Global Whiskey Market was valued at USD 66.13 billion in 2021 and is expected to reach USD 102.77 billion by the year 2030, at a CAGR of 6.5%.
Whiskey is becoming popular around the world, driving the bulk of volume consumption growth from through 2023. As per introspective market research, the blended malt Scotch whiskey is leading the market in terms of product type, with consumption increasing at a whopping pace. The rise in creative, innovative cocktails and the growing “cocktail culture” in the U.S. have helped in surging sales of whiskey. Whiskey is currently produced in at least 25 countries. Many countries that were not even on a Whiskey lover’s radar ten years ago are now big Whiskey producers. Germany, for example, is a major producer of Whiskey and even has its own whiskey trail with distilleries.
Some of the leading companies offering whiskey are:
William Grant and Sons,8PM,Allied Blenders and Distillers Pvt Ltd.,Johnny Walker,Black and White,Diageo,Jack Daniels,Brown Forman,La Martiniquais,Suntory Holdings Ltd.,Constellation Brand Inc.,Haig,McDowell’s,King Car Group,Bacardi Ltd.,Jim Beam,United Breweries,VAT 69
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Whiskey have proven to be one of the most innovative products in the cosmetic industry. Some of the benefits of these eyelashes are less time-consuming and hassle-free application. Whiskey are the less fussy alternatives to fake eyelashes, which use the glue for adherence. Some people are allergic to glue, which is used for sticking the eyelashes. The Whiskey are typically cost similar to the comparable fake eyelashes. The Whiskey are ideal due to being adhesives and hence chemical-free.
Market has segmented the global Whiskey market on the basis of type, application, and region:
The Whiskey market is segmented by type and application. Growth between segments over the period 2023-2030 provides accurate calculations and forecasts of revenue by type and application in terms of volume and value. This analysis can help you expand your business by targeting eligible niches.
By Source Type:
- Malt Whiskey
- Wheat Whiskey
- Rye Whiskey
- Corn Whiskey
- Blended Whiskey
- Others
By Distribution Channel:
- Bars & Restaurants
- Liquor Stores
- Supermarkets
- E-Commerce
By Regional Outlook (Revenue, USD Billion, 2017 – 2030)
- North America (U.S., Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
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Covid-19 Impact and Recovery Analysis on Industry:
The COVID-19 pandemic has had devastating effects on several industry verticals globally. To constrain the number of cases and slow the coronavirus spread, various public health guidelines were implemented in different countries across the globe. COVID-19 protocols ranging from declaring national emergency states, enforcing stay-at-home orders, closing nonessential business operations and schools, banning public gatherings, imposing curfews, distributing digital passes, and allowing police to restrict citizen movements within a country, as well as closing international borders. With the growing vaccination rate, governments are uplifting the protocols to give a boost to the stagnant economy. Like other industries, Whiskey Market have experienced slowdown the growth, however market is expected bounce back as restrictions are being lifted up by governments across the globe.
Key Important Features Which Are under Offering and Key Highlights of Whiskey Market Report:
- Detailed Summary of Market
- Changing market dynamics of this industry
- Forex marketplace segmentation with Type, Program etc.
Reasons to Purchase this Report:
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players.
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