A recent report published by Infinium Global Research on malt whiskey market provides in-depth analysis of segments and sub-segments in the global as well as regional malt whiskey market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional malt whiskey market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global malt whiskey market.
Malt whiskey is distilled from malted barley and typically aged in wooden casks. The production process involves malting the barley, which activates enzymes that convert starches into fermentable sugars. After fermentation, the liquid is distilled and then aged in oak barrels, contributing to its distinct flavor profile. Additionally, malt whiskies often exhibit a complex interplay of aromas and tastes, including notes of caramel, vanilla, fruit, and peat smoke, depending on factors such as the type of barley used, distillation methods, and aging conditions. This complexity has led to a growing appreciation among connoisseurs and enthusiasts, fostering a robust market for premium and artisanal malt whiskies. As consumers seek unique and high-quality spirits, malt whiskey stands out as a sophisticated and nuanced choice in the world of distilled beverages.
Rising consumer fascination with premium and craft spirits propels the malt whiskey market, driving demand for high-quality and unique offerings. Discerning consumers seek distinctive flavors and artisanal craftsmanship, fostering growth in the malt whiskey sector as it continues to cater to evolving preferences for premium and handcrafted spirits. Additionally, the surge in cocktail culture and mixology enthusiasm motivates consumers to experiment with diverse whiskey options, spurring increased demand for the malt whiskey market. As consumers seek unique and versatile spirits for crafting distinctive cocktails, malt whiskey gains prominence, contributing to its expanding market appeal and consumption. However, regulatory hurdles and elevated production expenses present obstacles to the malt whiskey market's growth. Compliance with stringent regulations and the financial burden of crafting quality malt whiskey hinder expansion, making it challenging for producers to navigate obstacles and achieve broader market penetration despite the product's popularity. Furthermore, surging worldwide demand for distinctive flavor profiles opens avenues for innovation and market diversification. Producers can capitalize on consumer preferences for unique tastes, driving creativity in whiskey production and fostering opportunities to explore new markets, ultimately enhancing the global appeal of malt whiskey.
In the global malt whiskey market, North America holds the largest share. This supremacy is primarily driven by the strong presence of major whiskey brands, such as Diageo, Beam Suntory, and Brown-Forman, which have established a loyal consumer base in the region. Moreover, North America boasts a well-developed distribution network and a growing preference for premium malt whiskeys, further fueling market growth. Moreover, the Asia Pacific region is projected to witness the fastest growth in the malt whiskey market. This rapid expansion is attributed to rising disposable incomes, increasing urbanization, and the growing adoption of Western culture among consumers. India, China, and Taiwan are expected to be the key growth drivers in this region. The increasing popularity of malt whiskey cocktails and the emergence of local malt whiskey brands are also contributing to the market's expansion.
Report Coverage | Details |
---|---|
Market Size in 2022 | USD 4.47 Billion |
Market Size by 2030 | USD 6.75 Billion |
Growth Rate from 2023 to 2030 | CAGR of 4.64% |
Largest Market | North America |
No. of Pages | 300 |
Market Drivers |
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Market Segmentation | By Type, By Age of Malt Whiskey, By Price Range, and By Distribution Channel |
Regional Scope | North America, Europe, Asia Pacific, and RoW |
The report on global malt whiskey market provides a detailed analysis of segments in the market based on Type, Age of Malt Whiskey, Price Range, and Distribution Channel.
· Scotch Whiskey
· Irish Whiskey
· American Whiskey
· Canadian Whiskey
· Japanese Whiskey
· Less than 12 years
· 12 to 18 years
· More than 18 years
· Premium
· Mid-range
· Economy
· Bars, Restaurants, and Pubs
· Supermarkets/ Hypermarkets
· Liquor Shops
· Pernod Ricard
· Alliance Global Group, Inc.
· Brown‑Forman
· Edrington
· Diageo
· ASAHI GROUP HOLDINGS, LTD.
· SUNTORY HOLDINGS LIMITED
· Rémy Cointreau
· Davide Campari
· Paul John Whisky
The report provides deep insights into demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the malt whiskey market. Moreover, the study highlights current market trends and provides forecasts from 2023-2030. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.