Champagne Market Expected To Expand At A CAGR of 4.0% Through 2025 : Grand View Research Inc.
San Francisco, 21 November 2019: The Report Champagne Market Size, Share & Trends Analysis Report By Product (Prestige Cuvée, Blanc De Noirs, Blanc De Blancs, Rosé), By Distribution Channel (Off-trade, On-trade), By Region, And Segment Forecasts, 2019 – 2025 The global champagne market size is expected to reach USD 7.2 billion by 2025, according to a new report by Grand View Research, Inc., registering a 4.0% CAGR during the forecast period. Increasing traction among consumers on account of changing lifestyles, rising brand awareness, online sales, and its evolving use in various cocktails and cuisines is expected to have a positive impact on market growth. The market has been receiving increasing interest from celebrities and public figures, who have been teaming up with leading brands to launch new products. For instance, in January, 2019 Aubrey Drake Graham, the Grammy award-winning Canadian singer, launched his champagne range under the French label Mod Sélect