Market Overview:
The global dry champagne market is expected to register a CAGR of 5.5% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for dry champagne in various applications such as bars, supermarkets, and restaurants. Additionally, the growing demand for premium sparkling wines is also propelling the growth of the global dry champagne market. On the basis of type, extra brut segment is expected to account for a major share of the global dry champagne market during 2018-2030. This can be attributed to its low sugar content and high acidity levels that make it ideal for pairing with food items. On the basis of application, bars segment is projected to hold a dominant position in terms of revenue contribution throughoutthe forecast period.
Product Definition:
Dry champagne is champagne that has been made without addition of sugar. It has a more acidic and austere flavor than sweetened champagnes. Dry champagnes are often enjoyed as an aperitif or with food such as sushi or oysters.
Extra Brut:
Extra Brut is a type of champagne that is produced and bottled before the age of 11 years. The term extra-brut refers to wines that are not aged in oak barrels. These wines are often more acidic, have lower sugar content, and higher acidity than regular champagnes.
The growing popularity of dry champagne among consumers has been acting as one of the major factors driving its consumption globally over the past few years.
Brut:
Brut is the most basic and important type of wine classification. It's a designation given to wines that are produced by methods involving complete manual labor with no use of any mechanical device. The term comes from the French word for "bruised". Wines classified as brut do not undergo any aging process and have a shorter shelf life ranging from 3-5 years to 1-2 months.
Application Insights:
The bar application segment led the global market and accounted for more than half of the revenue share in 2017. The growth of this segment is attributed to rising demand from consumers for a low-alcoholic beverage to celebrate various occasions, such as weddings and promotions. Dry champagnes are also consumed at bars as an alternative to cocktails or other spirits, which provide a sour taste when mixed with various ingredients.
Dry champagne is produced in France under the supervision of government regulations that mandate how much alcohol must be expressed in each bottle before it can be sold as wine. Therefore, extra dry champagnes produced according to these regulations do not contain any significant amount of alcohol and can be legally sold across borders without further adoration being carried out on them first (as long they do not exceed 0.5% ABV).
Regional Analysis:
Europe dominated the global market in terms of revenue with a share of over 40.0% in 2017. The region is expected to maintain its dominance over the forecast period as well owing to high consumption levels and rising demand for different types of champagne across countries, such as France, Germany, Italy, U.K., and Spain among others.
The Chinese dry champagne industry has witnessed exponential growth since 2012 on account of increased sales volume mainly attributed by strong distribution network set up by major players operating in China including Moet-Hennessy Ltd., Dom Perignon Champagne Louis Vuitton S.A.
Growth Factors:
- Increasing demand for premium and luxury products: The growth of the dry champagne market is mainly driven by the increasing demand for premium and luxury products. This is because consumers are looking for high-quality, unique, and luxurious products that can offer them an enhanced experience.
- Rising disposable incomes: Another key driver of the dry champagne market is rising disposable incomes, which allows consumers to afford more expensive products. In addition, as economies grow, there is a greater propensity to purchase luxury items such as dry champagne.
- Growing popularity of cocktails: The growing popularity of cocktails has also helped to drive the growth of the dry champagne market as it provides an opportunity for brands to showcase their products in a new and innovative way. By using different types of champagnes in cocktails, bartenders are able to create unique flavor combinations that appeal to consumers’ taste buds.
Scope Of The Report
Report Attributes
Report Details
Report Title
Dry Champagne Market Research Report
By Type
Extra Brut, Brut, Extra Dry, Others
By Application
Bar, Supermarket, Restaurant, Others
By Companies
Pernod Ricard, LVMH, Nicolas Feuillatte, Laurent Perrier, Piper Heidsieck, Pommery, Taittinger, Louis Roederer, Perrier Jouet, Bollinger, Pol Roger, Lanson, Krug
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
198
Number of Tables & Figures
139
Customization Available
Yes, the report can be customized as per your need.
Global Dry Champagne Market Report Segments:
The global Dry Champagne market is segmented on the basis of:
Types
Extra Brut, Brut, Extra Dry, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Bar, Supermarket, Restaurant, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Pernod Ricard
- LVMH
- Nicolas Feuillatte
- Laurent Perrier
- Piper Heidsieck
- Pommery
- Taittinger
- Louis Roederer
- Perrier Jouet
- Bollinger
- Pol Roger
- Lanson
- Krug
Highlights of The Dry Champagne Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Extra Brut
- Brut
- Extra Dry
- Others
- By Application:
- Bar
- Supermarket
- Restaurant
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Dry Champagne Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Dry champagne is a sparkling wine that has had its residual sugar removed. This process leaves the wine with a crisp, clean taste and a high level of acidity.
Some of the major companies in the dry champagne market are Pernod Ricard, LVMH, Nicolas Feuillatte, Laurent Perrier, Piper Heidsieck, Pommery, Taittinger, Louis Roederer, Perrier Jouet, Bollinger, Pol Roger, Lanson, Krug.
The dry champagne market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Dry Champagne Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Dry Champagne Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Dry Champagne Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Dry Champagne Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Dry Champagne Market Size & Forecast, 2018-2028
4.5.1 Dry Champagne Market Size and Y-o-Y Growth
4.5.2 Dry Champagne Market Absolute $ Opportunity
Chapter 5 Global Dry Champagne Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Dry Champagne Market Size Forecast by Type
5.2.1 Extra Brut
5.2.2 Brut
5.2.3 Extra Dry
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Dry Champagne Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Dry Champagne Market Size Forecast by Applications
6.2.1 Bar
6.2.2 Supermarket
6.2.3 Restaurant
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Dry Champagne Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Dry Champagne Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Dry Champagne Analysis and Forecast
9.1 Introduction
9.2 North America Dry Champagne Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Dry Champagne Market Size Forecast by Type
9.6.1 Extra Brut
9.6.2 Brut
9.6.3 Extra Dry
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Dry Champagne Market Size Forecast by Applications
9.10.1 Bar
9.10.2 Supermarket
9.10.3 Restaurant
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Dry Champagne Analysis and Forecast
10.1 Introduction
10.2 Europe Dry Champagne Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Dry Champagne Market Size Forecast by Type
10.6.1 Extra Brut
10.6.2 Brut
10.6.3 Extra Dry
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Dry Champagne Market Size Forecast by Applications
10.10.1 Bar
10.10.2 Supermarket
10.10.3 Restaurant
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Dry Champagne Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Dry Champagne Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Dry Champagne Market Size Forecast by Type
11.6.1 Extra Brut
11.6.2 Brut
11.6.3 Extra Dry
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Dry Champagne Market Size Forecast by Applications
11.10.1 Bar
11.10.2 Supermarket
11.10.3 Restaurant
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Dry Champagne Analysis and Forecast
12.1 Introduction
12.2 Latin America Dry Champagne Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Dry Champagne Market Size Forecast by Type
12.6.1 Extra Brut
12.6.2 Brut
12.6.3 Extra Dry
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Dry Champagne Market Size Forecast by Applications
12.10.1 Bar
12.10.2 Supermarket
12.10.3 Restaurant
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Dry Champagne Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Dry Champagne Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Dry Champagne Market Size Forecast by Type
13.6.1 Extra Brut
13.6.2 Brut
13.6.3 Extra Dry
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Dry Champagne Market Size Forecast by Applications
13.10.1 Bar
13.10.2 Supermarket
13.10.3 Restaurant
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Dry Champagne Market: Competitive Dashboard
14.2 Global Dry Champagne Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Pernod Ricard
14.3.2 LVMH
14.3.3 Nicolas Feuillatte
14.3.4 Laurent Perrier
14.3.5 Piper Heidsieck
14.3.6 Pommery
14.3.7 Taittinger
14.3.8 Louis Roederer
14.3.9 Perrier Jouet
14.3.10 Bollinger
14.3.11 Pol Roger
14.3.12 Lanson
14.3.13 Krug
