What is the global market size of American Whisky Market?

Global American Whisky Market was valued at USD 63.68 billion in 2021, and it is expected to reach a value of USD 107.13 billion by 2030, at a CAGR of 5.95% over the forecast period (2022–2028).

American Whisky Market Size, Share, Growth Analysis, By Type(Bourbon, Tennessee, and Rye Whiskey), By Quality(Off trade and on trade), By Region - Industry Forecast 2025-2032

Report ID: SQMIG30F2028 | Region: Global | Published Date: February, 2024
Pages: 242 | Tables: 61 | Figures: 64

American Whisky Market Regional Insights

North America dominated the global American whiskey market, followed by Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Despite the fact that American whiskey originated in the United States, it is widely consumed in India. However, countries such as France, Japan, the United Kingdom, Spain, and Germany, among others, are showing signs of increased whiskey consumption and are expected to be major markets during the forecast period.

Because of rising consumer purchasing power and rapid urbanization, India is a major market for American whiskey. Furthermore, India's young population is a major factor driving demand for American whiskey.

American Whisky Market Report Snapshots

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American Whisky Market size was valued at USD 11.2 Billion in 2023 and is poised to grow from USD 11.88 Billion in 2024 to USD 19.1 Billion by 2032, growing at a CAGR of 6.1% during the forecast period (2025-2032).

Global American Whisky Market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D. 'Heaven Hill Brands', 'Sazerac Company, Inc.', 'Luxco, Inc.', 'Castle Brands Inc.', 'Tuthilltown Spirits', 'Kirin Holdings Company', 'Limited.', 'Gruppo Campari.', 'Brown-Forman'

Increased International Travel

The whiskey market is dependent on shifting consumer habits, increased disposable income, more readily available whiskey, and rising premium whiskey demand. The flavoured whiskey industry has experienced great growth due to the increased availability of product variants with a wide range of flavours, including apple, cider, citrus, cinnamon, honey, peanut butter, cherry, and many more flavour are demanding by customers.

North America dominated the global American whiskey market, followed by Europe, Asia Pacific, Latin America, and the Middle East and Africa.

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American Whisky Market Size, Share, Growth Analysis, By Type(Bourbon, Tennessee, and Rye Whiskey), By Quality(Off trade and on trade), By Region - Industry Forecast 2025-2032

American Whisky Market Regional Insights

American Whisky Market Report Snapshots

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