Hyderabad, India -- (SBWIRE) -- 03/21/2018 -- Champagne is a product created from grapes that are cultivated in the Champagne region of France. The grapes that are used are extremely specific like Pinot Noir, Pinot Meuniere, and Chardonnay. These grapes are fermented to create the wine that contains 9%-11% of alcohol by volume. Numerous wine manufacturing country, produces sparkling wine like champagne, however, the other wine which could
resemble this beverage cannot be sold or named as champagne.

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The rising economic growth in developing economies has been a key issue driving the expansion of the global champagne market in recent years. The increasing acceptance for consumption of alcohol in the cultural beliefs of customers in these regions is fueling the expansion of this market.
Availability of a large range of flavored champagne is leading to the increased customer base and this is expected to fuel market growth over the forecast time period.

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All champagne is sparkling wine, however, all sparkling wine is not a champagne. Grapes that are cultivated consistently with the appellation rules are solely allowed to create champagne. The foremost well-liked type of champagne these days is the Brut. Brut Champagne is considered as a dry champagne and features a dry taste, with extremely low sugar levels. Bars and lounge are those businesses that are specialized in marketing a range of alcoholic drinks that patrons will consume in a social setting.
Many lounges additionally supply a large style of cheap flavored champagne that became increasingly well-liked among people for social gathering. The aforementioned factors are leading to raised penetration of the bars and lounge culture that successively is boosting the expansion of the champagne market.

Europe accounted for the biggest share of the market in terms of revenue because of high champagne consumption in countries like France and U.K. Asia-Pacific region is expected to have the highest growth rate thanks to the increasing champagne culture in India and China in the region.

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The top companies in the current Champagne Market include Moët Hennessy USA, LANSON-BCC, Vranken - Pommery Monopole, Champagne Laurent-Perrier S.A.S., Pernod Ricard, Rémy Cointreau, Centre Vinicole Champagne Nicolas Feuillatte, Louis Roederer, and Taittinger.

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