Global Whisky Market By Product (Scotch Whisky, American Whisky, Canadian Whisky, Irish Whiskey), By Distribution Channel (Bars & Restaurants, Liquor Stores, Supermarkets/Hypermarkets, Mini Markets, Online Stores), By Region, and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2031

The global whisky market is projected to be US$ 67,155.3 Mn in 2020 to reach US$ 117,921.1 Mn by 2030 at a CAGR of 5.9%.

The rapid expansion of the foodservice industry has led to the increased sales of whisky in bars & restaurants across the globe

Market.us announces the publication of its most recently generated research report titled, “Global Whisky Market by Product Type (Scotch Whisky, American Whisky, Canadian Whisky, Irish Whiskey, and Other Whiskey), By Distribution Channel (Bars & Restaurants, Liquor Stores, Supermarkets/Hypermarkets, Mini Markets, and Online Stores), and by Region– Global Forecast to 2030”, which offers a holistic view of the global whisky market through systematic segmentation that covers every aspect of the target market.

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Global whisky market overview:

Whisky originates from Ireland and Scotland, and is derived from the Scots Gaelic word - ‘Uisge Beatha,’ or ‘Usquebaugh,’ which signifies/implies ‘water of life.’ The term whisky refers to a distilled alcoholic beverage made through the process of fermenting grain mash or distilling beer.

A variety of grains that are used in this fermentation process are barley, corn, rye, and wheat. The aging of whisky is done in a wooden cask; a usual preference is that the wooden cask is made from charred white oak. The minimum aging period for whisky is 3 years, the more a whisky ages, the better the end product.

Whisky has been known to only age in a wooden cask under specific environmental conditions and not in glass bottles. The minimum alcohol content in whisky must be at least 40%. Whisky is a spirit that is heavily regulated on a global level.

Based on the region of origin, there are different types of whisky. However, whisky is generally classified under two categories - single malt and industrial whisky (double malt or grain whisky).

A major difference between single malt and double malt whisky is that single malt whisky is only made from malted barley, whereas grain whisky is derived through the fermentation of a variety of grains such as wheat, corn, and rye, among others, in a certain ratio to enhance its taste, fragrance and alcohol content.

The production process of whisky includes - preparation, mashing, fermentation, distillation, aging, and bottling.

Global Whisky Market Revenue (US$ Mn), 2020–2030

The continuous change in lifestyles, as well as the increase in per capita incomes, has resulted in individuals developing better purchasing powers, which is also allowing them to choose from/purchase brands or products that may have once been referred to by these individuals as premium or highly-premium.

Moreover, the steady adoption of whisky as a drink of choice by a rising number of individuals further aids this market's global footprint.

The rapid expansion of the food service industry has led to increased whiskey sales in bars & restaurants across the globe. The increase in tourism, along with the rise in various other celebratory gatherings or events, are also factors that are expected to also contribute to the revenue growth of this industry.

Stringent regulations concerning the consumption, sale, and production of whiskey and heavily imposed taxes are major factors hampering the financial growth of this target market.

Global Whisky Market Attractiveness Analysis by Product Type, 2014–2030

The global whisky market is segmented based on product type, distribution channel, and region. Based on product type, the market is segmented into scotch whisky, American whisky, Canadian whisky, Irish whiskey, and other whiskeys.

Scotch whisky is expected to register the highest CAGR, followed by American whisky in the global whisky market.

Based on the distribution channel, the market is segmented into bars & restaurants, liquor stores, supermarkets/hypermarkets, mini markets, and online stores. The liquor stores segment in the global whisky market is estimated to account for a majority revenue share in 2020 end.

The research report on the global whisky market includes profiles of some of the major companies such as Asahi Group Holdings Ltd.

(Asahi Breweries), Diageo Plc, Kirin Holdings Company, Limited., Pernod Ricard SA, Constellation Brands, Inc. (High West Distillery), Bacardi Ltd, Brown–Forman Corporation, Beam Suntory, Inc., Sazerac Company Inc., Radico Khaitan Ltd., Tilaknagar Industries Ltd., John Distilleries Private Limited, Alexandrion Group, Highwood Distillers, Shiva Distilleries Private Limited, Boone County Distilling Company Llc, Willett Distilling, Michter's Distillery, Barrel House Distilling Co, Heaven Hill Distilleries Inc., Alltech Inc. (Lexington Brewing and Distilling Co.), and Gruppo Campari.

Global Whisky Market Segmentation Based on Product Type, Distribution Channel, and Region

Based on Product Type:

• American Whisky
• Canadian Whisky
• Irish Whiskey
• Scotch Whisky

Based on Distribution Channel:

• Bars & Restaurants
• Liquor Stores
• Supermarkets
• Mini Markets
• Online Stores

Based on Key Players:

• Asahi Group Holdings Ltd. (Asahi Breweries)
• Diageo Plc
• Kirin Holdings Company
• Limited.
• Pernod Ricard SA
• Constellation Brands Inc. (High West Distillery)
• Bacardi Ltd
• Brown–Forman Corporation
• Beam Suntory Inc.
• Sazerac Company Inc.
• Radico Khaitan Ltd.
• Tilaknagar Industries Ltd.
• John Distilleries Private Limited
• Alexandrion Group
• Highwood Distillers
• Shiva Distilleries Private Limited
• Boone County Distilling Company Llc
• Willett Distilling
• Michter's Distillery
• Barrel House Distilling Co
• Heaven Hill Distilleries Inc.
• Alltech Inc. (Lexington Brewing and Distilling Co.)
• Gruppo Campari

Based on Regions:

• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

For the Whisky Market research study, the following years have been considered to estimate the market size: