Whiskey Market

By Product Type;

American Whiskey, Irish Whiskey, Scotch Whiskey, Canadian Whiskey and Others

By End User;

Men and Women

By Category;

Mass and Premium

By Ingredient;

Corn, Malt, Blended and Others

By Distribution Channel;

On-Trade and Off-Trade

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn897370880 Published Date: September, 2025 Updated Date: October, 2025

Introduction

Global Whiskey Market (USD Million), 2021 - 2031

In the year 2024, the Global Whiskey Market was valued at USD 70,193.15 million. The size of this market is expected to increase to USD 104,967.40 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.9%.


Whiskey Market

*Market size in USD million

CAGR 5.9 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.9 %
Market Size (2024)USD 70,193.15 Million
Market Size (2031)USD 104,967.40 Million
Market ConcentrationMedium
Report Pages367
70,193.15
2024
104,967.40
2031

Major Players

  • Angus Dundee Distillers Plc.
  • Allied Blenders and Distillers Pvt. Ltd.
  • Bacardi Limited
  • Pernod Ricard
  • Brown-Forman
  • Constellation Brands, Inc.
  • Diageo
  • Suntory Holdings Ltd.
  • Asahi Group Holdings
  • La Martiniquaise

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Whiskey Market

Fragmented - Highly competitive market without dominant players


The global whiskey market is a dynamic and diverse sector within the spirits industry, characterized by a rich heritage and a wide range of styles and flavors. Whiskey, known for its complex taste profiles derived from grain mash fermentation and aging in wooden casks, enjoys a global presence with strong consumer demand across various demographics. Regions like Scotland, Ireland, the United States, and Japan are renowned for their distinct whiskey traditions, each offering unique flavors and production techniques that cater to different consumer preferences.

In recent years, the whiskey market has seen significant growth driven by increasing consumer interest in premium and craft spirits. This trend has led to a proliferation of small-batch and artisanal whiskey producers, challenging traditional market leaders and contributing to a more competitive landscape. Moreover, innovations in aging techniques, flavor experimentation, and sustainable practices have further fueled market expansion, appealing to environmentally-conscious consumers and enhancing brand differentiation.

Looking ahead, the global whiskey market is poised for continued evolution, influenced by shifting consumer tastes, regulatory changes, and economic factors. Emerging markets in Asia-Pacific and Latin America are also becoming key growth regions, presenting opportunities for both established brands and new entrants to expand their presence and capitalize on the growing appreciation for whiskey worldwide.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Category
    3. Market Snapshot, By Ingredient
    4. Market Snapshot, By Distribution Channel
    5. Market Snapshot, By Region
  4. Whiskey Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing consumer appreciation for premium spirits
        2. Increasing demand for craft and artisanal products
        3. Expanding global distribution channels
      2. Restraints
        1. Regulatory challenges in key markets
        2. Fluctuating raw material prices
        3. Competition from other spirits categories
      3. Opportunities
        1. Emerging markets in Asia-Pacific and Latin America
        2. Innovations in flavor profiles and aging techniques
        3. Rising popularity of whiskey-based cocktails

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Whiskey Market, By Product Type, 2021 - 2031 (USD Million)
      1. American Whiskey
      2. Irish Whiskey
      3. Scotch Whiskey
      4. Canadian Whiskey
      5. Others
    2. Whiskey Market, By Category, 2021 - 2031 (USD Million)
      1. Mass
      2. Premium
    3. Whiskey Market, By Ingredient, 2021 - 2031 (USD Million)
      1. Corn
      2. Malt
      3. Blended
      4. Others
    4. Whiskey Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. On-Trade
      2. Off-Trade
    5. Whiskey Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Diageo
      2. Pernod Ricard
      3. Beam Suntory
      4. Brown-Forman
      5. Bacardi Limited
      6. William Grant & Sons
      7. Campari Group
      8. La Martiniquaise
      9. Angus Dundee Distillers
      10. Allied Blenders and Distillers
      11. Constellation Brands
      12. Suntory Holdings
      13. Asahi Group Holdings
      14. Radico Khaitan
      15. Tilaknagar Industries
  7. Analyst Views
  8. Future Outlook of the Market