High-end Premium Whiskey offers Lucrative Growth Opportunities with a CAGR of more than 7.5% : Fact.MR

Primarily driven by the ascending demand from young adult segment of consumers, the whiskey market is thriving with a healthy growth rate. Poised to grow at a CAGR of 6%, emerging economies in South Asia such as India and Indonesia present lucrative growth opportunities for whiskey manufacturers. Demand is driven by developing HoReCa infrastructure and rise of consumer communities that wish to buy and experiment with different blends of whiskey.

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Sales of whiskey reflect a shift in buying behavior with increased spending by high net worth income individuals. Cumulatively, these factors will drive global whiskey market to newer heights during the forecast period (from 2019 to 2029).post-execution engagement models. Our analysts offer quantified B2B research on market threats and opportunities. They also provide qualitative analysis of the global Whiskey Market.

Key Takeaways from Global Whiskey Market Study

Whiskey manufactured from blended grain continues to lead market demand and offers promising growth opportunities. Blended whiskey products will grow 1.4X during the forecast period. This can be attributed to the high availability and consumer consistency in choice of alcoholic beverage.

Premium whiskey brands will garner increased traction amidst growing consumer preference for this type on a regular basis. The price/quality ratio of premium whiskey is a driving force behind the mass-adoption of premium whiskeys globally.
High-end premium category offers lucrative growth opportunities with a CAGR of more than 7.5%.

South Asia & Oceania are pegged as largest demand generators through the forecast period.

Demand will grow 1.8X in this region throughout the forecast period. There is immense potential for market players to exploit rising urban culture in countries such as India.

The market is set of rapid expansion in developing regions of the world where a large consumer segment is purchasing premium, high-end, and super premium whiskeys.

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Global Whiskey Market: Segmentation

For clearer understanding of the Whiskey Market, analysts have segmented the market. The segmentation has been done on the basis of application, technology, and users. Each segment has been further explained with the help of graphs figures. This breakdown of the market gives the readers an objective view of the global Whiskey Market, which is essential to make sound investments.

Grain Type

Malt
Wheat
Rye
Corn
Blended
Others

Quality

Premium
High-End Premium
Super Premium

Following Questions Answers Covered in the Report are:

How will the global Whiskey Market perform during the forecast period? What will be the market size in terms of value and volume?

Which segment will drive the global Whiskey Market? Which regional market will show extensive growth in the future? What are the reasons?

How will the market dynamics change because of the impact of future market opportunities, restraints, and drivers?

What are the key strategies adopted by players to sustain themselves in the global Whiskey Market?

How will these strategies influence the market growth and competition?

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Regional analysis includes

North America (U.S., Canada)
Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
CIS & Russia
Japan
Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
Middle East and Africa (GCC Countries, Turkey, Iran, Israel, South Africa , Rest of MEA)

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The Report Covers Exhaustive Analysis On:

Market Segments
Market Dynamics
Market Size & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain

Key Players

Diageo
Chivas Brothers
William Grant & Sons
Bacardi
La Martiniquaise
The Edrington Group
Belvédère
Beam Suntory
Whyte & Mackay

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