Blended Whiskey Market is Anticipated to Surpass Nearly US$ 108 Bn in Revenues by 2031 End

250 Pages Blended Whiskey Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider

The unprecedented COVID-19 pandemic has affected the global economy to a great extent. Considering the food industry, one of the most important sectors of the economy, a tremendous impact has been witnessed on the entire process from the field to the consumer. The restrictions in the movement of workers, closure of food production facilities, and changes in consumer demand have put excessive pressure on the food industry.

The report offers actionable and valuable market insights of Blended Whiskey. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Blended Whiskey Market across various industries and regions.

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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Blended Whiskey market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Blended Whiskey

This newly published and insightful report sheds light on Market Insights of Blended Whiskey, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Blended Whiskey Market.

Market Snapshot
The global market for Blended Whiskey saw soaring growth in 2021 with worldwide revenues up to US$ 60 Bn. A new forecast by Fact.MR estimates that Blended Whiskey revenues will nearly double between 2021 and 2031, reaching nearly US$ 108 Bn in 2031 with a compounded annual growth rate (CAGR) of 6%.

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Key Segments Covered

·         Grain Type
Malt Blended Whiskey
Wheat Blended Whiskey
Rye Blended Whiskey
Corn Blended Whiskey
Blended Blended Whiskey
Other Grain Type Blended Whiskey

·         Quality
Premium Blended Whiskey
High-End Premium Blended Whiskey
Super Premium Blended Whiskey

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Competitive Landscape
Increasing production and satisfying consumer demand through strategic collaboration will lead to increased revenues and market share for manufacturers. New technologies and products will provide end-users with malt-based products in the future.

On August 10th, 2021, Glenfiddich converted its delivery fleet to green biogas made from whisky residue. Glenfiddich, a single malt Scotch whisky owned by William Grant & Sons, has launched a sustainability initiative by utilizing biogas produced from its distillation residues to power its fleet of delivery vehicles.

Likewise, on August 10th, 2021, Beam Suntory officially introduced its first Indian whisky outside the country. By launching five premium spirits in North India, the company signaled that it was committed to expanding its business there, as part of its goal to reach US$ 1 billion by 2030.

Key Takeaways from Global Blended Whiskey Market Study

Blended Whiskey manufactured from blended grain continues to lead market demand and offers promising growth opportunities. Blended 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 Blended Whiskey brands will garner increased traction amidst growing consumer preference for this type on a regular basis. The price/quality ratio of premium Blended Whiskey is a driving force behind the mass-adoption of premium Blended 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 Blended Whiskeys.

“Finished Blended Whiskey in used casks of sherry, run, cognac, wine, and other Blended Whiskeys is creating an emerging market for diverse flavors. The challenge for manufacturers is creating a stable blend which can be produced at scale while at the same time garners consumer traction. The global Blended Whiskey market is shifting focus towards developing countries to leverage the growth and development of infrastructure and multiplying number of new consumers.” -Fact MR Analyst

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More Valuable Insights on Blended Whiskey Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Blended Whiskey, Sales and Demand of Blended Whiskey, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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