According to a market report by Lucintel, the future of the whiskey market in the US looks promising with opportunities in the on-trade and off-trade retail markets. The major drivers for this market are increasing demand for premium whiskey, rapidly growing food service industry, growth in the cocktail culture, increasing investments in the industry, and the growing affordability of whiskey.
In this market, American whiskey, Scotch whiskey, Canadian whiskey, and Irish whiskey are the major product types. Scotch whiskey is expected to remain the largest segment over the forecast period due to increasing demand of super-premium and premium whiskey, and increasing adaption of organic whisky.
Within the whiskey market, on-trade segment is expected to witness the highest growth over the forecast period due to rising internet facilities, easy convenience, and the presence of a large number of brands.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the whiskey market in the US by product type, quality, and distribution channel and has compiled a comprehensive research report titled “Growth Opportunities for the Whiskey Market in the US 2021-2026: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy by providing comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the whiskey market in the US by product type, quality, and distribution channel as follows:
By Product Type [$ Million Shipment Analysis from 2015 to 2026]:
American Whiskey
Scotch Whiskey
Canadian Whiskey
Irish Whiskey
Others
By Quality [$ Million Shipment Analysis from 2015 to 2026]:
High End premium
Premium
Super-Premium
By Distribution Channel [$ Million Shipment Analysis from 2015 to 2026]:
This more than 50 pages research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link…… or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.