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The Global Whiskey Market is poised to grow over the forecast years 2017-2022. Some key players in the market are Accolade Wines, Bacardi Ltd., Smirnoff, Unites Spirits, Beam Suntory, Diageo, Pernod Richard and so on.

01-23-2019 01:32 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Kenneth Research

The Global Whiskey Market is poised to grow over the forecast

The Global Whiskey Market is poised to grow at a CGAR of X% over the forecast years 2017-2022. Whiskey derives its meaning from a Gaelic word, which roughly translates to 'water of life'. It is considered to be affordable luxury, which leads to great investment and creation of products suitable to the palette of the consumers. The companies are further branching out to manufacture the premium, super premium and more recently, organic whiskey. Touted to be an evergreen market, the world loves its whiskey.

Market Dynamics
Factors which drive the global whiskey market are the ever-changing lifestyles, high disposable income, consumption habits of whiskey, demand for premium whiskey and so on.

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As whiskey is becoming increasingly popular amongst all age groups, new flavors and varieties are ushered into the already competitive Alcohol Industry, which throws a challenge at the already-established premium brands. New players enter the market every single day.

Some restraints which slow down the rate of growth of the industry are many legal regulations imposed by the governments of many countries, heavy taxation on liquor products and some health issues which are associated with whiskey consumption. The whiskey industry must work on these challenges and try to penetrate difficult markets by introducing more variety in order to show more growth.

Market Segmentation
There are three major subcategories of segmentation of whiskey, based on product, type and quality.
Product: Wheat, Malt, Corn, Rye, Blended
Quality: Premium, High-End Premium & Super Premium whiskey. Blended whiskey and premium whiskey hold the largest shares in the market.
Geographically: Scotch Whiskey, US Whiskey, Canadian Whiskey, Irish Whiskey and Others (Indian, Spanish and Japanese).

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Geographical Analysis
Europe leads the race with it being the largest market for production and consumption of whiskey. The major countries which contribute to this are Spain, Italy, UK, Germany and France. Asia-Pacific is the second largest market for production and consumption of whiskey, with India being the largest whiskey consumer in the entire Asia-Pacific region. North America also has a fine hold on the market, with the US having the largest consumption per capita. The African market is however growing at a slow rate and South Africa is the leading country here.
Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa

Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Global Whiskey Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage

Read More:https://www.kennethresearch.com/report-details/global-whiskey-market/10064848

About us

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulationKenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

Contact Us

Name:David
Email:sales@kennethresearch.com
Phone: +1 313 462 0609

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