Italian sparkling wine beats French Champagne: A historic overtaking in the USA

Published Oct 18, 2024

Tridge summary

Italian sparkling wines have for the first time surpassed French ones in both volume and value in the US market, according to the Uiv-Vinitaly Observatory. This milestone is largely due to the growing popularity of Prosecco, which has reached a 28% market share, surpassing Champagne. Italian sparkling wines now account for 37% of Italian wine sales in the US in value.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

A new important milestone for Italian wine in what is its main foreign outlet market: the USA. In the United States, in fact, Italian sparkling wines have surpassed French ones not only in volume (a milestone already reached a few years ago) but also in value for the first time. This was revealed – on the eve of Vinitaly.USA (Chicago, 20-21 October) – by the analysis of the Uiv-Vinitaly Observatory on the SipSource data for August, which will be presented at the first overseas fair entirely dedicated to wine made in Italy. The historic overtaking, recorded through the monitoring of actual wine sales recorded by US distributors, marks the switch in the leadership of bubbles, with Italy seeing its market share rise to 35% against the 31% of the French and 28% of American sparkling wines. A milestone – the Observatory notes – achieved above all thanks to the unstoppable rise of Prosecco, which not coincidentally managed to simultaneously reach and surpass Champagne for the first time ...

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