Whisky Production Market Size 2024-2028
The whisky production market size is forecast to increase by USD 36.6 billion at a CAGR of 6.1% between 2023 and 2028. The market is experiencing significant changes driven by various factors. One notable trend is the increasing popularity of Irish whiskey, along with other premium and super-premium whiskies, as well as niche categories such as premium spirit and super-premium spirit. Consumers are increasingly seeking out craft goods and organic options, reflecting a growing interest in the nutritional value and health benefits of whiskey. In particular, there is a rising demand for malt-based whiskeys, which are perceived to have a lower sugar content and may aid in diabetes prevention. Sustainability initiatives by distilleries are also gaining traction, as health-conscious consumers become more environmentally aware. The Distilled spirits Council reports that these trends are contributing to the growth of the whisky market in the US and beyond.
What will be the Size of the Market During the Forecast Period?
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Raw Material
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
- 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
- 2.3 Factors of disruption
- Overview on factors of disruption
- 2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
3 Market Landscape
- 3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 3.2 Market characteristics
- Market characteristics analysis
4 Market Sizing
- 4.1 Market definition
- Offerings of companies included in the market definition
- 4.2 Market segment analysis
- 4.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)
5 Historic Market Size
- 5.1 Global Whisky Production Market 2018 - 2022
- Historic Market Size - Data Table on Global Whisky Production Market 2018 - 2022 ($ billion)
- 5.2 Raw Material segment analysis 2018 - 2022
- Historic Market Size - Raw Material Segment 2018 - 2022 ($ billion)
- 5.3 Product segment analysis 2018 - 2022
- Historic Market Size - Product Segment 2018 - 2022 ($ billion)
- 5.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
- 5.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ billion)
6 Qualitative Analysis
- 6.1 Impact of AI on the Global Whisky Production Market
7 Five Forces Analysis
- 7.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
- 7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
- 7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- 7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
- 7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
- 7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
- 7.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028
8 Market Segmentation by Raw Material
- 8.1 Market segments
- Chart on Raw Material - Market share 2023-2028 (%)
- Data Table on Raw Material - Market share 2023-2028 (%)
- 8.2 Comparison by Raw Material
- Chart on Comparison by Raw Material
- Data Table on Comparison by Raw Material
- 8.3 Wheat - Market size and forecast 2023-2028
- Chart on Wheat - Market size and forecast 2023-2028 ($ billion)
- Data Table on Wheat - Market size and forecast 2023-2028 ($ billion)
- Chart on Wheat - Year-over-year growth 2023-2028 (%)
- Data Table on Wheat - Year-over-year growth 2023-2028 (%)
- 8.4 Malt - Market size and forecast 2023-2028
- Chart on Malt - Market size and forecast 2023-2028 ($ billion)
- Data Table on Malt - Market size and forecast 2023-2028 ($ billion)
- Chart on Malt - Year-over-year growth 2023-2028 (%)
- Data Table on Malt - Year-over-year growth 2023-2028 (%)
- 8.5 Rye - Market size and forecast 2023-2028
- Chart on Rye - Market size and forecast 2023-2028 ($ billion)
- Data Table on Rye - Market size and forecast 2023-2028 ($ billion)
- Chart on Rye - Year-over-year growth 2023-2028 (%)
- Data Table on Rye - Year-over-year growth 2023-2028 (%)
- 8.6 Corn - Market size and forecast 2023-2028
- Chart on Corn - Market size and forecast 2023-2028 ($ billion)
- Data Table on Corn - Market size and forecast 2023-2028 ($ billion)
- Chart on Corn - Year-over-year growth 2023-2028 (%)
- Data Table on Corn - Year-over-year growth 2023-2028 (%)
- 8.7 Barley - Market size and forecast 2023-2028
- Chart on Barley - Market size and forecast 2023-2028 ($ billion)
- Data Table on Barley - Market size and forecast 2023-2028 ($ billion)
- Chart on Barley - Year-over-year growth 2023-2028 (%)
- Data Table on Barley - Year-over-year growth 2023-2028 (%)
- 8.8 Market opportunity by Raw Material
- Market opportunity by Raw Material ($ billion)
- Data Table on Market opportunity by Raw Material ($ billion)
9 Market Segmentation by Product
- 9.1 Market segments
- Chart on Product - Market share 2023-2028 (%)
- Data Table on Product - Market share 2023-2028 (%)
- 9.2 Comparison by Product
- Chart on Comparison by Product
- Data Table on Comparison by Product
- 9.3 Unflavored - Market size and forecast 2023-2028
- Chart on Unflavored - Market size and forecast 2023-2028 ($ billion)
- Data Table on Unflavored - Market size and forecast 2023-2028 ($ billion)
- Chart on Unflavored - Year-over-year growth 2023-2028 (%)
- Data Table on Unflavored - Year-over-year growth 2023-2028 (%)
- 9.4 Flavored - Market size and forecast 2023-2028
- Chart on Flavored - Market size and forecast 2023-2028 ($ billion)
- Data Table on Flavored - Market size and forecast 2023-2028 ($ billion)
- Chart on Flavored - Year-over-year growth 2023-2028 (%)
- Data Table on Flavored - Year-over-year growth 2023-2028 (%)
- 9.5 Market opportunity by Product
- Market opportunity by Product ($ billion)
- Data Table on Market opportunity by Product ($ billion)
10 Customer Landscape
- 10.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
11 Geographic Landscape
- 11.1 Geographic segmentation
- Chart on Market share by geography 2023-2028 (%)
- Data Table on Market share by geography 2023-2028 (%)
- 11.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 11.3 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ billion)
- Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 11.4 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
- 11.5 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 11.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ billion)
- Data Table on South America - Market size and forecast 2023-2028 ($ billion)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
- 11.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 11.8 India - Market size and forecast 2023-2028
- Chart on India - Market size and forecast 2023-2028 ($ billion)
- Data Table on India - Market size and forecast 2023-2028 ($ billion)
- Chart on India - Year-over-year growth 2023-2028 (%)
- Data Table on India - Year-over-year growth 2023-2028 (%)
- 11.9 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ billion)
- Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
- 11.10 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ billion)
- Data Table on China - Market size and forecast 2023-2028 ($ billion)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
- 11.11 Canada - Market size and forecast 2023-2028
- Chart on Canada - Market size and forecast 2023-2028 ($ billion)
- Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
- Chart on Canada - Year-over-year growth 2023-2028 (%)
- Data Table on Canada - Year-over-year growth 2023-2028 (%)
- 11.12 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ billion)
- Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
- 11.13 France - Market size and forecast 2023-2028
- Chart on France - Market size and forecast 2023-2028 ($ billion)
- Data Table on France - Market size and forecast 2023-2028 ($ billion)
- Chart on France - Year-over-year growth 2023-2028 (%)
- Data Table on France - Year-over-year growth 2023-2028 (%)
- 11.14 Ireland - Market size and forecast 2023-2028
- Chart on Ireland - Market size and forecast 2023-2028 ($ billion)
- Data Table on Ireland - Market size and forecast 2023-2028 ($ billion)
- Chart on Ireland - Year-over-year growth 2023-2028 (%)
- Data Table on Ireland - Year-over-year growth 2023-2028 (%)
- 11.15 Taiwan - Market size and forecast 2023-2028
- Chart on Taiwan - Market size and forecast 2023-2028 ($ billion)
- Data Table on Taiwan - Market size and forecast 2023-2028 ($ billion)
- Chart on Taiwan - Year-over-year growth 2023-2028 (%)
- Data Table on Taiwan - Year-over-year growth 2023-2028 (%)
- 11.16 Finland - Market size and forecast 2023-2028
- Chart on Finland - Market size and forecast 2023-2028 ($ billion)
- Data Table on Finland - Market size and forecast 2023-2028 ($ billion)
- Chart on Finland - Year-over-year growth 2023-2028 (%)
- Data Table on Finland - Year-over-year growth 2023-2028 (%)
- 11.17 Sweden - Market size and forecast 2023-2028
- Chart on Sweden - Market size and forecast 2023-2028 ($ billion)
- Data Table on Sweden - Market size and forecast 2023-2028 ($ billion)
- Chart on Sweden - Year-over-year growth 2023-2028 (%)
- Data Table on Sweden - Year-over-year growth 2023-2028 (%)
- 11.18 Market opportunity by geography
- Market opportunity by geography ($ billion)
- Data Tables on Market opportunity by geography ($ billion)
12 Drivers, Challenges, and Opportunity/Restraints
- 12.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
- 12.4 Market opportunities/restraints
13 Competitive Landscape
- 13.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 13.3 Landscape disruption
- Overview on factors of disruption
- 13.4 Industry risks
- Impact of key risks on business
14 Competitive Analysis
- 14.2 Company ranking index
- 14.3 Market positioning of companies
- Matrix on companies position and classification
- 14.4 Allied Blenders and Distillers Ltd
- Allied Blenders and Distillers Ltd - Overview
- Allied Blenders and Distillers Ltd - Product / Service
- Allied Blenders and Distillers Ltd - Key offerings
- SWOT
- 14.5 Bacardi and Co Ltd
- Bacardi and Co Ltd - Overview
- Bacardi and Co Ltd - Product / Service
- Bacardi and Co Ltd - Key news
- Bacardi and Co Ltd - Key offerings
- SWOT
- 14.6 Brown Forman Corp.
- Brown Forman Corp. - Overview
- Brown Forman Corp. - Product / Service
- Brown Forman Corp. - Key offerings
- SWOT
- 14.7 CLS REMY COINTREAU
- CLS REMY COINTREAU - Overview
- CLS REMY COINTREAU - Business segments
- CLS REMY COINTREAU - Key offerings
- CLS REMY COINTREAU - Segment focus
- SWOT
- 14.8 Constellation Brands Inc.
- Constellation Brands Inc. - Overview
- Constellation Brands Inc. - Business segments
- Constellation Brands Inc. - Key offerings
- Constellation Brands Inc. - Segment focus
- SWOT
- 14.9 Davide Campari-Milano N.V.
- Davide Campari-Milano N.V. - Overview
- Davide Campari-Milano N.V. - Business segments
- Davide Campari-Milano N.V. - Key offerings
- Davide Campari-Milano N.V. - Segment focus
- SWOT
- 14.10 Diageo PLC
- Diageo PLC - Overview
- Diageo PLC - Business segments
- Diageo PLC - Key news
- Diageo PLC - Key offerings
- Diageo PLC - Segment focus
- SWOT
- 14.11 Edradour Distillery
- Edradour Distillery - Overview
- Edradour Distillery - Product / Service
- Edradour Distillery - Key offerings
- SWOT
- 14.12 FOUR ROSES DISTILLERY LLC
- FOUR ROSES DISTILLERY LLC - Overview
- FOUR ROSES DISTILLERY LLC - Product / Service
- FOUR ROSES DISTILLERY LLC - Key offerings
- SWOT
- 14.13 International Beverage Holdings Ltd.
- International Beverage Holdings Ltd. - Overview
- International Beverage Holdings Ltd. - Product / Service
- International Beverage Holdings Ltd. - Key offerings
- SWOT
- 14.14 LVMH Moet Hennessy Louis Vuitton SE
- LVMH Moet Hennessy Louis Vuitton SE - Overview
- LVMH Moet Hennessy Louis Vuitton SE - Business segments
- LVMH Moet Hennessy Louis Vuitton SE - Key news
- LVMH Moet Hennessy Louis Vuitton SE - Key offerings
- LVMH Moet Hennessy Louis Vuitton SE - Segment focus
- SWOT
- 14.15 Pernod Ricard SA
- Pernod Ricard SA - Overview
- Pernod Ricard SA - Product / Service
- Pernod Ricard SA - Key news
- Pernod Ricard SA - Key offerings
- SWOT
- 14.16 Suntory Holdings Ltd
- Suntory Holdings Ltd - Overview
- Suntory Holdings Ltd - Business segments
- Suntory Holdings Ltd - Key news
- Suntory Holdings Ltd - Key offerings
- Suntory Holdings Ltd - Segment focus
- SWOT
- 14.17 The Edrington Group Ltd.
- The Edrington Group Ltd. - Overview
- The Edrington Group Ltd. - Product / Service
- The Edrington Group Ltd. - Key offerings
- SWOT
- 14.18 William Grant and Sons Ltd.
- William Grant and Sons Ltd. - Overview
- William Grant and Sons Ltd. - Product / Service
- William Grant and Sons Ltd. - Key offerings
- SWOT
15 Appendix
- 15.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 15.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 15.4 Research methodology
- 15.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 15.9 360 degree market analysis
- 360 degree market analysis
- 15.10 List of abbreviations