25 Best Whiskeys in the World in 2024

In This Article:

In this article, we are going to discuss the 25 best whiskeys in the world in 2024. You can skip our detailed analysis of the global whiskey market, the dawn of the American single malt, and the recent acquisition in the whiskey industry, and go directly to the 10 Best Whiskeys in the World in 2024

Whiskey has been the drink of choice for many Americans since time immemorial, a constant companion as they have gone through life changing and trend setting phases throughout history. Its rise in the country was due in large part to the fact that it didn’t have to be imported. Unlike rum, which was made from sugarcane and molasses shipped from British-controlled islands in the Caribbean to distilleries in New England, whiskey could be distilled anywhere in America from domestically sourced raw ingredients. Corn, in particular, was plentiful in the New World. In fact, during the time of Andrew Jackson, it was believed that God had made corn for America and Americans for corn. Thus, they naturally thought of whiskey as their national drink.

Global Whiskey Market: 

Whiskey is one of the Most Consumed Alcohols in the World, with the global whiskey market valued at $64 billion in 2022 and expected to reach $91.3 billion by 2028, with a CAGR of 6% during the forecast period. 

The consumption of alcohol is shifting away from beer and wine and millennials are more likely to experiment with other alcoholic beverages, resulting in the growth of a ‘cocktail culture’. As a result of this tendency, the use of whiskey as a premium ingredient has increased. Product innovations, such as flavored whiskeys, and organic and sustainable options are also some of the major factors propelling the market. 

2022 was also a great year for Scotch whisky, and exports of Scotland’s native spirit hit $7.5 billion last year, the highest figures ever. Exports by volume rose substantially as well, with the number of 700 ml bottles shipped overseas up by 21%, to 1.67 billion.

Similarly, as we mentioned in our article – 25 Best Bourbon Whiskeys Under $50 – Bourbon is a $9 billion signature industry in Kentucky that generates more than 22,500 jobs. And if we’re looking at production and consumption, the state receives more than $286 million in tax revenue each year from its iconic whiskey. 

The positive economic impact of the beloved golden liquor is something we seldom consider when having a drink, but, given the facts, maybe it’s time we all raised a glass to it.

The Dawn of the American Single Malt: 

Bourbon has long held the title of America’s national spirit, but the American single malt is now the fastest growing whiskey category in the United States. Although distillers in the U.S. have been producing single malt for only three decades, the category has already achieved a significant milestone last year – an imminent legal definition, furnished by the Alcohol and Tobacco Tax and Trade Bureau.