Whiskey Market Forecast Analysis: Emerging Trends and Growth Prospects for Whiskey 2024-2030

Europe is the dominating region in the global whiskey market. Growing whiskey production and consumption in this region, is propelling the industry during the forecast period.

Whiskey Market size was valued at USD 63.88 Bn in 2023 and is expected to reach USD 97.33 Bn by 2030, at a CAGR of 6.2 %.

Whiskey Market Overview:

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Whiskey Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Whiskey market, with forecasts outspreading to the year 2030.

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Whiskey Market Scope and Methodology:

The research methodologies used in this work include SWOT and descriptive analysis. Conducting a comprehensive analysis of the market Whiskey is the main objective of the research. Numerous techniques, including surveys and questionnaires, are used in research. Following that, methods from mathematics, statistics, and numbers are used to evaluate the data. Both qualitative and quantitative approaches have the potential to change the market's existing state.  

Other considerations made when evaluating market potential include direct buyer interactions, R&D projects, innovative R&D approaches, market consolidation and acquisitions, and new industrial processes. In order to perform a SWOT analysis, this study takes into account organizational structure, market trends, portfolio analysis, in-depth analysis, microeconomic variables, and market leaders' strategies.

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Whiskey Market Regional Insights:

Africa, South Africa, Europe, the Americas, and the Middle East. It is essential to comprehend the intricate dynamics of the global Whiskey company in the context of regional study. This book lays the groundwork for international trading in goods. The study offers a thorough analysis of the size and growth rate of the Whiskey market. Present-day business trends are a topic of conversation in many different nations and locales. Asia-Pacific, Europe, the Americas, the Middle East, and South Africa.

Whiskey Market Segmentation:

by Type

Scotch whiskey
American whiskey
Canadian whiskey
Irish whiskey
Others

by Grain Type

Malt
Wheat
Rye
Corn
Others

With more than of the market share in 2023, wheat whiskey became the industry leader in the whiskey business. Wheat whiskey, which is mostly made in the US, must contain at least x% wheat in order to have its unique light and somewhat sweet flavor. Depending on the secondary grains utilized, it can vary in spiciness, but overall it keeps a mildly flavored profile. A.D. Laws Triticum Straight Wheat Whiskey, Dry Fly Straight Washington Wheat Whiskey, and Bernheim Original Wheat are a few notable examples. The growing use of this sector in cocktails is driving its growth and significantly expanding the market.

by Flavor

Unflavored
Flavored (Citrus, Honey, etc)

by Distribution Channel

On-Trade
Off-Trade Distributors
E-Commerce

By 2023, the whiskey market share is dominated by the On-Trade distribution channels, taking the lead. These outlets, which include pubs, restaurants, and liquor stores, are the main places where customers may enjoy whiskey in a lively and social atmosphere. These locations offer a diverse range of whiskey brands, allowing customers to experience different whiskey expressions. These establishments' welcoming atmosphere and skilled bartenders greatly improve the drinking experience, drawing a constant flow of patrons and increasing revenues in this market.

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Whiskey Market Key Players:

Europe
1. Pernod Ricard SA (France)
2. Diageo (England)
3. Forman Whiskey (Ireland)
4. Johnnie Walker (Scotland)
5. The Edrington Group (Scotland)
6. William Grant & Sons (Scotland)
7. Alko (Helsinki, Finland)
8. Arkell’s Brewery (Swindon, England)
9. Bass Brewery (England)
10. Bacardi Ltd (Bermuda)
11. La Martiniquaise (France)

North America
12. Red Brick Brewing Company (USA)
13. Allagash Brewing Company (USA)
14. Anchor Brewing Company (USA)
15. Beam Suntory (USA)
16. Brown-Forman Corporation (USA)
17. Constellation Brands (USA)

Asia Pacific
18. Accolade Wines (Australia)
19. United Spirits Ltd. (Bangalore, India)
20. Allied Blenders & Distillers (Mumbai, India)
21. Asahi Breweries (Tokyo, Japan)
22. Beijing Red Star Co (China)
23. Asahi Group Holdings Ltd (Japan)
24. Suntory Beverage & Food Limited (Japan)

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Key questions answered in the Whiskey Market are:

  • Which is the fastest growing region in the Whiskey Market?
  • What is the growth rate of the Whiskey Market?
  • What are the upcoming opportunities and trends for the Whiskey Market?
  • What segments are covered in the Whiskey Market?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for the Whiskey Market?
  • Which are the factors expected to drive the Whiskey Market growth?
  • What is the CAGR at which the Whiskey market will grow during the forecast period?
  • What are the different segments of the Whiskey Market?
  • What is Whiskey?
  • What growth strategies are the players considering to increase their presence in Whiskey?
  • Who are the leading companies and what are their portfolios in Whiskey Market?
  • Who are the key players in the Whiskey market?

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2023)
  • Past Pricing and price curve by region (2018 to 2023)
  • Market Size, Share, Size & Forecast by different segment | 2024−2030
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of Business by Region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

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About Maximize Market Research:

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