Market Research Future (Food and Beverages) Global Whiskey Market Research Report - Forecast | Page 3

Global Whiskey Market Research Report - Forecast to 2022
2 Market Overview
Looking at the current trend of throwing parties for every big or small occasion, one thing is for sure and that is that
the global whiskey market has a pretty bright and prosperous future ahead. During the forecast period of 2017-2027,
the market is expected to generate a revenue of around USD 8 billion. Whereas, in terms of CAGR the market will
tread forward at the rate of 5%.
The success and development of this market is a result of the cumulative efforts of a number of growth factors. One
of the major ones happens to be the upsurge in the demand for premium whiskey. People all over the world want
access to some of the best whiskey brands in the world and this fact is working wonder for the market.
Another aspect that positively impacts this market is the growing popularity of this drink amongst all age groups.
Once individuals cross the legal age to start consuming alcoholic beverages, their taste buds takes them over to
whiskey owing to unique flavor and texture. Thus, ultimately the market gets benefitted by it.
Intended Audience:
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Whiskey Manufacturers
Alcoholic Beverage Manufacturers
Hotel Industry
Retailers and wholesalers
Traders, Importers and Exporters
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