NEW YORK , Oct. 29, 2024 /PRNewswire/ -- Report on how AI is driving market transformation - The global whisky production market size is estimated to grow by USD 36.6 billion from 2024-2028, according to Technavio.
The market is estimated to grow at a CAGR of 6.1% during the forecast period. Emergence of new market players is driving market growth, with a trend towards sustainability initiatives by distilleries.
However, shift in consumer preferences toward alternatives poses a challenge.Key market players include Allied Blenders and Distillers Ltd, Bacardi and Co Ltd, Brown Forman Corp., CLS REMY COINTREAU, Constellation Brands Inc.
, Davide Campari-Milano N.V., Diageo PLC, Edradour Distillery, FOUR ROSES DISTILLERY LLC, Heaven Hill Distillery Inc.
, International Beverage Holdings Ltd., John Distilleries Pvt. Ltd.
, LVMH Moet Hennessy Louis Vuitton SE, Pernod Ricard SA, Suntory Holdings Ltd, The Edrington Group Ltd., Whyte and Mackay Ltd., and William Grant and Sons Ltd.
. AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View your snapshot now Key Market Trends Fueling Growth The global whisky production market is undergoing a significant shift towards sustainability.
Traditionally relying on cereals , water, and yeast , whisky producers are now focusing on reducing the environmental impact of their energy-intensive distilling processes. This transformation is driven by the need to .
