India Spirits Market 2024

$325

Discounts are available for multiple purchases

  • Secure Payments
  • Delivered within 8 Working Hours

Anticipated trends indicate that the India spirits market will achieve incremental growth of USD 24.6 billion, translating to a compound annual growth rate (CAGR) of around 9.5% during the forecast period of 2024 to 2029. India’s spirits market is experiencing rapid growth, fueled by increasing disposable incomes and a burgeoning middle class. Whiskey is the dominant spirit in India, with both domestic and international brands seeing strong demand. Premiumization is also becoming a significant trend, with consumers showing more interest in high-end whiskey and rum options. Additionally, the shift toward urbanization and the rise of the cocktail culture in cities like Mumbai, Delhi, and Bangalore are driving growth in the spirits market. The ongoing liberalization of alcohol laws, along with a growing middle-class interest in global drinking habits, is likely to continue supporting the sector.

The report offers a comprehensive evaluation of the India spirits market, presenting crucial data on historical market size, growth patterns, and future projections. It provides a thorough breakdown of market segments and sub-segments, with a focus on key variables such as product type, category and distribution channel. This comprehensive evaluation aids in identifying the growth potential within the spirits industry.


Market Segmentation


The India spirits market is classified into the following segments:
Product type: brandy and cognac, liqueurs, rum, whiskies, white spirits
Category: craft, non-craft
Distribution channel: supermarkets and hypermarkets, food and drinks stores, bars and HoReCa, others

In India, the spirits market is segmented by product type, category and distribution channel. The categorization of the market by product type includes brandy and cognac, liqueurs, rum, whiskies, and white spirits. Category segments encompass craft, and non-craft. Distribution channel segmentation includes supermarkets and hypermarkets, food and drinks stores, bars and HoReCa, and others.


Competitive Landscape


The spirits market is largely dominated by key players such as Tilaknagar Industries Ltd., Suntory Holdings Limited, Radico Khaitan Limited (RKL), Pernod Ricard Group, Mohan Meakin Ltd., John Distilleries Private Limited, Jagatjit Industries Limited, Inbrew Holdings Pte. Ltd., Diageo plc, Amrut Distilleries Private Ltd., Allied Blenders and Distillers Pvt. Ltd. (ABD), Alcobrew Distilleries India Pvt. Ltd. and ADS Spirits Pvt. Ltd.

This analysis offers a comprehensive overview of the main players in the spirits market, evaluating their performance trends from 2019 to 2023. Key findings illustrate shifts in market share, identifying both dominant firms and rising competitors.


Why Buy This Report?


Obtain precise statistical data and forecasts for the India spirits market.
Gain in-depth analysis and forecasts for the key segments of the India spirits market: product type, category and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the India spirits market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the India spirits market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
A single unlimited user license within the same organization, with no additional charges for extra users.


Table of Contents


TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
India Spirits Market – Product Type Analysis
India Spirits Market – Category Analysis
India Spirits Market – Distribution Channel Analysis
Key Players and Market Share
– Tilaknagar Industries Ltd.
– Suntory Holdings Limited
– Radico Khaitan Limited (RKL)
– Pernod Ricard Group
– Mohan Meakin Ltd.
– John Distilleries Private Limited
– Jagatjit Industries Limited
– Inbrew Holdings Pte. Ltd.
– Diageo plc

Macroeconomic Data and Forecast
Disclaimer

FIGURES AND TABLES
Table India Spirits Market 2019-2029
Chart India Spirits Market, Net Growth, 2019-2029
Chart India Spirits Market, Growth Rates, 2019-2029
Table India Spirits Market by Product Type, 2019-2029
Chart India Spirits Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart India Spirits Market by Product Type, 2019-2029
Table India Spirits Market by Category, 2019-2029
Chart India Spirits Market by Category, CAGR Historic and Forecast, 2019-2029
Chart India Spirits Market by Category, 2019-2029
Table India Spirits Market by Distribution Channel, 2019-2029
Chart India Spirits Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart India Spirits Market by Distribution Channel, 2019-2029
Table India Spirits Market Share (%), by Companies, 2019-2023
Chart India Spirits Market, by Companies, 2023
Table India Spirits Market Share (%), by Brands, 2019-2023
Chart India Spirits Market, by Brands, 2023
Table India – Population (Millions) and Forecast
Table India – Consumer Price Index (CPI) and Forecast
Table India – Gross Domestic Product and Forecast
Table India Spirits Market: Spend as a Proportion of GDP (%)
Table India Spirits Market: Consumption per Capita (Population)


Companies Mentioned


Tilaknagar Industries Ltd.
Suntory Holdings Limited
Radico Khaitan Limited (RKL)
Pernod Ricard Group
Mohan Meakin Ltd.
John Distilleries Private Limited
Jagatjit Industries Limited
Inbrew Holdings Pte. Ltd.
Diageo plc
Amrut Distilleries Private Ltd.
Allied Blenders and Distillers Pvt. Ltd. (ABD)
Alcobrew Distilleries India Pvt. Ltd.
ADS Spirits Pvt. Ltd.


Product Type

Industry Statistics

Region

Asia Pacific

Published Date

2024

Shopping Cart
Scroll to Top

Request Free Sample Report

The free sample report includes examples of all the tables, charts, infographics, and topics included in this study. Please fill out our form and we will get back to you.