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Irish Whiskey Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global Irish whiskey market reached a value of US$ 4.33 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 6.91 Billion by 2027 exhibiting a growth rate (CAGR) of 7.60% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Irish whiskey is a dark distilled spirit that is triple distilled from a yeast-fermented mash of malted cereal grains, such as corn, wheat and barley. It is usually aged for a minimum of three years to impart a light, grainy, and smooth taste and flavor. It has zinc, iron, phosphorus, thiamine (vitamin B1), niacin (vitamin B3), ellagic acid, and antioxidants that assist in reducing the risk of pneumonia, hypertension, tuberculosis, and obesity. As a result, it is served with different food products or cocktail recipes like fancy martinis and simple soda highballs on account of its distinct flavor profile.

 

 
 

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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Irish Whiskey Market Trends:

The increasing alcohol consumption on account of its stimulating and sedating effects that can alter the mood, behavior, and neuropsychological functioning of an individual represents one of the key factors bolstering the market growth. This can also be attributed to the emerging need to relieve anxiety and stress due to the long working hours and hectic lifestyles of individuals. Apart from this, the rising trend of socializing and mid-week parties in corporate gatherings is contributing to the market growth. Moreover, the escalating demand for premium cocktails on account of rapid urbanization, improving lifestyles, and inflating disposable income is contributing to the market growth. Furthermore, the growing utilization of Irish whiskey in fancy food recipes is offering lucrative growth opportunities to market players for increasing their supplies in the hotel, restaurant, and café (HORECA) sector. Besides this, key players are introducing Irish whiskey in new exotic flavors through e-commerce channels. They are also investing in unique product packaging to expand their existing consumer base, which is providing a positive outlook for the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global Irish whiskey market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, pricing and sales channel.

Breakup by Type:

 

 
 

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  • Blended
  • Single Malt
  • Single Pot Still
  • Single Grain
     

Breakup by Pricing:

  • Mass
  • Premium
     

Breakup by Sales Channel:

  • On-trade
  • Off-trade
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Beam Suntory Inc. (Suntory Holdings Limited), Boann Distillery, Brown-Forman Corporation, Connacht Whiskey Company Limited, Diageo plc, Edrington, Pernod Ricard, Sazerac Company Inc., Teeling Whiskey Distillery, West Cork Distillers and William Grant & Sons Ltd.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Type, Pricing, Sales Channel, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Beam Suntory Inc. (Suntory Holdings Limited), Boann Distillery, Brown-Forman Corporation, Connacht Whiskey Company Limited, Diageo plc, Edrington, Pernod Ricard, Sazerac Company Inc., Teeling Whiskey Distillery, West Cork Distillers and William Grant & Sons Ltd.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
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Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Irish Whiskey Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    Blended
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Single Malt
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Single Pot Still
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Single Grain
        6.4.1 Market Trends
        6.4.2 Market Forecast
7    Market Breakup by Pricing
    7.1    Mass
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Premium
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by Sales Channel
    8.1    On-trade
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Off-trade
        8.2.1 Market Trends
        8.2.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Beam Suntory Inc. (Suntory Holdings Limited)
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
        14.3.2    Boann Distillery
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
        14.3.3    Brown-Forman Corporation
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
           14.3.3.3 Financials
           14.3.3.4 SWOT Analysis
        14.3.4    Connacht Whiskey Company Limited 
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
        14.3.5    Diageo plc 
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
           14.3.5.3 Financials
           14.3.5.4 SWOT Analysis
        14.3.6    Edrington
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
        14.3.7    Pernod Ricard
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
           14.3.7.3 Financials
           14.3.7.4 SWOT Analysis
        14.3.8    Sazerac Company Inc.
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
        14.3.9    Teeling Whiskey Distillery
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
        14.3.10    West Cork Distillers
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
        14.3.11    William Grant & Sons Ltd.
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio

List of Figures

Figure 1: Global: Irish Whiskey Market: Major Drivers and Challenges
Figure 2: Global: Irish Whiskey Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Irish Whiskey Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Irish Whiskey Market: Breakup by Type (in %), 2021
Figure 5: Global: Irish Whiskey Market: Breakup by Pricing (in %), 2021
Figure 6: Global: Irish Whiskey Market: Breakup by Sales Channel (in %), 2021
Figure 7: Global: Irish Whiskey Market: Breakup by Region (in %), 2021
Figure 8: Global: Irish Whiskey (Blended) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Irish Whiskey (Blended) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Irish Whiskey (Single Malt) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Irish Whiskey (Single Malt) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Irish Whiskey (Single Pot Still) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Irish Whiskey (Single Pot Still) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Irish Whiskey (Single Grain) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Irish Whiskey (Single Grain) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Irish Whiskey (Mass) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Irish Whiskey (Mass) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Irish Whiskey (Premium) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Irish Whiskey (Premium) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Irish Whiskey (On-trade) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Irish Whiskey (On-trade) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Irish Whiskey (Off-trade) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Irish Whiskey (Off-trade) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: North America: Irish Whiskey Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: North America: Irish Whiskey Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: United States: Irish Whiskey Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: United States: Irish Whiskey Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Canada: Irish Whiskey Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Canada: Irish Whiskey Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Asia-Pacific: Irish Whiskey Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Asia-Pacific: Irish Whiskey Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: China: Irish Whiskey Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: China: Irish Whiskey Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Japan: Irish Whiskey Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Japan: Irish Whiskey Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: India: Irish Whiskey Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: India: Irish Whiskey Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: South Korea: Irish Whiskey Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: South Korea: Irish Whiskey Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Australia: Irish Whiskey Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Australia: Irish Whiskey Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Indonesia: Irish Whiskey Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Indonesia: Irish Whiskey Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Others: Irish Whiskey Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Others: Irish Whiskey Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Europe: Irish Whiskey Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Europe: Irish Whiskey Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Germany: Irish Whiskey Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Germany: Irish Whiskey Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: France: Irish Whiskey Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: France: Irish Whiskey Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: United Kingdom: Irish Whiskey Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: United Kingdom: Irish Whiskey Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Italy: Irish Whiskey Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Italy: Irish Whiskey Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Spain: Irish Whiskey Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Spain: Irish Whiskey Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Russia: Irish Whiskey Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Russia: Irish Whiskey Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Others: Irish Whiskey Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Others: Irish Whiskey Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Latin America: Irish Whiskey Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Latin America: Irish Whiskey Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Brazil: Irish Whiskey Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Brazil: Irish Whiskey Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Mexico: Irish Whiskey Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Mexico: Irish Whiskey Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Others: Irish Whiskey Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Others: Irish Whiskey Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Middle East and Africa: Irish Whiskey Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Middle East and Africa: Irish Whiskey Market: Breakup by Country (in %), 2021
Figure 72: Middle East and Africa: Irish Whiskey Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Global: Irish Whiskey Industry: SWOT Analysis
Figure 74: Global: Irish Whiskey Industry: Value Chain Analysis
Figure 75: Global: Irish Whiskey Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Irish Whiskey Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Irish Whiskey Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Irish Whiskey Market Forecast: Breakup by Pricing (in Million US$), 2022-2027
Table 4: Global: Irish Whiskey Market Forecast: Breakup by Sales Channel (in Million US$), 2022-2027
Table 5: Global: Irish Whiskey Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Irish Whiskey Market: Competitive Structure
Table 7: Global: Irish Whiskey Market: Key Players


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Key Questions Answered in This Report

The global Irish whiskey market was valued at US$ 4.33 Billion in 2021.

We expect the global Irish whiskey market to exhibit a CAGR of 7.60% during 2022-2027.

The expanding Hotel, Restaurant, and Cafe (HORECA) sector, along with the rising utilization of Irish
whiskey in the various gourmet food recipes, is primarily driving the global Irish whiskey market.

The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from
conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of
Irish whiskey.

Based on the type, the global Irish whiskey market can be segmented into blended, single malt, single
pot still, and single grain. Among these, blended holds the majority of the total market share.

Based on the pricing, the global Irish whiskey market has been divided into mass and premium, where
premium-priced Irish whiskey currently exhibits a clear dominance in the market.

Based on the sales channel, the global Irish whiskey market can be categorized into on-trade and off-
trade. Currently, off-trade channel accounts for the largest market share.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin
America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global Irish whiskey market include Beam Suntory Inc. (Suntory
Holdings Limited), Boann Distillery, Brown-Forman Corporation, Connacht Whiskey Company Limited,
Diageo plc, Edrington, Pernod Ricard, Sazerac Company Inc., Teeling Whiskey Distillery, West Cork
Distillers, and William Grant & Sons Ltd.

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