Prosecco Market size is estimated to be USD 3.5 Billion in 2024 and is expected to reach USD 6.2 Billion by 2033 at a CAGR of 7.5% from 2026 to 2033.
The global Prosecco market was valued at approximately USD 5.5 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 9.5% from 2023 to 2030. This growth can be attributed to the rising demand for sparkling wines, particularly in European and North American regions. Prosecco, a key player in the global sparkling wine sector, has seen significant demand across both traditional and emerging markets. The Asia Pacific region has also shown an increased inclination towards premium sparkling wines, contributing to the global expansion of Prosecco. Prosecco’s market share is bolstered by its appeal as a versatile, affordable luxury option compared to Champagne, making it a preferred choice for celebratory and casual occasions worldwide.
Regionally, Europe dominates the Prosecco market, with Italy being the leading producer and exporter, holding a substantial share of the market. The region accounts for more than 70% of global Prosecco consumption, driven by strong domestic demand and a well established export market. North America, particularly the United States, is the second largest consumer of Prosecco, with growing consumption due to an increase in the popularity of wine based cocktails and sparkling wines. The Asia Pacific region is expected to see the highest growth rate, with increasing disposable income, a growing preference for international wines, and expanding retail networks contributing to Prosecco’s rise in countries like China and Japan. Latin America and the Middle East & Africa are also expected to experience steady growth, driven by a shift towards premium alcoholic beverages.
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Adami
Bottega Spa
Sorelle Bronca
Col Vetoraz
Il Colle
Josh Cellars
La Marca Prosecco
Mongarda
Santa Marina
Val de Cune
Vera Wang Party
Zardetto
Tesco Groceries
The Emissary
Sacchetto
Ruffino
Carpenè Malvolti
Mionetto
Zonin
Chloe
Cupcake Vineyards
Bartenura
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Prosecco Market
Brut Prosecco
Extra Dry Prosecco
Dry Prosecco
Prosecco Rosé
Other Prosecco Variants
Bottle
Canned
Bag-in-Box
Mini Bottles
Premium Prosecco
Mid-Range Prosecco
Economy Prosecco
Online Retailers
Specialty Stores
Supermarkets
Liquor Stores
Others
Household Consumption
Restaurants & Bars
Event & Celebration
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Prosecco Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Prosecco Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Prosecco Market, By Type
6. Global Prosecco Market, By Application
7. Global Prosecco Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Prosecco Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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