Global Whiskey Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Whiskey Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Product Type (American Whisky, Irish Whisky, Scotch Whisky, Canadian Whisky, and Other Product Type), Distribution Channel (On-trade, and Off-trade), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Whiskey Market was valued at USD 66,840.7 million in 2023 and is expected to reach USD 98,004.3 million by 2031 while growing at a CAGR of 4.9% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global whiskey market growth. Whisky, or whiskey, is a distilled alcoholic drink crafted from fermented grain mash, which may include barley, corn, rye, or wheat. The production encompasses fermentation, distillation, and aging in oak casks, influencing the distinct qualities of whisky through factors like grain types, distillation methods, and aging conditions.
Increasing consumer preferences and sophistication, coupled with rising disposable income, drive the growth of the whisky market. However, obstacles such as high taxation and regulations, along with health concerns and regulatory scrutiny, may hinder market expansion.
Furthermore, the global whiskey industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Product Type Analysis
The Global Whiskey Market is segmented among American Whisky, Irish Whisky, Scotch Whisky, Canadian Whisky, and Other, based on Product Type. In 2023, Scotch Whisky accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Distribution Channel Analysis
The Global Whiskey Market is segmented among On-trade, and Off-trade, based on Distribution Channel. In 2023, Off-trade accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Whiskey Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Europe dominated the market with the highest market share, while North America is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Diageo PLC, William Grant & Sons Ltd, Pernod Ricard SA, Suntory Beverage & Food Ltd, The Brown Forman Corporation, The Edrington Group, Bacardi Limited, Asahi Group Holdings Ltd, Whyte & Mackay, and Kirin Holdings Company Limited (Fuji Gotemba)
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Whiskey Market Dynamics
Drivers
Restraints
Opportunity
4. Global Whiskey Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Whiskey Market Segmentation, By Product Type
Global Whiskey Market Share Analysis, By Product Type
Global Whiskey Market Growth Analysis, By Product Type
Global Whiskey Market Trends, By Product Type
o American Whisky
o Irish Whisky
o Scotch Whisky
o Canadian Whisky
o Other Product Types
6. Global Whiskey Market Segmentation, By Distribution Channel
Global Whiskey Market Share Analysis, By Distribution Channel
Global Whiskey Market Growth Analysis, By Distribution Channel
Global Whiskey Market Trends, By Distribution Channel
o On-trade
o Off-trade
7. Global Whiskey Market Segmentation, By Region
Global Whiskey Market Share Analysis, By Region
Global Whiskey Market Growth Analysis, By Region
Global Whiskey Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
Diageo PLC.*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
William Grant & Sons Ltd
Pernod Ricard SA
Suntory Beverage & Food Ltd
The Brown Forman Corporation
The Edrington Group
Bacardi Limited
Asahi Group Holdings Ltd
Whyte & Mackay
Kirin Holdings Company Limited (Fuji Gotemba)
*Similar analysis will be provided for each company listed above.