Leading Italian liqueurs and spirits companies 2021, by revenues

In 2021, Davide Campari Milano S.p.A. was the leading liqueur and spirits firm in Italy based on revenues. According to the figures provided by Competitive Data the revenues generated by this company in 2021 amounted to 777 million euros. Between 2013 and 2017, the market share of Campari increased from 19 to 21.5 percent.  

Spirits and liqueurs industry in Italy

Between 2016 and 2021, the earnings before taxes (EBT) of a significant sample of companies active in the spirits and liqueurs sector showed some fluctuations, going from 104 to 105 million euros. Those companies also experienced a a loss in terms of net result, given that it decreased from 85 million euros in 2016 to 82 million euros in 2021.  

Spirits and liqueurs consumption in Italy

On the other hand, the demand side was quite steady. In fact, between 2016 and 2019, the level of  spirits consumption in Italy remained stable at approximately one million hectoliters. A survey in 2018 revealed that both spirits and liqueurs were not very popular among Italian consumers of alcoholic beverages, who rather preferred to drink beer or wine.