5 Biggest Liquor Companies in the World

2. LVMH Moët Hennessy LV (OTC: LVMUY)

Market cap: $335.8 billion

One of the biggest luxury brands in the world, LVMH Moët Hennessy Louis Vuitton ranks 2nd in the list of the biggest liquor companies in the world. The Paris-based luxury company produces wines and spirits, leather goods, perfume, watches, and jewelry. Louis Vuitton’s wine and spirits segment revenue declined by 14% while its fashion and leather goods saw an 18% increase in 2020. In 2020, the company’s acquisitions of Château d’ Esclans and Château du Galoupet contributed to its annual revenue as becomes one of the major players in the high-end rosé wines market.

The company’s revenue in 2020 fell 17% to $52.8 billion. Shares of LVMUY increased 64% over the past twelve months.