LONDON--(BUSINESS WIRE)--Technavio has announced the top nine leading vendors in their recent Global Sparkling Wine Market 2016-2020 report. This research report also lists 13 prominent vendors that are expected to impact the market during the forecast period.
Competitive vendor landscape
The global sparkling wine market is fragmented, with many producers, wineries, and distributors. The competition is intense because of the presence of numerous small and large vendors. The vendors in the market compete on the basis of several factors, including price, quality, innovation, service, reputation, distribution, and promotion.
According to Vijay Sarathi, lead research analyst at Technavio for alcoholic beverages research, “Intense vendor competition has led to the industry witnessing an increase in M&A, where smaller entities are being acquired by, or are being merged with, larger players. Therefore, to survive and succeed in an intensely competitive environment, it becomes imperative for vendors to distinguish their products and service offerings through a clear and unique value proposition.”
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Freixenet
Freixenet is headquartered in Sant Sadurní d'Anoia, Barcelona, Spain. The company manufactures cava, a variety of sparkling wine. The company launched its first product, Carta Nevada, in 1941.
Freixenet wines are available in numerous countries, including Switzerland, Argentina, Belgium, Canada, China, France, Latvia, Japan, Russia, and Australia, among others.
LVMH
Headquartered in Paris, France, LVMH is a global luxury products company. The company operates through five segments, namely, wines and spirits, fashion & leather goods, perfumes & cosmetics, watches & jewelry, and selective retailing.
The company offers champagne and cognac under its wines and spirits segment. Champagne accounted for a share of 46% in the segment.
Henkell
Henkell was founded in 1832 by Adam Henkell and is headquartered in Wiesbaden, Hesse, Germany. It produces wines and exports them worldwide. The company is the market leader in the sparkling wines segment in Slovakia, Sweden, Estonia, Hungary, the Czech Republic, Austria, Canada, and the Ukraine.
The company is also the market leader in the alcohol-free sparkling wine segment in France and for Prosecco in the US. It is also the market leader for wine in Hungary, the Czech Republic, and Slovakia.
E. & J. Gallo Winery
E. & J. Gallo Winery is the one of largest wine companies in the world. It was founded in 1933 by brothers Ernest and Julio Gallo and is headquartered in Modesto, California, US.
In the United States, the company operates in the Central Coast, Napa Valley, and Sonoma County regions in California and in Washington.
Treasury Wine Estates
Treasury Wine Estates was established in 1843 and is headquartered in Southbank, Victoria, Australia. This vertically integrated wine company engages in viniculture and winemaking. Its business model spans the whole gamut of operations, including grape growing and sourcing, wine production, packaging, and marketing and distribution.
The company announced the acquisition of Diageo’s wine business on October 14, 2014, including its core brands Sterling Vineyards, Beaulieu Vineyards, Provenance, Acacia, and Hewitt.
The Wine Group
The Wine Group is headquartered in Livermore, California, US. The company was established in 1981. It is the third-largest wine manufacturer globally in terms of volume. Its leading brands are Franzia, Flipflop, Almaden, and Cupcake.
Korbel
Korbel’s headquarters is in Guerneville, Sonoma County, California, US. The company operates as a wine manufacturer. The company is a division of F. Korbel Brothers, a maker of still wines and brandy.
The company offers champagne products under the California Champagne category.
CODORNÍU
CODORNÍU is headquartered in Esplugues de Llobrega, Barcelona, Spain. The company was founded in 1872. They are a manufacturer of wine and champagne and offer its products in Latin America, North America, Europe, and Asia.
Nyetimber
This leading British wine manufacturing company is headquartered in West Chiltington, West Sussex, England. The company sells products through hotels, restaurants, and wine merchants.
The company's most prominent brand, Nyetimber 2010 Classic Cuvée, was awarded the Best English Sparkling Wine on September 2, 2015, at the Champagne and Sparkling Wine World Championships.
Browse related reports:
- Global Alcoholic Drinks Market 2016-2020
- Wine Market in Europe 2015-2019
- Alcoholic Beverage Market in the US 2016-2020
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Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.
Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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