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Whiskey Market Gears Up for Exponential Surge

04-02-2024 10:41 AM CET | Food & Beverage

Press release from: Market Data Forecast

The global whiskey market size is expected to be valued at USD 65.62 thousand units in 2024 and reach USD 89.48 thousand units by 2029, growing at a CAGR of 6.40% from 2024 to 2029.

Global Whiskey Market Report Scope:
• Market Size (2029): USD 89.48 thousand units
• Market Size (2024): USD 65.62 thousand units
• CAGR (2024 to 2029): 6.40%
• Base Year: 2023
• Forecast Period: 2024 to 2029
• Segments Analysed: By Product, Premium and Region
• Geographies Covered: North America, Europe, APAC, Latin America, Middle East & Africa
• Key Market Players Profiled: Accolade Wines, Angus Dundee Distillers Plc, Constellation Brands, Inc, Allied Blenders and Distillers Pvt. Ltd, Bacardi Limited, Affymetrix, Inc, Alko, Asahi Brewers, Bruker Corporation, Danaher Corporation and Others.Are playing a dominant role in the global whiskey market.

According to many research reports, drinking whiskey in a moderate form improves well-being by lowering the risk of heart-related diseases. Therefore, the growing demand to produce large amounts of whiskey is surging the demand for the whiskey market. The launch of different styles of whiskey with the latest technological advancements is another key factor surging the market value. In both developed and developing countries, the demand to produce different styles of whiskey with different technologies is increasing eventually. Therefore, the trend towards the consumption of innovative and technologically manufactured whiskey is additionally prompting the market size. The rising number of health-conscious people is adding fuel to the growth rate of whiskey as people are more likely to drink alcoholic beverages in a moderate form for health benefits. The launch of the organic style of whiskey is gaining huge attention from consumers as it is naturally made from products such as barley, rye, maize, and others. Naturally manufactured whiskey always has huge health benefits, which substantially outweigh the growth opportunities for the market in the coming years. Rising disposable income and growing expenditure on the parties are prompting the growth rate of the whiskey market. As whiskey can be consumed by obese and diabetic people in moderate form due to its no salt or no fat content, the increasing number of obesity and diabetes patient's accounts for boosting the growth rate of the market. In addition, the launch of the best quality whiskey in favor of these people is likely to promote the market size.

Recent studies revealed that the moderate intake of high-quality whiskey has some additional benefits in preventing cancer cells that is gaining more attention from the consumers in recent years. All these factors are additionally featuring the growth rate of the market towards positive.

However, a lack of knowledge about the consumption of whiskey, especially in rural areas, is solely hindering the market value. The availability of duplicate whiskey, which costs very little when compared with the premium one, which is made from local brands, is negatively impacting the growth rate of the market. Small-scale companies are unable to expand their product portfolio due to a lack of investments. Government bodies are imposing stringent rules and regulations over the sales and distribution of the products, especially alcoholic beverages, which are estimated to impede the share of the whiskey market during the forecast period.

Browse full details of the report @ https://www.marketdataforecast.com/market-reports/whiskey-market.

Key Insights from the Report:

• By Product, the wheat whiskey segment dominated the market and accounted largest share of the global market share in 2023.
• By Premium, the Super Premium segment emerged as the largest segment in 2023
• The Europe region is expected to experience the highest growth rates in the forecast period
• Accolade Wines, Angus Dundee Distillers Plc, Constellation Brands, Inc, Allied Blenders and Distillers Pvt. Ltd, Bacardi Limited, Affymetrix, Inc, Alko, Asahi Brewers, Bruker Corporation, Danaher Corporation and Others.

SEGMENTATION INCLUDED IN THIS REPORT:
By Product:
• Malt Whisky
• Wheat Whisky
• Rye Whisky
• Corn Whisky
• Blended Whisky
By premium:
• Premium
• High End Premium
• Super Premium
By Region:
• North America
• Europe
• APAC
• Latin America
• Middle East & Africa

Browse Regional Reports:
North America whiskey market Research Report - segmented by product, premium, and Country (U.S, Canada & Rest of North America) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029) - https://www.marketdataforecast.com/market-reports/north-america-whiskey-market

Europe whiskey market Research Report - segmented by product, premium and Country (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029) - https://www.marketdataforecast.com/market-reports/europe-whiskey-market

APAC whiskey market Research Report - Segmented By product, premium & Country (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore & Rest of APAC) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029 ) - https://www.marketdataforecast.com/market-reports/asia-pacific-whiskey-market

MEA whiskey market Research Report - segmented by product, premium, and Country (KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan and Rest of MEA) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029) - https://www.marketdataforecast.com/market-reports/middle-east-and-africa-whiskey-market

Latin America whiskey market Research Report - segmented by product, premium & Country (Brazil, Argentina, Chile and Rest of Latin America) - Industry Analysis, Size, Share, Growth, Trends, & Forecast (2024 to 2029) - https://www.marketdataforecast.com/market-reports/latin-america-whiskey-market

TABLE OF CONTENTS:
1. Introduction
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferences
4. Market Dynamics
4.1 Impact Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.2 Products/Service
5.1.3 Regional Presence
5.2 Mergers & Acquisition Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Whiskey Market, By Product
6.1.1 Malt Whisky
6.1.2 Wheat Whisky
6.1.3 Rye Whisky
6.1.4 Corn Whisky
6.1.5 Blended Whisky
6.1.6 Market Size Estimations & Forecasts (2024-2029)
6.1.7 Y-o-Y Growth Rate Analysis
6.1.8 Market Attractiveness Index
6.2 Whiskey Market, By Premium
6.2.1 Premium
6.2.2 High End Premium
6.2.3 Super Premium
6.2.4 Market Size Estimations & Forecasts (2024-2029)
6.2.5 Y-o-Y Growth Rate Analysis
6.2.6 Market Attractiveness Index
7. Geographical Landscape
7.1 Regional Identity Governance and Administration Market, by Region
7.2 North America - Market Analysis (2024-2029)
7.2.1 By Country
7.2.1.1 USA
7.2.1.2 Canada
7.2.2 By Product
7.2.3 By Premium
7.3 Europe
7.3.1 By Country
7.3.1.1 UK
7.3.1.2 France
7.3.1.3 Germany
7.3.1.4 Spain
7.3.1.5 Italy
7.3.1.6 Rest of Europe
7.3.2 By Product
7.3.3 By Premium
7.4 Asia Pacific
7.4.1 By Country
7.4.1.1 China
7.4.1.2 India
7.4.1.3 Japan
7.4.1.4 South Korea
7.4.1.5 South East Asia
7.4.1.6 Australia & NZ
7.4.1.7 Rest of Asia-Pacific
7.4.2 By Product
7.4.3 By Premium
7.5 Latin America
7.5.1 By Country
7.5.1.1 Brazil
7.5.1.2 Argentina
7.5.1.3 Mexico
7.5.1.4 Rest of Latin America
7.5.2 By Product
7.5.3 By Premium
7.6 Middle East and Africa
7.6.1 By Country
7.6.1.1 Middle East
7.6.1.2 Africa
7.6.2 By Product
7.6.3 By Premium
8. Key Player Analysis
8.1 Accolade Wines
8.1.1 Business Description
8.1.2 Products/Service
8.1.3 Financials
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Angus Dundee Distillers Plc
8.3 Constellation Brands, Inc.
8.4 Allied Blenders and Distillers Pvt. Ltd.
8.5 Bacardi Limited
8.6 Affymetrix, Inc
8.7 Alko
8.8 Asahi Brewers
8.9 Bruker Corporation
8.10 Danaher Corporation
9. Market Outlook & Investment Opportunities
Appendix
List of Tables
List of Figures

About Us:
Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

Contact Us:
MarketDataForecast
www.marketdataforecast.com
Phone: 81217 75951
Email: sales@marketdataforecast.com
3rd floor, Trendz Park, Jain Rock Garden Rd, Vittal Rao Nagar, Madhapur, Hyderabad, Telangana 500081

MarketDataForecast
www.marketdataforecast.com
Phone: 81217 75951
Email: sales@marketdataforecast.com
3rd floor, Trendz Park, Jain Rock Garden Rd, Vittal Rao Nagar, Madhapur, Hyderabad, Telangana 500081

Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

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