Know Growth Dynamics of Whiskey Market, 2019 to 2029
Verfasser: ashwani_kailiya on Friday, 25 September 2020The global whiskey market will thrive at a healthy 6% CAGR during 2019 – 2029, as projected by a new Fact.MR report. Key players in the whiskey market are opting for marketing and promotional partnerships in events, and at restaurants and bars, to better penetrate the millennial consumer demographic.
“Production of whiskey in used casks of sherry, rum, cognac, wine, and other alcohols is generating diverse flavors. The global whiskey market is transitioning towards developing countries to leverage infrastructure.” says the Fact.MR report.
Whiskey Market: Key Findings
Blended grain whiskeys continue to lead global market demand with promising growth opportunities through the forecast period.
Premium whiskey brands will gain substantial traction owing to superior price to quality ratios.
High preference among consumers to drive the wheat based whiskey segment.
South Asia and Oceania continue to be at the forefront of demand, with considerable expansion of urban cultures.
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Whiskey Market: Key Driving Factors