes. It offers versatility and can be paired with various dishes, enhancing the culinary experience. It is commonly served at weddings, anniversaries, and other festive events. Its moderate consumption helps improve blood vessel function, enhance blood flow, and minimize the risk of clotting. Besides this, as it contains antioxidants like resveratrol, which helps safeguard cells from damage and reduce inflammation, the demand for champagne is increasing across the United States.
The United States champagne market is expected to exhibit a growth rate (CAGR) of 4.90% during 2023-2028. The increasing demand for premium quality champagne products, changing consumer preferences, rising disposable income, the growing popularity of social media platforms, and widespread adoption of champagne in anniversaries, events, and birthdays represent some of the key factors driving the market.
United States Champagne Market Trends and Drivers:
The high-income level of individuals represents one of the key factors catalyzing the demand for champagne in the United States. Additionally, the rise in the tourism industry and the expansion of hotels, bars, restaurants, pubs, and cafes in the United States are positively influencing the market. Apart from this, the growing trend towards sustainable and environmentally responsible consumption is encouraging manufacturers to introduce champagne with natural and organic products. Furthermore, the increasing availability of alcoholic drinks across online distribution channels with home delivery services is favoring market growth.
The report segmented the market on the basis of region, product, price, and distribution channel.
Breakup by Product:
- Prestige Cuvée
- Blanc De Noirs
- Blanc De Blancs
- Rosé Champagne
- Others
Breakup by Price:
- Economy
- Mid-Range
- Luxury
Breakup by Distribution Channel:
- Supermarket and Hypermarket
- Specialty Stores
- Online Stores
Regional Insights:
- Northeast
- Midwest
- South
- West
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023- 2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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