A symbol of luxury and celebration, Champagne is one of the most beloved drinks worldwide. Today, “Champagne” (sparkling wine produced in the Champagne region of northeastern France) accounts for 10% of the world’s consumption of sparkling wines by volume and 21% by value (Comité Champagne, 2023). Currently, the Champagne region has 16,200 growers, 130 cooperatives, and 370 houses. On the back of increasing demand, the champagne market will grow from 253.5 million liters in 2023 to 311.1 million liters by 2028, with a Compound Annual Growth Rate (CAGR) of 4.18% from 2023-2028.
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