Market Overview:
The global single malt whiskey market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in the market can be attributed to factors such as rising demand for premium whiskey, increasing disposable income, and growing awareness about the health benefits of single malt whiskey. On the basis of type, Scotch Whiskey dominates the global single malt whiskey market with a share of more than 50%. This can be attributed to Scotland’s long history of distilling whisky and its well-known brands such as Glenfiddich and Johnnie Walker. American Whiskey is second largest type segment with around 30% share in terms revenue generated by different types segments. Irish Whiskey is third largest type segment with around 10% share in terms revenue generated by different types segments followed by Other category which has a minor share in overall revenue generated from sales of Single Malt Whiskies across different regions globally.
Product Definition:
Single malt whiskey is a type of whiskey that is made from a mash that consists only of malted barley. It must be distilled in pot stills and aged in oak casks for at least three years to be called single malt whiskey.
Scotch Whiskey:
Scotch whiskey is a type of Single Malt Whiskey (SMW) that is produced in Scotland. It has been widely accepted as the best and most premium category of whiskey, with high-end taste and quality. The growth factor for this market largely depends on consumer preferences, economic conditions & inflation rates in countries from where the product is being exported, and also on its ability to be integrated into multiple categories such as luxury goods & services along with mass market products.
American Whiskey:
The American whiskey market is expected to witness significant growth over the forecast period owing to increasing demand for single-malt whiskeys. The growing popularity of cocktails, such as the Manhattan and Old Fashioned, is expected to further drive product demand in this segment.
Technological advancements have been made with respect to traditional production methods that are used for producing various types of whiskey across the world. However, these techniques were not adopted by many producers operating in the U.S.
Application Insights:
The on-trade application segment led the global single malt whiskey market in 2017. The segment is expected to expand at a revenue-based CAGR of XX% over the forecast period owing to an increase in demand for premium alcohol beverages, particularly among high income groups and young adults. Single malt whiskeys are mainly sold through liquor stores, bars, pubs and clubs; however, supermarkets and hypermarkets have emerged as prominent retail channels for selling these products due to increasing consumer awareness about their health benefits.
Single malts are also gaining popularity among home brewers who prefer unique flavors over generic beer styles that dominate most markets across the globe.
Regional Analysis:
Europe was the largest regional market in 2017 and accounted for more than half of the global share. The region is expected to maintain its dominance over the forecast period owing to growing demand from countries, such as Germany, U.K., France, Italy, and Spain among others. North America is projected to be one of fastest-growing regions with a CAGR exceeding 5% from 2018 to 2030 due to increasing number of single malt whiskey producers in this region coupled with rising consumer awareness regarding different types of whiskeys across various countries. For instance, according high reviews by Wine Enthusiast Magazine readership has increased by 600%, making it one of the most influential wine magazines in U.S.
Growth Factors:
- Increasing demand for premium and luxury products: The global single malt whiskey market is witnessing a shift in consumer preference towards premium and luxury products. This is mainly attributed to the increasing disposable income of consumers, especially in developed countries.
- Growing popularity of cocktails: Single malt whiskey is gaining immense popularity as an ingredient in cocktails owing to its unique flavor profile and aroma. This is likely to boost the demand for single malt whiskey in the coming years.
- Rising awareness about the health benefits of whisky: There has been a growing awareness among consumers about the health benefits of whisky, especially single malt whiskey. This has led to an increase in demand for such products, thereby driving market growth.
- . Emerging markets offer significant growth potential: The global single malt whiskey market offers significant growth potential with emerging markets such as China and India offering considerable opportunities for expansion. These regions are expected to witness high growth rates over the next few years owing to rising disposable incomes and changing lifestyles of consumers therein.. 5) Innovative marketing strategies by key players: Key players operating in the global single malt whiskey market are adopting innovative marketing strategies to attract new customers and expand their customer base
Scope Of The Report
Report Attributes
Report Details
Report Title
Single Malt Whiskey Market Research Report
By Type
Scotch Whiskey, American Whiskey, Irish Whiskey, Other
By Application
Supermarket and Hypermarkets, On-Trade, Specialist Retailers, Online, Convenience Store
By Companies
Bacardi, Beam Suntory, Brown-Forman, Diageo, Pernod Ricard, Asahi Breweries, Distell, Gruppo Campari, John Distilleries, Radico Khaitan, United Spirits
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Single Malt Whiskey Market Report Segments:
The global Single Malt Whiskey market is segmented on the basis of:
Types
Scotch Whiskey, American Whiskey, Irish Whiskey, Other
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
Supermarket and Hypermarkets, On-Trade, Specialist Retailers, Online, Convenience Store
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:
- Bacardi
- Beam Suntory
- Brown-Forman
- Diageo
- Pernod Ricard
- Asahi Breweries
- Distell
- Gruppo Campari
- John Distilleries
- Radico Khaitan
- United Spirits
Highlights of The Single Malt Whiskey 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:
- Scotch Whiskey
- American Whiskey
- Irish Whiskey
- Other
- By Application:
- Supermarket and Hypermarkets
- On-Trade
- Specialist Retailers
- Online
- Convenience Store
- 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 Whiskey 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 whiskey is a type of whiskey that is made from one distillery only. Single malt whiskeys are often more expensive than other types of whiskeys, but they are also considered to be of higher quality.
Some of the key players operating in the single malt whiskey market are Bacardi, Beam Suntory, Brown-Forman, Diageo, Pernod Ricard, Asahi Breweries, Distell, Gruppo Campari, John Distilleries, Radico Khaitan, United Spirits.
The single malt whiskey market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Single Malt Whiskey Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Single Malt Whiskey Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Single Malt Whiskey Market - Supply Chain
4.5. Global Single Malt Whiskey Market Forecast
4.5.1. Single Malt Whiskey Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Single Malt Whiskey Market Size (000 Units) and Y-o-Y Growth
4.5.3. Single Malt Whiskey Market Absolute $ Opportunity
5. Global Single Malt Whiskey Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Single Malt Whiskey Market Size and Volume Forecast by Type
5.3.1. Scotch Whiskey
5.3.2. American Whiskey
5.3.3. Irish Whiskey
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Single Malt Whiskey Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Single Malt Whiskey Market Size and Volume Forecast by Application
6.3.1. Supermarket and Hypermarkets
6.3.2. On-Trade
6.3.3. Specialist Retailers
6.3.4. Online
6.3.5. Convenience Store
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Single Malt Whiskey Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Single Malt Whiskey Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Single Malt Whiskey Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Single Malt Whiskey Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Single Malt Whiskey Demand Share Forecast, 2019-2026
9. North America Single Malt Whiskey Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Single Malt Whiskey Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Single Malt Whiskey Market Size and Volume Forecast by Application
9.4.1. Supermarket and Hypermarkets
9.4.2. On-Trade
9.4.3. Specialist Retailers
9.4.4. Online
9.4.5. Convenience Store
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Single Malt Whiskey Market Size and Volume Forecast by Type
9.7.1. Scotch Whiskey
9.7.2. American Whiskey
9.7.3. Irish Whiskey
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Single Malt Whiskey Demand Share Forecast, 2019-2026
10. Latin America Single Malt Whiskey Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Single Malt Whiskey Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Single Malt Whiskey Market Size and Volume Forecast by Application
10.4.1. Supermarket and Hypermarkets
10.4.2. On-Trade
10.4.3. Specialist Retailers
10.4.4. Online
10.4.5. Convenience Store
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Single Malt Whiskey Market Size and Volume Forecast by Type
10.7.1. Scotch Whiskey
10.7.2. American Whiskey
10.7.3. Irish Whiskey
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Single Malt Whiskey Demand Share Forecast, 2019-2026
11. Europe Single Malt Whiskey Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Single Malt Whiskey Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Single Malt Whiskey Market Size and Volume Forecast by Application
11.4.1. Supermarket and Hypermarkets
11.4.2. On-Trade
11.4.3. Specialist Retailers
11.4.4. Online
11.4.5. Convenience Store
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Single Malt Whiskey Market Size and Volume Forecast by Type
11.7.1. Scotch Whiskey
11.7.2. American Whiskey
11.7.3. Irish Whiskey
11.7.. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Single Malt Whiskey Demand Share, 2019-2026
12. Asia Pacific Single Malt Whiskey Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Single Malt Whiskey Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Single Malt Whiskey Market Size and Volume Forecast by Application
12.4.1. Supermarket and Hypermarkets
12.4.2. On-Trade
12.4.3. Specialist Retailers
12.4.4. Online
12.4.5. Convenience Store
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Single Malt Whiskey Market Size and Volume Forecast by Type
12.7.1. Scotch Whiskey
12.7.2. American Whiskey
12.7.3. Irish Whiskey
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Single Malt Whiskey Demand Share, 2019-2026
13. Middle East & Africa Single Malt Whiskey Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Single Malt Whiskey Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Single Malt Whiskey Market Size and Volume Forecast by Application
13.4.1. Supermarket and Hypermarkets
13.4.2. On-Trade
13.4.3. Specialist Retailers
13.4.4. Online
13.4.5. Convenience Store
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Single Malt Whiskey Market Size and Volume Forecast by Type
13.7.1. Scotch Whiskey
13.7.2. American Whiskey
13.7.3. Irish Whiskey
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Single Malt Whiskey Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Single Malt Whiskey Market: Market Share Analysis
14.2. Single Malt Whiskey Distributors and Customers
14.3. Single Malt Whiskey Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Bacardi
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Beam Suntory
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Brown-Forman
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Diageo
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Pernod Ricard
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Asahi Breweries
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Distell
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Gruppo Campari
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. John Distilleries
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Radico Khaitan
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. United Spirits
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook