According to Regional Research Reports, the global American whiskey market is expected to achieve exponential industrial growth, be valued at USD 10.5 billion in 2022, and reach USD 18.6 billion by 2033, at a CAGR of 9.2% over the forecast period of 2023-2033.
The American whiskey market is thriving, driven by a rich tradition of whiskey production and a...
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Market Overview:The Whiskey Market is estimated to be valued at US$ 84.3 billion in 2023 and is expected to witness a robust CAGR of 12% during the forecast period 2023-2033, according to a new report published by Coherent Market Insights. Whiskey, a popular alcoholic beverage produced by distilling fermented grain mash, holds a significant position in the global beverage industry. With its...
Whiskey is a type of distilled alcoholic beverage made from fermented grain mash. It is typically aged in oak barrels, which provides whiskey with its distinctive flavor and amber hue. Whiskey finds its usage in a variety of settings including as an after-dinner drink and in cocktails. It is also consumed by health conscious consumers owing to presence of antioxidants. The global whiskey market...
Industry Analysis
Whiskey market is expected to grow at a compound annual rate of 5.56% in the forecast period 2021 to 2028. The increasing trend in the midst of working professionals towards more of socializing and weekend parties is the factor for the whiskey market in the forecast period of 2021 to 2028. Whiskey is a type of an alcoholic beverage which is prepared from fermented mash of...