➀ Americans are the top consumers of champagne, with 26.9 million bottles consumed in 2023, followed closely by the UK with 25.5 million bottles. The trade association Comité Champagne reported that while champagne accounts for less than 10% of global sparkling wine consumption, it makes up 35% of the market value. This is generated using only 0.5% of the world’s total vineyard area. ➁ France exported approximately $4.4 billion worth of champagne in 2023, with the U.S. importing nearly $1 billion of it. ➂ The high market value of champagne is attributed to its rarity and status as a luxury product.