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Despite a rebound in 2021, notably in the US, Irish whiskey may be increasingly challenged by RTDs and world whiskies. A more diverse geographic reach could help the category sustain growth and avoid saturation, for which Irish whiskey brands will also continue building premium credentials and innovating to create distinct attributes beyond aged expressions. While shifts in drinking habits may intensify challenges to the category, they also open up possibilities for cross-category reinvention.
Euromonitor International's Irish Whiskey: From Renaissance to Maturity? global briefing offers an insight into to the size and shape of the Alcoholic Drinks market in both the off-trade and the on-trade, it highlights buzz topics, emerging geographies, categories and trends as well as pressing industry issues and white spaces. It identifies the leading companies and brands by total volume, offers strategic analysis of key factors influencing the market - be they new product developments, packaging innovations, economic/lifestyle influences, distribution or pricing issues. Forecasts illustrate how the market is set to change and criteria for success.
Product coverage: Beer, Cider/Perry, RTDs, Spirits, Wine.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Scope of the Report
Key findings
Targeting new markets to sustain growth momentum
Intensifying competition between premium brands
Premiumisation and innovation strategies to target new audiences
Shift in consumption habits blurs category boundaries
Conclusion