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South Korea’s whiskey imports experienced a compound annual growth rate (CAGR) of 17.1% in value from 2020 to 2024, totaling $249 million.
On February 2, 2025, the Government of Israel published the “Public Health Protection (Food) (Food that is an Alcoholic Food), 2025 Regulation.” Under this regulation, the Ministry of Economy’s authority over alcoholic beverages was transferred to the Ministry of Health.
The craft beer sector in China has grown significantly, driven by economic development and shifting consumer preferences. U.S. agricultural products, such as malt, hops, and yeast, are essential to this growth because of their superior quality and diverse varieties.
India’s total alcoholic beverage sector is the world’s third largest, with yearly sales of $44 billion according to Euromonitor. Despite India’s high import tariff structure, lack of uniformity in state excise rates, state specific regulations, and limited opportunities for the marketing of alcoholic beverages, the sector continues to witness significant growth that is set to expand to $55 billion by 2027.