Top 10 Sparkling Wine Companies by Market Share Globally
Introduction
Sparkling wine has been gaining popularity worldwide, with consumers enjoying its effervescence and celebratory nature. In this report, we will delve into the top 10 sparkling wine companies by market share globally. We will analyze their financial data, market trends, and industry insights to understand their dominance in the sparkling wine market.
1. Moet & Chandon
Moet & Chandon, a French champagne house, is one of the leading sparkling wine companies globally. With a rich history dating back to 1743, Moet & Chandon has established itself as a premium brand in the sparkling wine market. The company’s market share is significant, thanks to its high-quality products and strong brand reputation. In 2020, Moet & Chandon reported revenue of over $1 billion, solidifying its position as a top player in the industry.
2. Veuve Clicquot
Veuve Clicquot is another renowned French champagne house known for its high-end sparkling wines. The company’s market share is substantial, driven by its iconic Yellow Label champagne and innovative marketing strategies. Veuve Clicquot’s revenue in 2020 exceeded $800 million, showcasing its strong presence in the global sparkling wine market.
3. Freixenet
Freixenet, a Spanish sparkling wine producer, holds a significant market share globally. The company is known for its Cava, a Spanish sparkling wine made using traditional methods. Freixenet’s diverse product range and global distribution network have contributed to its success in the market. In 2020, the company reported revenue of over $500 million, highlighting its strong performance in the industry.
4. La Marca Prosecco
La Marca Prosecco, an Italian sparkling wine brand, has seen a surge in popularity in recent years. The company’s market share has grown steadily, driven by the increasing demand for Prosecco worldwide. La Marca Prosecco’s revenue in 2020 surpassed $400 million, reflecting its strong position in the global sparkling wine market.
5. G.H. Mumm
G.H. Mumm, a French champagne house, is a key player in the sparkling wine market. The company’s market share is substantial, supported by its premium champagne offerings and long-standing legacy. G.H. Mumm’s revenue in 2020 exceeded $300 million, underscoring its significance in the industry.
6. Perrier-Jouet
Perrier-Jouet, another French champagne house, is renowned for its elegant and sophisticated sparkling wines. The company’s market share is noteworthy, thanks to its luxury products and strong brand image. In 2020, Perrier-Jouet reported revenue of over $200 million, solidifying its position as a top player in the global sparkling wine market.
7. Domaine Chandon
Domaine Chandon, a California-based sparkling wine producer, has carved a niche for itself in the market. The company’s market share has been on the rise, driven by its premium sparkling wines and sustainable production practices. Domaine Chandon’s revenue in 2020 exceeded $150 million, showcasing its growing influence in the industry.
8. Schramsberg Vineyards
Schramsberg Vineyards, another California-based sparkling wine producer, is known for its high-quality sparkling wines. The company’s market share is significant, supported by its commitment to traditional winemaking techniques. Schramsberg Vineyards reported revenue of over $100 million in 2020, highlighting its impact in the global sparkling wine market.
9. Ferrari Trento
Ferrari Trento, an Italian sparkling wine producer, has been gaining traction in the market. The company’s market share is notable, driven by its premium Trentodoc wines and strong international presence. Ferrari Trento’s revenue in 2020 surpassed $80 million, showcasing its growing prominence in the industry.
10. J Vineyards & Winery
J Vineyards & Winery, a California-based sparkling wine producer, rounds out the top 10 list. The company’s market share has been steadily increasing, fueled by its diverse portfolio of sparkling wines and focus on sustainability. J Vineyards & Winery reported revenue of over $60 million in 2020, underlining its position in the global sparkling wine market.
Conclusion
In conclusion, the top 10 sparkling wine companies by market share globally have established themselves as key players in the industry. Their high-quality products, strong brand reputations, and innovative marketing strategies have contributed to their success in the global sparkling wine market. As consumer demand for sparkling wine continues to grow, these companies are well-positioned to capitalize on the market opportunities and maintain their dominance in the industry.
