Champagne shortage in some markets ahead of New Year's Eve, sellers say

Time to pick out the best cheap champagne, as some higher-end brands are sold out
CHICAGO -- It's time to toast to the future and ring in 2022, but good luck finding bubbly to celebrate with.

Liquor sellers say champagne brands such as Moet & Chandon and Veuve Clicquot, which can retail for $50 to more than $100 per bottle, are sold out in many markets.

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But you can likely still find bottles of less expensive options, CNN reported.

Some say it's due to increased demand, diminished grape harvests and a disrupted supply chain.

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Meanwhile, demand for champagne and sparkling wines has surged 120% since 2019.