Whiskey Market Outlook, End Users Analysis and Share by Type to 2023

Posted on 2019-12-06 by researchinsights in Food & Beverage // 0 Comments

06^th Dec 2019 – Global Whiskey Market is anticipated to witness an exponential growth in the forecast period. Whiskey is a type of distilled alcoholic beverage made from fermented grain mash. Factors such as increasing demand for premium whiskey, growing affordability of whiskey, consumption habits of whiskey, changing lifestyles, high disposable income, new product launches, and technological innovations are likely to drive the whiskey market in the forthcoming period.

On the other hand, legal regulations by the governments, heavy taxation, health issues associated to whiskey consumption, heavy taxation, increasing struggle from other alcoholic beverages, a growing number of consumers selecting substitutes such as beer and wine are anticipated to hinder the market growth in future. However, the presence of foremost whiskey manufacturing companies is likely to create lucrative opportunities for the market.

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Whiskey market is anticipated to expand at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe. Market could be explored by type, quality type, product type, application, and geography. Market could be explored by type as wheat, malt, rye, blended, corn, and others. The “Blended” segment accounted for a prominent share in the market. It is likely to witness substantial growth in the years to come. The key factor that could be attributed to the growth of the market includes increasing demand.

Based on the quality type, the whiskey market could span premium whiskey, high-end premium whiskey, and super premium whiskey. The “Premium Whiskey” segment accounted for a prominent share in the market. The key factor that could be attributed to the growth of the market include has the major share of the market by quality, increasing expenditure and high demand from the consumer.

The whiskey market could be explored based on the product as Canadian whiskey, Irish whiskey, Scotch whiskey, and American whiskey. The “Scotch Whiskey” segment accounted for a prominent share in the market. It is likely to witness substantial growth in the years to come. The key applications that could be explored in the market include Liquor Stores, Bars & Restaurant, Supermarkets, Online Stores and Mini Markets.

Key Players:

Beam Suntory
Brown-Forman
Diageo
Gruppo Campari
Heaven Hill
Alexandrion Grup Romania
Alltech Lexington Brewing and Distilling
Barrel House Distilling
Boone County Distilling
Boundary Oak Distillery
Kirin Brewery
Michter’s Distillery
Sazerac
Willett Distillery

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Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Whiskey in these regions, from 2012 to 2023 (forecast), covering

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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