5 Biggest Liquor Companies in the World

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1. Kweichow Moutai

Market cap: $384 billion

Topping our list of the 15 biggest liquor companies in the world is Kweichow Moutai. The Chinese liquor maker’s main business is the production and distribution of premium Moutai and Baijiu spirits. Moutai is one of the most expensive drinks in China where a majority of the company’s revenue comes from. According to disposable income data from the municipal government of Renhuai in Guizhou province, Maotai was the wealthiest town in western China as of 2019, where the Maotai drink was originated. Owning a bottle of Maotai liquor is treated as an investment in China because it is treated as an asset in the region.

Kweichow Moutai’s revenue in 2020 increased 13.7% to $17.4 billion. Shares of Kweichow Moutai soared 84% over the past twelve months.

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You can also take a peek at the 15 Fastest-Growing Biotech Companies in the US and Top 15 Pharmaceutical Companies with Highest R&D Spending.

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