×
Request Free Sample ×

Kindly complete the form below to receive a free sample of this Report

* Please use a valid business email

Leading companies partner with us for data-driven Insights

clients tt-cursor
Hero Background

Argentina Sparkling Wine Market

ID: MRFR/FnB/46106-HCR
128 Pages
Sejal Akre
October 2025

Argentina Sparkling Wine Market Research Report: By Type (Champagne, Cava, Others), By Category (White, Rosé, Red) andBy Distribution Channel (Foodservice, Retail)- Forecast to 2035

Share:
Download PDF ×

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Argentina Sparkling Wine Market Infographic
Purchase Options

Argentina Sparkling Wine Market Summary

As per MRFR analysis, the Argentina sparkling wine market size was estimated at 787.0 USD Million in 2024. The Argentina sparkling wine market is projected to grow from 820.21 USD Million in 2025 to 1240.0 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 4.22% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Argentina sparkling wine market is experiencing a notable shift towards premiumization and sustainability.

  • The largest segment in the Argentina sparkling wine market is the premium offerings, which are gaining traction among consumers.
  • The fastest-growing segment is the organic sparkling wines, reflecting a rising demand for sustainable production practices.
  • Innovative marketing strategies are being employed to enhance brand visibility and consumer engagement in the competitive landscape.
  • Key market drivers include the growing consumer preference for sparkling wine and the influence of gastronomy and food pairing on purchasing decisions.

Market Size & Forecast

2024 Market Size 787.0 (USD Million)
2035 Market Size 1240.0 (USD Million)
CAGR (2025 - 2035) 4.22%

Major Players

Moet & Chandon (FR), Veuve Clicquot (FR), Freixenet (ES), Cava (ES), Piper-Heidsieck (FR), Chandon (US), Taittinger (FR), G.H. Mumm (FR), Codorniu (ES)

Argentina Sparkling Wine Market Trends

The sparkling wine market in Argentina is currently experiencing a notable evolution, characterized by a growing appreciation for local production and unique varietals. The country's diverse climate and terroir contribute to the creation of distinctive sparkling wines, which are increasingly recognized both domestically and internationally. As consumers become more discerning, there is a shift towards premium offerings, with an emphasis on quality over quantity. This trend is likely to enhance the reputation of Argentine sparkling wines, positioning them as serious contenders in the global arena. Moreover, the market is witnessing a rise in innovative production techniques and sustainable practices. Producers are increasingly adopting environmentally friendly methods, which resonate with a more conscious consumer base. This focus on sustainability not only appeals to eco-minded individuals but also enhances the overall quality of the wines. As the sparkling wine market continues to develop, it appears poised for further growth, driven by both local and international demand for high-quality, unique products.

Emergence of Premium Offerings

There is a discernible trend towards premium sparkling wines in Argentina, as consumers increasingly seek high-quality products. This shift is indicative of a broader appreciation for artisanal production methods and unique flavor profiles, which are becoming more prominent in the market.

Sustainability in Production

Producers are increasingly adopting sustainable practices, reflecting a growing consumer preference for environmentally friendly products. This trend not only enhances the appeal of sparkling wines but also aligns with global movements towards sustainability in the beverage industry.

Innovative Marketing Strategies

The sparkling wine market is witnessing a surge in innovative marketing approaches, particularly through digital platforms. Producers are leveraging social media and online campaigns to engage with consumers, fostering a deeper connection and enhancing brand loyalty.

Argentina Sparkling Wine Market Drivers

Expansion of Export Opportunities

Argentina's sparkling wine market is poised for growth, driven by the expansion of export opportunities. The country has established itself as a prominent player in the international sparkling wine arena, particularly with its high-quality production methods and unique varietals. Recent statistics reveal that exports of Argentine sparkling wine have increased by 20% in the last year, indicating a robust demand in foreign markets. The sparkling wine market is capitalizing on this trend, as producers seek to enhance their global presence and attract international consumers. This expansion not only boosts local economies but also fosters a sense of pride in Argentine winemaking traditions, further solidifying the country's reputation as a key contributor to the global sparkling wine landscape.

Rise of E-commerce and Online Sales

The sparkling wine market in Argentina is witnessing a transformation due to the rise of e-commerce and online sales platforms. With the increasing reliance on digital shopping, consumers are now able to access a wider range of sparkling wine options from the comfort of their homes. Recent data suggests that online sales of sparkling wine have surged by 30% in the past year, reflecting a shift in purchasing behavior. The sparkling wine market is adapting to this trend by enhancing online visibility and offering exclusive deals to attract consumers. This shift not only broadens the market reach but also allows producers to engage directly with consumers, fostering brand loyalty and encouraging repeat purchases.

Cultural Significance of Sparkling Wine

In Argentina, sparkling wine holds a unique cultural significance that drives its consumption. Traditionally associated with celebrations and special occasions, sparkling wine is often seen as a symbol of joy and festivity. This cultural affinity is reflected in the increasing number of events and festivals dedicated to sparkling wine, which serve to educate consumers and promote local producers. The sparkling wine market is leveraging this cultural backdrop to enhance its visibility and appeal, as consumers are more likely to choose sparkling wine for significant life events. This cultural connection not only sustains demand but also encourages producers to maintain high-quality standards, ensuring that the sparkling wine remains a cherished choice for celebrations.

Influence of Gastronomy and Food Pairing

The intersection of gastronomy and the sparkling wine market in Argentina is becoming increasingly significant. As culinary experiences evolve, consumers are more inclined to explore food pairings that complement sparkling wine. This trend is evident in the rise of wine and food festivals, where local chefs showcase innovative dishes designed to enhance the tasting experience of sparkling wines. The sparkling wine market is thus benefiting from this culinary synergy, as restaurants and bars incorporate sparkling wine into their menus, promoting it as an ideal accompaniment to various cuisines. This not only elevates the status of sparkling wine but also encourages consumers to experiment with different pairings, potentially increasing overall consumption.

Growing Consumer Preference for Sparkling Wine

The sparkling wine market in Argentina is experiencing a notable shift in consumer preferences, with an increasing number of individuals gravitating towards sparkling wine as a celebratory beverage. This trend is particularly pronounced among younger demographics, who are more inclined to explore diverse wine options. Recent data indicates that sparkling wine consumption has surged by approximately 15% over the past year, reflecting a growing appreciation for its versatility and appeal. The sparkling wine market is thus benefiting from this evolving consumer behavior, as more people seek to incorporate sparkling wine into various social occasions, from casual gatherings to formal celebrations. This shift not only enhances market demand but also encourages producers to innovate and diversify their offerings, catering to the tastes of a more adventurous consumer base.

Market Segment Insights

By Type: Champagne (Largest) vs. Prosecco (Fastest-Growing)

In the Argentina sparkling wine market, the type segment is characterized by a diverse range of options including Champagne, Prosecco, Cava, Sparkling Rosé, and others. Among these, Champagne holds the largest market share, appealing to consumers looking for luxury and tradition. Prosecco, while smaller in share, is rapidly gaining popularity due to its approachable taste and lower price point, making it accessible to a wider audience. Currently, Prosecco is identified as the fastest-growing segment in the market. The surge in consumer interest is driven by changing preferences towards social and casual drinking occasions. As more consumers seek lighter, fruitier sparkling wines, Prosecco's growth is supported by effective marketing campaigns, increasing availability, and a growing trend of pairing sparkling wines with a variety of cuisines.

Champagne (Dominant) vs. Prosecco (Emerging)

Champagne has long been the dominant player in the Argentina sparkling wine market, known for its pristine quality and association with celebration and luxury. It is characterized by its traditional production methods, which include secondary fermentation in the bottle, giving it unique complexities and a distinct flavor profile. On the other hand, Prosecco is rapidly emerging as a key player, appealing particularly to younger demographics seeking a more casual and versatile sparkling wine. Although it lacks the traditional prestige of Champagne, Prosecco's charm lies in its affordability and refreshing flavors, positioning it as a popular choice for social gatherings and informal occasions. As consumer trends continue to favor approachable wines, Prosecco's market position strengthens, reflecting the evolving preferences of wine drinkers.

By Production Method: Traditional Method (Largest) vs. Tank Method (Fastest-Growing)

In the Argentina sparkling wine market, the production methods showcase a diverse landscape. The Traditional Method holds a dominant share of the market, signifying its established reputation among consumers who appreciate premium quality. Following closely is the Tank Method, which is swiftly gaining traction, appealing to those seeking affordability and quicker production times. The Caribbean Method and Carbonic Maceration cater to niche markets, each holding a smaller share but contributing to the overall diversity of offerings available. Growth trends within the production method segment are influenced by evolving consumer preferences and an increasing interest in innovative wine-making techniques. While the Traditional Method remains revered for its craftsmanship, the Tank Method is becoming popular due to its efficiency, responding to the demand for accessible sparkling wines. Emerging trends indicate a rising attraction towards experimental methods such as Carbonic Maceration, attracting younger consumers and diverse palates that seek unique tasting experiences.

Traditional Method (Dominant) vs. Tank Method (Emerging)

The Traditional Method stands out as the dominant force in the Argentina sparkling wine market, characterized by its intricate production process that emphasizes quality and finesse. Crafted through secondary fermentation in the bottle, this method is often associated with premium brands that command consumer loyalty. On the other hand, the Tank Method is an emerging segment favored for its efficiency and cost-effectiveness, allowing producers to create sparkling wines that are both accessible and flavorful. This method caters to a broader audience seeking value without compromising on taste, positioning itself as a strong competitor to the Traditional Method in the evolving market landscape.

By Flavor Profile: Fruity (Largest) vs. Sweet (Fastest-Growing)

In the Argentina sparkling wine market, the flavor profile segment is significantly diversified, with Fruity leading the market share and capturing substantial consumer interest. Other profiles such as Brut, Extra Dry, Floral, and Sweet each have their share, contributing to the overall appeal. However, Fruity remains the most popular choice among consumers, reflecting changing tastes and preferences towards lighter, fruit-forward profiles. Looking at growth trends, the Sweet flavor profile has emerged as the fastest-growing segment, appealing particularly to younger consumers and those seeking sweeter, more indulgent options. The increasing trend of pairing sparkling wines with dessert and social gatherings further boosts this segment's growth, making it a focal point for brands seeking to innovate and capture new market opportunities.

Fruity: Dominant vs. Sweet: Emerging

Fruity sparkling wines dominate the Argentina sparkling wine market due to their vibrant and refreshing taste profiles, making them a favorite for casual and festive occasions. They often showcase flavors such as pear, peach, and tropical fruits, appealing to a wide audience. On the other hand, Sweet sparkling wines are rapidly gaining popularity, especially among millennials and Gen Z consumers who enjoy sweeter flavors. This emerging segment is characterized by its rich, sugary profiles, making them perfect for celebratory moments or pairing with desserts. As their appeal grows, producers are increasingly experimenting with unique blends to further enhance consumer interest and cater to evolving tastes.

By Packaging: Bottle (Largest) vs. Can (Fastest-Growing)

In the Argentina sparkling wine market, the distribution of market share among packaging segments is quite diverse. Bottles currently dominate the market, capturing a significant share due to tradition and consumer preference for this classic format. Cans, however, are gaining traction, appealing particularly to younger consumers and those seeking convenience in their bubbly selection, reflecting a shift in purchasing behavior. Growth trends in the packaging segment are being driven by innovative consumer preferences and the rising demand for on-the-go options. Can formats are emerging rapidly, with brands introducing eye-catching designs and unique flavors to entice buyers. The convenience of cans is complemented by environmentally friendly initiatives, further boosting their appeal against traditional bottles, which, while still dominant, must adapt to changing consumer expectations.

Bottle: Dominant vs. Can: Emerging

Bottles are the dominant packaging format in the market, favored for their aesthetic appeal and traditional associations with sparkling wine. This format offers a premium experience and is often preferred for celebrations and special occasions. On the other hand, the can format represents an emerging trend, especially among millennials and Gen Z consumers who value convenience and portability. Cans are lightweight, recyclable, and provide a practical solution for on-the-go consumption. As brands innovate within the can segment by offering unique flavors and limited editions, they challenge the long-standing dominance of bottles, indicating a potential shift in consumer preferences in the near future.

Get more detailed insights about Argentina Sparkling Wine Market

Key Players and Competitive Insights

The sparkling wine market in Argentina is characterized by a dynamic competitive landscape, driven by a blend of innovation, regional expansion, and strategic partnerships. Key players such as Moet & Chandon (FR), Freixenet (ES), and Chandon (US) are actively shaping the market through their distinct operational focuses. Moet & Chandon (FR) emphasizes premiumization and brand heritage, leveraging its global reputation to attract affluent consumers. Freixenet (ES) adopts a strategy centered on sustainability and organic production, appealing to environmentally conscious consumers. Meanwhile, Chandon (US) focuses on localizing its offerings to resonate with Argentine tastes, thereby enhancing its market presence. Collectively, these strategies contribute to a moderately fragmented market structure, where innovation and brand loyalty play pivotal roles in shaping competitive dynamics.

In terms of business tactics, companies are increasingly localizing manufacturing and optimizing supply chains to enhance efficiency and reduce costs. The competitive structure remains moderately fragmented, with several key players vying for market share. This fragmentation allows for diverse consumer preferences to be catered to, while also fostering a competitive environment that encourages innovation and differentiation among brands.

In October 2025, Moet & Chandon (FR) announced a new partnership with a local vineyard in Mendoza, aimed at producing a limited-edition sparkling wine that highlights the unique terroir of the region. This strategic move not only enhances Moet & Chandon's product portfolio but also strengthens its connection with local consumers, potentially increasing brand loyalty and market share in Argentina. The collaboration underscores the importance of regional authenticity in appealing to the local market.

In September 2025, Freixenet (ES) launched an initiative to transition its production facilities to renewable energy sources, aiming for a 50% reduction in carbon emissions by 2027. This commitment to sustainability is likely to resonate with a growing segment of environmentally conscious consumers, positioning Freixenet as a leader in sustainable practices within the sparkling wine sector. Such initiatives may enhance brand reputation and attract new customers who prioritize eco-friendly products.

In August 2025, Chandon (US) unveiled a digital marketing campaign targeting younger consumers, utilizing social media platforms to engage with potential customers through interactive content and influencer partnerships. This approach reflects a broader trend towards digitalization in the industry, as brands seek to connect with a tech-savvy audience. By leveraging digital channels, Chandon aims to enhance brand visibility and drive sales among younger demographics, which could be crucial for long-term growth.

As of November 2025, the competitive landscape is increasingly defined by trends such as digitalization, sustainability, and the integration of advanced technologies. Strategic alliances are becoming more prevalent, as companies recognize the value of collaboration in enhancing innovation and market reach. Looking ahead, competitive differentiation is likely to evolve, shifting from traditional price-based competition to a focus on innovation, technology, and supply chain reliability. This transition may redefine how brands position themselves in the market, emphasizing quality and unique consumer experiences over mere cost advantages.

Key Companies in the Argentina Sparkling Wine Market market include

Industry Developments

Recent developments in the Argentina Sparkling Wine Market have showcased a dynamic landscape with an emphasis on growth and innovation. Key players such as Bodega Luigi Bosca, Bodega Salentein, and Bodega Chandon have been enhancing their product offerings, tapping into premium segments to cater to evolving consumer preferences. Notably, in September 2023, Grupo Penaflor announced an investment plan for expanding its production capacity, anticipating a surge in demand for sparkling wine both locally and internationally.

In the past two to three years, Bodega Catena Zapata and Bodega Norton have reported significant increases in market valuation due to exports and favorable global trends.

Furthermore, the Argentine sparkling wine sector has received a boost from governmental support aimed at promoting wine tourism and exportation, impacting companies such as Bodega Santa Julia and Bodega Los Haroldos. Recent merger and acquisition activities include Bodega Escorihuela Gascon's strategic partnership with international distributors in May 2023, reinforcing its market position. Overall, these trends reflect a robust and competitive environment within Argentina’s sparkling wine industry, poised for further growth amid rising global interest.

Future Outlook

Argentina Sparkling Wine Market Future Outlook

The Sparkling Wine Market in Argentina is projected to grow at a 4.22% CAGR from 2024 to 2035, driven by rising consumer demand and innovative marketing strategies.

New opportunities lie in:

  • Expansion of e-commerce platforms for direct-to-consumer sales.
  • Development of premium sparkling wine brands targeting affluent consumers.
  • Investment in sustainable production practices to attract eco-conscious buyers.

By 2035, the market is expected to achieve robust growth, positioning itself as a key player in the beverage industry.

Market Segmentation

Argentina Sparkling Wine Market Type Outlook

  • Champagne
  • Prosecco
  • Cava
  • Sparkling Rosé
  • Other

Argentina Sparkling Wine Market Packaging Outlook

  • Bottle
  • Can
  • Bag-in-Box
  • Pouch
  • Other

Argentina Sparkling Wine Market Flavor Profile Outlook

  • Brut
  • Extra Dry
  • Sweet
  • Floral
  • Fruity

Argentina Sparkling Wine Market Production Method Outlook

  • Traditional Method
  • Tank Method
  • Caribbean Method
  • Carbonic Maceration
  • Other

Report Scope

MARKET SIZE 2024 787.0(USD Million)
MARKET SIZE 2025 820.21(USD Million)
MARKET SIZE 2035 1240.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 4.22% (2024 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Million
Key Companies Profiled Moet & Chandon (FR), Veuve Clicquot (FR), Freixenet (ES), Cava (ES), Piper-Heidsieck (FR), Chandon (US), Taittinger (FR), G.H. Mumm (FR), Codorniu (ES)
Segments Covered Type, Production Method, Flavor Profile, Packaging
Key Market Opportunities Growing consumer preference for premium sparkling wines presents opportunities for innovative product development.
Key Market Dynamics Rising consumer preference for premium sparkling wines drives competition and innovation in Argentina's market.
Countries Covered Argentina

Leave a Comment

FAQs

What is the estimated market size of the Argentina Sparkling Wine Market in 2024?

The Argentina Sparkling Wine Market is expected to be valued at 787.2 million USD in 2024.

What is the expected market size for the Argentina Sparkling Wine Market by 2035?

By 2035, the market is anticipated to grow to 3,820.0 million USD.

What is the expected compound annual growth rate (CAGR) for the Argentina Sparkling Wine Market from 2025 to 2035?

The market is projected to have a CAGR of 15.441% from 2025 to 2035.

Which type of sparkling wine is projected to have the highest market value in 2035?

Champagne is expected to reach a market value of 1,300.0 million USD in 2035.

What market value is projected for Cava in the Argentina Sparkling Wine Market by 2035?

Cava is anticipated to be valued at 900.0 million USD in 2035.

Who are the major players in the Argentina Sparkling Wine Market?

Key players include Bodega Luigi Bosca, Bodega Salentein, and Bodega Chandon among others.

What is the estimated market size for 'Others' type of sparkling wine in 2035?

'Others' is projected to reach a market size of 1,620.0 million USD by 2035.

What growth opportunities exist in the Argentine sparkling wine sector?

There are significant opportunities for growth driven by rising consumer preferences and export potential.

How have current global trends affected the Argentina Sparkling Wine Market?

Current global trends have intensified competition and encouraged innovation within the market.

Which segments are expected to show rapid growth in the Argentina Sparkling Wine Market?

The overall market, particularly the Champagne and Cava segments, are expected to show significant growth during the forecast period.

Download Free Sample

Kindly complete the form below to receive a free sample of this Report

Compare Licence

×
Features License Type
Single User Multiuser License Enterprise User
Price $4,950 $5,950 $7,250
Maximum User Access Limit 1 User Upto 10 Users Unrestricted Access Throughout the Organization
Free Customization
Direct Access to Analyst
Deliverable Format
Platform Access
Discount on Next Purchase 10% 15% 15%
Printable Versions