The North American champagne market is anticipated to grow at a substantial CAGR of 5.8% during the forecast period. As per the data released by World Economic Forum in 2018, North America holds 23.9% of the global economy. Thus, it makes the population of the region easily purchase such premium products. However, the COVID-19 had halted the growth of the North American champagne market.
The North American champagne market is segmented based on the grape used, type, flavor, and distribution channel. Based on the grape used, the market is segmented into pinot noir, pinot meuniere, and chardonnay. Based on the type, the market is segmented into prestige cuvee, blanc de noirs, blanc de blancs, and rosA champagne. Based on the flavor, the market is segmented into brut and fruity flavors. Based on the distribution channel, the market is segmented into hypermarket/supermarket, specialty store, and online store.
Geographically market is segmented into the US and Canada. The champagne market in the US has been on an upsurge in recent years. Most of the champagne consumed in the country is imported from outside. According to the Champagne Bureau, in the USA around 20.8 million champagne bottles will be imported in 2020. This was 17.9% less than the previous year due to the impact of COVID-19. Still, the value of this import is more than $572.2 million which is the highest in any country outside France.Canada is expected to be the fastest-growing country in the champagne market of North America as the number of sparkling wine consumers will increase in 2020 despite the COVID-19 pandemic effect. This growth is mainly driven by local champagne manufactures.
The major companies serving the North American champagne market include Laurent- Perrier Group, LVMH Moët Hennessy Louis Vuitton SA, Pernod Ricard SA, Piper Heidsieck Terlato Wines International and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market.
Research Methodology
The market study of the North American champagne market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include
• Financial reports of companies involved in the market.
• Whitepapers, research papers, and news blogs.
• Company websites and their product catalog.
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
1. North American Champagne Market Research and Analysis by Grape Used
2. North American Champagne Market Research and Analysis by Type
3. North American Champagne Market Research and Analysis by Flavor
4. North American Champagne Market Research and Analysis by Distribution Channel
The Report Covers
• Comprehensive research methodology of the North American champagne market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the North American champagne market.
• Insights about market determinants that are stimulating the North American champagne market.
• Detailed and extensive market segments with the regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the North American Champagne Market
• Recovery Scenario of North American Champagne Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Laurent- Perrier Group
3.1.1.1. Overview
3.1.1.2. Financial Analysis
3.1.1.3. SWOT Analysis
3.1.1.4. Recent Developments
3.1.2. LANSON-BCC
3.1.2.1. Overview
3.1.2.2. Financial Analysis
3.1.2.3. SWOT Analysis
3.1.2.4. Recent Developments
3.1.3. LVMH Moët Hennessy Louis Vuitton SA
3.1.3.1. Overview
3.1.3.2. Financial Analysis
3.1.3.3. SWOT Analysis
3.1.3.4. Recent Developments
3.1.4. Pernod Ricard SA
3.1.4.1. Overview
3.1.4.2. Financial Analysis
3.1.4.3. SWOT Analysis
3.1.4.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of Covid-19 on Key Players
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. North American Champagne Market by Grape Used
5.1.1. Pinot Noir
5.1.2. Pinot Meuniere
5.1.3. Chardonnay
5.1.4. Others
5.2. North American Champagne Market by Type
5.2.1. Prestige Cuvee
5.2.2. Blanc De Noirs
5.2.3. Blanc De Blancs
5.2.4. RosA
5.3. North American Champagne Market by Flavor
5.3.1. Brut
5.3.2. Fruity
5.4. North American Champagne Market by Distribution Channel
5.4.1. Hypermarket/Supermarket
5.4.2. Specialty Store
5.4.3. Online Store
6. Regional Analysis
6.1.1. United States
6.1.2. Canada
7. Company Profiles
7.1. Diageo plc
7.2. Dom Perignon
7.3. LANSON-BCC
7.4. Laurent- Perrier Group
7.5. LVMH Moët Hennessy Louis Vuitton SA
7.6. Moet & Chandan
7.7. Moet Hennessy USA
7.8. Nicolas Feuillatte Ste. Michelle Wine Estate
7.9. Pernod Richard SA
7.10. Piper Heidsieck Terlato Wines International
7.11. Veuve Clicquot
1. NORTH AMERICAN CHAMPAGNE MARKET RESEARCH AND ANALYSIS BY GRAPE USED, 2020-2027 ($ MILLION)
2. NORTH AMERICAN PINOT NOIR CHAMPAGNE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
3. NORTH AMERICAN PINOT MEUNIERE CHAMPAGNE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
4. NORTH AMERICAN CHARDONNAY CHAMPAGNE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
5. NORTH AMERICAN OTHERS CHAMPAGNE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
6. NORTH AMERICAN CHAMPAGNE MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
7. NORTH AMERICAN PRESTIGE CUVEE CHAMPAGNE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
8. NORTH AMERICAN BLANC DE NOIRS CHAMPAGNE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
9. NORTH AMERICAN BLANC DE BLANCS CHAMPAGNE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
10. NORTH AMERICAN ROSA CHAMPAGNE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
11. NORTH AMERICAN CHAMPAGNE MARKET RESEARCH AND ANALYSIS BY FLAVOR, 2020-2027 ($ MILLION)
12. NORTH AMERICAN BRUT CHAMPAGNE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
13. NORTH AMERICAN FRUITY CHAMPAGNE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
14. NORTH AMERICAN CHAMPAGNE MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2020-2027 ($ MILLION)
15. NORTH AMERICAN HYPERMARKET/SUPERMARKET CHAMPAGNE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
16. NORTH AMERICAN SPECIALTY STORE CHAMPAGNE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
17. NORTH AMERICAN ONLINE STORE CHAMPAGNE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
18. NORTH AMERICAN CHAMPAGNE MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2020-2027 ($ MILLION)
1. IMPACT OF COVID-19 ON NORTH AMERICAN CHAMPAGNE MARKET, 2020-2027 ($ MILLION)
2. IMPACT OF COVID-19 ON NORTH AMERICAN CHAMPAGNE MARKET BY SEGMENT, 2020-2027 ($ MILLION)
3. RECOVERY OF NORTH AMERICAN CHAMPAGNE MARKET, 2021-2027 (%)
4. NORTH AMERICAN CHAMPAGNE MARKET SHARE BY GRAPE USED, 2020 VS 2027 (%)
5. NORTH AMERICAN PINOT NOIR CHAMPAGNE MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
6. NORTH AMERICAN PINOT MEUNIERE CHAMPAGNE MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
7. NORTH AMERICAN CHARDONNAY CHAMPAGNE MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
8. NORTH AMERICAN OTHER CHAMPAGNE MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
9. NORTH AMERICAN CHAMPAGNE MARKET SHARE BY TYPE, 2020 VS 2027 (%)
10. NORTH AMERICAN PRESTIGE CUVEE CHAMPAGNE MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
11. NORTH AMERICAN BLANC DE NOIRS CHAMPAGNE MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
12. NORTH AMERICAN BLANC DE BLANCS CHAMPAGNE MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
13. NORTH AMERICAN ROSA MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
14. NORTH AMERICAN CHAMPAGNE MARKET SHARE BY FLAVOR, 2020 VS 2027 (%)
15. NORTH AMERICAN BRUT CHAMPAGNE MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
16. NORTH AMERICAN FRUITY CHAMPAGNE MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
17. NORTH AMERICAN CHAMPAGNE MARKET SHARE BY DISTRIBUTION CHANNEL, 2020 VS 2027 (%)
18. NORTH AMERICAN HYPERMARKET/SUPERMARKET CHAMPAGNE MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
19. NORTH AMERICAN SPECIALTY STORE CHAMPAGNE MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
20. NORTH AMERICAN ONLINE STORE CHAMPAGNE MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
21. NORTH AMERICAN CHAMPAGNE MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
22. US CHAMPAGNE MARKET SIZE, 2020-2027 ($ MILLION)
23. CANADA CHAMPAGNE MARKET SIZE, 2020-2027 ($ MILLION)