Japanese Whisky Market Size Worth $1.1 Billion By 2025

1. Japanese Whisky Market Size Worth $1.1 Billion By 2025 “The global Japanese whisky market is estimated to reach USD 1.1 billion, by 2025, and is projected to grow at a CAGR of 9.4% from 2019 to 2025. Growing consumer inclination towards imported spirits and rising awareness about aged whisky is propelling the demand for the product in the alcohol market.” The global Japanese whisky market is estimated to reach USD 1.1 billion, by 2025, and is projected to grow at a CAGR of 9.4% from 2019 to 2025, according to a new report by Million Insights. Growing consumer inclination towards imported spirits and rising awareness about aged whisky is propelling the demand for the product in the alcohol market. Growing trend of cocktails among the consumers is driving the demand for Japanese whisky. Moreover, increasing penetration of digital media is helping to create awareness through blogs and posts. Furthermore, high consumption of imported liquors and whisky in pubs and bars is expected to boost the growth of Japanese whisky market. In addition, growing popularity of home bars with mixture experiments is increasing the demand for Japanese whisky. Due to this, the residential segment is projected to grow at the CAGR exceeding 9.0% during the forecasted period. The on-trade channel held the highest share in 2018. High consumption of premium whisky and spirits owing to rising income levels of consumers across countries such as Germany, U.K., India, and U.S. is supporting market growth. In addition, growing trend of offers like happy hours especially in breweries, pubs are boosting the growth of the commercial segment. Asia Pacific dominated the market with the majority of market share, in 2018. Rising product demand and availability of different whisky brands are increasing product demand. Moreover, growing population and rapid urbanization in countries such as China, Thailand, and India are anticipated to impact the market positively. The industry possesses heavy competition owing to the presence of a large number of alcohol manufacturing companies. Major players in the market are focusing on product innovations and expanding their reach across the world. Request Sample Copy of This Market Research @ https://www.millioninsights.com/industry-reports/global-japanese-whisky-market/request-sample

2. Further key findings from the report suggest: • In 2018, by application, the residential segment held the largest share in the global Japanese whisky market. It is anticipated to grow at a CAGR of around9.2%from 2019 to 2025. • Based on the distribution channel, on-trade segment attributed to the highest market share in 2018. • Asia Pacific dominated the market with share of over 66.7% in 2018 and is expected to remain at its position in the next few years owing to product penetration in countries like China, Japan, and India. • Major players in the market are Nikka Whisky Distilling Co., Ltd., Suntory Holdings Ltd., Chichibu Distillery, FLAVIAR, Venture Whisky, Ltd., Asahi Breweries Ltd., and Louisville Distilling Co. LLC. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/global-japanese-whisky-market Million Insights has segmented the global Japanese whisky market based on application, distribution channel, and region: Japanese Whisky Application Outlook (Revenue, USD Million, 2015 - 2025) • Residential • Commercial Japanese Whisky Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025) • On-Trade • Off-Trade Japanese Whisky Regional Outlook (Revenue, USD Million, 2015 - 2025) • North America

3. • U.S. • Europe • U.K. • France • Asia Pacific • China • Japan • Central & South America • Middle East & Africa See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/consumer-goods

4. Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions. Contact Person: Ryan Manuel Research Support Specialist, USA Email: ryan@millioninsights.com Global Headquarters Million Insights Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States Phone: 1-408-610-2300 Email: sales@millioninsights.com Asia Pacific Million Insights Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India Phone: 91-20-65300184