Champagne Market Outlook
The global champagne market size attained a value of USD 7.26 billion in 2023. As consumer preferences continue to evolve towards premium and luxury beverages, driven by increasing disposable incomes and a growing appreciation for fine wines, the market is projected to grow at a compound annual growth rate (CAGR) of 4.80% between 2024 and 2032. By 2032, the champagne market is expected to reach a value of USD 11.10 billion.
Champagne, the sparkling wine made primarily from