The global whiskey market is expected to grow close to 4.56 percent in volume until 2020, according to a recent research report by Technavio. The company addresses the present situation and growth prospects of the global whiskey market from 2016-2020. The report identifies Asia-Pacific as the largest region for growth during the 2016-2020 span.
The Americas are reported to be the second largest market for growth, where the report said there was consumption in volume close to 830.3 million liters in 2015. In European countries, the report said there is moderate growth, as Scotch whisky accounts for close to 85 percent of Scotland’s food and drink exports and 25 percent of the UK’s food and drink exports.