|
|
DUBLIN--(BUSINESS WIRE)--The "Champagne Market Size, Share, Trends & Forecast 2025-2033" report has been added to ResearchAndMarkets.com's offering.
The Global Champagne Market was worth USD 7.72 billion in 2024 and is expected to reach USD 12.74 billion by 2033, growing at a CAGR of 5.72% during the forecast period. Drivers are increased luxury spending, premium gift trends, and surging demand for celebratory drinks in emerging markets, complemented by robust brand prestige and changing lifestyle patterns in Europe, North America, and Asia-Pacific.
Champagne is most linked with celebration, luxury, and occasions, usually found at weddings, New Year's parties, corporate parties, and upscale celebrations. It is also employed for formal toasts, fine dining gifting, and culinary pairing. It is supported by international promotion, distinctive branding, and strong cultural connections with triumph and prestige.
Though historically popular in Europe and North America, demand now is increasing in emerging mar...
|