The global whiskey market will thrive at a healthy 6% CAGR during 2019 – 2029, as projected by a new Fact.MR report. Key players in the whiskey market are opting for marketing and promotional partnerships in events, and at restaurants and bars, to better penetrate the millennial consumer demographic.
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Whiskey Market: Key Findings
Whiskey Market: Key Driving Factors
Whiskey Market: Key Restraints
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Competition Landscape
Manufacturers are leveraging high growth potential of whiskey markets in countries such as Mexico, India, and Indonesia. Industry heavyweights are prioritizing research and development activities for new flavour innovations. Key players are eying profits in evolving demand patters among millennial consumers, besides focusing on setting up new consumer communities. Prominent companies operating in whiskey market include, but are not limited to, Diageo, Loch Lomond Distillery Company, Chivas Brothers, LVMH Moët Hennessy – Louis Vuitton SE, William Grant & Sons, Inver House Distillers Ltd., Bacardi & Company Limited, and Belvédère International Inc.
About the Report
This 170-page study offers detailed market forecast on the whiskey market. The key categories covered in the report include grain type (malt, wheat, rye, corn, blended and others), quality (premium, high-end premium, and super premium). This analysis has been tracked on a country-wise level, with a total of 30+ countries across 6 key regions.
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