Whiskey Market Size, Share, Growth And Profitability Analysis Forecasts 2025 : Grand View Research Inc.
San Francisco, 18 April 2019: The Report Whiskey Market Size, Share & Trends Analysis Report By Product (Malt, Wheat, Rye, Corn, Blended), By Quality (Premium, High-end Premium, Super Premium), By Region, And Segment Forecasts, 2019 – 2025 The global Whiskey Market size is expected to reach USD 89.60 billion by 2025, according to a new report by Grand View Research, Inc. The market is anticipated to witness a CAGR of 6.4% during the forecast period on account of rising product consumption across the globe. Growing product usage in the artistic preparation of alcoholic drinks is the key factor driving the industry. Blended whiskey is likely to remain the most lucrative product segment over the forecast period due to ongoing experimental activities to produce innovative drinks. The market has also experienced a high demand for rye-based and single- and double-malt whiskey rich in new flavors. Use of malt whiskey in cocktail formulation is anticipated t...