Top 10 Biggest Alcoholic Beverage Companies with the Highest Market Cap Worldwide

(Source: MarketCapWatch)

Three Chinese spirits giants in the top 10, led by Moutai’s eye-watering $252 B valuation. Beer titans (AB InBev, Heineken, Ambev) still dominate, but premium spirits are surging. Baijiu’s premiumization wave shows no sign of slowing—Luzhou and Wuliangye aren’t far behind.

Which category excites you most—baijiu, whiskey, beer, or something else?