Whiskey Market to Record 5% Y-O-Y Growth Rate in 2021 | The Irish
NEW YORK, Jan. 19, 2022 /PRNewswire/ — Global Whiskey Market Facts at a Glance-
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Total Pages: 120
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Companies: 10+ – Bacardi Ltd., Beam Suntory Inc., Brown Forman Corp., Constellation Brands Inc., Davide Campari Milano Spa, Diageo Plc, LVMH Moet Hennessy Louis Vuitton, Pernod Ricard SA, William Grant and Sons Ltd., Allied Blenders and Distillers Pvt. Ltd. among others.
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Coverage: Key drivers, trends, and challenges; Product insights & news; Value chain analysis; Parent market analysis; Vendor landscape; COVID impact & recovery analysis
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Segments: Product (Scotch whiskey, American whiskey, Canadian whiskey, Irish Whiskey) and Distributional Channel (Off trade, On trade)
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Geographies: APAC, Europe, North America, South America, and MEA
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According to the recent market study by Technavio, the Global Whiskey Market is expected to increase by USD 28.67 billion from 2020 to 2025, at an accelerated CAGR of 5.64%. The report provides a detailed analysis of drivers & opportunities, top winning strategies, competitive scenario, future market trends, market size & estimations, and major investment pockets.
APAC will register the highest growth rate of 51% among the other regions. India and Thailand are the key markets for whiskey in APAC. Moreover, market growth in APAC will be faster than the growth of the market in other regions.
Download FREE Sample: for more additional information about the key countries in APAC.
Vendor Insights-
The Whiskey market is fragmented, and the vendors are deploying growth strategies such as promoting their product offerings through a clear and unique value proposition to survive in the competitive market.
The global whiskey market is characterized by various large, small and medium-sized manufacturers and most of the major players have a global extensive sales and distribution network. Whereas, on the other hand, various small players are extensively concentrated in the regional markets.
Rivalry among vendors is high. Vendors, therefore, opt for pricing and marketing strategies to retain their existing market shares and seize new market opportunities. However, the market is already very competitive due to the presence of a moderate number of vendors.
Find additional highlights on the vendors and their product offerings. Download Free Sample Report
Regional Market Outlook
The global whiskey market share growth in APAC…
Read More: Whiskey Market to Record 5% Y-O-Y Growth Rate in 2021 | The Irish