Market Overview:
The global single malt Scotch market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for premium spirits and rising disposable income of consumers across the globe. Additionally, growing awareness about the health benefits associated with single malt Scotch is also propelling the market growth. Based on type, The Highlands segment is anticipated to lead the global single malt Scotch market in terms of revenue during 2018-2030. This can be attributed to high demand for single malts from this region owing to its unique flavor profile and terroir characteristics. By application, self-use segment accounted for majority share of revenue in 2017 and is projected to maintain its dominance throughout the forecast period. However, commercial application is expected witness highest CAGR over 2018-2030 due increased adoption by hotels & restaurants as well as liquor stores worldwide. Regionally, North America dominated global single malt Scotch market in 2017 and it is anticipated that this trend will continue over next few years owing high consumption rate coupled with presence major players operating in this region such as Diageo plc., Beam Suntory Inc., Brown Forman Corporation etcetera . Asia Pacific excluding Japan (APEJ) represents lucrative regional markets for players involved in manufacturing & distribution of Single Malt Scotches due rapid economic development and rising consumer spending power across countries such as China and India .
Product Definition:
A Single Malt Scotch is a whisky made from malted barley, distilled in a pot still, and aged in oak casks for a minimum of three years.
The Highlands:
The Highlands is a geographical area comprising the highest points in Scotland. The term is most commonly used to refer to the range of highland regions that stretch from Dumbarton Rock (highest point) in the south to Stac an Arran (Mossadale) in the north and include Glen Coe, Glen Shira, Ben Nevis and Braemar among others.
The Lowlands:
The Lowlands is a geographical area comprising landmasses and islands, which are generally considered to be part of Scotland. The term can also be used for the low-lying lands in the vicinity of the coast. The Lowlands has been an integral part of Scotland’s economy, culture and landscape since prehistory.
The region covers a large portion of eastern Scotland with rugged coastline, rolling hillsides.
Application Insights:
The others application segment accounted for the largest revenue share of over 70% in 2017. The self-use application segment is expected to witness the fastest growth at a CAGR of XX% from 2018 to 2030 due to high demand from U.S., Germany, China, and U.K., among other countries worldwide.
Single malt scotch whisky has been gaining popularity as an ingredient in various cocktails across the world owing to its rich flavor and aroma properties that add complexity and depth to any drink created with it including classic cocktails such as Manhattans, Old Fashioneds, Sazeracs, Mint Juleps & More recently popularized by bars like PDT located at Hollywood & Highland Center where mixologists have been creating new classics every day since opening their doors in 2016 (PDT Cocktail Book available on Amazon).
Regional Analysis:
Asia Pacific accounted for the largest share of over 35.0% in 2017 and will retain its dominant position throughout the forecast period. This growth can be attributed to increasing product consumption in countries, such as India, Singapore, Australia, and New Zealand. The growing middle-class population coupled with rising disposable income levels will continue to drive demand over the next eight years. Moreover, new product launches are expected to further fuel regional growth during the forecast period from 2018 to 2030.
Growth Factors:
- Increasing demand for premium spirits: The global spirits market is growing at a CAGR of around 4% and the demand for premium spirits is increasing at a faster pace. This presents a huge opportunity for Single Malt Scotch brands to capitalize on the rising demand for high-quality, luxury products.
- Growing popularity of cocktail culture: Cocktails are becoming increasingly popular and bartenders are using Single Malt Scotch as an ingredient in innovative cocktails. This provides opportunities for distillers to promote their products to a new audience and increase sales.
- Rising disposable incomes: There is a correlation between rising disposable incomes and increased spending on luxury goods such as Single Malt Scotch whisky. As more people join the middle class in developing countries, there will be an increase in demand for high-end whiskies like Single Malt Scotch whisky.
Scope Of The Report
Report Attributes
Report Details
Report Title
Single Malt Scotch Market Research Report
By Type
The Highlands, The Lowlands, Speyside, Campbeltown, Islay
By Application
Self-use, Commercial, Others
By Companies
Diageo PLC, BRUICHLADDICH DISTILLERY, Glenmorangie Distillery, Glen Grant, Aberlour, Talisker Distillery, Glen Scotia Distillery, Bowmore, Ardmore, Ardbeg, Diageo PLC, The Macallan, Springbank Distillers, Mortlach Distillery, Talisker
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
199
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Single Malt Scotch Market Report Segments:
The global Single Malt Scotch market is segmented on the basis of:
Types
The Highlands, The Lowlands, Speyside, Campbeltown, Islay
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Self-use, Commercial, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Diageo PLC
- BRUICHLADDICH DISTILLERY
- Glenmorangie Distillery
- Glen Grant
- Aberlour
- Talisker Distillery
- Glen Scotia Distillery
- Bowmore
- Ardmore
- Ardbeg
- Diageo PLC
- The Macallan
- Springbank Distillers
- Mortlach Distillery
- Talisker
Highlights of The Single Malt Scotch Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- The Highlands
- The Lowlands
- Speyside
- Campbeltown
- Islay
- By Application:
- Self-use
- Commercial
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Single Malt Scotch Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Single malt Scotch whisky is a type of whisky that has been made from only one distillery's malt.
Some of the major companies in the single malt scotch market are Diageo PLC, BRUICHLADDICH DISTILLERY, Glenmorangie Distillery, Glen Grant, Aberlour, Talisker Distillery, Glen Scotia Distillery, Bowmore, Ardmore, Ardbeg, Diageo PLC, The Macallan, Springbank Distillers, Mortlach Distillery, Talisker.
The single malt scotch market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Single Malt Scotch Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Single Malt Scotch Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Single Malt Scotch Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Single Malt Scotch Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Single Malt Scotch Market Size & Forecast, 2018-2028
4.5.1 Single Malt Scotch Market Size and Y-o-Y Growth
4.5.2 Single Malt Scotch Market Absolute $ Opportunity
Chapter 5 Global Single Malt Scotch Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Single Malt Scotch Market Size Forecast by Type
5.2.1 The Highlands
5.2.2 The Lowlands
5.2.3 Speyside
5.2.4 Campbeltown
5.2.5 Islay
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Single Malt Scotch Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Single Malt Scotch Market Size Forecast by Applications
6.2.1 Self-use
6.2.2 Commercial
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Single Malt Scotch Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Single Malt Scotch Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Single Malt Scotch Analysis and Forecast
9.1 Introduction
9.2 North America Single Malt Scotch Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Single Malt Scotch Market Size Forecast by Type
9.6.1 The Highlands
9.6.2 The Lowlands
9.6.3 Speyside
9.6.4 Campbeltown
9.6.5 Islay
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Single Malt Scotch Market Size Forecast by Applications
9.10.1 Self-use
9.10.2 Commercial
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Single Malt Scotch Analysis and Forecast
10.1 Introduction
10.2 Europe Single Malt Scotch Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Single Malt Scotch Market Size Forecast by Type
10.6.1 The Highlands
10.6.2 The Lowlands
10.6.3 Speyside
10.6.4 Campbeltown
10.6.5 Islay
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Single Malt Scotch Market Size Forecast by Applications
10.10.1 Self-use
10.10.2 Commercial
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Single Malt Scotch Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Single Malt Scotch Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Single Malt Scotch Market Size Forecast by Type
11.6.1 The Highlands
11.6.2 The Lowlands
11.6.3 Speyside
11.6.4 Campbeltown
11.6.5 Islay
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Single Malt Scotch Market Size Forecast by Applications
11.10.1 Self-use
11.10.2 Commercial
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Single Malt Scotch Analysis and Forecast
12.1 Introduction
12.2 Latin America Single Malt Scotch Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Single Malt Scotch Market Size Forecast by Type
12.6.1 The Highlands
12.6.2 The Lowlands
12.6.3 Speyside
12.6.4 Campbeltown
12.6.5 Islay
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Single Malt Scotch Market Size Forecast by Applications
12.10.1 Self-use
12.10.2 Commercial
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Single Malt Scotch Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Single Malt Scotch Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Single Malt Scotch Market Size Forecast by Type
13.6.1 The Highlands
13.6.2 The Lowlands
13.6.3 Speyside
13.6.4 Campbeltown
13.6.5 Islay
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Single Malt Scotch Market Size Forecast by Applications
13.10.1 Self-use
13.10.2 Commercial
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Single Malt Scotch Market: Competitive Dashboard
14.2 Global Single Malt Scotch Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Diageo PLC
14.3.2 BRUICHLADDICH DISTILLERY
14.3.3 Glenmorangie Distillery
14.3.4 Glen Grant
14.3.5 Aberlour
14.3.6 Talisker Distillery
14.3.7 Glen Scotia Distillery
14.3.8 Bowmore
14.3.9 Ardmore
14.3.10 Ardbeg
14.3.11 Diageo PLC
14.3.12 The Macallan
14.3.13 Springbank Distillers
14.3.14 Mortlach Distillery
14.3.15 Talisker
