HomeFood & BeveragesBeverages Grape Brandy Market

Global Grape Brandy Market Size, Share & Demand Report By Product Type (Standard Grape Brandy, Aged Grape Brandy, Premium & Super-Premium Grape Brandy, Craft/Artisanal Grape Brandy, Flavored Grape Brandy), By Price Tier (Economy, Mid-Range, Premium, Super-Premium, Luxury/Ultra-Premium), By Production Method (Pot-Still Grape Brandy, Column-Still Grape Brandy, Blended Grape Brandy, Single-Origin/Estate-Produced Grape Brandy), By Distribution Channel (On-Trade, Off-Trade, Online Retail/E-Commerce), By Consumer Group (Individual Consumers, Hospitality Buyers, Corporate/Institutional Buyers, Travel Retail Consumers), By End Use (Direct Consumption, Cocktail & Mixology Applications, Culinary & Food Ingredient Applications, Gifting & Collectibles), By Region & Segment Forecasts, 2026–2031

Report Code: RI3976PUB
Last Updated : June, 2026
Author : Hannah Blake

Table of Contents

  1. Executive Summary
    1. Introduction
  2. Market Introduction
    1. Market Definition
    2. Scope of the Study
    3. Market Structure
  3. Research Methodology
    1. Primary Research
    2. Research Methodology
    3. Assumptions & Exclusions
    4. Secondary Data Sources
  4. Market Factor Analysis
    1. Value Chain Analysis: Grape Brandy Market
    2. Porters Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitution
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Dynamics
    1. Drivers
    2. Restraints
    3. Opportunities
  6. Recent Trends Analysis
  7. Impact of COVID-19 on Grape Brandy Market
    1. Pre and Post Covid -19 Market Scenario Analysis
    2. Market Recovery Timeline and Challenge
    3. Measures Taken by Top Players
  8. Regulatory Landscape
  9. Grape Brandy Market, By Product Type
    1. Introduction
      1. Market Size and Forecast, By Product Type
    2. Standard Grape Brandy
      1. Market Size and Forecast, By Region
    3. Aged Grape Brandy
      1. Market Size and Forecast, By Region
    4. Premium & Super-Premium Grape Brandy
      1. Market Size and Forecast, By Region
    5. Craft / Artisanal Grape Brandy
      1. Market Size and Forecast, By Region
    6. Flavored Grape Brandy
      1. Market Size and Forecast, By Region
  10. Grape Brandy Market, By Price Tier
    1. Introduction
      1. Market Size and Forecast, By Price Tier
    2. Economy
      1. Market Size and Forecast, By Region
    3. Mid-Range
      1. Market Size and Forecast, By Region
    4. Premium
      1. Market Size and Forecast, By Region
    5. Super-Premium
      1. Market Size and Forecast, By Region
    6. Luxury / Ultra-Premium
      1. Market Size and Forecast, By Region
  11. Grape Brandy Market, By Production Method
    1. Introduction
      1. Market Size and Forecast, By Production Method
    2. Pot-Still Grape Brandy
      1. Market Size and Forecast, By Region
    3. Column-Still Grape Brandy
      1. Market Size and Forecast, By Region
    4. Blended Grape Brandy
      1. Market Size and Forecast, By Region
    5. Single-Origin / Estate-Produced Grape Brandy
      1. Market Size and Forecast, By Region
  12. Grape Brandy Market, By Distribution Channel
    1. Introduction
      1. Market Size and Forecast, By Distribution Channel
    2. On-Trade
      1. Market Size and Forecast, By Region
    3. Off-Trade
      1. Market Size and Forecast, By Region
    4. Online Retail / E-Commerce
      1. Market Size and Forecast, By Region
  13. Grape Brandy Market, By Consumer Group
    1. Introduction
      1. Market Size and Forecast, By Consumer Group
    2. Individual Consumers
      1. Market Size and Forecast, By Region
    3. Hospitality Buyers
      1. Market Size and Forecast, By Region
    4. Corporate / Institutional Buyers
      1. Market Size and Forecast, By Region
    5. Travel Retail Consumers
      1. Market Size and Forecast, By Region
  14. Regional Overview
    1. Introduction
      1. Market Size and Forecast
    2. North America
      1. Market Size and Forecast
        1. By Product Type
          1. Standard Grape Brandy
            1. Aged Grape Brandy
              1. Premium & Super-Premium Grape Brandy
                1. Craft / Artisanal Grape Brandy
                  1. Flavored Grape Brandy
                  2. By Price Tier
                    1. Economy
                      1. Mid-Range
                        1. Premium
                          1. Super-Premium
                            1. Luxury / Ultra-Premium
                            2. By Production Method
                              1. Pot-Still Grape Brandy
                                1. Column-Still Grape Brandy
                                  1. Blended Grape Brandy
                                    1. Single-Origin / Estate-Produced Grape Brandy
                                    2. By Distribution Channel
                                      1. On-Trade
                                        1. Off-Trade
                                          1. Online Retail / E-Commerce
                                          2. By Consumer Group
                                            1. Individual Consumers
                                              1. Hospitality Buyers
                                                1. Corporate / Institutional Buyers
                                                  1. Travel Retail Consumers
                                                2. U.S.
                                                  1. By Product Type
                                                    1. Standard Grape Brandy
                                                      1. Aged Grape Brandy
                                                        1. Premium & Super-Premium Grape Brandy
                                                          1. Craft / Artisanal Grape Brandy
                                                            1. Flavored Grape Brandy
                                                            2. By Price Tier
                                                              1. Economy
                                                                1. Mid-Range
                                                                  1. Premium
                                                                    1. Super-Premium
                                                                      1. Luxury / Ultra-Premium
                                                                      2. By Production Method
                                                                        1. Pot-Still Grape Brandy
                                                                          1. Column-Still Grape Brandy
                                                                            1. Blended Grape Brandy
                                                                              1. Single-Origin / Estate-Produced Grape Brandy
                                                                              2. By Distribution Channel
                                                                                1. On-Trade
                                                                                  1. Off-Trade
                                                                                    1. Online Retail / E-Commerce
                                                                                    2. By Consumer Group
                                                                                      1. Individual Consumers
                                                                                        1. Hospitality Buyers
                                                                                          1. Corporate / Institutional Buyers
                                                                                            1. Travel Retail Consumers
                                                                                          2. Canada
                                                                                        2. Europe
                                                                                          1. Market Size and Forecast
                                                                                            1. By Product Type
                                                                                              1. Standard Grape Brandy
                                                                                                1. Aged Grape Brandy
                                                                                                  1. Premium & Super-Premium Grape Brandy
                                                                                                    1. Craft / Artisanal Grape Brandy
                                                                                                      1. Flavored Grape Brandy
                                                                                                      2. By Price Tier
                                                                                                        1. Economy
                                                                                                          1. Mid-Range
                                                                                                            1. Premium
                                                                                                              1. Super-Premium
                                                                                                                1. Luxury / Ultra-Premium
                                                                                                                2. By Production Method
                                                                                                                  1. Pot-Still Grape Brandy
                                                                                                                    1. Column-Still Grape Brandy
                                                                                                                      1. Blended Grape Brandy
                                                                                                                        1. Single-Origin / Estate-Produced Grape Brandy
                                                                                                                        2. By Distribution Channel
                                                                                                                          1. On-Trade
                                                                                                                            1. Off-Trade
                                                                                                                              1. Online Retail / E-Commerce
                                                                                                                              2. By Consumer Group
                                                                                                                                1. Individual Consumers
                                                                                                                                  1. Hospitality Buyers
                                                                                                                                    1. Corporate / Institutional Buyers
                                                                                                                                      1. Travel Retail Consumers
                                                                                                                                    2. U.K.
                                                                                                                                      1. By Product Type
                                                                                                                                        1. Standard Grape Brandy
                                                                                                                                          1. Aged Grape Brandy
                                                                                                                                            1. Premium & Super-Premium Grape Brandy
                                                                                                                                              1. Craft / Artisanal Grape Brandy
                                                                                                                                                1. Flavored Grape Brandy
                                                                                                                                                2. By Price Tier
                                                                                                                                                  1. Economy
                                                                                                                                                    1. Mid-Range
                                                                                                                                                      1. Premium
                                                                                                                                                        1. Super-Premium
                                                                                                                                                          1. Luxury / Ultra-Premium
                                                                                                                                                          2. By Production Method
                                                                                                                                                            1. Pot-Still Grape Brandy
                                                                                                                                                              1. Column-Still Grape Brandy
                                                                                                                                                                1. Blended Grape Brandy
                                                                                                                                                                  1. Single-Origin / Estate-Produced Grape Brandy
                                                                                                                                                                  2. By Distribution Channel
                                                                                                                                                                    1. On-Trade
                                                                                                                                                                      1. Off-Trade
                                                                                                                                                                        1. Online Retail / E-Commerce
                                                                                                                                                                        2. By Consumer Group
                                                                                                                                                                          1. Individual Consumers
                                                                                                                                                                            1. Hospitality Buyers
                                                                                                                                                                              1. Corporate / Institutional Buyers
                                                                                                                                                                                1. Travel Retail Consumers
                                                                                                                                                                              2. Germany
                                                                                                                                                                              3. France
                                                                                                                                                                              4. Spain
                                                                                                                                                                              5. Italy
                                                                                                                                                                              6. Russia
                                                                                                                                                                              7. Nordic
                                                                                                                                                                              8. Benelux
                                                                                                                                                                              9. Rest of Europe
                                                                                                                                                                            2. APAC
                                                                                                                                                                              1. Market Size and Forecast
                                                                                                                                                                                1. By Product Type
                                                                                                                                                                                  1. Standard Grape Brandy
                                                                                                                                                                                    1. Aged Grape Brandy
                                                                                                                                                                                      1. Premium & Super-Premium Grape Brandy
                                                                                                                                                                                        1. Craft / Artisanal Grape Brandy
                                                                                                                                                                                          1. Flavored Grape Brandy
                                                                                                                                                                                          2. By Price Tier
                                                                                                                                                                                            1. Economy
                                                                                                                                                                                              1. Mid-Range
                                                                                                                                                                                                1. Premium
                                                                                                                                                                                                  1. Super-Premium
                                                                                                                                                                                                    1. Luxury / Ultra-Premium
                                                                                                                                                                                                    2. By Production Method
                                                                                                                                                                                                      1. Pot-Still Grape Brandy
                                                                                                                                                                                                        1. Column-Still Grape Brandy
                                                                                                                                                                                                          1. Blended Grape Brandy
                                                                                                                                                                                                            1. Single-Origin / Estate-Produced Grape Brandy
                                                                                                                                                                                                            2. By Distribution Channel
                                                                                                                                                                                                              1. On-Trade
                                                                                                                                                                                                                1. Off-Trade
                                                                                                                                                                                                                  1. Online Retail / E-Commerce
                                                                                                                                                                                                                  2. By Consumer Group
                                                                                                                                                                                                                    1. Individual Consumers
                                                                                                                                                                                                                      1. Hospitality Buyers
                                                                                                                                                                                                                        1. Corporate / Institutional Buyers
                                                                                                                                                                                                                          1. Travel Retail Consumers
                                                                                                                                                                                                                        2. China
                                                                                                                                                                                                                          1. By Product Type
                                                                                                                                                                                                                            1. Standard Grape Brandy
                                                                                                                                                                                                                              1. Aged Grape Brandy
                                                                                                                                                                                                                                1. Premium & Super-Premium Grape Brandy
                                                                                                                                                                                                                                  1. Craft / Artisanal Grape Brandy
                                                                                                                                                                                                                                    1. Flavored Grape Brandy
                                                                                                                                                                                                                                    2. By Price Tier
                                                                                                                                                                                                                                      1. Economy
                                                                                                                                                                                                                                        1. Mid-Range
                                                                                                                                                                                                                                          1. Premium
                                                                                                                                                                                                                                            1. Super-Premium
                                                                                                                                                                                                                                              1. Luxury / Ultra-Premium
                                                                                                                                                                                                                                              2. By Production Method
                                                                                                                                                                                                                                                1. Pot-Still Grape Brandy
                                                                                                                                                                                                                                                  1. Column-Still Grape Brandy
                                                                                                                                                                                                                                                    1. Blended Grape Brandy
                                                                                                                                                                                                                                                      1. Single-Origin / Estate-Produced Grape Brandy
                                                                                                                                                                                                                                                      2. By Distribution Channel
                                                                                                                                                                                                                                                        1. On-Trade
                                                                                                                                                                                                                                                          1. Off-Trade
                                                                                                                                                                                                                                                            1. Online Retail / E-Commerce
                                                                                                                                                                                                                                                            2. By Consumer Group
                                                                                                                                                                                                                                                              1. Individual Consumers
                                                                                                                                                                                                                                                                1. Hospitality Buyers
                                                                                                                                                                                                                                                                  1. Corporate / Institutional Buyers
                                                                                                                                                                                                                                                                    1. Travel Retail Consumers
                                                                                                                                                                                                                                                                  2. Korea
                                                                                                                                                                                                                                                                  3. Japan
                                                                                                                                                                                                                                                                  4. India
                                                                                                                                                                                                                                                                  5. Australia
                                                                                                                                                                                                                                                                  6. Singapore
                                                                                                                                                                                                                                                                  7. Taiwan
                                                                                                                                                                                                                                                                  8. South East Asia
                                                                                                                                                                                                                                                                  9. Rest of Asia-Pacific
                                                                                                                                                                                                                                                                2. Middle East and Africa
                                                                                                                                                                                                                                                                  1. Market Size and Forecast
                                                                                                                                                                                                                                                                    1. By Product Type
                                                                                                                                                                                                                                                                      1. Standard Grape Brandy
                                                                                                                                                                                                                                                                        1. Aged Grape Brandy
                                                                                                                                                                                                                                                                          1. Premium & Super-Premium Grape Brandy
                                                                                                                                                                                                                                                                            1. Craft / Artisanal Grape Brandy
                                                                                                                                                                                                                                                                              1. Flavored Grape Brandy
                                                                                                                                                                                                                                                                              2. By Price Tier
                                                                                                                                                                                                                                                                                1. Economy
                                                                                                                                                                                                                                                                                  1. Mid-Range
                                                                                                                                                                                                                                                                                    1. Premium
                                                                                                                                                                                                                                                                                      1. Super-Premium
                                                                                                                                                                                                                                                                                        1. Luxury / Ultra-Premium
                                                                                                                                                                                                                                                                                        2. By Production Method
                                                                                                                                                                                                                                                                                          1. Pot-Still Grape Brandy
                                                                                                                                                                                                                                                                                            1. Column-Still Grape Brandy
                                                                                                                                                                                                                                                                                              1. Blended Grape Brandy
                                                                                                                                                                                                                                                                                                1. Single-Origin / Estate-Produced Grape Brandy
                                                                                                                                                                                                                                                                                                2. By Distribution Channel
                                                                                                                                                                                                                                                                                                  1. On-Trade
                                                                                                                                                                                                                                                                                                    1. Off-Trade
                                                                                                                                                                                                                                                                                                      1. Online Retail / E-Commerce
                                                                                                                                                                                                                                                                                                      2. By Consumer Group
                                                                                                                                                                                                                                                                                                        1. Individual Consumers
                                                                                                                                                                                                                                                                                                          1. Hospitality Buyers
                                                                                                                                                                                                                                                                                                            1. Corporate / Institutional Buyers
                                                                                                                                                                                                                                                                                                              1. Travel Retail Consumers
                                                                                                                                                                                                                                                                                                            2. UAE
                                                                                                                                                                                                                                                                                                              1. By Product Type
                                                                                                                                                                                                                                                                                                                1. Standard Grape Brandy
                                                                                                                                                                                                                                                                                                                  1. Aged Grape Brandy
                                                                                                                                                                                                                                                                                                                    1. Premium & Super-Premium Grape Brandy
                                                                                                                                                                                                                                                                                                                      1. Craft / Artisanal Grape Brandy
                                                                                                                                                                                                                                                                                                                        1. Flavored Grape Brandy
                                                                                                                                                                                                                                                                                                                        2. By Price Tier
                                                                                                                                                                                                                                                                                                                          1. Economy
                                                                                                                                                                                                                                                                                                                            1. Mid-Range
                                                                                                                                                                                                                                                                                                                              1. Premium
                                                                                                                                                                                                                                                                                                                                1. Super-Premium
                                                                                                                                                                                                                                                                                                                                  1. Luxury / Ultra-Premium
                                                                                                                                                                                                                                                                                                                                  2. By Production Method
                                                                                                                                                                                                                                                                                                                                    1. Pot-Still Grape Brandy
                                                                                                                                                                                                                                                                                                                                      1. Column-Still Grape Brandy
                                                                                                                                                                                                                                                                                                                                        1. Blended Grape Brandy
                                                                                                                                                                                                                                                                                                                                          1. Single-Origin / Estate-Produced Grape Brandy
                                                                                                                                                                                                                                                                                                                                          2. By Distribution Channel
                                                                                                                                                                                                                                                                                                                                            1. On-Trade
                                                                                                                                                                                                                                                                                                                                              1. Off-Trade
                                                                                                                                                                                                                                                                                                                                                1. Online Retail / E-Commerce
                                                                                                                                                                                                                                                                                                                                                2. By Consumer Group
                                                                                                                                                                                                                                                                                                                                                  1. Individual Consumers
                                                                                                                                                                                                                                                                                                                                                    1. Hospitality Buyers
                                                                                                                                                                                                                                                                                                                                                      1. Corporate / Institutional Buyers
                                                                                                                                                                                                                                                                                                                                                        1. Travel Retail Consumers
                                                                                                                                                                                                                                                                                                                                                      2. Turky
                                                                                                                                                                                                                                                                                                                                                      3. Saudi Arabia
                                                                                                                                                                                                                                                                                                                                                      4. South Africa
                                                                                                                                                                                                                                                                                                                                                      5. Egypt
                                                                                                                                                                                                                                                                                                                                                      6. Nigeria
                                                                                                                                                                                                                                                                                                                                                      7. Rest of MEA
                                                                                                                                                                                                                                                                                                                                                    2. LATAM
                                                                                                                                                                                                                                                                                                                                                      1. Market Size and Forecast
                                                                                                                                                                                                                                                                                                                                                        1. By Product Type
                                                                                                                                                                                                                                                                                                                                                          1. Standard Grape Brandy
                                                                                                                                                                                                                                                                                                                                                            1. Aged Grape Brandy
                                                                                                                                                                                                                                                                                                                                                              1. Premium & Super-Premium Grape Brandy
                                                                                                                                                                                                                                                                                                                                                                1. Craft / Artisanal Grape Brandy
                                                                                                                                                                                                                                                                                                                                                                  1. Flavored Grape Brandy
                                                                                                                                                                                                                                                                                                                                                                  2. By Price Tier
                                                                                                                                                                                                                                                                                                                                                                    1. Economy
                                                                                                                                                                                                                                                                                                                                                                      1. Mid-Range
                                                                                                                                                                                                                                                                                                                                                                        1. Premium
                                                                                                                                                                                                                                                                                                                                                                          1. Super-Premium
                                                                                                                                                                                                                                                                                                                                                                            1. Luxury / Ultra-Premium
                                                                                                                                                                                                                                                                                                                                                                            2. By Production Method
                                                                                                                                                                                                                                                                                                                                                                              1. Pot-Still Grape Brandy
                                                                                                                                                                                                                                                                                                                                                                                1. Column-Still Grape Brandy
                                                                                                                                                                                                                                                                                                                                                                                  1. Blended Grape Brandy
                                                                                                                                                                                                                                                                                                                                                                                    1. Single-Origin / Estate-Produced Grape Brandy
                                                                                                                                                                                                                                                                                                                                                                                    2. By Distribution Channel
                                                                                                                                                                                                                                                                                                                                                                                      1. On-Trade
                                                                                                                                                                                                                                                                                                                                                                                        1. Off-Trade
                                                                                                                                                                                                                                                                                                                                                                                          1. Online Retail / E-Commerce
                                                                                                                                                                                                                                                                                                                                                                                          2. By Consumer Group
                                                                                                                                                                                                                                                                                                                                                                                            1. Individual Consumers
                                                                                                                                                                                                                                                                                                                                                                                              1. Hospitality Buyers
                                                                                                                                                                                                                                                                                                                                                                                                1. Corporate / Institutional Buyers
                                                                                                                                                                                                                                                                                                                                                                                                  1. Travel Retail Consumers
                                                                                                                                                                                                                                                                                                                                                                                                2. Brazil
                                                                                                                                                                                                                                                                                                                                                                                                  1. By Product Type
                                                                                                                                                                                                                                                                                                                                                                                                    1. Standard Grape Brandy
                                                                                                                                                                                                                                                                                                                                                                                                      1. Aged Grape Brandy
                                                                                                                                                                                                                                                                                                                                                                                                        1. Premium & Super-Premium Grape Brandy
                                                                                                                                                                                                                                                                                                                                                                                                          1. Craft / Artisanal Grape Brandy
                                                                                                                                                                                                                                                                                                                                                                                                            1. Flavored Grape Brandy
                                                                                                                                                                                                                                                                                                                                                                                                            2. By Price Tier
                                                                                                                                                                                                                                                                                                                                                                                                              1. Economy
                                                                                                                                                                                                                                                                                                                                                                                                                1. Mid-Range
                                                                                                                                                                                                                                                                                                                                                                                                                  1. Premium
                                                                                                                                                                                                                                                                                                                                                                                                                    1. Super-Premium
                                                                                                                                                                                                                                                                                                                                                                                                                      1. Luxury / Ultra-Premium
                                                                                                                                                                                                                                                                                                                                                                                                                      2. By Production Method
                                                                                                                                                                                                                                                                                                                                                                                                                        1. Pot-Still Grape Brandy
                                                                                                                                                                                                                                                                                                                                                                                                                          1. Column-Still Grape Brandy
                                                                                                                                                                                                                                                                                                                                                                                                                            1. Blended Grape Brandy
                                                                                                                                                                                                                                                                                                                                                                                                                              1. Single-Origin / Estate-Produced Grape Brandy
                                                                                                                                                                                                                                                                                                                                                                                                                              2. By Distribution Channel
                                                                                                                                                                                                                                                                                                                                                                                                                                1. On-Trade
                                                                                                                                                                                                                                                                                                                                                                                                                                  1. Off-Trade
                                                                                                                                                                                                                                                                                                                                                                                                                                    1. Online Retail / E-Commerce
                                                                                                                                                                                                                                                                                                                                                                                                                                    2. By Consumer Group
                                                                                                                                                                                                                                                                                                                                                                                                                                      1. Individual Consumers
                                                                                                                                                                                                                                                                                                                                                                                                                                        1. Hospitality Buyers
                                                                                                                                                                                                                                                                                                                                                                                                                                          1. Corporate / Institutional Buyers
                                                                                                                                                                                                                                                                                                                                                                                                                                            1. Travel Retail Consumers
                                                                                                                                                                                                                                                                                                                                                                                                                                          2. Mexico
                                                                                                                                                                                                                                                                                                                                                                                                                                          3. Argentina
                                                                                                                                                                                                                                                                                                                                                                                                                                          4. Chile
                                                                                                                                                                                                                                                                                                                                                                                                                                          5. Colombia
                                                                                                                                                                                                                                                                                                                                                                                                                                          6. Rest of LATAM
                                                                                                                                                                                                                                                                                                                                                                                                                                      2. Competitive Landscape, 2025
                                                                                                                                                                                                                                                                                                                                                                                                                                        1. Introduction
                                                                                                                                                                                                                                                                                                                                                                                                                                        2. Grape Brandy Market Share Analysis, 2025 (%)
                                                                                                                                                                                                                                                                                                                                                                                                                                          1. Market Share Analysis, 2025
                                                                                                                                                                                                                                                                                                                                                                                                                                          2. Competition Ranking, 2025
                                                                                                                                                                                                                                                                                                                                                                                                                                          3. Key Developments & Growth Strategies
                                                                                                                                                                                                                                                                                                                                                                                                                                            1. Merger & Acquisition
                                                                                                                                                                                                                                                                                                                                                                                                                                            2. Product Launch
                                                                                                                                                                                                                                                                                                                                                                                                                                            3. Expansion
                                                                                                                                                                                                                                                                                                                                                                                                                                          4. Consolidated SWOT Analysis of Key Players
                                                                                                                                                                                                                                                                                                                                                                                                                                      3. Company Profile
                                                                                                                                                                                                                                                                                                                                                                                                                                        1. Rémy Cointreau
                                                                                                                                                                                                                                                                                                                                                                                                                                          1. Business Overview
                                                                                                                                                                                                                                                                                                                                                                                                                                          2. Financial Data
                                                                                                                                                                                                                                                                                                                                                                                                                                          3. Key Product domains
                                                                                                                                                                                                                                                                                                                                                                                                                                          4. Recent Developments
                                                                                                                                                                                                                                                                                                                                                                                                                                        2. Pernod Ricard
                                                                                                                                                                                                                                                                                                                                                                                                                                        3. Emperador Inc.
                                                                                                                                                                                                                                                                                                                                                                                                                                        4. Diageo plc
                                                                                                                                                                                                                                                                                                                                                                                                                                        5. E. & J. Gallo Winery
                                                                                                                                                                                                                                                                                                                                                                                                                                        6. Bacardi Limited
                                                                                                                                                                                                                                                                                                                                                                                                                                        7. Davide Campari-Milano N.V.
                                                                                                                                                                                                                                                                                                                                                                                                                                        8. Torres Brandy
                                                                                                                                                                                                                                                                                                                                                                                                                                        9. Osborne Group
                                                                                                                                                                                                                                                                                                                                                                                                                                        10. Yantai Changyu Pioneer Wine Co.