According to Cognitive Market Research, the global Champagne market size is USD 7.1 billion in 2023 and will grow at a compound yearly growth rate (CAGR) of 5.50% from 2023 to 2030.
The demand for Champagne is rising due to the growing demand for celebration and luxury.
Demand for prestige cuvee remains higher in the Champagne market.
The Blanc de Blanc category held the highest Champagne market revenue share in 2023.
North America will continue to lead, whereas the Asia Pacific Champagne market will experience the strongest growth until 2030.