Whiskey Market PPT: Overview, Dynamics, Trends, Segmentation, Application and Forecast to 2028

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Global Whiskey Market Research and Forecast
Report 2023-2028




Author Elena Anderson, Marketing Manager
IMARC Group
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
2019 IMARC All Rights Reserved
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Report Description and Highlights
Report Description
Global Whiskey Market Research Report The
latest report by IMARC, titled Whiskey Market
Global Industry Trends, Share, Size, Growth,
Opportunity and Forecast 2023-2028 " the global
whiskey market size reached US 64.0 Billion in
2022. Whiskey is an alcoholic drink crafted
through a meticulous process, which includes
fermenting grains, such as barley, corn, rye, or
wheat, and converting their starches into sugars.
These sugars are then fermented with yeast,
transforming them into alcohol. The resulting
liquid, known as the "wash," is distilled in
copper stills, separating the alcohol from
impurities and creating a spirit with a
distinctive character. Whiskey derives its
complex flavors from aging in oak barrels, which
imparts notes of vanilla, caramel, and spices.
Additionally, its components contribute to its
rich profile malted barley adds sweetness, corn
lends smoothness, rye introduces spiciness, and
wheat brings a softness to the blend. When
consumed in moderation, whiskey offers umpteen
health benefits, including reducing the risk of
heart disease, promoting good cholesterol levels,
and providing antioxidant properties. It is also
a low-carbohydrate, gluten-free beverage that
contains no fat or cholesterol. Moreover, its
distinct variations cater to a wide range of
preferences. Request Free Sample Report
https//www.imarcgroup.com/whiskey-market/requests
ample
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Report Description and Highlights
Report Description

Global Whiskey Market Trends The global whiskey
market is primarily bolstered by inflating
disposable incomes and changing consumer
preferences, particularly among the younger
demographic. Additionally, the rising popularity
of whiskey as a preferred spirit across the
globe, coupled with the growing cocktail culture,
is contributing to the market growth. In
confluence with this, the emergence of the
product as a luxury product and the globalization
of whiskey brands are also supporting the market
growth. Furthermore, the growing trend of whiskey
tourism, where distilleries offer immersive
experiences to consumers, is boosting the market
growth. Additionally, the increasing number of
whiskey bars, clubs, and festivals dedicated to
promoting and celebrating the spirit and the
influence of celebrity endorsements and
collaborations, as well as partnerships with
luxury brands, are propelling the market growth.
Furthermore, the rising interest in the product
as an investment opportunity and the expanding
e-commerce platforms and online retail channels
are providing an impetus to the market growth.
Moreover, the adoption of sustainable practices
and the shifting focus on organic craft
production methods are fueling the market growth.
In line with this, the introduction of innovative
flavors, blends, and limited editions, the
influence of social media platforms, and the
adoption of aggressive promotional strategies by
key players are providing a considerable thrust
to the market growth. The growing popularity of
whiskey-based cocktails, the increasing trend of
whiskey-tasting events and tourism, and the
expanding online retail channels are acting as
other factors driving the market growth. Besides
this, the diversification of product offerings,
the influence of whiskey appreciation societies
and clubs, and the impact of cultural heritage
and traditions associated with whiskey production
are favoring the market growth.
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Report Description and Highlights
Report Description

Other factors, such as the growing product
popularity as a gifting option, the emergence of
whiskey auctions and secondary markets, and the
continuous efforts by industry players to educate
consumers about the various types and
characteristics of whiskey, are accelerating the
market growth. Looking forward, the market value
is projected to reach US 91.3 Billion by 2028,
expanding at a CAGR of 6 during
2023-2028. Looking forward, the market value is
projected to reach a strong growth during the
forecast period (2023-2028).
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Report Description and Highlights
Report Description
Market Summary Breakup by Product Type
American Whiskey Irish Whiskey
Scotch Whiskey Canadian Whiskey
Others Breakup by Quality Premiu
m High-End Premium Super Premi
um Breakup by Distribution Channel Off
-Trade Supermarkets and Hypermar
kets Discount Stores
Online Stores

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Report Description and Highlights
Report Description
Others On-Trade
Restaurants and Bars
Liquor Stores
Others Breakup by Region
Europe North America Asia
Pacific Middle East and Africa
Latin America

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Report Description and Highlights
Report Description

• Competitive Landscape with Key Players
• Diageo plc
• Bacardi Limited Suntory Beverage Food Limited P
  ernod Ricard The BrownForman Corporation Asahi Gr
  oup Holdings Ltd William Grant Sons Holdings Ltd
  The Edrington Group Allied Blenders and
  Distillers Pvt Ltd Constellation Brands La Martini
  quaise
• View Full Report with TOC List of Figure
  https//www.imarcgroup.com/whiskey-market

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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Report Description and Highlights
Report Description

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