$480+ Bn Sparkling Wine Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecasts, 2034 [Yahoo! Finance]
Constellation Brands, Inc. (STZ)
Last constellation brands, inc. earnings: 4/3 07:30 am
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Source: Yahoo! Finance
The Sparkling Wine Market was valued at USD 290.1 billion in 2024, and is projected to reach USD 480.6 billion by 2034, rising at a CAGR of 7.5%. Steady per capita consumption is driving demand, with the value per liter projected to increase by 20% by 2030. Wine producers often label sparkling wine as champagne, further influencing consumer perception and market growth. Export values indicate strong international trade, with major economies holding significant shares. Consumer preferences highlight a growing inclination toward sparkling wines, with a notable trend among women, who account for 56% of total volume consumption. Older demographics exhibit higher consumption levels compared to younger age groups. European producers maintain a competitive edge, leveraging deep-rooted traditions and robust marketing strategies to expand their presence worldwide. Prosecco continues to gain traction, securing a 30.4% revenue share in 2024, driven by its lighter profile and suitability for m
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News
- Constellation Brands (NYSE:STZ) had its "hold" rating reaffirmed by analysts at Deutsche Bank Aktiengesellschaft.MarketBeat
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STZ
Earnings
- 10/6/25 - Beat
STZ
Sec Filings
- 11/14/25 - Form SCHEDULE
- 11/13/25 - Form SCHEDULE
- 11/7/25 - Form 8-K
- STZ's page on the SEC website