The European sparkling wine market shows a diverse distribution of volume share across countries. As of 2023, the United Kingdom leads with a 35.54% share followed by France at 29.09%. Spain and Portugal represent a smaller share at 8.1% and 7.49%, respectively. Sweden's market share stands at 6.39%, while Austria records 4.19%. The Czech Republic and Lithuania exhibit notable increases of 10.29% and 4.46%, respectively, indicating growing market engagement. France and Austria experienced decreases, indicating potential challenges in maintaining their market position.
Future trends to watch in the European sparkling wine market include the following:
- Potential growth in Central and Eastern European markets, particularly notable in the Czech Republic.
- The impact of economic and climatic changes on traditional powerhouse markets like France and the UK.
- An increase in consumer interest in sustainable and organic sparkling wines.
- Technological advancements in production and distribution networks that could reshape market dynamics.
Top countries in Sparkling Wine Market Size Volume Share by Country (Liters)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 35.54 | 2023 | +2.54% | +3.15% | View data |
| 2 | 2 France | 29.09 | 2023 | +0.15% | -2.71% | View data |
| 3 | 3 Spain | 8.1 | 2023 | -0.51% | +1.48% | View data |
| 4 | 4 Portugal | 7.49 | 2023 | +3.59% | +5.93% | View data |
| 5 | 5 Sweden | 6.39 | 2023 | +5.95% | +4.37% | View data |
| 6 | 6 Austria | 4.19 | 2023 | -2.86% | -3.01% | View data |
| 7 | 7 Hungary | 3.18 | 2023 | +0.57% | -2.24% | View data |
| 8 | 8 Czech Republic | 2.19 | 2023 | +8.13% | +10.29% | View data |
| 9 | 9 Denmark | 1.75 | 2023 | +2.8% | +1.94% | View data |
| 10 | 10 Lithuania | 1.56 | 2023 | +1.03% | +4.46% | View data |
