India Spirits Market 2025

Insights reveal that the India spirits market is set for a healthy expansion, with an anticipated growth of USD 24.6 billion, corresponding to a CAGR of nearly 9.5% from 2025 to 2030. 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 delivers a comprehensive dataset on the India spirits market, detailing annual market size and growth rates over the past six years, alongside projections through 2030. It offers an in-depth examination of market segments and subcategories, with a particular focus on evolving trends by product type, category and distribution channel.

Market Segmentation

The India spirits market is categorized 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

The spirits market in India is segmented across product type, category and distribution channel. The market is classified by product type into brandy and cognac, liqueurs, rum, whiskies, and white spirits. Category categories include 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 highly competitive, with key companies profiled in this report, including 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 comprehensive report analyzes the performance of leading companies in the spirits sector from 2020 to 2024. The findings highlight shifts in market share, revealing both established market leaders and emerging 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.
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Table of Contents

TABLE OF CONTENTS
Key Findings
Market Segmentation
Market Overview
India Spirits Market – Product Type Analysis
India Spirits Market – Category Analysis
India Spirits Market – Distribution Channel Analysis
Company Shares Analysis
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
Research Methodology
Disclaimer

FIGURES AND TABLES
Table India Spirits Market 2020-2030
Chart India Spirits Market, Net Growth, 2020-2030
Chart India Spirits Market, Growth Rates, 2020-2030
Table India Spirits Market by Product Type, 2020-2030
Chart India Spirits Market by Product Type, CAGR Historic and Forecast, 2020-2030
Chart India Spirits Market by Product Type, 2020-2030
Table India Spirits Market by Category, 2020-2030
Chart India Spirits Market by Category, CAGR Historic and Forecast, 2020-2030
Chart India Spirits Market by Category, 2020-2030
Table India Spirits Market by Distribution Channel, 2020-2030
Chart India Spirits Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart India Spirits Market by Distribution Channel, 2020-2030
Table India Spirits Market Share (%), by Companies, 2020-2024
Chart India Spirits Market, by Companies, 2024
Table India Spirits Market Share (%), by Brands, 2020-2024
Chart India Spirits Market, by Brands, 2024
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.