Whiskey Market
Whiskey Market Analysis By Grain Type (Malt Whiskey, Wheat Whiskey, Rye Whiskey, Corn Whiskey, Blended Whiskey), By Quality (Premium, High-End Premium, Super Premium Whiskey) & By Region - Global Market Insights 2022 to 2032
Analysis of Whiskey market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Whiskey Market Outlook (2022 to 2032)
The global whiskey market is projected to expand steadily at a CAGR 6% value, during the forecast period 2022 to 2032. In the year 2022, the market size is projected to expand and gain a global market valuation of US$ 62 Billion. Considering this increasing growth and the booming demand in the global market, the whiskey market is expected to reach US$ 110 Billion by 2032.
Whiskey is an alcoholic beverage produced by fermenting malted rye, barley, maize, or wheat grain mash. It is often aged in oak barrels and enjoyed as a revitalizing and recreational beverage. Grain whiskey, scotch whiskey, blended whiskey, American whiskey, and Irish whiskey are the most common whiskey styles.
Whiskey drinking at a modest level is thought to be helpful to health since it lowers the chance of developing cardiac and blood pressure issues. However, excessive use is linked to serious health problems. In medical crises, it is also used to clean wounds instead of alcohol.
Report Attributes | Details |
---|---|
Global Growth Rate (2022 to 2032) | 6% CAGR |
Whiskey market Value 2022 | US$ 62 Billion |
Whiskey market Projected Value (2032) | US$ 110 Billion |
Base Year for Estimation | 2021 |
Historical Data | 2017 to 2021 |
Forecast Period | 2022 to 2032 |
Quantitative Units | USD Billion for Value |
Report Coverage | Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
Key Companies Profiled | Diageo; Chivas Brothers; William Grant & Sons; Bacardi; La Martiniquaise; The Edrington Group; Belvedere; Beam Suntory; Whyte & Mackay; Inver House; LVMH; Loch Lomond |
Report Customization & Pricing | Available upon Request |
Innovations and developments in the manufacture of alcoholic beverages, as well as a rise in the number of whiskey distilleries throughout the world, are among the primary drivers driving the market's expansion. Premium and super-premium whiskeys are also in high demand in both developed and emerging markets.
Furthermore, changing consumer lifestyles and the rising trend of socializing and mid-week/weekend gatherings among professionals are positively affecting the industry. Whiskey is frequently connected with a desire to demonstrate class and sophistication amongst peers, which has led to customers seeking out inventive and one-of-a-kind drinking experiences.
The market for blended whiskey is expected to rise significantly as the global customer base expands. Over the next several years, demand for super-premium beverages is expected to rise significantly in industrialized nations such as France, the United Kingdom, Canada, and the United States. "Innovation and premiumization," updated alcohol laws extending customers' access and choice, hospitality tax constraints, the expansion of "cocktail culture," and an emphasis on "craft" goods throughout developed nations are factors driving this growth.
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2017 to 2021 whiskey market Demand Analysis vs. Forecast 2022 to 2032
According to market research and competitive intelligence provider Fact.MR- the market for whiskey reflected a value CAGR of 4.5% during the historical period, 2017 to 2021.The COVID-19 pandemic has had an impact on the whiskey industry. According to the annual report of the company, Pernod Ricard, it has seen a 20% fall in profit margins.
This was due to the shutdown of several hotels, eateries, and liquor stores throughout the world, which reduced whiskey sales. Furthermore, with international visitor spending down by 65% globally and exports down, the whiskey business has seen a considerable decrease.
Premium whiskey sales have gained traction, with buyers trying with numerous brands from significant locations. After the first wave of COVID-19 pandemic, the sales increased even further, particularly in the Americas, with the Distilled Spirits Council (DISCUS) forecasting a 7.8% increase to US$ 32 Billion in 2021. Outdoor activity restrictions, such as those imposed on concerts and athletic events, resulted in higher expenditure on premium liquor.
According to Fact.MR, the global market for blended whiskey is expected to rise dramatically in the future decade due to an expanding client base. According to the analysis, the global whiskey sector will grow at a 6% CAGR from 2022 to 2032.
Prominent Growth Drivers Influencing Whiskey Market
Increased consumer attention towards brand ownership
The market is being driven ahead by a need for diversity in Scotch whisky from fast-growing emerging economies, as well as a desire for lower alcohol kinds and organic whiskey amongst health-conscious users. Furthermore, with a growing emphasis on healthy living throughout the world, individuals choose to consume top brands.
Also, top players in the market have started a new trend of organic whiskey. For example, companies like Bainbridge Organic Distillers have developed artisan-distilled spirits made from USDA-certified organic barley, triticale, wheat, and corn grown specifically for their distillery, and the value of each of their products is a reflection of the superiority of their cereals. Organic whiskey is often made from grains such as malt maize, barley, rye, and wheat.
Consumers favor the best whiskey brands because of their brand image and the quality they provide. For example, Diageo's Johnny Walker brand is gaining the most market share among other players worldwide. Such numbers are going to accelerate the demand during the forecast period.
Perceived health benefits of Whiskey to boost Overall Productivity
Global demand for whiskey is increasing as a result of rising understanding of its nutritional worth and health advantages, with customers using it as a cure for allergies such as flu and colds. Furthermore, because of its low or no sugar content, whiskey is increasingly popular among women throughout the world.
Obesity has resulted in the consumption of whiskey that contains no fat or low salt, hence minimizing weight retention. As diabetes becomes increasingly common over the world, there is a greater need for whiskey to decrease insulin levels and prevent the onset of diabetes.
Due to these perceived increased health advantages, global demand for whiskey is expected to skyrocket in the future years. Furthermore, whiskey has been linked to cancer prevention because of the presence of ellagic acid, which absorbs cancerous cells in the body. Such benefits are expected to skyrocket the demand during 2022 to 2032.
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What Could Possibly Hinder Whiskey Market Demand?
Stringent Government Restrictions will restrict Market Growth
Government laws and taxation policies influence market expansion. Whiskey is an alcoholic beverage that must adhere to different government restrictions, which is a major impediment to the industry's expansion.
For example, several national and state bodies govern the market in the United States. Companies in the business must adhere to the rules governing the manufacturing, sale, and distribution of alcoholic beverages inside national borders. As a result, several local and federal rules are impeding worldwide market expansion.
The United Stats put a 25% import duty on EU agricultural commodities, affecting liqueurs such as single-malt Scotch and single malt Irish whiskey. This imposed duty will raise the price of Scotch whisky for Americans, slowing the market's expansion. Such incidences if repeated during the forecast period, can stymie the growth.
Category-wise Insights
Which Grain Type is forecast to gain the Maximum Market Share?
Malt based Whiskey to remain Most-Preferred Type
The malt-based category is expected to lead the global whiskey market in 2022 and is likely to retain its dominance throughout the forecast period. The segment is predicted to gain a global market share of 65% by 2022.
According to Fact.MR, malt-based whiskey will see substantial growth, with a 6% CAGR until 2032. Taiwan, China and South Korea have the highest demand for malt-based whiskeys. Malt whiskies are available in single malt, pure and blended malt varieties.
Many malt-based whiskeys provide health benefits such as managing blood sugar, boosting heart rate, aiding digestion, and many more. As a result, malt-based whiskeys are considerably driving the market during the forecast period.
Which Quality Type will gain a Higher Share during the Forecast Period?
Super-premium category is being highly preferred by the customers
In 2022, the super-premium segment is expected to hold the major portion of the whiskey market by type, accounting for almost 40% of the global market share.
As the demand for super-premium whiskey grows, so will the number of limited edition bottlings. Whiskey's popularity has skyrocketed in the previous five years, opening up new markets for specialty items.
Distilleries have introduced a variety of goods to meet customer demand, including a variety of artisan brands, special editions from historic breweries across the world, and fresh releases from historic brands. Today's new forms of expression are anticipated to present modern consumers with a one-of-a-kind experience and hence propel the market growth.
Know thy Competitors
Competitive landscape highlights only certain players
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Country-wise Analysis
What is the outlook of the U.S Whiskey Market?
Consumer preferences towards super-premium whiskey will boost the market demand
The US market will be the most lucrative market for whiskey during the forecast period. As per Fact.MR, the US market is expected to gain a market share of 35% in 2022. The Distilled Spirits Council (DISCUS) stated that the persistent demand for super-premium American whiskey was driving consistent increase in sales for US spirits, with volume increasing by 5.4% in 2021.
American customers were especially interested in super-premium whiskey categories such as Scotch, Bourbon, Irish, and Canadian whiskeys, which all grew by double digits. Furthermore, revenues for Single Malt Scotch and Irish whiskey increased by 13.5% and 19%, respectively, to US$ 732 million and US$ 664 million. During the forecast term, such demand will boost the regional whiskey market growth.
What can be expected from the Indian market for Whiskey?
Availability of economic whiskey have increased the regional demand
India has emerged as one of the most profitable markets for the marketing of whiskey. Whiskies from India are offered at a variety of pricing points to suit consumers of various socioeconomic levels.
Economy whiskies, as opposed to high-end whiskies, utilize solely ENA and flavors. In India, the market is categorized into four categories: regular, economy, premium, and prestige. Regular and economy whiskies account for almost 70% of total volume.
Despite diminishing growth in the normal category, prestige and premium have grown in recent years. Since whiskeys in India include 42.8% ABV, there is a higher demand for them. According to Fact.MR's estimate, the Indian whiskey business is predicted to grow at a CAGR of roughly 5% between 2022 and 2032.
How is the growth of the whiskey market emerging in South Korea?
Increasing whiskey imports to accelerate the demand
South Koreans consume twice as much liquor as Russians and three times as much as Americans. They consume 14.8 shots of booze every week on average. They are the largest scotch whiskey users. 505 tons of whiskey were sold in South Korea in 2021.
South Korea is a major importer of whiskey in the globe. Between 2017 and 2021, the value of South Korean whiskey increased by 17% every year, while the quantity of whisky increased by 23%. The Korean market has consumed 19,840 tons of whiskey since the mid-1990s.
In the future, the development of a real home-grown whiskey brand might be the key to increasing the visibility of Korean whisky outside of its own nation. Despite being limited to the domestic market, local companies may soon be renowned globally for their ingenuity and great quality and this may propel the regional growth.
Start-up Scenario
- Bespoken Spirits has collected US$ 2.6 Million in seed investment by 2021 to begin their expedited spirits aging process. According to the business, their patent-pending method may save the spirits sector more than $20 billion each year. Their environmentally friendly technique allows consumers to move from concept to bottle in only a few days. They personalize the customer's spirit to their demands, saving years of time and up to 70% of their expenditures by utilizing materials science and data analytics.
- Ginglani Distillers has introduced its brands in the Delhi market in 2022, wants to grow their core staff, and scale up their marketing operations both in-retail and on social media.
Competitive Landscape
Manufacturers will grow their revenues and market share by increasing output and addressing customer demand through strategic partnerships. Malt-based goods will be available to end customers in the future thanks to new technology and products.
- Glenfiddich has switched its delivery fleet to renewable biogas created from whiskey leftovers by 2021. Glenfiddich, a single malt Scotch whiskey owned by William Grant & Sons, has undertaken a sustainability project by powering its fleet of delivery cars with biogas created from distillation wastes.
- Beam Suntory launched its first Indian whiskey outside of India in 2021. The firm showed its commitment to developing its business in North India by introducing five premium spirits as part of its objective of reaching US$ 1 Billion by 2030.
Key Segments Covered In the Whiskey Market Report
-
By Grain Type :
- Malt Whiskey
- Wheat Whiskey
- Rye Whiskey
- Corn Whiskey
- Blended Whiskey
- Other Grain Type Whiskey
-
By Quality :
- Premium
- High-End Premium
- Super Premium
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
Table of Content
- 1. Global Market - Executive Summary
- 2. Global Market Overview
- 3. Key Market Trends
- 4. Key Success Factors
- 5. Market Background
- 6. Global Market Size (US$ Mn) & Volume (Deca Liters) and Forecast, 2017 to 2032
- 7. Global Pricing Point Analysis
- 8. Global Market Value & Volume Analysis and Forecast 2017 to 2032
- 8.1. Global Market Value & Volume Analysis 2017 to 2021 and Forecast 2022 to 2032, by Grain Type
- 8.1.1. Malt
- 8.1.2. Wheat
- 8.1.3. Rye
- 8.1.4. Corn
- 8.1.5. Blended
- 8.1.6. Others
- 8.2. Global Market Value & Volume Analysis 2017 to 2021 and Forecast 2022 to 2032, by Quality
- 8.2.1. Premium
- 8.2.2. High-End Premium
- 8.2.3. Super Premium
- 8.3. Global Market Value & Volume Analysis 2017 to 2021 and Forecast 2022 to 2032, by Region
- 8.3.1. North America
- 8.3.2. Latin America
- 8.3.3. Europe
- 8.3.4. East Asia
- 8.3.5. South Asia & Oceania
- 8.3.6. MEA
- 8.1. Global Market Value & Volume Analysis 2017 to 2021 and Forecast 2022 to 2032, by Grain Type
- 9. North America Market Value & Volume Analysis and Forecast 2017 to 2032
- 10. Latin America Market Value & Volume Analysis and Forecast 2017 to 2032
- 11. Europe Market Value & Volume Analysis and Forecast 2017 to 2032
- 12. East Asia Market Value & Volume Analysis and Forecast 2017 to 2032
- 13. South Asia & Oceania Market Value & Volume Analysis and Forecast 2017 to 2032
- 14. Middle East & Africa Market Value & Volume Analysis and Forecast 2017 to 2032
- 15. Global Market - Prominent Countries Analysis
- 16. Competitive Assessment
- 17. Company Profiles
- 17.1. Diageo
- 17.2. Chivas Brothers
- 17.3. William Grant & Sons
- 17.4. Bacardi
- 17.5. La Martiniquaise
- 17.6. The Edrington Group
- 17.7. Belvédère
- 17.8. Beam Suntory
- 17.9. Whyte & Mackay
- 17.10. Inver House
- 17.11. LVMH
- 17.12. Loch Lomond
- 18. Fact.MR Research Methodology
- 19. Disclaimer & Contact Information
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List Of Table
Table 01: Global Market Value (US$ Mn) and Volume (Deca Liters) Analysis by Grain Type, 2017 to 2021
Table 02: Global Market Value (US$ Mn) and Volume (Deca Liters) Forecast by Grain Type, 2022 to 2032
Table 03: Global Market Value (US$ Mn) and Volume (Deca Liters) Analysis by Quality, 2017 to 2021
Table 04: Global Market Value (US$ Mn) and Volume (Deca Liters) Forecast by Quality, 2022 to 2032
Table 05: Global Market Value (US$ Mn) and Volume (Deca Liters) Analysis by Region, 2017 to 2021
Table 06: Global Market Value (US$ Mn) and Volume (Deca Liters) Forecast by Region, 2022 to 2032
Table 07: North America Market Value (US$ Mn) and Volume (Deca Liters) Analysis by Country, 2017 to 2021
Table 08: North America Market Value (US$ Mn) and Volume (Deca Liters) Forecast by Country, 2022 to 2032
Table 09: North America Market Value (US$ Mn) and Volume (Deca Liters) Analysis by Grain Type, 2017 to 2021
Table 10: North America Market Value (US$ Mn) and Volume (Deca Liters) Forecast by Grain Type, 2022 to 2032
Table 11: North America Market Value (US$ Mn) and Volume (Deca Liters) Analysis by Quality, 2017 to 2021
Table 12: North America Market Value (US$ Mn) and Volume (Deca Liters) Forecast by Quality, 2022 to 2032
Table 13: Latin America Market Value (US$ Mn) and Volume (Deca Liters) Analysis by Country, 2017 to 2021
Table 14: Latin America Market Value (US$ Mn) and Volume (Deca Liters) Forecast by Country, 2022 to 2032
Table 15: Latin America Market Value (US$ Mn) and Volume (Deca Liters) Analysis by Grain Type, 2017 to 2021
Table 16: Latin America Market Value (US$ Mn) and Volume (Deca Liters) Forecast by Grain Type, 2022 to 2032
Table 17: Latin America Market Value (US$ Mn) and Volume (Deca Liters) Analysis by Quality, 2017 to 2021
Table 18: Latin America Market Value (US$ Mn) and Volume (Deca Liters) Forecast by Quality, 2022 to 2032
Table 19: Europe Market Value (US$ Mn) and Volume (Deca Liters) Analysis by Country, 2017 to 2021
Table 20: Europe Market Value (US$ Mn) and Volume (Deca Liters) Forecast by Country, 2022 to 2032
Table 21: Europe Market Value (US$ Mn) and Volume (Deca Liters) Analysis by Grain Type, 2017 to 2021
Table 22: Europe Market Value (US$ Mn) and Volume (Deca Liters) Forecast by Grain Type, 2022 to 2032
Table 23: Europe Market Value (US$ Mn) and Volume (Deca Liters) Analysis by Quality, 2017 to 2021
Table 24: Europe Market Value (US$ Mn) and Volume (Deca Liters) Forecast by Quality, 2022 to 2032
Table 25: East Asia Market Value (US$ Mn) and Volume (Deca Liters) Analysis by Country, 2017 to 2021
Table 26: East Asia Market Value (US$ Mn) and Volume (Deca Liters) Forecast by Country, 2022 to 2032
Table 27: East Asia Market Value (US$ Mn) and Volume (Deca Liters) Analysis by Grain Type, 2017 to 2021
Table 28: East Asia Market Value (US$ Mn) and Volume (Deca Liters) Forecast by Grain Type, 2022 to 2032
Table 29: East Asia Market Value (US$ Mn) and Volume (Deca Liters) Analysis by Quality, 2017 to 2021
Table 30: East Asia Market Value (US$ Mn) and Volume (Deca Liters) Forecast by Quality, 2022 to 2032
Table 31: South Asia & Oceania Market Value (US$ Mn) and Volume (Deca Liters) Analysis by Country, 2017 to 2021
Table 32: South Asia & Oceania Market Value (US$ Mn) and Volume (Deca Liters) Forecast by Country, 2022 to 2032
Table 33: South Asia & Oceania Market Value (US$ Mn) and Volume (Deca Liters) Analysis by Grain Type, 2017 to 2021
Table 34: South Asia & Oceania Market Value (US$ Mn) and Volume (Deca Liters) Forecast by Grain Type, 2022 to 2032
Table 35: South Asia & Oceania Market Value (US$ Mn) and Volume (Deca Liters) Analysis by Quality, 2017 to 2021
Table 36: South Asia & Oceania Market Value (US$ Mn) and Volume (Deca Liters) Forecast by Quality, 2022 to 2032
Table 37: MEA Market Value (US$ Mn) and Volume (Deca Liters) Analysis by Country, 2017 to 2021
Table 38: MEA Market Value (US$ Mn) and Volume (Deca Liters) Forecast by Country, 2022 to 2032
Table 39: MEA Market Value (US$ Mn) and Volume (Deca Liters) Analysis by Grain Type, 2017 to 2021
Table 40: MEA Market Value (US$ Mn) and Volume (Deca Liters) Forecast by Grain Type, 2022 to 2032
Table 41: MEA Market Value (US$ Mn) and Volume (Deca Liters) Analysis by Quality, 2017 to 2021
Table 42: MEA Market Value (US$ Mn) and Volume (Deca Liters) Forecast by Quality, 2022 to 2032
Table 43: India Market Value (US$ Mn) and Volume (Deca Liters) Analysis by Grain Type, 2017 to 2021
Table 44: India Market Value (US$ Mn) and Volume (Deca Liters) Forecast by Grain Type, 2022 to 2032
Table 45: India Market Value (US$ Mn) and Volume (Deca Liters) Analysis by Quality, 2017 to 2021
Table 46: India Market Value (US$ Mn) and Volume (Deca Liters) Forecast by Quality, 2022 to 2032
Table 47: U.S. Market Value (US$ Mn) and Volume (Deca Liters) Analysis by Grain Type, 2017 to 2021
Table 48: U.S. Market Value (US$ Mn) and Volume (Deca Liters) Forecast by Grain Type, 2022 to 2032
Table 49: U.S. Market Value (US$ Mn) and Volume (Deca Liters) Analysis by Quality, 2017 to 2021
Table 50: U.S. Market Value (US$ Mn) and Volume (Deca Liters) Forecast by Quality, 2022 to 2032
Table 51: U.S. Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 52: Canada Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 53: Brazil Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 54: Mexico Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 55: Rest of MEA Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 56: Germany Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 57: Italy Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 58: France Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 59: U.K. Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 60: Spain Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 61: BENELUX Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 62: Russia Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 63: Rest of Europe Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 64: China Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 65: Japan Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 66: South Korea Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 67: India Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 68: Thailand Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 69: Indonesia Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 70: Malaysia Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 71: Australia & New Zealand Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 72: Rest of South Asia Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 73: GCC Countries Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 74: Turkey Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 75: South Africa Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 76: Northern Africa Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 77: Rest of MEA Market Absolute $ Opportunity Forecast by, 2022 to 2032
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List Of Figures
Figure 01: Global Market Historical Volume (Deca Liters), 2017 to 2021
Figure 02: Global Market Volume (Deca Liters) Forecast, 2022 to 2032
Figure 03: Global Market Historical Value (US$ Mn), 2017 to 2021
Figure 04: Global Market Value (US$ Mn) Forecast, 2022 to 2032
Figure 05: Global Market Absolute $ Opportunity, 2022 to 2032
Figure 06: Global Market Value Share & BPS Analysis by Grain Type- 2017, 2022 & 2032
Figure 07: Global Market Y-o-Y Projection by Grain Type, 2021 to 2032
Figure 08: Global Market Attractiveness by Grain Type, 2022 to 2032
Figure 09: Global Market Absolute $ Opportunity - Malt, 2017 to 2032
Figure 10: Global Market Absolute $ Opportunity - Wheat, 2017 to 2022
Figure 11: Global Market Absolute $ Opportunity - Rye, 2017 to 2022
Figure 12: Global Market Absolute $ Opportunity - Corn, 2017 to 2022
Figure 13: Global Market Absolute $ Opportunity - Blended, 2017 to 2022
Figure 14: Global Market Absolute $ Opportunity - Others, 2017 to 2022
Figure 15: Global Market Value Share & BPS Analysis by Quality- 2017, 2022 & 2032
Figure 16: Global Market Y-o-Y Projection by Quality, 2021 to 2032
Figure 17: Global Market Attractiveness by Quality, 2022 to 2032
Figure 18: Global Market Absolute $ Opportunity - Premium, 2017 to 2032
Figure 19: Global Market Absolute $ Opportunity - High End Premium, 2017 to 2022
Figure 20: Global Market Absolute $ Opportunity - Super Premium, 2017 to 2022
Figure 21: Global Market Value Share & BPS Analysis by Region- 2017, 2022 & 2032
Figure 22: Global Market Analysis by Region, 2021 to 2032
Figure 23: Global Market Analysis by Region, 2022 to 2032
Figure 24: Global Market Absolute $ Opportunity - North America, 2017 to 2032
Figure 25: Global Market Absolute $ Opportunity - Latin America, 2017 to 2032
Figure 26: Global Market Absolute $ Opportunity - Europe, 2017 to 2032
Figure 27: Global Market Absolute $ Opportunity - East Asia, 2017 to 2032
Figure 28: Global Market Absolute $ Opportunity - South Asia & Oceania, 2017 to 2032
Figure 29: Global Market Absolute $ Opportunity - MEA, 2017 to 2032
Figure 30: North America Market Historical Volume (Deca Liters), 2017 to 2021
Figure 31: North America Market Volume (Deca Liters) Forecast, 2022 to 2032
Figure 32: North America Market Historical Value (US$ Mn), 2017 to 2021
Figure 33: North America Market Value (US$ Mn) Forecast, 2022 to 2032
Figure 34: North America Market Value Share & BPS Analysis by Country- 2017, 2022 & 2032
Figure 35: North America Market Y-o-Y Projection by Country, 2021 to 2032
Figure 36: North America Market Attractiveness by Country, 2022 to 2032
Figure 37: North America Market Absolute $ Opportunity - U.S., 2017 to 2032
Figure 38: North America Market Absolute $ Opportunity - Canada, 2017 to 2022
Figure 39: North America Market Value Share & BPS Analysis by Grain Type- 2017, 2022 & 2032
Figure 40: North America Market Y-o-Y Projection by Grain Type, 2021 to 2032
Figure 41: North America Market Attractiveness by Grain Type, 2022 to 2032
Figure 42: North America Market Value Share & BPS Analysis by Quality- 2017, 2022 & 2032
Figure 43: North America Market Y-o-Y Projection by Quality, 2021 to 2032
Figure 44: North America Market Attractiveness by Quality, 2022 to 2032
Figure 45: Latin America Market Historical Volume (Deca Liters), 2017 to 2021
Figure 46: Latin America Market Volume (Deca Liters) Forecast, 2022 to 2032
Figure 47: Latin America Market Historical Value (US$ Mn), 2017 to 2021
Figure 48: Latin America Market Value (US$ Mn) Forecast, 2022 to 2032
Figure 49: Latin America Market Value Share & BPS Analysis by Country- 2017, 2022 & 2032
Figure 50: Latin America Market Y-o-Y Projection by Country, 2021 to 2032
Figure 51: Latin America Market Attractiveness by Country, 2022 to 2032
Figure 52: Latin America Market Absolute $ Opportunity - Brazil, 2017 to 2032
Figure 53: Latin America Market Absolute $ Opportunity - Mexico, 2017 to 2022
Figure 54: Latin America Market Absolute $ Opportunity - Rest of Latin America, 2017 to 2022
Figure 55: Latin America Market Value Share & BPS Analysis by Grain Type- 2017, 2022 & 2032
Figure 56: Latin America Market Y-o-Y Projection by Grain Type, 2021 to 2032
Figure 57: Latin America Market Attractiveness by Grain Type, 2022 to 2032
Figure 58: Latin America Market Value Share & BPS Analysis by Quality- 2017, 2022 & 2032
Figure 59: Latin America Market Y-o-Y Projection by Quality, 2021 to 2032
Figure 60: Latin America Market Attractiveness by Quality, 2022 to 2032
Figure 61: Europe Market Historical Volume (Deca Liters), 2017 to 2021
Figure 62: Europe Market Volume (Deca Liters) Forecast, 2022 to 2032
Figure 63: Europe Market Historical Value (US$ Mn), 2017 to 2021
Figure 64: Europe Market Value (US$ Mn) Forecast, 2022 to 2032
Figure 65: Europe Market Value Share & BPS Analysis by Country- 2017, 2022 & 2032
Figure 66: Europe Market Y-o-Y Projection by Country, 2021 to 2032
Figure 67: Europe Market Attractiveness by Country, 2022 to 2032
Figure 68: Europe Market Absolute $ Opportunity - Germany, 2017 to 2032
Figure 69: Europe Market Absolute $ Opportunity - Mexico, 2017 to 2022
Figure 70: Europe Market Absolute $ Opportunity - U.K., 2017 to 2022
Figure 71: Europe Market Absolute $ Opportunity - Spain, 2017 to 2032
Figure 72: Europe Market Absolute $ Opportunity - BENELUX, 2017 to 2022
Figure 73: Europe Market Absolute $ Opportunity - Russia, 2017 to 2022
Figure 74: Europe Market Absolute $ Opportunity - Rest of Europe, 2017 to 2022
Figure 75: Europe Market Value Share & BPS Analysis by Grain Type- 2017, 2022 & 2032
Figure 76: Europe Market Y-o-Y Projection by Grain Type, 2021 to 2032
Figure 77: Europe Market Attractiveness by Grain Type, 2022 to 2032
Figure 78: Europe Market Value Share & BPS Analysis by Quality- 2017, 2022 & 2032
Figure 79: Europe Market Y-o-Y Projection by Quality, 2021 to 2032
Figure 80: Europe Market Attractiveness by Quality, 2022 to 2032
Figure 81: East Asia Market Historical Volume (Deca Liters), 2017 to 2021
Figure 82: East Asia Market Volume (Deca Liters) Forecast, 2022 to 2032
Figure 83: East Asia Market Historical Value (US$ Mn), 2017 to 2021
Figure 84: East Asia Market Value (US$ Mn) Forecast, 2022 to 2032
Figure 85: East Asia Market Value Share & BPS Analysis by Country- 2017, 2022 & 2032
Figure 86: East Asia Market Y-o-Y Projection by Country, 2021 to 2032
Figure 87: East Asia Market Attractiveness by Country, 2022 to 2032
Figure 88: East Asia Market Absolute $ Opportunity - China, 2017 to 2032
Figure 89: East Asia Market Absolute $ Opportunity - Japan, 2017 to 2022
Figure 90: East Asia Market Absolute $ Opportunity - South Korea, 2017 to 2022
Figure 91: East Asia Market Value Share & BPS Analysis by Grain Type- 2017, 2022 & 2032
Figure 92: East Asia Market Y-o-Y Projection by Grain Type, 2021 to 2032
Figure 93: East Asia Market Attractiveness by Grain Type, 2022 to 2032
Figure 94: East Asia Market Value Share & BPS Analysis by Quality- 2017, 2022 & 2032
Figure 95: East Asia Market Y-o-Y Projection by Quality, 2021 to 2032
Figure 96: East Asia Market Attractiveness by Quality, 2022 to 2032
Figure 97: South Asia & Oceania Market Historical Volume (Deca Liters), 2017 to 2021
Figure 98: South Asia & Oceania Market Volume (Deca Liters) Forecast, 2022 to 2032
Figure 99: South Asia & Oceania Market Historical Value (US$ Mn), 2017 to 2021
Figure 100: South Asia & Oceania Market Value (US$ Mn) Forecast, 2022 to 2032
Figure 101: South Asia & Oceania Market Value Share & BPS Analysis by Country- 2017, 2022 & 2032
Figure 102: South Asia & Oceania Market Y-o-Y Projection by Country, 2021 to 2032
Figure 103: South Asia & Oceania Market Attractiveness by Country, 2022 to 2032
Figure 104: South Asia & Oceania Market Absolute $ Opportunity - India, 2017 to 2032
Figure 105: South Asia & Oceania Market Absolute $ Opportunity - Thailand, 2017 to 2022
Figure 106: South Asia & Oceania Market Absolute $ Opportunity - Indonesia, 2017 to 2022
Figure 107: South Asia & Oceania Market Absolute $ Opportunity - Malaysia, 2017 to 2022
Figure 108: South Asia & Oceania Market Absolute $ Opportunity - Australia & New Zealand, 2017 to 2022
Figure 109: South Asia & Oceania Market Absolute $ Opportunity - Rest of South Asia & Oceania, 2017 to 2022
Figure 110: South Asia & Oceania Market Value Share & BPS Analysis by Grain Type- 2017, 2022 & 2032
Figure 111: South Asia & Oceania Market Y-o-Y Projection by Grain Type, 2021 to 2032
Figure 112: South Asia & Oceania Market Attractiveness by Grain Type, 2022 to 2032
Figure 113: South Asia & Oceania Market Value Share & BPS Analysis by Quality- 2017, 2022 & 2032
Figure 114: South Asia & Oceania Market Y-o-Y Projection by Quality, 2021 to 2032
Figure 115: South Asia & Oceania Market Attractiveness by Quality, 2022 to 2032
Figure 116: MEA Market Historical Volume (Deca Liters), 2017 to 2021
Figure 117: MEA Market Volume (Deca Liters) Forecast, 2022 to 2032
Figure 118: MEA Market Historical Value (US$ Mn), 2017 to 2021
Figure 119: MEA Market Value (US$ Mn) Forecast, 2022 to 2032
Figure 120: MEA Market Value Share & BPS Analysis by Country- 2017, 2022 & 2032
Figure 121: MEA Market Y-o-Y Projection by Country, 2021 to 2032
Figure 122: MEA Market Attractiveness by Country, 2022 to 2032
Figure 123: MEA Market Absolute $ Opportunity - GCC Countries, 2017 to 2032
Figure 124: MEA Market Absolute $ Opportunity - Turkey, 2017 to 2022
Figure 125: MEA Market Absolute $ Opportunity - South Africa, 2017 to 2022
Figure 126: MEA Market Absolute $ Opportunity - Northern Africa, 2017 to 2022
Figure 127: MEA Market Absolute $ Opportunity - Rest of MEA, 2017 to 2022
Figure 128: MEA Market Value Share & BPS Analysis by Grain Type- 2017, 2022 & 2032
Figure 129: MEA Market Y-o-Y Projection by Grain Type, 2021 to 2032
Figure 130: MEA Market Attractiveness by Grain Type, 2022 to 2032
Figure 131: MEA Market Value Share & BPS Analysis by Quality- 2017, 2022 & 2032
Figure 132: MEA Market Y-o-Y Projection by Quality, 2021 to 2032
Figure 133: MEA Market Attractiveness by Quality, 2022 to 2032
Figure 134: India Market Value Share & BPS Analysis by Grain Type- 2017, 2022 & 2032
Figure 135: India Market Y-o-Y Projection by Grain Type, 2021 to 2032
Figure 136: India Market Attractiveness by Grain Type, 2022 to 2032
Figure 137: India Market Value Share & BPS Analysis by Quality- 2017, 2022 & 2032
Figure 138: India Market Y-o-Y Projection by Quality, 2021 to 2032
Figure 139: India Market Attractiveness by Quality, 2022 to 2032
Figure 140: U.S. Market Value Share & BPS Analysis by Grain Type- 2017, 2022 & 2032
Figure 141: U.S. Market Y-o-Y Projection by Grain Type, 2021 to 2032
Figure 142: U.S. Market Attractiveness by Grain Type, 2022 to 2032
Figure 143: U.S. Market Value Share & BPS Analysis by Quality- 2017, 2022 & 2032
Figure 144: U.S. Market Y-o-Y Projection by Quality, 2021 to 2032
Figure 145: U.S. Market Attractiveness by Quality, 2022 to 2032
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- FAQs -
What will be the projected market size of the whiskey market by 2032?
The whiskey market is forecast to reach a valuation of US$ 110 Billion by 2032, as per Fact.MR reports.
What will be the growth rate of the global whiskey market during the forecast period?
The global whiskey market is expected to grow with a 6% CAGR during 2022 to 2032.
At what rate did the whiskey market flourish from 2017 to 2021?
From 2017 to 2021, the whiskey market grew at a CAGR of 4.5%.
Which segment is expected to dominate the global whiskey market during 2022?
In 2022, the malt-based category is expected to occupy a 65% market share
What will be the outlook of the whiskey quality segment during the forecast period?
By quality, the super-premium segment is projected to hold a global market share of 40% in 2022.
How is the U.S whiskey market projected to grow during 2022 to 2032?
The U.S is predicted to acquire 35% of the global market share in 2022.
What was the outlook of the Indian whiskey market during 2022?
The Indian region is forecast to have a CAGR of 5% over the projection period of 2022 to 2032.
How will the South Korean Whiskey market grow?
Between 2017 and 2021, the value of South Korean whiskey increased by 17% every year, while the quantity of whisky increased by 23%.