Impact of COVID-19 on Sparkling Wine Sales North America 2021–2028
The sparkling wine market in North America is expected to grow from US$ 8,855.66 million in 2021 to US$ 11,902.84 million by 2028; it is estimated to grow at a CAGR of 4.3% from 2021 to 2028.
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The growing trend of enjoying vintage wine on special occasions, coupled with increasing consumer acceptance of wine, is fueling the expansion of the sparkling wines market in countries like Canada. Over the 21st century, wine consumption in the region has seen steady growth, driven by the rising popularity and accessibility of sparkling wine varieties—particularly through online retail channels.
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