North America Whiskey Market Value Worth $17bn by 2025

摘要

The Asia Pacific whiskey market is projected to cross $37bn by 2025. India accounted for around 45% of global whiskey consumption in 2018. High demand is expected due to an increasing number of consumers within the legal drinking age, enhanced standard of living, rapid urbanisation, and rise in spending on leisure. For instance, the legal drinking age portion of the Indian population is projected to increase from 64% in 2011 to 68% in 2021. The world's economy is shifting toward countries in the southeast, and with these countries being an emerging market, they will drive export growth for the product.