Sparkling wine is now a vital element of Europe’s beverage industry due to its rich history of wine, its ability to produce quality products, its thriving tourism industry, and its celebration culture. The European consumers have begun taking a liking towards premium wines, organic wines, vegan wines, low alcohol wines, and other types of sparkling wine.
According to SNS Insider, the Europe Sparkling Wine Market was valued at approximately USD 19.11 billion in 2025, accounting for 45.0% of the global market, and is projected to reach around USD 33.45 billion by 2035, expanding at a CAGR of 5.80% during 2026–2035. Globally, the Sparkling Wine Market was valued at USD 42.47 billion in 2025 and is expected to reach USD 77.80 billion by 2035, growing at a CAGR of 6.24% during the forecast period. Europe’s advantageous position is underpinned by some of the traditional sparkling wine producing countries such as Italy, France, and Spain. Prosecco, Champagne, and Cava are still enjoying their advantages through their brand reputation, but changing lifestyles have been creating need for more accessible sparkling wines.
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Europe Sparkling Wine Market Analysis
European market still retains its dominance in the world industry of sparkling wines because of its rich history of wine culture, solid production structure and the developed network of wineries, distributors, supermarkets, restaurants, hotels, specialized wine shops. Italy, France and Spain retain importance as markets due to their tradition in production and demand both in local and international level.
The phenomenon of premiumization plays an important role in the development of European market. The image of the product is increasingly associated with the notion of celebration, luxury, gifting, fine dining, weddings and tourism. On the other hand, younger generations provide the product with novel occasions such as brunches, parties, cocktails and casual dining. The issue of sustainability plays an increasingly important role in European wine industry.Vegan and organic wines, environmentally friendly production, packaging and light-weight bottles provide additional stimuli to modify the portfolio of producers.
Top 5 Leading Sparkling Wine Companies
1. Moët & Chandon
The Moët & Chandon brand is one of the most well-known Champagne brands, and it plays a very significant role in the European market’s premium sparkling wines category. It has become well known and associated with parties, hospitality, giving, and premium dining because of its luxurious history and positioning in luxury drinks.
Its branding and extensive global distribution network ensure that it remains relevant in the European market’s premium sparkling wines category.
2. Henkell Freixenet
Henkell Freixenet has a considerable presence within the sparkling wine sector of Europe through a comprehensive portfolio comprising various sparkling wine brands and European wine brands. The portfolio allows the company to reach various customer segments ranging from mass market to premium offerings.
The distribution network of the business in Europe coupled with the strength of its brand portfolio enables it to take advantage of the growing consumer demand for sparkling wines.
3. Caviro Extra S.p.A.
Caviro Extra exists within the significant wine industry in Italy, which makes the country among the major markets of sparkling wine in Europe. The presence of the powerful industry of Prosecco wine, wine tourism, and exports is beneficial for businesses operating in the country’s wine value chain.
The rising interest of consumers to sparkling wines of Italy, together with the demand for affordable premium wine, presents opportunities for Italian businesses.
4. Bottega S.p.A.
The company known as Bottega S.p.A. is a prominent manufacturer of Italian sparklers. This organization makes both Prosecco and premium wines. The design of their packaging, which highlights premium appearance, suits well the increasing demands of Europeans for good-looking wines meant to be used for occasions.
This link with the world of Italian wines contributes also to popularity of this company among customers.
5. Codorníu S.A.
Codorníu S.A. exemplifies the tradition of Spanish sparkling wines due to its close connection with Cava. The history and reputation of the firm in the Spanish wine industry become a basis for providing products for both domestic customers and for export purposes.
The increasing demand for Spanish sparkling wines and the factors such as tourism, premiumization, and innovations open the way for Codorníu and Cava producers to gain competitiveness in Europe’s sparkling wines market.
What the Future of the European Sparkling Wine Industry Holds
The future of sparkling wines in Europe will be driven by premiumization, sustainability, changing consumer preferences, digital distribution, and changing drinking occasions. The increasing demand for organic, vegan, low alcohol, and premium sparkling wines will lead producers to launch new products for increasingly diverse consumer segments.
Prosecco, Champagne, and Cava will keep playing an essential role within the European sparkling wine market, while rosé sparkling wines and new formats could generate extra opportunities with younger consumers. The development of e-commerce and digital wine retailing will be another key point as online shopping becomes an increasingly common practice for discovering and purchasing wines.
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