Argentina Whiskey Market Overview, 2028

Argentina Whiskey Market Overview, 2028

Amidst the land of rich traditions and passionate pursuits, the whiskey market in Argentina has emerged as a captivating realm of exploration and indulgence. Argentina's whiskey traces its roots back to the early 20th century when European immigrants brought their cherished traditions to the country. Over the time, whiskey became deeply ingrained in Argentine culture, embraced as a symbol of refinement and sophistication. Whiskey market in Argentina stands as a testament to this enduring affection, offering a diverse range of options to cater to all tastes and preferences. Whiskey has become deeply ingrained in Argentine culture, reflecting a long-standing appreciation for refined spirits. Historical influences from European immigrants, particularly from Scotland and Ireland, brought their whiskey-drinking traditions to Argentina. This cultural connection has fostered a continued affinity for whiskey among the Argentine population. Argentine consumers have developed sophisticated palates, seeking out complex and distinctive flavors. Whiskey, with its wide range of styles and flavor profiles, appeals to those looking for a spirit that offers depth and nuance. As whiskey education and tastings become more prevalent, consumers are eager to explore different whiskey expressions and broaden their tasting experiences.

According to the research report “Argentina Whiskey Market Overview, 2028, published by Bonafide Research, The Argentina Whiskey Market is projected to reach market size of more than USD 546 Million by 2028. Some of the well-known whiskey brands in Argentina are Johnnie Walker, Chivas Regal, Jack Daniel's, Jameson, Ballantine's, Grant's. In Argentina, the grains primarily used to make whiskey are malted barley and corn. These two grains form the foundation of whiskey production in the country and contribute to the flavor profiles of Argentine whiskies. Whiskey consumption in Argentina has been on the rise, reflecting a growing interest in the spirit. Whiskey has gained popularity among both men and women, with a broader demographic embracing the drink. It is enjoyed by whiskey connoisseurs, casual drinkers, and those exploring the spirit for the first time. Whiskey in Argentina is often consumed in social settings, such as bars, restaurants, and gatherings with friends and family. It is a spirit that is commonly enjoyed during celebrations, special occasions, and social events. Whiskey serves as a symbol of sophistication and is often associated with elegance and refinement. Whiskey purists in Argentina often prefer to drink their whiskey neat or on the rocks, allowing the flavors and aromas of the spirit to shine. This traditional approach highlights the nuances and complexities of the whiskey, providing a more authentic tasting experience. Argentine consumers have access to a wide variety of whiskey styles, including Scotch whiskey, American bourbon, and domestic whiskey produced in Argentina. This diversity allows consumers to explore different flavor profiles, regions, and production techniques, catering to individual preferences and expanding the range of choices available. At the forefront of the market are the imported whiskeys that have captured the hearts of Argentine consumers. Scotch whiskey, with its rich heritage and time-honored distillation methods, holds a special place in the preferences of whiskey enthusiasts. From the robust and peaty Islay malts to the elegant and fruity Highland expressions, these imported whiskies offer a glimpse into the traditions and terroirs of Scotland. American bourbon, with its distinct sweetness and smoothness, has also found a devoted following in Argentina, showcasing the craftsmanship of American whiskey-making. While imported whiskeys dominate the market, Argentina has also seen the rise of local distilleries that produce their own unique expressions. These distilleries, inspired by the nation's rich winemaking traditions, infuse their whiskey with a touch of Argentine flair. Some harness the influence of the country's renowned wine regions, utilizing oak barrels that previously held Malbec or Cabernet Sauvignon, imparting subtle fruit and spice notes to the whiskey. Others experiment with local grains and age their spirits in innovative cask finishes, pushing the boundaries of flavor profiles and adding a distinct Argentine character to their creations.

Whiskey appreciation in Argentina extends beyond consumption, with a burgeoning interest in whiskey education and tastings. Whiskey enthusiasts, both novice and experienced, can partake in workshops and masterclasses led by knowledgeable experts. These immersive experiences offer an opportunity to deepen one's understanding of whiskey production, explore different styles and regions, and develop a discerning palate. Argentina's whiskey market also thrives within the realm of mixology. Talented bartenders across the country showcase their creativity by crafting innovative whiskey-based cocktails. From classic concoctions like the Manhattan and the Whiskey Sour to imaginative creations infused with local ingredients and flavors, these cocktails reflect the country's vibrant culinary culture and provide an exciting twist on traditional whiskey serves. Whiskey bars and specialized retailers have flourished in Argentina's major cities, offering a haven for whiskey enthusiasts to gather and explore a vast selection of local and imported brands. These establishments curate impressive collections that cater to connoisseurs seeking rare and limited-edition bottlings, as well as those looking to discover new expressions from renowned distilleries. As Argentina's whiskey market continues to evolve, the country's zeal with this noble spirit shows no signs of waning. With an ever-growing array of options, from imported classics to local treasures, the whiskey market in Argentina invites both seasoned whiskey aficionados and curious novices to embark on a journey of exploration and indulgence. So, raise your glass and savor the rich tapestry of flavors that awaits you in Argentina's captivating whiskey scene.

Considered in this report:
• Geography: Argentina
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report:
• Argentina Whiskey Market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Grain Type:
• Malt/ Barley Whisky
• Wheat Whisky
• Rye Whisky
• Corn Whisky
• Blended Whisky
• Others

By Type:
• Scotch Whiskey
• American Whiskey
• Irish Whiskey
• Canadian Whiskey
• Japaneese Whiskey
• Others

By Quality:
• Premium
• High-End Premium
• Super Premium

By Beverage Type:
• Alcoholic
• Non-Alcoholic

By Flavor:
• Non-Flavored
• Flavored

By Distribution Channel:
• Off Trade
• On Trade

By Off Trade Distribution Channel:
• Supermarkets and Hypermarkets
• Liquor Stores
• Online Stores
• Others

By On Trade Distribution Channel:
• Hotels, Restaurants & Bars
• Others

By Age of Whisky:
• Below 12 Years
• 12 to 18 Years
• Above 18 Years

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us. we have started verifying the details obtained from secondary sources.

Intended audience:
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to whiskey industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.