In the US, sales increased by more than 20% compared with 2010, said the company, helping to build its share in the market to a near 40%.

The company claims to have achieved double-digit growth in ten of the last 11 years.

Lars von Kantzow, CEO of Nomacorc, said: “A number of factors are supporting our business growth in 2011: the strength and growth of brands using Nomacorc, geographic expansion of our product offerings, and industry consolidation.

“Also, organic growth – fuelled by the introduction of our new high-performance Select Series corks, which provide the most sophisticated level of oxygen management to date – has contributed to our continued steady growth.”