What is Whiskey Market?
Whiskey is a type of distilled alcohol. Whiskey is made from fermented grain mash. There are different type of row material is used to make whiskey such as malt, wheat, rye, corn, blended and others. As per the quality whiskey is divided such as premium whiskey, high-end premium whiskey and super premium whiskey. Jack Daniel's Tennessee whiskey, Crown Royal Canadian Whisky, Fireball Cinnamon Whisky and other these are most popular brand of whiskey. The antioxidant enhancement from whiskey helps in coronary heart disease deterrence.
The market study is being classified by Type (Scotch whisky, American Whisky, Irish Whiskey and Canadian Whisky), by Application (Bars & Resturant, Liquor Stores, Supermarkets, Mini Markets and Online Stores) and major geographies with country level break-up. According to AMA, the Global Whiskey market is expected to see growth rate of 5.1%
Beam Suntory (United States), Brown-Forman (United States), Diageo (United Kingdom), Gruppo Campari (Italy), Heaven Hill (United States), Alexandrion Grup (Romania), Barrel House Distilling (United States), Boone County Distilling (United States), Boundary Oak Distillery (United States), Kirin Brewery (Japan) and Michter's Distillery (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Sazerac (United States) and Willett Distillery (United States).
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Whiskey market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Whiskey market by Type, Application and Region.
On the basis of geography, the market of Whiskey has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Consumption Habit in Youth
- Up Surging Demand Due to Affordable Price
- Adoption of Premium Whiskey
- Introduction of Organic Whiskey
- High Taxation
- Increasing Health Awareness
- Availability of Alternative Such as Wine and Beer
- High Disposable Income
- Rising Dependency towards Innovative Organic Whiskey Product
- Strict Government Regulation
Market Leaders and some development strategies
On 12th November 2018, Sazerac Co. has bought 19 brands from liquor giant Diageo PLC. The brands are Seagramís V.O., Seagramís 83, Seagramís Five Star, Myersís, Romana Sambuca, Yukon Jack, Boothís, Goldschlager, Popov, Relska, The Club, Black Haus, Peligroso, Grind, Piehole, Parrot Bay, Stirrings, Scoresby and John Begg brands.
On 12th September 2018, Diageo (global leading player of alcohol) has launched its 2018 special release collections with ten remarkable limited-edition Scotch Whiskies.
Key Target AudienceWhiskey Manufactures, Whiskey Retailors/ Distributors, Industry Association, Potential Investors, Private Research Institutes, Government Research Institutes and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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