Dublin, May 05, 2022 (GLOBE NEWSWIRE) -- The "Irish Whiskey Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global Irish whiskey market reached a value of US$ 4.33 Billion in 2021. Looking forward, the publisher expects the market to reach a value of US$ 6.91 Billion by 2027 exhibiting a CAGR of 7.60% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Irish whiskey is a dark distilled spirit that is triple distilled from a yeast-fermented mash of malted cereal grains, such as corn, wheat and barley. It is usually aged for a minimum of three years to impart a light, grainy, and smooth taste and flavor. It has zinc, iron, phosphorus, thiamine (vitamin B1), niacin (vitamin B3), ellagic acid, and antioxidants that assist in reducing the risk of pneumonia, hypertension, tuberculosis, and obesity. As a result, it is served with different food products or cocktail recipes like fancy martinis and simple soda highballs on account of its distinct flavor profile.
Irish Whiskey Market Trends:
The increasing alcohol consumption on account of its stimulating and sedating effects that can alter the mood, behavior, and neuropsychological functioning of an individual represents one of the key factors bolstering the market growth. This can also be attributed to the emerging need to relieve anxiety and stress due to the long working hours and hectic lifestyles of individuals. Apart from this, the rising trend of socializing and mid-week parties in corporate gatherings is contributing to the market growth. Moreover, the escalating demand for premium cocktails on account of rapid urbanization, improving lifestyles, and inflating disposable income is contributing to the market growth.
Furthermore, the growing utilization of Irish whiskey in fancy food recipes is offering lucrative growth opportunities to market players for increasing their supplies in the hotel, restaurant, and cafe (HORECA) sector. Besides this, key players are introducing Irish whiskey in new exotic flavors through e-commerce channels. They are also investing in unique product packaging to expand their existing consumer base, which is providing a positive outlook for the market.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global Irish whiskey market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, pricing and sales channel.
Breakup by Type:
- Blended
- Single Malt
- Single Pot Still
- Single Grain
Breakup by Pricing:
- Mass
- Premium
Breakup by Sales Channel:
- On-trade
- Off-trade
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Beam Suntory Inc. (Suntory Holdings Limited), Boann Distillery, Brown-Forman Corporation, Connacht Whiskey Company Limited, Diageo plc, Edrington, Pernod Ricard, Sazerac Company Inc., Teeling Whiskey Distillery, West Cork Distillers and William Grant & Sons Ltd.
Key Questions Answered in This Report:
- How has the global Irish whiskey market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global Irish whiskey market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the pricing?
- What is the breakup of the market based on the sales channel?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global Irish whiskey market and who are the key players?
- What is the degree of competition in the industry?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Irish Whiskey Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Blended
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Single Malt
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Single Pot Still
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Single Grain
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Pricing
7.1 Mass
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Premium
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Sales Channel
8.1 On-trade
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Off-trade
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Region
10 SWOT Analysis
11 Value Chain Analysis
12 Porters Five Forces Analysis
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Beam Suntory Inc. (Suntory Holdings Limited)
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Boann Distillery
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Brown-Forman Corporation
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 Connacht Whiskey Company Limited
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Diageo plc
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 Edrington
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 Pernod Ricard
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 Sazerac Company Inc.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Teeling Whiskey Distillery
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 West Cork Distillers
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 William Grant & Sons Ltd.
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
For more information about this report visit https://www.researchandmarkets.com/r/oey9rk
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