The fourth edition of “Wine & Food Summit” by Pambianco has ended and highlighted the 2023 top players in the wine’s world.
Now a small digression on the situation of last year.
A not easy year for the wine’s world, which has suffered a slowdown on the production front (mainly due to climatic reasons) and on that of consumption, both for questions of final price and for an increasingly interested trend towards dealcolated products or with low gradations.
Production was 38.3 million hectolitres of which 21.8 were destined for domestic consumption, -2.5% compared to 2022. 2023 saw Italy in second place for productivity, behind France, position regained with the 2024 harvest. Exports, however, were satisfactory, with a minimum decline of 1% and an increase in the average cost.
According to Pambianco the top 10 Italian companies in the wine-commercial segment have a turnover of 3.3 billion euros (+2% on 2022). At the top are Cantine Riunite & Civ with 674 million euros, then Argea with 438 million euros (+3% on 2022), IWB with 429 million euros (-0.3%), Caviro (419 million euros, +3%), Cavit (267 million euros, +1%), La Marca Vini e Spumanti (226 million euros, -4%), Fratelli Martini Secondo Luigi (218 million euros, -8%), Mezzacorona (218 million euros, +2%), Collis (209 million euros, +65%) and Zonin1821 (195 million euros, -3%).
While for the premium wine segment the top players are Marchesi Antinori, with 352 million euros (+9%), ahead of Santa Margherita Gruppo Vinicolo of the Marzotto family (255 million euros, -2%), and closing the podium is Terra Moretti (185 million euros, -1%), another large Italian wine family business. Then it comes, Marchesi Frescobaldi (166 million euros, +7%), the Lunelli Group, symbol of Italian bubbles in the world (146 million euros, -4%) and Masi Agricola, among the symbols of Valpolicella Classica and Amarone (EUR 66 million, -11%).
It is also worth noting that following important operations of aggregation in the world of wine between 2020-2022, 2025 could be a good year to monetize the investments made.
Source: Winenews