The global market for whiskey saw soaring growth in 2021 with worldwide revenues up to US$ 60 Bn. A new forecast by Fact.MR estimates that 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%.
Extensive rounds of primary and a comprehensive secondary research have been leveraged by the analysts at Fact.MR to arrive at various estimations and projections for Sales & Demand of Whiskey, its market share, production footprint, current launches, agreements, ongoing R&D projects, and market strategies.
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We leverage space-age industrial and digitalization tools to provide avant-garde actionable Whiskey Market insights to our clients.
SWOT analysis has been performed in the market study to investigate the strengths, weaknesses, opportunities and threats of each player, both at global and regional levels.
Key Segments Covered
-
Grain Type
- Malt Whiskey
- Wheat Whiskey
- Rye Whiskey
- Corn Whiskey
- Blended Whiskey
- Other Grain Type Whiskey
-
Quality
- Premium Whiskey
- High-End Premium Whiskey
- Super Premium Whiskey
The Market insights of Whiskey will improve the revenue impact of businesses in various industries by:
- Providing a framework tailored toward understanding the attractiveness quotient of various products/solutions/technologies in the Whiskey Market
- Guiding stakeholders to identify key problem areas pertaining to their consolidation strategies in the global Whiskey market and offers solutions
- Assessing the impact of changing regulatory dynamics in the regions in which companies are keen on expanding their footprints
- Provides understanding of disruptive technology trends to help businesses make their transitions smoothly
- Helping leading companies make strategy recalibrations ahead of their competitors and peers
- Offers insights into promising synergies for top players aiming to retain their leadership position in the market & supply side analysis of Whiskey market .
The latest industry analysis and survey on Whiskey provides sales outlook in 20+ countries, across key categories. Insights and outlook on Whiskey market drivers, trends, and influencing factors are also included in the study.
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This report gives you access to decisive data such as:
- Demand of Whiskey Market & Growth drivers
- Factors limiting Whiskey market growth
- Current key trends of Whiskey Market
- Market Size of Whiskey and Whiskey Sales projections for the coming years
The report also offers key trends of Whiskey market and an in-depth analysis of how the projected growth factors will shape the Whiskey market dynamics in the coming years of the forecast period.
Moreover, it also gives meaningful as well as actionable insights on the competitive analysis of Whiskey Market that are developing the current market scenario and which will be lucrative for the future demand of Whiskey Market.
Crucial insights in Whiskey market research report:
- Underlying macro- and microeconomic factors impacting the Sales of Whiskey market.
- Basic overview of the Whiskey, including market definition, classification, and applications.
- Scrutinization of each market player based on mergers & acquisitions, R&D projects, and product launches.
- Adoption trend and supply side analysis of Whiskey across various industries.
- Important regions and countries offering lucrative opportunities to market stakeholders.
The Demand of Whiskey Market study includes the current market scenario on the global platform and also Sales of Whiskey Market development during the forecast period.
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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.
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