Global Whiskey Industry 2025 Market Report; Launched via gminsights.com - PowerPoint PPT Presentation

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Global Whiskey Industry 2025 Market Report; Launched via gminsights.com

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Whiskey Market Size By Product, By Distribution Channel, Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025 – PowerPoint PPT presentation

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Title: Global Whiskey Industry 2025 Market Report; Launched via gminsights.com


1
Whiskey Market size to exceed 84bn by 2025
2
Key Insights from Whiskey Market
  • Whiskey Market size is estimated to surpass USD
    84 billion by 2025 according to a new research
    report by Global Market Insights, Inc. Changing
    consumers 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.

3
Continued...
  • 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.
  • 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.
  • 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 Daniels, Jim Beam, Officers
    Choice, Imperial Blue, and Royal Stag.

4
North America Whiskey Market, By Product, 2018
2025, (Million Liters)

5

Browse Full Market Research Report On Whiskey
Market _at_ http//bit.ly/35vudg6 Request for a
Sample of this Research Report _at_ https//www.gmins
ights.com/request-sample/detail/3322 d etail/49
6
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