Cheers to 2021: The biggest Champagne companies by revenue
2021 is almost here. Nothing marks a new year like a glass of bubbles. To get in the festive spirit BoldData uncorks the biggest Champagne companies by revenue. The data specialist gathered a list of the 100 most prominent Champagne houses in the world.
Sip sip hooray for Moët Hennessy - When you think of Champagne you think of Moët. No wonder Moët Hennessy rules the Champagne market. The wines and spirts division of LVMH (Louis Vuitton Moët Hennessy) owns six iconic Champagne brands including Veuve Clicquot, Moët & Chandon and Dom Pérignon. Moët & Chandon is the biggest Champagne house with 64.7 million bottles sold last year. Prices start at around € 40 a bottle. All Moët Hennessy brands together make up for an annual revenue of € 2.21 billion and a total of 2.485 employees.
The winner doesn’t take it all - Vranken-Pommery Monopole is the second largest Champagne group, with a revenue of € 218.8 million. The group owns five Champagne brands including Vranken, Demoiselle, Charles Lafitte 183, Pommery and Heidsieck & Co. Monopole. Vranken-Pommery Monopole manages 2,600 hectares of land (largest in Europe), spread over four vineyards in Champagne, Provence, Camargue and Douro.
Vranken-Pommery Monopole is closely followed by the Champagne houses of Nicolas Fouillatte (€ 211.9 million revenue) and Lauren Perrier (€ 206.2 million revenue).
The top 10 is completed by Compagnie Champenoise PH-CS – better known as Piper Heidsieck - with an annual revenue € 109.2 million. Gosset- the oldest Champagne House - can only be found at spot 33 in our list with an annual revenue of € 23.7 million.
What will 2021 bring?
Champagne is the luxury beverage of choice for celebrations. But as there wasn’t much to celebrate in 2020 due to Covid-19, sales of Champagne have tumbled over the past year. An estimated 100 million bottles are expected to remain unsold. Vranken-Pommery Monopole already reported Champagne sales went down 23% in the first half of 2020, as hotels and restaurants closed. As 2021 remains uncertain, BoldData hopes to bring you better news next year.