Regional Players Dominate the Industry Comprising ~55% of the Competitors, Despite the Presence of about ~150 Competitors Including Several Country-Niche Players, Regional Players, and, Global Players, finds a recent market study on the Global Sparkling Wine Market by Ken Research
Sparkling wine is a carbonated wine made from either white or red grapes and is available in three varieties: white, rose, and red. In addition, white sparkling wines are the most common type of wine. Furthermore, France and Italy are the most well-known countries for sparkling wine production all around the world.
“Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study”
1. Regional Players Constitute ~55% of the Total Number of Competitors, While Country-Niche Players Comprise ~35% Share of Competitors.
A comprehensive competitive analysis conducted during the Research Study found that the Global Sparkling Wine market is competitive with ~150 players, including globally diversified players, regional players, and several country-niche players with their niche fermentation process, including traditional method, charmat method, and artificial carbonation. Numerous winemakers are implementing advanced technologies like internet of things (IoT) sensors in their vineyards to analyze data such as weather patterns, sun exposure, pH, nitrogen levels, soil conditions, and more in order to make real-time decisions, make quick adjustments, and identify long-term trends, allowing wineries to optimize quality from the vineyard to the bottle.
2. Country-Niche Players’ and Organization’s Ongoing Efforts to New technological Developments are Prompting the Growth the of Wine Industry.
Detailed comparative analysis of key competitors available within the Research Study shows that numerous wine companies such as Accolade Wines, Bronco Wine Company, Casella, E.&J. Gallo Winery, and more are highly focused on expanding their winery and distillery with new advanced technologies, such as Vineyard Scanners and Multi-Spectral and Thermal Infrared Cameras to ensure grapes are grown and harvested properly, and mechanical harvesters to process grapes morbidly. Furthermore, numerous companies and organizations are aggressively investing in advanced computation, data analytics, and increased R&D activities.
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3. Increasing Government Initiatives, Strategies, and Investments in Wine Industry are supporting the Growth of Sparkling Wines.
Previously, government-led investment and involvement in vineyard and winery operations were relatively limited worldwide, with the industry relying primarily on private funding. However, in recent years governments conceded that the structure needed to be changed. Several governments across countries have raised funds for the grape and wine industry to support and accelerate the agricultural industry.
- For instance, in August 2022, the Canadian government announced a US$ 166 million investment in the wine industry to provide wineries with the tools they need to stay competitive in the industry in capitalizing on new opportunities.
- In April 2022, The Australian Government announced the funding of US$ 1.81 million for the grape and wine sector through the Agricultural Trade and Market Access Cooperation (ATMAC) program.
- In April 2021, the New South Wales (NSW) Government and the NSW Wine Industry Association signed a US$ 300,000 Memorandum of Understanding (MOU) to support winemakers in increasing exports and regional industry development, as well as encourage further advancement.
Key Topics Covered in the Report
- Snapshot of the Global Sparkling Wine Market
- Industry Value Chain and Ecosystem Analysis
- Market size and Segmentation of the Global Sparkling Wine Market
- Historic Growth of the Overall Global Sparkling Wine Market and Segments
- Competition Scenario of the Market and Key Developments of Competitors
- Porter’s 5 Forces Analysis of the Global Sparkling Wine Industry
- Overview, Product Offerings, and Strengths & Weaknesses of Key Competitors
- Covid-19 Impact on the Overall Global Sparkling Wine Market
- Future Market Forecast and Growth Rates of the Total Global Sparkling Wine Market and by Segments
- Market Size of Product Type, Distribution Channel, and Application Segments with Historical CAGR and Future Forecasts
- Analysis of the Global Sparkling Wine Market
- Major Production/Supply and Consumption/Demand Hubs within Each Region
- Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
- Overview of Notable Emerging Competitor Companies within Each Region
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Major Competitors Covered in the Report
- Accolade Wines
- Bronco Wine Company
- Casella
- Caviro Extra S.P.A. S.U
- Constellation Brands, Inc.
- E.&J. Gallo Winery
- Concha y Toro
- The Sparkling Wine Co.
- Illinois Sparkling Co.
- Freixenet SA
Notable Emerging Companies Mentioned in the Report
- Giulio Cocchi
- Quady Wines
- Treasury Wine Estates
- California Champagnes
- Pernod Ricard
- G.H.Mumm
- Lanson-BCC
- La Marca USA
Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report
- Wine Feedstock Suppliers (Wine Grapes)
- Suppliers of Chemical Additives
- Wine Producing Companies
- Vineyard Management Companies
- American Association of Wine Economists
- American Wine Society
- National Wine Trade Federation
- Suppliers of Packaging Materials (Suppliers of Bottles, Corks)
- Food Regulatory Authorities
- Alcoholic Beverages Regulatory Authorities
- Government Ministries and Departments of Alcoholic Beverages
- Investment Banks and PE Firms Focused on Alcoholic Beverages Industry
- Potential Entrants into Alcoholic Beverages Industry
Period Captured in the Report
- Historical Period: 2017-2021
- Forecast Period: 2022-2028F
For More Information on The Research Report, Refer to the Below Link:
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