Global Single Malt Whiskey Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Scotch Whisky, American Whiskey, Irish Whiskey, and Others.

By Application;

Supermarket & Hypermarkets, On-Trade, Specialist Retailers, Online, and Convenience Store.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn892783238 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Single Malt Whiskey Market (USD Million), 2021 - 2031

In the year 2024, the Global Single Malt Whiskey Market was valued at USD 3,391.93 million. The size of this market is expected to increase to USD 4,583.57 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.4%.

The global single malt whiskey market is experiencing dynamic growth, fueled by increasing consumer appreciation for premium and artisanal spirits. Single malt whiskey, distinguished by its production from malted barley and distilled at a single distillery, has garnered widespread recognition for its rich flavors, unique profiles, and craftsmanship. This market is characterized by a diverse range of offerings, from well-established brands with storied histories to emerging distilleries innovating with new flavors and aging techniques.

The rising demand for high-quality, authentic spirits is driving the expansion of the single malt whiskey market. Consumers are increasingly seeking out single malts for their complex flavor profiles, which are often influenced by factors such as geographic origin, aging process, and cask types. This interest is further supported by the growing trend of premiumization, where consumers are willing to invest in higher-end, luxury beverages that offer a distinctive and refined drinking experience.

Geographically, the single malt whiskey market is robust across several regions, with notable growth in North America, Europe, and Asia-Pacific. In North America, the market is driven by a burgeoning interest in craft spirits and a strong culture of whiskey appreciation. Europe, with its rich heritage in whiskey production, continues to be a significant player, while the Asia-Pacific region is emerging as a key growth area due to increasing disposable incomes and a rising preference for premium alcoholic beverages.

The market is also seeing innovation and diversification in product offerings, with distilleries experimenting with new cask finishes, flavor infusions, and limited-edition releases. This creativity is attracting a broader audience and encouraging exploration within the category. Additionally, the rise of experiential marketing, such as distillery tours and tasting events, is enhancing consumer engagement and brand loyalty.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Single Malt Whiskey Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Premiumization
        2. Craft Spirits Demand
        3. Flavor Diversity
      2. Restraints
        1. High Production Costs
        2. Regulatory Challenges
        3. Market Saturation
      3. Opportunities
        1. Emerging Markets Expansion
        2. Innovation in Flavors and Aging
        3. Premium Product Lines
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Single Malt Whiskey Market, By Product, 2021 - 2031 (USD Million)
      1. Scotch whisky
      2. American whiskey
      3. Irish whiskey
      4. Others
    2. Global Single Malt Whiskey Market, By Application, 2021 - 2031 (USD Million)
      1. Supermarket and Hypermarkets
      2. On-Trade
      3. Specialist Retailers
      4. Online
      5. Convenience Store
    3. Global Single Malt Whiskey Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Bacardi
      2. Beam Suntory
      3. Brown-Forman
      4. Diageo
      5. Pernod Ricard
      6. Other prominent vendors
  7. Analyst Views
  8. Future Outlook of the Market