Global Whiskey Market 2016-2020 - New Study Released

From: Fast Market Research, Inc.
Published: Mon Jan 11 2016


In 2015, the global whiskey market was the third largest segment and also the fastest growing segment in the global spirits market and is expected to register a CAGR of more than 5% between 2016 and 2020. The demand for premium whiskey is on the rise, especially in major markets such as the UK and the US, and is one of the key drivers of the global whiskey market. Balblair Highland Single Malt Scotch Whisky 1999, Hudson Baby Bourbon Whiskey, and Suntory Yamazaki Distiller's Reserve Single Malt Whisky are some of the famous brands of premium whiskey.

The growing popularity and demand for Irish whiskey and American bourbon is another major trend driving the growth of the whiskey market globally. Irish whiskey and the American whiskey is projected to grow at a CAGR of more than 8% and 7%, respectively during the forecast period.

Product segmentation and analysis of the global whiskey market

Scotch whisky

US whiskey

Canadian whisky

Irish whiskey

Other whiskey (Indian whiskey, national whiskey, Spanish whiskey, and Japanese whiskey)

Full Report Details at
- http://www.fastmr.com/prod/1107441_global_whiskey_20162020.aspx?afid=302

In 2015, the whiskey market was dominated by the other whiskey segment, accounting for almost 56% of the market share. The growth of this segment is mainly attributed to the high demand of the Indian whiskey, which is one of the most consumed alcoholic beverages in the world. However, the growth of the other whiskey segment is projected to slow down a tad in the next five years.

Segmentation and analysis of the global whiskey market by distribution channel

Supermarkets/hypermarkets

On-trade

Specialist retailers

Online

Convenience stores

In 2015, the market was dominated by the supermarkets/hypermarkets, accounting for more than 35% of the market in terms of volume. For instance, supermarkets and hypermarkets are set to grow at an annual growth rate of approximately 12% in Qatar. In ASEAN countries, the penetration of modern retail chains has increased from 11%-38% in 2009 to 16%-45% in 2014.

Competitive landscape and key vendors

The growing popularity of whiskey among all age groups is motivating vendors to usher in new flavors and varieties in the competitive Alcohol industry, which in turn acts as a challenge to the established premium brands. Many new whiskey brands are emerging from across the world such as Japan, Croatia, Spain, Sweden, Taiwan, Romania, New Zealand, and China, thereby intensifying the competition in the market.

The leading vendors in the market are -

ABD Distillers

Beam Suntory

Brown-Forman

Diageo

Pernod Ricard

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- Global Whiskey Market: Trends and Statistical Analysis 2015-2019
- Global Spirits Market: News and Events January 2015
- Global Spirits Market: News and Events February 2015
- Global Pharmacy Information System Market - Global Forecast to 2019
- Chiral Separation Column Market - Global Forecast to 2019

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

Visit website »