According to the latest report, titled Global Bourbon Whiskey Market by Type, Application, End-User, and Region – Forecast to 2026, the global Bourbon Whiskey market exhibited moderate growth during 2015-2020.
In the study, you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market-associated stakeholders. The growth of the market was mainly driven by the increasing R&D spending across the world
Some of the key players profiled in the study are:
- Blanton’s Bourbon
- Woodford Reserve
- Pappy Van Winkle
- Jim Beam
- Hudson Baby Bourbon
- Buffalo Trace Distillery
- Maker’s Mark
- Black Maple Hill
- Booker’s
Scope of the Report of Bourbon Whiskey:
- Bourbon is a type of American whiskey, a barrel-aged, distilled liquor made primarily from corn. It is a product of aging in charred oak casks, a process that gives bourbon its brownish Color and distinctive taste. It is stored in charred oak barrels without including any additives or colorings.
- Straight bourbon must be aged at least two years, and blended bourbon must contain at least 51% straight bourbon on a proof gallon basis. Application in households and HoReCa has increased the demand for bourbon.
- In 2021, Diageo launched a new Bourbon from its George Dickel brand with an eight-year-old blended whiskey that comprises 84% corn, 8% rye, and 8% malted barley. This launch is a balanced bourbon with balanced proportions and well-aged to launch as a brand for catering to the demand for the whiskey.
Market Trends:
- Clean Label Manufacturing and Attractive Packaging Techniques
Opportunities:
- Rising Applications of Bourbon in HoReCa Culture
- Increasing Usage of Bourbon
Market Drivers:
- Rising Demand for the Aged Bourbon
- Increasing Demand for the Wines to Comply with Taste Differences
Challenges:
- Availability of Substitutes in Market
Read Detailed Index of full Research Study here.
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