Scottish Whisky Market, By Product Type, By Price Range, By Distribution Channel (On Trade, Off Trade (Supermarket & Hypermarket, Discount Stores, and Others ), By Geography

PUBLISHED: June 14, 2024

PAGES: 150 Pages

DELIVERY TIME: 2-3 business days

ADD TO COMPARE

SELECT AN OPTION

Description

The Scottish whisky market is estimated to be valued at USD 35.04 Bn in 2024 and is expected to reach USD 56.64 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 7.1% from 2024 to 2031.

Figure 1. Scottish Whisky Market Share (%), By Region, 2024

The Scottish whisky market has experienced steady growth over the past few decades. Scotland has a long tradition of whisky making dating back to medieval times. The country's cool climate and pure water sources provide ideal conditions for slow aging and complex flavor development in whisky. Key whisky producing regions in Scotland include Speyside, Islay, Campbeltown, Highlands, Lowlands, and Islands. Single malt Scotch whisky has gained increasing popularity globally due to its craft production methods and diverse flavor profiles attributed to local barley varieties and aging conditions. Forward-thinking distillers are also releasing innovative cask finish whiskies utilizing barrels previously containing wines, beers, or spirits to impart additional layers of flavor. The Scotch Whisky Association works to promote and protect the sector through the establishment of protected geographical indication. With rising global affluence and growing appreciation of artisanal spirits, the Scottish whisky market is well-positioned to expand further in the coming years.

Market Dynamics:

The Scottish whisky market is driven by growing global interest in premium and craft spirits. Rising middle class population in key developing markets such as China and India have greater disposable incomes to spend on premium goods and experiences. This widespread economic growth expands the customer base for high-end Scottish single malts. However, constraints like increased regulation and taxation pose challenges. A myriad of local regulations across different countries can hamper international trade. Additionally, tariffs and higher alcohol taxes implemented by some governments aim to cut consumption but inadvertently increase production costs. Conversely, the market sees opportunities from innovative product developments and customized cask finishes that appeal to evolving consumer preferences. Several distillers also offer interactive tours and tasting experiences that promote brand awareness and education around whisky appreciation. With targeted marketing, the industry strengthens its footing in both new and established global export markets.

Key Features of the Study:

This report provides an in-depth analysis of the global Scottish whisky market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global Scottish whisky market based on the following parameters company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Angus Dundee Distillers Plc, Douglas Laing, Craft56, Diageo , DEWAR'S, Aberfeldy, Royal Brackla, Balblair Distillery Co Ltd., The English Distillery, Bruichladdich Distillery, Islay, Copper Rivet Distillery, Tomatin Distillery Co Ltd, The Glenturret Distillery , Kilchoman Distillery, The Borders Distillery, Loch Lomond Whiskies, William Grant and Sons Ltd., Bowmore Distillery, Edrington, and LVMH
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global Scottish whisky market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global Scottish whisky market

Detailed Segmentation-

By Product Type:
- Single Malt Scotch Whisky
- Blended Scotch Whisky
- Single Grain Scotch Whisky
- Blended Malt Scotch Whisky
- Blended Grain Scotch Whisky
By Price Range:
- Premium
- High End Premium
- Super Premium
By Distribution Channel:
- On Trade
- Restaurants & Bars
- Liquor Stores
- Others
- Off Trade
- Supermarket & Hypermarket
- Discount Stores
- Others (Online Stores, etc.)
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Company Profiles:
- Angus Dundee Distillers Plc
- Douglas Laing
- Craft56
- Diageo
- DEWAR'S
- Aberfeldy
- Royal Brackla
- Balblair Distillery Co Ltd.
- The English Distillery
- Bruichladdich Distillery, Islay
- Copper Rivet Distillery
- Tomatin Distillery Co Ltd
- The Glenturret Distillery
- Kilchoman Distillery
- The Borders Distillery
- Loch Lomond Whiskies
- William Grant and Sons Ltd.
- Bowmore Distillery
- Edrington
- LVMH

Product Code: CMI3476

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Price Range
- Market Snippet, By Distribution Channel
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Mergers and Acquisitions

4. Global Scottish Whisky Market - Impact of Coronavirus (COVID-19) Pandemic

Overview
Factors Affecting the Global Scottish Whisky Market
Impact Analysis

5. Global Scottish Whisky Market, By Product Type, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Single Malt Scotch Whisky
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Blended Scotch Whisky
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Single Grain Scotch Whisky
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Blended Malt Scotch Whisky
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Blended Grain Scotch Whisky
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends

6. Global Scottish Whisky Market, By Price Range, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Premium
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
High End Premium
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Super Premium
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends

7. Global Scottish Whisky Market, By Distribution Channel, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
On Trade
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Sub Segment Trends
Restaurants & Bars
Liquor Stores
Others
Off Trade
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Sub Segment Trends
Supermarket & Hypermarket
Discount Stores
Others (Online Stores, etc.)

8. Global Scottish Whisky Market, By Region, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, By Region, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020-2031
North America
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Price Range, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Distribution Channel, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - U.S.
  - Canada
Latin America
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn))
- Market Size and Forecast, By Price Range, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Distribution Channel, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Europe
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Price Range, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Distribution Channel, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - U.K.
  - Germany
  - Italy
  - France
  - Spain
  - Russia
  - Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Price Range, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Distribution Channel, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
Middle East & Africa
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Price Range, 2019 - 2031 (US$ Bn)
- Market Size and Forecast, By Distribution Channel, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - GCC Countries
  - Israel
  - Rest of Middle East & Africa

9. Competitive Landscape

Market Share Analysis
Company Profiles
- Angus Dundee Distillers Plc
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Douglas Laing
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Craft56
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Diageo
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- DEWAR'S
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Aberfeldy
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Royal Brackla
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Balblair Distillery Co Ltd.
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- The English Distillery
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Bruichladdich Distillery, Islay
- Copper Rivet Distillery
- Tomatin Distillery Co Ltd
- The Glenturret Distillery
- Kilchoman Distillery
- The Borders Distillery
- Loch Lomond Whiskies
- William Grant and Sons Ltd.
- Bowmore Distillery
- Edrington
- LVMH

10. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

11. Section

References
Research Methodology
About Us and Sales Contact
- Browse 25 market data tables* and 20 figures* on "Global Scottish Whisky Market" - Global forecast to 2031.

Have a question?