Sparkling Wine Market Size to Exceed $77.80 Billion by 2035

The global Sparkling Wine Market valued at USD 42.47 billion in 2025 and is expected to reach USD 77.80 billion by 2035, growing at a CAGR of 6.24% during 2026–2035. As per the SNS Insider report titled, “Sparkling Wine Market Size, Share & Segmentation Analysis By Type, By Product, By Price Point, By Sales Channel, By Region, And Global Forecast 2026-2035”

The global sparkling wines market exhibits a steady growth primarily due to the rising trend of consumers shifting toward higher alcohol quality, rising social drinking occasions, and strong demand through hotels and retailing. These days, sparkling wines such as Prosecco and Champagne have become a staple of everyday luxuries for individuals and not just a beverage for celebrations. According to several organizations like the Comité Champagne and OIV (International Organisation of Vine and Wine), consumption of sparkling wine is growing continuously around the world.

Premiumization Trends and Expanding Consumption Occasions Drive Market Growth Globally

The growth of the market is driven by the shift towards luxury and premium alcohol beverages. The luxury/premium share of overall market revenue in 2025 accounted for over 55%, demonstrate high consumers buying intentions towards premium quality beverages. The demand growth is stimulated by larger disposable income levels in developing economies such as China and India. To illustrate, import sales volumes of sparkling wines for the Asia-Pacific region have been consistently increasing due to rapid urbanization and westernized consumer preferences

There is also an increasingly prominent correlation between the expanding popularity of Prosecco and market growth. In 2025, around 29% of the total worldwide market share was taken up by Prosecco, with it remaining the fastest-growing product segment, correlating with its affordable and versatile means of production. Prosecco exports for Italy, according to trade bodies, have shown double-digit growth in all the trio of important markets, such as the U.S., U.K. and Germany.

On the other hand, the industry is regulated, taxes on alcoholic drinks, and uncertainties in climate change led to insecurity in the supply chain. Climate changes in main grape growing countries, particularly France, Italy as well as Spain, which cause irregularities in grape yields, still hit the wines in terms of quantity and price levels.

Key Report Highlights

By type, white sparkling wine dominated the market with a 78% share in 2025, while rosé is projected to be the fastest-growing segment over 2026–2035, driven by increasing consumer preference for flavored and visually appealing variants.
By product, Prosecco led with a 29% share in 2025 and is also expected to register the highest CAGR, supported by strong export demand and competitive pricing.
By price point, the luxury/premium segment accounted for 55% of the market in 2025 and continues to grow rapidly due to premiumization trends and brand positioning strategies.
By sales channel, supermarkets and hypermarkets held a 50% share in 2025, while on-trade channels (restaurants, bars, hotels) are projected to grow at the fastest CAGR, supported by recovery in global tourism and hospitality sectors.
Regionally, Europe dominated with a 45% market share in 2025, while Asia-Pacific is expected to expand at the fastest CAGR of 8.58% during the forecast period.

Regional Outlook

In 2025, Europe held a strong lead in the Sparkling Wine Market with a 45% share, further aided by a large production footprint and traditional history in winemaking. France, Italy and Spain are still among the leading producing and exporting countries worldwide. Champagne is one of the world's leading luxury product classes, where France continues to conserve its leading position. Italy continues to dominate in volume for exports, due to the production of Prosecco centered in the Veneto region.

North America is a mature but slowly growing market, with growth in the United States driven by the increased popularity of premium wines and higher production levels among California wineries. Additionally, a well-established retail sales and penetration of e-commerce is likely to boost the market growth.

Asia-Pacific is expected to be the fastest growing region in air quality control systems market for the period of 2026 to 2035, with a CAGR of 8.58%. This growth is largely driven by the growth of the middle-class populations of the food, the influence of west demand, and the growing formats of retail infrastructures. China, Japan and India are important markets, driven on local production and import growth.

Recent Industry Developments:

In 2025, Moët Hennessy (LVMH group) expanded its premium sparkling wine portfolio with new vintage launches, targeting high-growth Asian markets and strengthening its luxury positioning globally.
In early 2025, several European producers increased investments in sustainable viticulture practices, focusing on organic farming and carbon-neutral production to meet evolving regulatory and consumer sustainability expectations.

Leading Companies in the Sparkling Wine Market: