UK Sparkling Wine Maker Sees Strong Sales as Millennials Shun Champagne for Fresher Vintages
Chapel Down, a Kent-based wine maker, has bucked the trend of declining sales to report a 19% increase in revenue last year. The company's chief executive, James Pennefather, attributes this growth to what he calls a "generational shift" towards sparkling wine among millennials.
These young consumers are increasingly opting for lighter, fresher, and crisper wines as they shun champagne for more authentic and artisanal products. English sparkling wines, in particular, have become a hit with these millennials who value heritage, craft, and authenticity – all qualities that Chapel Down's vineyard tours and fine dining experiences offer.
While the hospitality industry has been struggling to stay afloat due to cost-of-living pressures, demand for higher-end and premium wines, including rosé and sparkling options like Brut, is holding steady. According to Pennefather, this trend is being driven by wealthier consumers who are willing to pay more for quality and exclusivity.
With its prices ranging from £15 for still Bacchus to over £100 for top-of-the-line Coeur de Cuvée sparkling wines, Chapel Down has carved out a niche in the market. The company's growth has been particularly notable in the retail sector, where sales rose by 38% last year.
In an effort to meet increasing demand, Chapel Down plans to expand its distribution channels and offer more drinks-by-the-glass options. However, there are no immediate plans to grow the vineyard, as the company is content with its current 1,000 acres of land – a 30% increase since 2022.
The UK wine industry has been experiencing rapid growth in recent years, with Britain becoming the fastest-growing wine region in the world. The demand for English wines is expected to continue growing, driven by innovations in viticulture and an increasing trend towards sustainable winemaking practices.
As Chapel Down looks to capitalize on this trend, it will be worth keeping a close eye on its sales figures and vineyard expansion plans – particularly with major champagne houses like Pommery and Taittinger already planting vines in England.
Chapel Down, a Kent-based wine maker, has bucked the trend of declining sales to report a 19% increase in revenue last year. The company's chief executive, James Pennefather, attributes this growth to what he calls a "generational shift" towards sparkling wine among millennials.
These young consumers are increasingly opting for lighter, fresher, and crisper wines as they shun champagne for more authentic and artisanal products. English sparkling wines, in particular, have become a hit with these millennials who value heritage, craft, and authenticity – all qualities that Chapel Down's vineyard tours and fine dining experiences offer.
While the hospitality industry has been struggling to stay afloat due to cost-of-living pressures, demand for higher-end and premium wines, including rosé and sparkling options like Brut, is holding steady. According to Pennefather, this trend is being driven by wealthier consumers who are willing to pay more for quality and exclusivity.
With its prices ranging from £15 for still Bacchus to over £100 for top-of-the-line Coeur de Cuvée sparkling wines, Chapel Down has carved out a niche in the market. The company's growth has been particularly notable in the retail sector, where sales rose by 38% last year.
In an effort to meet increasing demand, Chapel Down plans to expand its distribution channels and offer more drinks-by-the-glass options. However, there are no immediate plans to grow the vineyard, as the company is content with its current 1,000 acres of land – a 30% increase since 2022.
The UK wine industry has been experiencing rapid growth in recent years, with Britain becoming the fastest-growing wine region in the world. The demand for English wines is expected to continue growing, driven by innovations in viticulture and an increasing trend towards sustainable winemaking practices.
As Chapel Down looks to capitalize on this trend, it will be worth keeping a close eye on its sales figures and vineyard expansion plans – particularly with major champagne houses like Pommery and Taittinger already planting vines in England.