Whiskey Market Revenue, Opportunity, Segment and Key Trends 2019-2025

Whiskey Market size to exceed $84bn by 2025: Global
Market Insights Inc.
The research report ”Whiskey Market Size By Product (Scotch Whiskey, American
Whiskey, Canadian Whiskey, Irish Whiskey, Other Whiskey), By Distribution
Channel (On-Trade, Off-Trade) Industry Analysis Report, Regional Outlook,
Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 –
2025.” says, Whiskey Market size is estimated to surpass USD 84 billion by 2025.
Whiskey Market size is estimated to surpass USD 84 billion by 2025; according to a
new research report by Global Market Insights, Inc. Changing consumer’s preference
for a better experience and increasing popularity of premium brands will propel
whiskey industry growth. Strong demand with evolving tastes and consumption
upgrade from increasingly urbanized and high-income population will provide positive
business outlook. Factors such as new product launch, easy availability of raw
materials, product innovation, and growing popularity of craft whisky will further
support industry expansion. Increasing cross border trade with rapid globalization is
anticipated to create new opportunities for manufacturers in whiskey market. For
instance, the exports for scotch whiskey grew approximately by 7.8% by value in 2018.
Further, manufacturers are focusing on developments of varied products such as
barrel aged whiskeys, single malt, organically produced whiskey, and flavored
products to gain competitive advantage.
Whiskey is considered as an affordable luxury which drives the market growth for
premium and super-premium product offering. Consumers are becoming
knowledgeable on different types of whiskeys accompanied by the inclination towards
trying new whiskeys with different taste & complexity. Whiskey manufacturing varies
as per the production process as well as ingredients used such as malt, wheat, rye,
corn, or blends. However, prices of grains are rising due to the scarcity of certain crops
which will impact the crop supplies for whiskey production, thus increasing overall
production cost.
Scotch whiskey accounts for over 24% of the global whiskey consumption in 2018.
Blended whisky holds a dominating share in the global scotch whiskey market.
However, single malt whiskey observes high growth rate in terms of volume and
revenue. Value of the single malt scotch is high and allows malt producers to target
the growing premium whisky consumer segment. As per scotch whisky association,
European Union is one of the largest markets for Scotch whiskey and accounts for
about 30% by value and around 36% by volume of the total exports. Also, the United
States is the largest imported of Scotch whiskey.
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North America Whiskey Market, By Product, 2018 & 2025, (Million
Liters)
Browse key industry insights spread across 350 pages with 165 market data tables &
12 charts & figures from the report, “Global Whiskey Market Share By Product
(Scotch Whiskey, American Whiskey, Canadian Whiskey, Irish Whiskey, Other
Whiskey), By Distribution Channel (On-Trade, Off-Trade) Industry Analysis
Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain,
Russia, Poland, Ireland, Belgium, China, India, Japan, South Korea, Australia,
Thailand, Taiwan, Brazil, Argentina, Mexico, Venezuela, South Africa, UAE,
Angola), Growth Potential, Price Trends, Competitive Market Share & Forecast,
2019 – 2025” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/whiskey-market
Off-trade distribution holds over 70% share in the overall whiskey market in 2018.
Strong growth in travel & tourism industry particularly from emerging economies of
Asia Pacific is driving the whiskey sales through off-trade sales channel such as dutyfree
stores. Also, the demand for super-premium whiskies is high through off-trade
sales channels owing to low prices as compared to on-trade sales, and preference for
storing premium products for special occasions. Also, the supermarkets, convenience
stores, duty-free stores, and auctions offer numerous categories and varieties of the
product, thus propelling the business expansion.
Asia Pacific market size is projected to cross USD 37 billion by 2025. India account
for around 45% of the global whiskey consumption in 2018. High demand is expected
due to increasing count of consumers within legal drinking age, enhanced standard of
living, rapid urbanization, and rise in spending on leisure. For instance, Indian
population with legal drinking age is projected to increase from 64% in 2011 to 68% in
2021. World’s economy is shifting towards south-east countries, these countries being
the emerging market will drive the export growth for the product.
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The global whiskey market share in competitive with presence of several large-scale
manufacturers with established brands along with increasing count of new distilleries.
The prominent players in the market are Diageo, Pernod Ricard, William Grant and
Sons, Crown Royal, Beam Suntory, Allied Blenders & Distillers (ABD), Brown Forman.
Some of the renowned brands in the global whiskey industry include Johnnie Walker,
Jack Daniel’s, Jim Beam, Officer’s Choice, Imperial Blue, and Royal Stag. High
investments on branding and product promotions, new product developments,
distribution network expansion, and mergers & acquisitions are among the key
strategies observed in the industry.
Segmentation :
of Whiskey Market :
Whiskey market research report includes in-depth coverage of the
industry with estimates & forecast in terms of volume in Million Liters &
Revenue in USD Million from 2013 to 2025, for the following segments:
By Product
• Scotch whiskey
• American whiskey
• Canadian whiskey
• Irish whiskey
• Other whiskey
By Distribution Channel
• On-trade
• Off-trade
The above information is provided on a regional and country basis for the
following:
• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• France
• Italy
• Spain
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• Russia
• Poland
• Ireland
• Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Thailand
• Taiwan
• Latin America
• Brazil
• Argentina
• Mexico
• Venezuela
• Middle East & Africa
• South Africa
• UAE
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market
research and consulting service provider; offering syndicated and custom research
reports along with growth consulting services. Our business intelligence and industry
research reports offer clients with penetrative insights and actionable market data
specially designed and presented to aid strategic decision making. These exhaustive
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Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
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