Sparkling Red Wine Market was valued at USD 1.45 Billion in 2022 and is projected to reach USD 2.11 Billion by 2030, growing at a CAGR of 5.5% from 2024 to 2030.
Moving forward, from 2023 to 2033, the Sparkling Red Wine Market is expected to continue its upward trajectory, driven by the increasing global demand for premium, craft, and organic wines. As the younger generation gravitates toward innovative and unique wine offerings, there is a strong potential for Sparkling Red Wines to carve a niche in the ever-growing wine market. The trend toward low-alcohol, low-sugar, and low-calorie beverages will further influence the market, making Sparkling Red Wines a popular choice for consumers looking for healthier alternatives without compromising on taste or indulgence. Innovations in wine production and packaging, including eco-friendly options, will also play a crucial role in shaping the future of the market.
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The Sparkling Red Wine Market has undergone significant shifts from 2018 to 2022, with evolving consumer preferences, changes in production techniques, and fluctuations in demand. Over this period, the global market witnessed an increased interest in premium wines, alongside a surge in health-conscious consumers seeking alternatives to traditional alcohol types. The rise of premium and boutique wine producers, as well as the growing trend of organic and sustainable products, contributed to the overall growth of the market. This was especially evident in regions like Europe and North America, where Sparkling Red Wine became a sought-after choice for celebrations and special occasions, owing to its unique flavor profile and perceived luxury status.
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Alberto Salvadori
Angas
Bird in Hand Winery
Bleasdale Vineyards
Chateau Reynella
Green Point
Hardys
Jansz
Mount Prior Winery
Pernod Ricard
Portugal Vineyards
Quinta da Raza
Rockford
Seppelt
Tenuta di Aljano
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. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. 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 Sparkling Red Wine Market
Shopping Malls
Online Channel
Winery
Based on Types the Market is categorized into Below types that held the largest Sparkling Red Wine market share In 2023.
Top Class
Second Class
Global (United States, Global 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 Sparkling Red Wine 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 Sparkling Red Wine Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Sparkling Red Wine Market, By Type
6. Global Sparkling Red Wine Market, By Application
7. Global Sparkling Red Wine Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Sparkling Red Wine Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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