Dark Spirits Market Research, Key Players, Analysis And Forecast 2028: Grand View Research Inc.

The global dark spirits market size is expected to reach USD 91.5 billion by 2028 , registering a CAGR of 7.5% in the forecast period 2022 to 2028 , according to a new report by Grand View Research, Inc. The market growth is accelerated by increasing demand for premium whiskey from emerging economies such as China and India. Large global development in the food & beverage sector is one of the important factors driving the growth of the dark spirit market. Moreover, the increasing inclination for the premium craft spirits, mainly among the millennials, is offering a thrust to the dark spirit market development. In August 2020, the U.K. government created a new fund to support the whisky industry. The government had allocated USD 13.0 million for the distilleries which were used for R&D purposes. This kind of initiative will support the business of alcoholic beverages, which is expected to boost significant market growth during the fore...