Industry Background:
Single malt scotch is single malt whiskey that is made from a mash of malted barley, fresh spring water, and yeast. In this barley is malted at a single distillery by using the pot still distillation process. Single malt scotch whiskey contains more ellagic acid than red wine that offers various health benefits.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | The Macallan (United Kingdom), Ardbeg Distillery (United Kingdom), The Balvenie Distillery (United Kingdom), Glenfiddinch (United Kingdom), Laphroaig (United Kingdom), Diageo (United Kingdom), Cedar Ridge (United States), Coppersea Distillery (United States), John Emerald Distilling (United States), Virginia Distillery Co. (United States), Andalusia Whiskey Company (United States), Clear Creek Distillery (United States), Brown–Forman (United States) and Pernod Ricard (France) |
This growth is primarily driven by Increasing Women Users and Diverse Ethnicities is Fueling the Growth and Surge in Global Whiskey Production Due to Increasing Number of Whiskey Lovers.
Globally, a noticeable market trend is evident The Launching of Budget-Friendly Malt Whiskies by Key Manufacturers. Major Vendors, such as The Macallan (United Kingdom), Ardbeg Distillery (United Kingdom), The Balvenie Distillery (United Kingdom), Glenfiddinch (United Kingdom), Laphroaig (United Kingdom), Diageo (United Kingdom), Cedar Ridge (United States), Coppersea Distillery (United States), John Emerald Distilling (United States), Virginia Distillery Co. (United States), Andalusia Whiskey Company (United States), Clear Creek Distillery (United States), Brown–Forman (United States) and Pernod Ricard (France) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In September 2021, Pernod Ricard acquired The Whisky Exchange, a UK-based leading spirit online and physical retailer. The Whisky Exchange is the pioneer in innovative services and has become an omnichannel player by expanding its activities in the UK with a catalogue of circa 10,000 products. The acquisition will allow Pernod Ricard to meet consumers’ needs and expectations in the context of solid e-commerce growth and strong demand for premiumization.
Market Drivers
- Increasing Women Users and Diverse Ethnicities is Fueling the Growth
- Surge in Global Whiskey Production Due to Increasing Number of Whiskey Lovers
Market Trend
- The Launching of Budget-Friendly Malt Whiskies by Key Manufacturers
Restraints
- Ban on the Consumption of Alcoholic Drinks in Some Countries
Opportunities
Increasing Number of Clubs and Bars Across the Globe
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Single Malt Scotch Market
- Analysis about New Entrants in Single Malt Scotch Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Single Malt Scotch Study Sheds Light on
The Single Malt Scotch Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Single Malt Scotch industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Single Malt Scotch industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.