$ 28.67 Billion growth expected in Whiskey Market | featuring Allied Blenders and Distillers Pvt. Ltd., Bacardi Ltd., Beam Suntory Inc. | 17000+ Technavio Research Reports

NEW YORK, April 13, 2021 /PRNewswire/ -- 

The whiskey market is expected to grow by USD 28.67 billion during 2021-2025, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the whiskey market in optimistic, probable, and pessimistic forecast scenarios.

Enterprises will go through the Response, Recovery, and Renew phases. 
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The whiskey market will witness a neutral impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio's pandemic-focused market research, market growth is likely to increase in 2021 as compared to 2020.

With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renewal phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.

This post-pandemic business planning research will aid clients to:

• Adjust their strategic planning to move ahead once business stability kicks in.
• Build Resilience by making effective resource and investment choices for individual business units, products, and service lines.
• Conceptualize scenario-based planning to mitigate future crisis situations.

Download the Post-Pandemic Business Planning Structure

Key Considerations for Market Forecast:

• Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
• Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
• Pre- as well as post-COVID-19 market estimates
• Quarterly impact analysis and updates on market estimates

Related Report on Consumer Staples:

Major Three Whiskey Market Participants:

Allied Blenders and Distillers Pvt. Ltd.
Key products offered by the company include Stering, Officers choice blue, and others.

Bacardi Ltd.
The company offers Maestros de Ron BACARDÍ.

Beam Suntory Inc.
The company offers Beam Suntory Whiskies.

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Sample report for a detailed market share analysis of market participants during COVID-19 lockdown 

Whiskey Market 2021-2025: Segmentation

Whiskey market is segmented as below:

• Product
• Scotch Whiskey
• American Whiskey
• Canadian Whiskey
• Irish Whiskey
• Others
• Distribution Channel
• Off Trade
• On Trade
• Geography
• APAC
• North America
• Europe
• South America
• MEA

The whiskey market is driven by new product launches. In addition,  the emerging online distribution platform is expected to trigger the whiskey market toward witnessing a CAGR of almost 6% during the forecast period.

Get more insights into the global trends impacting the future of the whiskey market

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Market Drivers

Market Challenges

Market Trends

Vendor Landscape

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Competitive scenario

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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Technavio Research
Jesse Maida
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Email: [email protected]
Website: www.technavio.com/
Report: www.technavio.com/report/whiskey-market-industry-analysis

SOURCE Technavio

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