Adroit Market Research in its latest study titled, “Global Single Malt Whisky Market Size 2017 by Type (Scotch Whisky, American Whisky, Irish Whisky, Others), by Distribution Channel (Supermarkets, On-Trade, Specialist Retailers, Online, Convenience Stores), By Region and Forecast 2019 to 2025” covers the single malt whisky market revenue during 2012 to 2025, wherein 2012 to 2018 imply the actual annual revenue with forecast for the period 2019 and 2025. The global single malt whisky market report also includes qualitative insights of the market such as drivers, restraints, opportunities.
The global single malt whisky market revenue is estimated to reach USD 3.43 billion by 2025 driven by the rapid growth in Scotch whisky exports coupled with the rising middle class population in Asia Pacific which is the major revenue generating region for the global single malt whisky market. The increasing consumption demand for single malt whisky across the global markets is driven by passionate connoisseurs, investors and collectors along with the rising demand from the hugely expanding hotel industry.
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Whisky’s complexity, legacy and potential for innovation in craft distilling have rendered it more attractive to a hipster audience globally. Whisky was generally viewed as an older man’s drink. However, across the globe whisky has been witnessing a renaissance, with brands coming up with targeted products keeping the millennials and the hipster population in mind. Along with the targeted demography, the rising disposable income among the middle class population has led to increased purchasing power. Companies branding their products as premium beverages, add a level of sophistication which the people around the world are getting inclined towards.
The global single malt whisky market segmented on the basis of type was dominated by the Scotch whisky segment. This segment generated nearly 60% of the overall market revenue. Single malt Scotch whisky is among the most revered spirits among enthusiasts. It has a vast potential for variation, and it can offer complexity as well as simplicity, subtle whisper or unbridled power. Single malt Scotch whisky needs to be distilled at a single distillery in Scotland to be legally termed Scotch whisky. The high preference of this type is evident from its humongous export value. The U.S. was the largest importer of Scotch whisky and its imports were valued at USD 511.8 million between January and June in 2017. The high demand of Scotch whisky has led to the opening of new distilleries. In 2017, 10 new distilleries were opened to meet the rising demand from the global market.
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Asia-Pacific Single Malt Whisky Market Valuae Share, By Type, 2018 (USD Million)
The global single malt whisky market generated the highest revenue in Asia Pacific. This region accounted for almost 31% of the market revenue in 2018. China and Japan were the largest consumers of single malt whisky followed by Southeast Asian countries, and India. This region has a huge potential for the single malt whisky market due to the presence of a large number of emerging economies. The economic development has led to a significant rise in the number of middle class population which are the main driving force of the single malt whisky market in this region. The presence of regional distilleries have also contributed to the rising demand for the market in this region. The rapidly booming hotel industry in Asia Pacific is also a primary reason for the burgeoning sales of single malt whisky market. For example in Singapore alone 6 new whisky bars opened in the later 6 months of 2017. Furthermore, promotional festivals around the world, have also enabled increased sales of whisky.
Key segments of global single malt whisky market
Type Overview, 2015-2025 (USD Million)
- Scotch Whisky
- American Whisky
- Irish Whisky
- Others
Distribution Channels Overview, 2015-2025 (USD Million)
- Supermarkets
- On-Trade
- Specialist Retailers
- Online
- Convenience Stores
Regional Overview, 2015-2025 (USD Million)
- North America
- S.
- Canada
- Europe
- Spain
- UK
- Italy
- Germany
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Southeast Asia
- Rest of Asia-Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
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Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
Global Malt Whisky Market 2018-2025:This report studies the Global Malt Whisky Market size of key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Malt Whisky in these regions.This research report categorizes the global Malt Whisky market by players/brands, region, type and application.
This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis.In 2017, the global Malt Whisky market size was million US$ and is forecast to million US in 2025, growing at a CAGR of from 2018.
The objectives of this study are to define, segment, and project the size of the Malt Whisky market based on company, product type, application and key regions.The various contributors involved in the value chain of Malt Whisky Market include manufacturers, suppliers, distributors, intermediaries, and customers.The key manufacturers in the Malt Whisky Market includeSpeyburnAnCnoc CutterThe BalvenieBunnahabhainOld PulteneyThe MacallanCragganmoreHighland ParkGlenmorangieLaphroaigJuraLagavulinBowmoreSpringbankAberlour WhiskyBalblairRoyal BracklaCraigellachieAberfeldyThe DeveronAultmoreThe GlenlivetArdbegMarket Size Split by TypeScotch WhiskyAmerican WhiskyIrish WhiskeyCanadian WhiskyOthersMarket Size Split by ApplicationDomestic & Personal ConsumptionCommercial ConsumingRequest a sample of this report @ http://www.orbisresearch.com/contacts/request-sample/2312281Market size split by Region:North America: United States, Canada, MexicoAsia-Pacific: China, India, Japan, South Korea, Australia, Indonesia, Singapore, Malaysia, Philippines, Thailand, VietnamEurope: Germany, France, UK, Italy, Spain, RussiaCentral & South America: Brazil, Rest of Central & South AmericaMiddle East & Africa: GCC Countries, Turkey, Egypt, South AfricaAbout Us:Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements.
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Generally speaking, Grain whiskies are whiskies made from grains other than malted barley like rye, corn, or wheat.
Most whiskies made in America or Canada are of this type.Grain Whiskies often tend to be sidelined by so-called whisky enthusiasts as they don’t consider it exceedingly tasty or rich.
These whiskies can be very characteristic and full of flavor.
Depending on what your taste buds dictate, you can choose to drink any of these, or better yet, all as long as you’re giving grains a chance!Single Grain WhiskySingle grain whisky is often confusingly believed to contain only one grain.
So these whiskies are made from one distillery and contain any grains except for malted barley because that would make it single malt.The variation of even a grain can result in a significant distinction in taste even in the same whisky category.
If you’re a newcomer to the whisky world, these whiskies are the perfect beginners as they have sweet flavors generally complemented with cereal-ly notes and caramel tones so they slide smoothly through the throat and are best if you don’t enjoy overly smoky or intense flavors on your tongue.Grain Scotch WhiskyGrain scotch whisky is another stellar drink to enjoy on its own or in cocktails.
The Ardmore celebrates the distillery's unique location on the fringes of the Highlands, offering a lightly peated liquid that is sweet and uplifting.
The gentle flavour fully captures the essence of this spirit's stunning Highland home.
