Leading food, beverage, and tobacco companies listed on ASX Australia 2024

With a market capitalization of 8.88 billion Australian dollars as of February 2024, Treasury Wine Estates was the leading food, beverage, and tobacco company listed on the Australian Securities Exchange (ASX) in Australia. In addition, Treasury Wine Estates held a spot among the top five consumer staple companies listed on the ASX.

Treasury Wine Estates’ global reach

With their corporate head offices located in Melbourne and regional offices on four different continents, Treasury Wine Estates operates nearly 13,000 planted hectares worldwide. Annual total revenues of Treasury Wine Estates in Australia have increased substantially since 2014, with the company generating significant revenues from regions across the globe.

A booming Australian wine market

As one of the world’s leading producers of wine, the alcoholic beverage plays an important role in Australia’s economy. Both the revenue of the wine production industry as well as the total export value of wine from Australia are projected to increase in the coming years.