The 10 Largest Wine Companies In The World

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Largest Wine Companies Research Summary

The largest wine company in the world is Castel Freres, with a gross annual sales of $15.87 billion.
As of 2026, the global wine industry has a market size of $434.99 billion.
Over 840 million gallons of wine are sold in the U.S. each year.
The global wine industry is projected to grow at a CAGR of 5.52% through 2027.

Wine remains the second most popular alcoholic beverage globally, trailing only beer, and continues to be one of the most widely consumed drinks. The wine industry is particularly fascinating due to its diverse niches and the growing demand for unique offerings.

With brands catering to a wide array of tastes, budgets, and occasions, the market is vibrant. Some brands focus on casual consumption, while others position themselves as perfect for celebrations, such as New Year’s.

Given the multitude of opportunities, wine companies introduce an average of 240 new wine brands annually.

If you’re an investor or a wine lover eager to enter the industry, studying the largest producers will provide valuable insights into their success strategies.

This article highlights the top ten wine companies in the world, offering a deeper understanding of the industry landscape.

These 10 wine giants are:

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The 10 Largest Wine Companies in the World: A Closer Look

Castel Freres. Headquarters: Bordeaux, France

2021 Annual Revenue: $15.87 billion

Castel Freres started as a modest wine merchant in the renowned Bordeaux region and has evolved into an international powerhouse, producing over 1% of the world’s wine supply.

The company is expected to be a leading representative of Bordeaux in the expanding Chinese wine market, owing to its aggressive growth strategy and over 70 years of experience in international marketing and distribution.
Pernod Ricard. Headquarters: Paris, France

2022 Annual Revenue: $11.17 billion

Pernod Ricard may produce less wine than other giants on this list, but its well-known brands, including Pernod pastis and Jacob’s Creek champagne, resonate with wine consumers worldwide.

The company gained popularity in the late 1800s with its alternative to absinthe, establishing a diverse range of alcoholic beverages in the 1990s. Despite moderate sales in France, its products thrive in international markets.
Constellation Brands. Headquarters: Victor, New York

2022 Annual Revenue: $8.82 billion

Constellation Brands, based in the United States, holds a 1.7% market share in the global wine sector. Founded in the Finger Lakes region, it has expanded to become a significant player in the wine, beer, and spirits markets.

The company has shown resilience in recovering from pandemic-related challenges, maintaining stable sales and expanding its brand portfolio.
E J Gallo. Headquarters: Leuven, Belgium

2022 Annual Revenue: $5.3 billion

E J Gallo is the largest wine producer globally, contributing over 3% of the annual supply of 35 billion bottles. This California-based, family-owned company has rapidly increased its market presence while sticking to its roots.

With over 75 brands, including well-known names like Barefoot Wine, E J Gallo specializes in varieties such as Pinot Noir, Chardonnay, and Cabernet Sauvignon.
Treasury Wine Estate. Headquarters: Melbourne, Australia

2022 Annual Revenue: $1.67 billion

Treasury Wine Estate, based in Australia, produces about 1.2% of the world’s wine supply. The company has expanded its operations across various regions, including California and Europe, while focusing on innovative products like the popular brand 19 Crimes.

Its strategy includes tapping into the growing Antipodean wine trend and enhancing its presence in the burgeoning Chinese market.
Viña Concha Y Toro. Headquarters: Santiago, Chile

2022 Annual Revenue: N/A

Viña Concha Y Toro has significantly impacted the Chilean wine market over the past two decades, producing just over 1% of the global wine supply. Founded in the 1880s, it has roots in both Spanish and Chilean nobility and continues to experience rapid growth.
Accolade Wines. Headquarters: Melbourne, Australia

2022 Annual Revenue: $774.9 million

Accolade Wines accounts for approximately 0.97% of the global wine supply and has a strong presence in Australia. Founded by Thomas Hardy winemakers, it owns several popular brands, including Yellow Tail and Banrock Stations, and is expanding operations into the United States.
Grupo Penaflor. Headquarters: Vicente Lopez, Argentina

2022 Annual Revenue: N/A

Grupo Penaflor has played a pivotal role in Argentina’s wine industry, leveraging its expertise to identify and acquire promising vineyards. This strategy has allowed the company to expand its holdings significantly in prime growing regions.
Fecovita Co-op. Headquarters: Buenos Aires, Argentina

2022 Annual Revenue: $272.4 million

Fecovita Co-op represents a collective of winemaking groups in Mendoza, contributing just under 1% of global wine sales. Their focus on innovation and technology has driven their success, with brands like Toro making a significant mark in Argentina.
The Wine Group. Headquarters: Ripon, California

2022 Annual Revenue: N/A

Founded in 1981, The Wine Group has grown to hold a 1.5% market share in the global wine market, with a strong focus on the U.S. market. The company is actively expanding into Latin America, particularly Argentina, strengthening its portfolio.

Largest Wine Company FAQ

How big is the wine industry?

The global wine industry is worth over $340 billion. The U.S. generates $49.8 billion in revenue from its wine sector, making it the largest in the world.
Is the wine industry competitive?

Yes, the wine industry is highly competitive. There are over 7,475 wine businesses in the U.S. alone, a number that has grown by 50% since 2009 and continues to rise.
What country consumes the most wine per capita?

Portugal consumes the most wine globally. The top five countries for wine consumption per capita are:
- Portugal – 12.8 gallons per person
- France – 10.3 gallons per person
- Italy – 9.6 gallons per person
- Switzerland – 8.5 gallons per person
- Austria – 6.9 gallons per person

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Author

Chris Kolmar

Chris Kolmar is a co-founder of Zippia and the editor-in-chief of the Zippia career advice blog. He has hired over 50 people in his career, been hired five times, and wants to help you land your next job. His research has been featured on the New York Times, Thrillist, VOX, The Atlantic, and a host of local news. More recently, he's been quoted on USA Today, BusinessInsider, and CNBC.

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