After beer, wine is the second most consumed drink in the world. It is also one of the most liked drinks.
Additionally, the wine industry is very interesting. It provides a lot of opportunities for the winemakers to meet a wide variety of niches and experiment to find new products to fulfill consumer demands. Some wine brands serve those customers who buy a bottle to drink occasionally while others present themselves in the market as perfect for celebrations like New Year. One brand that has everything you need starting right from your daily glass of wine to celebrating your biggest achievement, is www.cavesa.ch/en
Also, there are a lot of brands unheard of available here, allowing you to explore new wines and find your taste. With so much space, it is no surprise that, on average, wine companies launch around 240 wine brands every year. Whether you are an investor or a wine enthusiast, or even if you are just looking to enter the wine industry, you should first research the biggest wine producers and better understand the reasons for their success. Here are some of the best wine-making companies that will offer you a variety to choose from.
Castel Freres
Castel Frere, a humble man from Bordeaux, France, started as a small wine merchant in the famous Bordeaux wine region but is now an international wine giant producing more than 1% of the world's total supply. Its total revenues account for somewhere around $15.8 Billion.
Pernod Richard
Again, based in France, Pernod Richard produces less wine than other giants in the wine industry, but Pernod Pastis and Jacob's Creek champagne, their flagship brands, are a must for the average wine lover who likes to have a glass of wine now and then. It is very familiar among regular wine drinkers. The company rose to fame when it introduced Pernod. Today, Pernod Richard has a record annual sale of $9.01 Billion.
Constellation Mark
Another of his leading US-based wine companies, Constellation Brands, holds a total 1.7% share of the global wine market. Their annual global sales for 2021 were $8.615 Billion. Constellation Brands was founded in New York's Finger Lakes neighborhood in the Victor region. The region was once one of the country's s leading wine-producing regions, but it has now been replaced by West Coast states.
Viña Concha Y Toro
Based in Santiago, Chile, Viña Concha Y Toro is the most famous South American Winemaker all over the world. Chilean wine merchandise has experienced an explosive rise over the last couple of decades. The sole reason behind this is the popularity of many wine brands from Viña Concha Y Toro. With over 9,000 hectares of vineyards, this giant company holds just over 1% market share of all wine on the planet; they have recorded an annual sale of $1.09 Billion.
Conclusion
As of 2020, the market size of the global wine industry is over $417.85 billion. More than 840 million gallons of wine are sold in the United States alone every year. The global wine industry is expected to grow at a CAGR of 6.4% by 2028. So if you decide to dive into the industry, now is the right time.