Global Whiskey Market
Whiskey Market Size And Forecast
According to Verified Market Research, the Global Whiskey Market was valued at USD 55.06 Billion in 2018 and is projected to reach USD 88.9 Billion by 2026, growing at a CAGR of 6.1% from 2019 to 2026.
Global Whiskey Market Outlook
Owing to changing lifestyles of consumers and the growing trend of socializing and mid-week/weekend parties among working professionals the global whiskey market is growing positively. Moreover, rising disposable income and resulting rise in demand for premium whiskey products are further expected to drive the market. Furthermore, the innovations and advancements in the manufacturing of alcoholic drinks along with an increase in the number of whiskey distilleries across the globe are the key factors fueling the market growth. On the other hand, various health concerns and issues associated with the consumption of whiskey and high taxes and strict legal regulations by the various governments in the different regions are the factors act as restraining factors in this market.
Global Whiskey Market Competitive Landscape
The Global Whiskey Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Asahi Group Holdings, Bacardi Limited, Angus Dundee Distillers Plc., La Martiniquaise, Allied Blenders and Distillers Pvt. Ltd., Constellation Brands, Inc., Pernod Ricard, Brown-Forman, Diageo, and Suntory Holdings Ltd.
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