The global Irish whiskey market was pegged at around 95 million liters in 2018, in terms of volume, according to Irish Whiskey Market Report, by Product Type (Single Malt, Single Grain, Pot Still, and Blended), by Distribution Channel (Specialty Stores, Hypermarkets & Supermarkets, Duty-free Stores, Restaurants & Bars, Online, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa), published by Coherent Market Insights.
The global Irish whiskey market is expected to reach over 200 million liters by 2027, in terms of volume, exhibiting a CAGR of 8.9% over the forecast period.
Whiskey belongs to the class of alcoholic beverages, which are obtained from the process of distilling the mixture produced from alcoholic fermentation of malted barley. Whiskey is categorized into different categories such as scotch, bourbon, rye, Tennessee, Irish, and Japanese depending on the variant of grain used, fermentation process, and origin of distillery. Irish whiskey is formed by triple-distillation process and by Irish standards, it must be aged in wooden barrel for a minimum of three years.
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*Browse 40 market data tables and 25 figures* on "Irish whiskey Market” – Global forecast to 2027.
Key Trends and Analysis of the Irish whiskey Market:
The global Irish whiskey market has witnessed a substantial growth in the recent past, owing to increasing demand for alcohol-based beverages among steadily growing younger demographic across the world. According to Coherent Market Insights, the global distilled spirits market is expected to surpass US$ 36.47 billion by 2025, which in turn, is expected to boost demand for Irish whiskey during the forecast period.
Key Takeaways of the Market:
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