Sparkling Wine Market Size, Share and Forecast 2026-2034

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Market Overview:

According to IMARC Group's latest research publication, "Sparkling Wine Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2026-2034", The global sparkling wine market size was valued at USD 43.89 Billion in 2025. Looking forward, IMARC Group estimates the market to reach USD 72.71 Billion by 2034, exhibiting a CAGR of 5.28% from 2026-2034.

This detailed analysis primarily encompasses industry size, business trends, market share, key growth factors, and regional forecasts. The report offers a comprehensive overview and integrates research findings, market assessments, and data from different sources. It also includes pivotal market dynamics like drivers and challenges, while also highlighting growth opportunities, financial insights, technological improvements, emerging trends, and innovations. Besides this, the report provides regional market evaluation, along with a competitive landscape analysis.

How Premiumization and Innovation Are Reshaping the Sparkling Wine Market

  • Red sparkling wine holds 52% of the type segment, with varieties like Lambrusco, sparkling Shiraz, and Brachetto gaining traction across European and Asia-Pacific markets for their versatility in food pairing and suitability for both formal and casual occasions.
  • Prosecco leads the product category with a 33% market share, driven by its approachable flavor profile, competitive pricing, and expanding use as a cocktail base in beverages like Aperol Spritz and Bellini, making it popular across a wide range of demographics.
  • Economy sparkling wine dominates the price point segment with a 44% share, supported by large retail distribution networks, high-volume production, and strong consumer preference for affordable yet consistent-quality products.
  • Supermarkets and hypermarkets represent the top sales channel with a 43% market share, offering wide product assortments across price points and brands backed by in-store merchandising, promotional pricing, and seasonal campaigns.
  • In February 2026, supermodel and entrepreneur Ashley Graham launched "Lucci," a modern Lambrusco sparkling red wine made in Italy and distributed nationwide across major U.S. retailers, highlighting renewed commercial interest in red sparkling wine styles.

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Key Trends in the Sparkling Wine Market

  • Premiumization Driving Consumer Preferences: The sparkling wine industry is experiencing a significant shift toward higher-quality products with distinctive flavor profiles and artisanal production methods. This trend is evident in growing demand for estate-produced sparkling wines that emphasize terroir-specific characteristics and traditional production techniques. In December 2025, the historic Mumm Napa sparkling wine house in California was acquired by Trinchero Family Wine and Spirits, demonstrating strong investor interest in high-end domestic sparkling wine and traditional production heritage. Retailers are responding by expanding their premium selections and creating dedicated tasting experiences that educate consumers about quality differentiators.
  • Expanding Online Retail Distribution Channels: The digital transformation of beverage retail is significantly impacting the sparkling wine industry, with online distribution channels experiencing remarkable expansion across global markets. E-commerce platforms, dedicated wine subscription services, and direct-to-consumer websites are creating unprecedented access to diverse sparkling wine selections from international producers. Sparkling wines generated 56% of the revenue on one major Italian wine e-commerce platform, reflecting robust online demand. This shift is particularly benefiting smaller boutique producers who previously struggled to reach consumers through traditional retail networks dominated by established brands.
  • Rising Popularity of Low-Alcohol Variants: Growing health and wellness consciousness among global consumers is driving substantial demand for low-alcohol and alcohol-free sparkling wine alternatives. Producers are investing in advanced dealcoholization technologies and innovative fermentation techniques to maintain effervescence and flavor complexity while significantly reducing alcohol content. In July 2024, Serena Wines 1881 debuted its first zero-alcohol sparkling wine "Zero" at Prowein in Dusseldorf, targeting international markets and showcasing the brand's commitment to moderate-alcohol beverage innovation. Henkell Freixenet also launched its "Henkell 0.0%" alcohol-free sparkling wine to meet rising consumer demand for health-oriented bubbly alternatives.
  • Growing Acceptance as an Everyday Beverage: Sparkling wine is increasingly accepted beyond celebratory occasions, with consumers integrating it into casual dining, weekday meals, and social gatherings. This cultural shift is significantly broadening the consumer base and driving year-round demand, compared to the traditionally seasonal spikes tied to holidays and events. The millennial and Generation Z demographics are particularly influential, favoring sparkling wine for its versatility, lighter body, and premium lifestyle associations.
  • Diversification of Product Offerings: Producers are expanding their portfolios to include organic, vegan, and low-sugar sparkling wine variants, attracting health-conscious consumers and younger demographics. In March 2025, California-based Rack and Riddle, the leading custom sparkling wine producer in the U.S., introduced "CALSECCO," a new California sparkling wine category designed to attract Gen Z and millennial consumers with Italian-style bubbles made from locally grown grapes, demonstrating how regional producers are responding to evolving taste preferences with innovative domestic alternatives.

Growth Factors in the Sparkling Wine Market

  • Rising Disposable Incomes in Emerging Economies: The expanding middle-class population in developing economies is generating heightened demand for sparkling wine, supported by rising incomes and greater exposure to Western dining customs. In Asia Pacific, countries including China, Japan, India, South Korea, and Australia are experiencing increasing consumer interest in sparkling wine as a symbol of sophistication and celebratory culture. E-commerce platforms and modern retail formats are improving product accessibility across the region, while hospitality sectors in major metropolitan areas are actively promoting sparkling wine through curated beverage experiences.
  • Premiumization Supported by U.S. Market Growth: In October 2025, U.S. premium sparkling wines priced above USD 15 led market growth, with select brands recording retail volume increases of approximately 6.5% to 8.5% year-to-date, illustrating how consumer willingness to trade up is sustaining revenue growth even as volume growth moderates in the economy segment. The domestic sparkling wine production sector is also expanding, with wineries in California, Oregon, and Virginia investing in quality improvement and production capacity.
  • Strengthening On-Trade and Hospitality Demand: Restaurant and hospitality venues globally are expanding their sparkling wine offerings, incorporating by-the-glass programs that encourage trial and discovery among new consumers. In October 2025, Chandon India unveiled a limited-edition Celebration Pack for Diwali, featuring its Chandon Brut and Chandon Rose paired with a stylish flute designed for festive occasions and gifting, underscoring the critical role of hospitality and gifting culture in sustaining on-trade and seasonal demand.
  • Organic and Sustainable Viticulture Expansion: The expansion of organic and sustainable viticulture practices across vineyards worldwide is creating new product categories that appeal to environmentally conscious consumers. Leading producers are investing in carbon-neutral production processes and sustainable packaging solutions, with sustainability increasingly becoming a competitive differentiator in purchasing decisions, particularly among younger adult consumers in developed markets.
  • Booming Wine Tourism and Experiential Consumption: Wine tourism initiatives, particularly in Champagne, Prosecco, and Cava producing regions, are strengthening consumer engagement and brand loyalty while attracting international visitors. These direct vineyard experiences deepen product appreciation and often translate into sustained purchasing behavior. The hospitality sector across European metropolitan areas continues driving on-trade sparkling wine consumption through innovative beverage programs and curated pairing menus that showcase regional sparkling wine diversity.

Leading Companies Operating in the Global Sparkling Wine Industry:

  • Accolade Wines
  • Bacardi Limited
  • Bronco Wine Company
  • Casella Family Brands
  • Caviro Extra S.p.A.
  • Constellation Brands Inc.
  • Freixenet Sa (Henkell and Co. Sektkellerei)
  • Giulio Cocchi Spumanti Srl
  • Illinois Sparkling Co.
  • Quady Winery
  • Treasury Wine Estates
  • Vina Concha Y Toro

Sparkling Wine Market Report Segmentation:

Breakup By Type:

  • Red
  • Rose
  • White

Red holds 52% of the market share due to its distinctive flavor profile combining robust red grape characteristics with effervescence, and its growing versatility across diverse food pairings and dining occasions globally.

Breakup By Product:

  • Cava
  • Champagne
  • Cremant
  • Prosecco
  • Others

Prosecco leads the market with a 33% share owing to its approachable taste, competitive pricing, strong brand recognition, and widespread use as a cocktail base that expands its consumption occasions well beyond traditional celebrations.

Breakup By Price Point:

  • Economy
  • Mid-Range
  • Luxury

Economy dominates the market with a 44% share, driven by widespread retail availability, high-volume production efficiency, and strong consumer demand for affordable sparkling wine options that deliver consistent quality at accessible price points.

Breakup By Sales Channel:

  • Supermarket and Hypermarket
  • Specialty Stores
  • On Trade
  • Others

Supermarkets and hypermarkets represent the leading segment with a 43% share, as these large-format retailers offer wide product assortments across multiple price points with effective visual merchandising, seasonal promotions, and the convenience of one-stop shopping.

Breakup By Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Europe holds the leading position with a 47% market share, anchored by centuries of winemaking tradition, the presence of world-renowned appellations such as Champagne, Prosecco, and Cava, and deeply embedded cultural consumption patterns that integrate sparkling wine into everyday dining and celebrations.

Recent News and Developments in the Sparkling Wine Market

  • October 2025: Chandon India unveiled a limited-edition Celebration Pack for Diwali, featuring its globally awarded Chandon Brut and Chandon Rose paired with a stylish flute, designed for festive occasions, weddings, and gifting, emphasizing India's sparkling wine heritage and craftsmanship across key states.
  • December 2025: The historic Mumm Napa sparkling wine house in California was acquired by Trinchero Family Wine and Spirits, signaling strong investor confidence in high-end domestic sparkling wine production and traditional production heritage in the U.S. market.
  • February 2026: Supermodel and entrepreneur Ashley Graham launched "Lucci," a modern Lambrusco sparkling red wine made in Italy and distributed nationwide across major U.S. retailers, highlighting renewed commercial and consumer interest in red sparkling wine styles.
  • March 2025: California-based Rack and Riddle, the leading custom sparkling wine producer in the U.S., introduced "CALSECCO," a new California sparkling wine category designed to attract Gen Z and millennial consumers with Italian-style bubbles made from locally grown grapes.
  • July 2024: Serena Wines 1881 debuted its first zero-alcohol sparkling wine "Zero" at Prowein in Dusseldorf, alongside the Piu Spritz aperitif, targeting international markets and export growth, and showcasing the brand's commitment to innovation and moderate-alcohol beverage offerings.

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