Global Irish Whiskey Market Valued at USD 4,568.7 Million in 2022, Expected to Reach Nearly USD 8,174.3 Million by 2030 with Over 7.69% CAGR | IGR

Infinium Global Research, a renowned market research firm, is delighted to announce the release of an extensive report on the Global Irish Whiskey Market. This report offers a detailed analysis of various segments and sub-segments within the global and regional Irish whiskey market. It sheds light on the significant impact of drivers, restraints, and macro-indicators, providing insights into the market's short-term and long-term trends.

The comprehensive report also presents forecasts and dollar values, painting a vivid picture of the global Irish whiskey market's trajectory. In 2022, the market was valued at approximately USD 4,568.7 Million and is anticipated to reach nearly USD 8,174.3 Million by 2030, exhibiting a compelling Compound Annual Growth Rate (CAGR) of over 7.69% during the forecast period.

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Irish Whiskey: A Unique Distilled Spirit with Health Benefits

Irish whiskey, known for its distinct characteristics, is a black distilled spirit that undergoes triple distillation from a mash of malted cereal grains, including corn, wheat, and barley, followed by yeast fermentation. Typically aged for at least three years, Irish whiskey is revered for its light, grainy, and smooth flavor. It is not only a beverage but also a source of antioxidants, including ellagic acid, as well as essential nutrients like zinc, iron, phosphorus, thiamine (vitamin B1), and niacin (vitamin B3). Consumption of Irish whiskey is associated with a lower risk of obesity, hypertension, tuberculosis, and pneumonia. Its unique flavor profile makes it a favored choice to pair with other foods and drinks, from high-end martinis to simple soda highballs.

Driving Market Expansion

The global Irish whiskey market is set for remarkable expansion, propelled by several key drivers. The rising consumption of alcohol is attributed to its stimulating and sedative effects, which can impact mood, behavior, and cognitive functioning. In today's fast-paced world, there is a growing need for anxiety and stress relief, further boosting Irish whiskey's popularity. Socializing and midweek parties at business events contribute to market growth, as does the increasing demand for premium cocktails driven by urbanization, improved lifestyles, and rising disposable income. Major manufacturers are utilizing e-commerce to introduce Irish whiskey in unique flavors and invest in distinctive product packaging to expand their customer base.

However, the availability of substitutes, such as Scottish and American Whisky brands, poses a challenge to the market's growth. To address this, innovation in new product offerings is expected to unlock new opportunities for market players.

Geographical Insights

Geographically, North America has been the largest revenue-generating market for Irish whiskey over the past decade. The United States is anticipated to maintain its significant growth, demonstrating the largest share during the forecast period. Meanwhile, the Asia-Pacific and LAMEA regions are poised for substantial expansion during the projected period, driven by their vast populations and the increasing use of alcohol.

Segmentation and Key Players

The report on the global Irish whiskey market provides an insightful breakdown of various segments, including type, pricing, and sales channel. The "type" sub-markets include single-malt Irish whiskey, single-pot Irish whiskey, and single-grain Irish whiskey. Within the "pricing" segment, the sub-markets are categorized as mass and premium. When it comes to "sales channel," the sub-markets are on-trade and off-trade.

The report also features profiles of key market players, including Beam Suntory Inc. (Suntory Holdings Limited), Boann Distillery, Brown-Forman Corporation, Connacht Whiskey Company Limited, Diageo plc, Edrington, Pernod Ricard, Sazerac Company Inc., Teeling Whiskey Distillery, and West Cork Distillers.

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Table of Content

Chapter 1. Preface

1.1. Report Description

1.2. Research Methods

1.3. Research Approaches

Chapter 2. Executive Summary

2.1. Irish Whiskey Market Highlights

2.2. Irish Whiskey Market Projection

2.3. Irish Whiskey Market Regional Highlights

Chapter 3. Global Irish Whiskey Market Overview

3.1. Introduction

3.2. Market Dynamics

3.2.1. Drivers

3.2.2. Restraints

3.2.3. Opportunities

3.3. Analysis of COVID-19 impact on the Irish Whiskey Market

3.4. Porter's Five Forces Analysis

3.5. IGR-Growth Matrix Analysis

3.5.1. IGR-Growth Matrix Analysis by Type

3.5.2. IGR-Growth Matrix Analysis by Pricing

3.5.3. IGR-Growth Matrix Analysis by Sales Channel

3.5.4. IGR-Growth Matrix Analysis by Region

3.6. Value Chain Analysis of the Irish Whiskey Market

Chapter 4. Irish Whiskey Market Macro Indicator Analysis

Chapter 5. Global Irish Whiskey Market by Type

5.1. Single-malt Irish Whiskey

5.2. Single-pot Irish Whiskey

5.3. Single-grain Irish Whiskey

Chapter 6. Global Irish Whiskey Market by Pricing

6.1. Mass

6.2. Premium

Chapter 7. Global Irish Whiskey Market by Sales Channel

7.1. On-trade

7.2. Off-trade

Chapter 8. Global Irish Whiskey Market by Region 2022-2028

8.1. North America

8.1.1. North America Irish Whiskey Market by Type

8.1.2. North America Irish Whiskey Market by Pricing

8.1.3. North America Irish Whiskey Market by Sales Channel

8.1.4. North America Irish Whiskey Market by Country

8.2. Europe

8.2.1. Europe Irish Whiskey Market by Type

8.2.2. Europe Irish Whiskey Market by Pricing

8.2.3. Europe Irish Whiskey Market by Sales Channel

8.2.4. Europe Irish Whiskey Market by Country

8.3. Asia-Pacific

8.3.1. Asia-Pacific Irish Whiskey Market by Type

8.3.2. Asia-Pacific Irish Whiskey Market by Pricing

8.3.3. Asia-Pacific Irish Whiskey Market by Sales Channel

8.3.4. Asia-Pacific Irish Whiskey Market by Country

8.4. RoW

8.4.1. RoW Irish Whiskey Market by Type

8.4.2. RoW Irish Whiskey Market by Pricing

8.4.3. RoW Irish Whiskey Market by Sales Channel

8.4.4. RoW Irish Whiskey Market by Sub-region

Chapter 9. Company Profiles and Competitive Landscape

9.1. Competitive Landscape in the Global Irish Whiskey Market

9.2. Companies Profiles

9.2.1. Beam Suntory Inc. (Suntory Holdings Limited)

9.2.2. Boann Distillery

9.2.3. Brown-Forman Corporation

9.2.4. Connacht Whiskey Company Limited

9.2.5. Diageo plc

9.2.6. Edrington

9.2.7. Pernod Ricard

9.2.8. Sazerac Company Inc.

9.2.9. Teeling Whiskey Distillery

9.2.10. West Cork Distillers

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Reasons to Buy this Report:

=> Comprehensive analysis of global as well as regional markets of irish whiskey.

=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.

=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.

=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.

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