Whiskey - Global Strategic Business Report

The global market for Whiskey is estimated at US$104.5 Billion in 2023 and is projected to reach US$139.4 Billion by 2030, growing at a CAGR of 4.2% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the whiskey market is driven by several factors, including the premiumization of spirits, expanded global distribution networks, and shifts in consumer drinking habits. Premium whiskey brands have gained traction as consumers increasingly view high-quality whiskey as an investment or a collectible, leading to higher spending per bottle. This trend towards premiumization is supported by the growing middle class in emerging markets, where there is increasing disposable income available for luxury goods, including premium spirits. Additionally, advances in e-commerce have made rare and international whiskeys more accessible to consumers around the world, broadening the market reach of distilleries and enabling enthusiasts to explore a wider range of products. Social media and digital marketing have also played pivotal roles in shaping consumer perceptions and behaviors, with platforms enabling brands to tell their stories more effectively and engage directly with their audiences. Furthermore, a shift towards more health-conscious drinking habits has seen some consumers opting for quality over quantity, favoring premium whiskeys for their perceived craftsmanship and authenticity. Together, these factors continue to drive dynamic growth in the whiskey industry, promising a robust future for this storied and evolving beverage.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Scotch Whiskey segment, which is expected to reach US$58.6 Billion by 2030 with a CAGR of a 4.8%. The American Whiskey segment is also set to grow at 3.6% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $28.5 Billion in 2023, and China, forecasted to grow at an impressive 7.9% CAGR to reach $30.0 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Whiskey Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Whiskey Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Whiskey Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of major players such as Asahi Beverages, Bacardi Limited, Brown-Forman Corporation, and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 48 Featured):

• Asahi Beverages
• Bacardi Limited
• Brown-Forman Corporation
• Campari Group
• Diageo plc
• Heaven Hill Brands
• Jim Beam Brands Co.
• Makers` Mark Distillery
• MGP Ingredients, Inc.
• Pernod Ricard S.A.
• Sazerac Company, Inc.
• The Edrington Group Limited
• The Indiana Whiskey Company
• Whyte & Mackay Ltd.
• William Grant & Sons Ltd.;