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The Argentina whiskey market reached approximately USD 647.27 Million in 2024. The market is projected to grow at a CAGR of 3.70% between 2025 and 2034, reaching a value of around USD 930.84 Million by 2034.
Base Year
Historical Year
Forecast Year
As per the industry reports, around 32 to 50 per cent of Argentinians are consumers of alcohol, which creates opportunities for market growth.
The Patagonia region in Argentina is an exclusive area for distilling and preparing single-malt whiskey due to the favourable climatic conditions.
A large number of alcohol retail stores have adopted the online channel for the sales of alcohol such as whiskey, due to rapid digitalisation.
Value in USD Million
2025-2034
Argentina Whiskey Market Outlook
*this image is indicative*
The increased purchasing power of consumers, incorporation of effective marketing strategies by the market players, and regulations regarding the consumption of alcohol are some crucial factors boosting the demand of Argentina whiskey market.
With the rise of disposable income and a preference for affordable luxury products, the demand for premium and super-premium whiskey is growing in the country. The small-batch and artisanal whiskey providers are also gaining prominence in the market as these whiskeys offer high-quality and unique whiskey compared to the mass-generated whiskey in the country.
The establishment of whiskey-tasting clubs has led consumers and whiskey connoisseurs in the country to discover new types of whiskey and promote their popularity in the country. The demand for flavoured whiskey is further expected to rise, especially among the young gen consumers who are more willing to invest in flavoured drinks as compared to the millennials.
Shift toward premium and craft whiskey, increase in local distilleries, and rise of whiskey tourism are increasing the Argentina whiskey market value.
Similar to other markets in Latin America, there’s a noticeable shift toward premium and craft whiskey brands in Argentina, supporting the Argentina whiskey industry growth. As disposable income rises, consumers are increasingly seeking high-quality, artisanal products that offer unique flavors and experiences. This trend is supported by a younger demographic that values authenticity and craftsmanship, driving demand for premium whiskey options. Tastings and whiskey events are becoming popular, helping to educate consumers about the nuances of different brands and expressions.
As per Argentina whiskey industry analysis, whiskey is becoming more entrenched in Argentina's social culture, particularly in urban areas. It is often enjoyed in social gatherings, bars, and restaurants, reflecting a broader acceptance of whiskey as a preferred spirit. The influence of international cocktail culture has also led to the incorporation of whiskey in various cocktails, appealing to a younger audience. This cultural integration is supported by the rise of specialized bars and lounges that focus on whiskey, creating spaces for enthusiasts to explore and enjoy this spirit.
Argentina has seen an increase in local distilleries producing whiskey, which is helping to stimulate the whiskey demand growth. These domestic brands often incorporate local ingredients and flavors, resonating with consumers looking for unique products that reflect their cultural heritage. The growing interest in local distillation is not only enhancing the whiskey landscape but also fostering a sense of pride among consumers in supporting local artisans. This trend is contributing to the diversification of the market and expanding consumer options.
Global trends in whiskey consumption, including the rise of whiskey tourism, are having an impact on whiskey demand. The country is increasingly becoming a destination for whiskey lovers, with distilleries and tasting tours gaining popularity. As international brands promote their products and engage with local consumers, they also help elevate the overall profile of whiskey in Argentina. Additionally, exposure to global whiskey trends through travel and media is influencing local preferences, encouraging consumers to explore different styles and brands. This interconnectedness is facilitating growth and innovation within the Argentina whiskey market.
“Argentina Whiskey Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Type:
Market Breakup by Quality:
Market Breakup by Distribution Channel:
Based on type, the market is divided into American whiskey, Irish whiskey, Scotch whiskey, and Canadian whiskey, among others. Scotch whiskey is expected to gain prominence in the market in the coming years as it possesses a distinct taste, rich heritage, and complex blend of flavours which appeal to the millennials.
The market players are increasing their offerings of premium whiskey to gain a competitive edge in the market.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2024, the market reached an approximate value of USD 647.27 Million.
The market is estimated to grow at a CAGR of 3.70% between 2025 and 2034.
The market is estimated to witness a healthy growth during 2025-2034 to reach around USD 930.84 Million by 2034.
The market is being driven due to increased purchasing power of consumers, the incorporation of effective marketing strategies by the market players, and regulations regarding the consumption of alcohol.
The key trends aiding the market include the growing demand for premium and super-premium whiskey, the establishment of whiskey-tasting clubs, and the rising popularity of flavoured whiskey.
Based on type, market segmentations include American whiskey, Irish whiskey, Scotch whiskey, and Canadian whiskey, among others.
Various segments are premium, high-end premium, and super premium.
The major players in the market are LA ALAZANA - PATAGONIA SINGLE MALT, Bacardi Limited, and Diageo plc, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
REPORT FEATURES | DETAILS |
Base Year | 2024 |
Historical Period | 2018-2024 |
Forecast Period | 2025-2034 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Quality |
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Breakup by Distribution Channel |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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