Lewes, DE -- (SBWIRE) -- 03/08/2016 -- Report forecast the global sparkling wine market to grow at a CAGR of 2.67% during the period 2016-2020.

Sparkling wine is a carbonated wine which is made by fermentation of sugar and yeast. This results in the production of the alcohol and CO2, and since the gas is not allowed to escape, it ultimately mixes with the wine. This is released in the form of tiny bubbles when the bottle is opened, creating a popping sound.

The report covers the present scenario and the growth prospects of the global sparkling wine market for the period 2016-2020. To calculate the market size, the report has taken into consideration the revenue generated from retail sales of sparkling wine globally. It also includes the market size based on volume, which was calculated based on the retail sales of sparkling wine.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

According to the report, Wine tourism has spread awareness about wines in general and sparkling wines in particular. Wineries across the world offer wine tours to promote their brands. Third-party organizers also conduct wine tours; City Wine Tours in Boston is one such. During their two-hour tour, they take guests around to sparkling wine locations in the neighborhood. Guests get to taste some of the wine varieties paired with contemporary cuisine. They can also buy from the stores there.

Further, the report states that the raw materials, ingredients, and commodities used in the preparation of wine are vulnerable to natural disasters and adverse weather conditions such as droughts, floods, earthquakes, frost, and pest infestations. Such calamities may contaminate and affect the supply of raw materials. They can also increase the price of raw materials, which in turn increases the manufacturing and processing costs of wine.

Global Sparkling Wine Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Sparkling Wine Market: Codorníu, Freixenet, Henkell, Korbel, LVMH and Nyetimber.

Other Prominent Vendors in the market are: Accolade Wines, Bacardi, Bronco Wine Company, Cantine Riunite & Civ S.C.Agr, Casella Wines, Castlel Group, Caviro, Constellation Brands, Davide Campari-Milano, E&J Gallo Winery, Group Italiano Vini, J García Carrión and Pernod Ricard.

Market driver
- Increasing awareness about wine
- For a full, detailed list, view our report

Market challenge
- Adverse weather conditions affecting grape production
- For a full, detailed list, view our report

Market trend
- Wine and social media
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 72 pages and 49 Exhibit "Global Sparkling Wine market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Market segmentation by distribution, Geographical segmentation, Key leading countries, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

For more information Visit at: http://www.marketresearchreports.com/technavio/global-sparkling-wine-market-2016-2020

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