In this article, we are going to talk about the 15 biggest wine companies in the world. You can skip our detailed discussion of the wine industry outlook and go directly to 5 biggest wine companies in the world.
There is nothing better than capping the day off with a glass (or bottle) of wine paired with your cheese platter. An average bottle of wine contains approximately 5.5% to 20% alcohol by volume. Research shows that wine has antioxidants that preserve your body against cardiovascular diseases. Of course, your health won’t rely on red wine alone. You would still have to discipline yourself with a balanced, clean, and healthy diet.
Wine is an alcoholic beverage produced by the fermentation of grapes or other fruit juice such as peach, apple, plums, and pineapple. Many things have changed since the days of grape stomping. Winemakers used to crush fresh grapes barefooted. This method of grape extraction can be traced back to the ancient Romans. But thanks to technology and AI-powered industrial machines, that method has become outdated.
Technology Revolution in the Wine Industry
Industry 4.0 has a lot to offer to the wine industry — from drones to monitoring technology for vineyards, from increasing production rate by machine-operated bottling and tracking the grape quality for years. For instance, DigitalGlobe (NYSE: DGI), a global leader in high-resolution imagery, and Consilium Technology have teamed up to develop Geospatial Artificial Intelligence for Agriculture, or GAIA. Wine Australia is utilizing this AI software to provide monitoring insights for vineyards across the country.
The most important parts of winemaking are the fermentation and maturation processes. Napa Valley’s Palmaz Vineyards are popularly known for their AI-powered fermentation process. The vineyard has an AI system called FILCS or Fermentation Intelligence Logic Control System that monitors and controls the temperature during the fermentation process. Palmaz Vineyard is surely the king in winemaking with a highly digital approach. If you’re interested in AI stocks, go ahead and check our topic about the Top 10 Robotics and Artificial Stocks to Buy.
The global wine industry is expected to grow at a compound annual growth rate (CAGR) of 6.06%, from $364.25 billion in 2019 to $444.93 billion by 2027. One of the most significant drivers in the anticipated growth of the wine market is the high demand of consumers buying through e-commerce platforms. This is mainly due to government-mandated lockdowns and alcohol restrictions that have affected buying behaviors of consumers.
According to data from Tridge, the global export value of the wine industry is $24.88 billion. France is the leading exporter of wine globally with a 27.37% export share valued at $6.81 billion. Among the top exporters are Italy (19.89%), Spain (7.71%), and Australia (6.61%). On the other hand, the U.S. is the top importer of wine globally with an import share of 18.24% valued at $4.74 billion. Among the other top countries that import wine include the United Kingdom (10.75%), China (8.53%), and Germany (7.22%).
Pixabay/Public Domain
Some of the biggest wine producers are also the largest beer companies in the world. With the recent e-commerce trends in the liquor and alcoholic beverage industries, you might want to start watching these wine companies on our list.
To give you the best ranking of the biggest wine companies in the world, we reviewed the most recent wine revenues of each company. We also considered the market cap of publicly-traded wine companies for your reference. So let’s review the 15 biggest wine companies in the world.
15. Viña Concha y Toro S.A. (SSE: CONCHATORO.SN)
Revenue: $920 million
Headquarters: Santiago, Chile
Vina Concha manufactures a variety of premium wines in Chile and Argentina and distributes them globally, mainly in Europe, the U.S., Asia, and Africa. The company owns approximately 64 vineyards with a total land area of 11,400 hectares. In 2014, Concha y Toro launched a technological center, Centro de Investigation e Innovation (CII), where they developed AI projects and data-driven marketing.
Pixabay/Public Domain
14. The Wine Group (Private)
Revenue: $1 billion
Headquarters: Livermore, CA
One of the 15 biggest wine companies in the world is The Wine Group, producing approximately 53 million cases annually. TWG owns a portfolio of the biggest wine brands in the world such as Franzia, Almaden, and Cupcake. TWG distributes its products in Western Europe, North America, and Asia.
Copyright: neznamco / 123RF Stock Photo
13. Rémy Cointreau SA (EPA: RCO.PA)
Revenue: $1.139 billion
Headquarters: Paris, France
Rémy Cointreau Group is popularly known for its cognacs but it is also one of the largest wine and liquor producers in the world. The French wine company is the sole supplier of the brands Piper-Heidsieck and Charles Heidsieck, as well as Piper Sonoma (the sparkling wine brand). In 2020, Rémy Cointreau Group acquired a majority stake in Champagne J. De Telmont, including its brands, inventories, production facilities, and realty assets on its estate, as well as vineyards in the Champagne region.
Pixabay/Public Domain
12. Treasury Wine Estates Limited (ASX: TWE.AX)
Revenue: $1.9 billion
Market cap: $6.3 billion
Headquarters: East Melbourne, AU
Treasury Wine Estate is the Australian winemaker that works with wineries in Australia and New Zealand, as well as in California, Asia, Europe, and Latin America. TWE offers over 70 wine brands, with about 14,000 hectares of vineyards, and over 3,500 employees internationally. TWE’s most popular brands are Beringer, Lindeman’s, Acacia, and Castello di Gabbiano.
Pixabay/Public Domain
11. The Carlyle Group Inc. (NASDAQ: CG)
Revenue: $3.37 billion
Market cap: $12.93 billion
Headquarters: Washington, D.C.
The Carlyle Group is a powerful international multi-product alternative asset management firm. In 2018, CG completed the acquisition of Australia’s biggest wine company, Accolade. Currently based in Australia, Accolade Wines owns a portfolio of more than 50 brands with 1,550 employees worldwide. Its range of brands includes the UK’s leading Australian brand Hardy’s and the award-winning premium wines Grant Burge, St Hallett, Petaluma, and Arras.
Pixabay/Public Domain
10. Brown-Forman Corporation (NYSE: BF-B)
Revenue: $3.4 billion
Market cap: $35.41 billion
Headquarters: Louisville, KY
Brown-Forman Corp produces bottles, imports, exports, markets and sells a wide range of alcoholic beverages, especially wine and spirits. The company boasts a portfolio of over 40 wine and ready-to-drink cocktail brands. Its most popular wine brands include Korbel and Chambord.
9. E & J Gallo Winery (Private)
Revenue: $5 billion
Founded in the 1930s, E & J Gallo is an American wine company launched by two brothers in Modesto, California with borrowed $6,000-capital from their mother. E & J Gallo is one of the largest producers and distributors of California wines, grapes, and brandies in the world today. The wine giant is specializing in manufacturing Cabernet Sauvignon, Pinot Noir, and Chardonnay. Its most famous Cali-wine is Barefoot Wine. The company has approximately 6,500 employees.
8. Constellation Brands Inc (NYSE: STZ)
Revenue: $8.3 billion
Market cap: $44.1 billion
Headquarters: Victor, NY
Constellation Brands is one of the 15 biggest wine companies in the world that produces high-quality wines. Constellation operates as a multi-category alcoholic beverage supplier that markets more than 200 brands of alcohol.
7. Thai Beverage PCL (SGX: Y92)
Revenue: $8.6 billion
Market cap: $12.3 billion
Headquarters: Bangkok, Thailand
Thai Beverage PLC is a Bangkok-based company engaged in the manufacturing and distribution of alcoholic and non-alcoholic drinks and food. In 2018, ThaiBev acquired more than half of the stake of Asiaeuro Wines & Spirits through its Chinese unit, International Beverage Holdings. The merger formed the Asiaeuro International Beverage (Guangdong) Co. Ltd which focuses on the distribution of wine and spirits worldwide.
Copyright: iakovenko / 123RF Stock Photo
6. Pernod Ricard SA (EPA: RI.PA)
Revenue: $10.16 billion
Market cap: $50.56 billion
Headquarters: Paris, France
Pernod Ricard is one of the 15 biggest wine companies in the world. It has established brands such as Malibu, Chivas Regal, Absolut Vodka, and Imperial Blue on a global scale. Its most famous wines are Campo Viejo and Kenwood Vineyards.
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Disclosure: No position. 15 Biggest Wine Companies in the World is originally published at Insider Monkey.
