NEW DELHI: Global whiskey volumes are set to witness a rebound in 2021, after a 10.7% declined last year, helped by recovery in large markets such as India and the US, according to data released by market research firm IWSR. Most of the growth for Scotch Whiskey will come from delayed recovery in the key market of India, IWSR said. “Global whiskey experienced a 10.7% volume decline in 2020, but the category is forecasted to rebound in 2021 and continue on its growth path, bolstered by the US and India. To be sure, IWSR tracks trends and provides data on the global alcoholic beverages market. A lockdown in late March 2020 led to closure of most non-essential stores that dented consumption of alcoholic beverages in India.

Source: Mint June 05, 2021 05:26 UTC