There are various big wine companies around the world. Wine is a beverage which is rich in alcohol and it is extracted from fermentation of fruits like grapes, apple, plum, peach and pineapple. The process of fermentation in the present high-tech era has changed. In the past, the crushing took place barefooted in the production facilities. But now, extraction has changed due to high-tech and AI-powered machines. Things have become more advanced in various vineyards around the globe. There are various processes in wine making and among all those processes, fermentation and maturation are two important processes. The Palmaz vineyards of Napa Valley are widely popular for their AI-backed fermentation process. A system called Fermentation Intelligence Logic Control System has been deployed in the vineyards to control the fermentation process and temperature. Palmaz Vineyard has become popular for their highly digital approach. As per available data, the global wine industry has grown rapidly during the past few years. According to estimates, this industry will become a $444.93 industry by the year 2027. The demand for wine increased during the pandemic lockdown as people ordered it online. This article covers Top 10 Global Wine Companies as shared by Insider Monkey on Yahoo.
One of the largest wine producing companies is Diageo plc. It is headquartered in the UK. The company manufactures alcoholic beverages which include beer and wine. The company is popular for some of its notable brands which include Tanqueray, Guinness, Bailey’s, Don Julio and Johnnie Walker. The company reported revenue of $16.8 billion. The company came into being after the merger of Grand Metropolitan plc and Guinness PLC way back in 1997. Another popular company is COFCO Group. It is a China-based company and is headquartered in Beijing. COFCO is popular for producing some of the global’s best brands. Some of these brands include Kongyiji, Jiugui and Greatwall. COFCO Wines & Spirits Co., Ltd. Is a sister company of COFCO Group which is engaged in liquor business. As per available data, the company reported a revenue of $72 billion during 2019. During the pandemic era, Chinese people have been ordering wine online due to country-wide lockdown. The global wine industry is growing with every passing year and things are changing rapidly as far as this industry is concerned. We shared information about two of the global wine companies in this article. You can read about other companies in this article 15 Biggest Wine Companies in the World.