India Gin Market Trends, Share, Growth and Outlook 2025–2033 | Get Free Sample Report

The India gin market size reached USD 634.60 Million in 2024 and is expected to reach USD 944.61 Million by 2033 at a CAGR of 4.18% (2025-2033).

India Gin Market Trends, Share, Growth and Outlook 2025–2033 | Get Free Sample Report

According to IMARC Group’s report titled "India Gin Market Size, Share, Trends and Forecast by Type, Price Point, Distribution Channel, and Region, 2025-2033" the report offers a comprehensive analysis of the industry, including market share, growth, trends, and regional insights.

Note: We are in the process of updating our reports to cover the 2026–2034 forecast period. For the most recent data, insights, and industry updates, please click on ‘Request Free Sample Report.

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India Gin Market Overview

The India gin market size reached USD 634.60 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 944.61 Million by 2033, exhibiting a growth rate (CAGR) of 4.18% during 2025-2033. The rising premiumization, increasing consumer preference for craft and flavored gins, expanding cocktail culture, urbanization, growing disposable incomes, changing lifestyle trends, innovative marketing strategies, and the emergence of homegrown gin brands catering to evolving tastes and preferences are some of the factors fueling the India gin market share.

India Gin Market Key Takeaways

  • Current Market Size: USD 634.60 Million (2024)
  • CAGR: 4.18%
  • Forecast Period: 2025-2033
  • The market is driven by rising premiumization and a growing preference for artisanal and craft gins.
  • Increasing disposable incomes and changing lifestyle trends significantly boost market growth.
  • Expansion of cocktail culture, especially among millennials and Gen Z, fuels demand.
  • Innovative marketing strategies and emergence of homegrown gin brands support market diversification.
  • The India gin market is shifting from a niche to a mainstream spirit.

India Gin Market Growth Factors

  • Rising premiumization with consumers opting for high-quality, artisanal, and craft gins over mass-produced alternatives.
  • Increasing consumer preference for craft and flavored gins.
  • Expanding cocktail culture, especially in urban areas among millennials and Gen Z.
  • Urbanization driving lifestyle changes that favor alcohol consumption.
  • Growing disposable incomes enabling higher spending on premium spirits.
  • Changing lifestyle trends supporting the demand for premium alcoholic beverages.
  • Innovative marketing strategies enhancing brand visibility and consumer engagement.
  • Emergence of homegrown gin brands catering to evolving tastes and preferences.
  • Expansion of gin-focused bars and speakeasies promoting gin consumption.

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India Gin Market Trends

  • Rapid premiumization of India’s gin market with a focus on artisanal and craft gins.
  • Homegrown craft distilleries emphasize unique botanicals and local ingredients.
  • Notable companies include Stranger & Sons, Hapusa, and Greater Than that create unique taste experiences.
  • The segment elevates gin from a niche to a mainstream spirit due to rising disposable incomes.
  • Launch of luxury products such as Radico Khaitan's Jaisalmer Indian Craft Gin 'Gold Edition'.
  • Growing cocktail culture driven by millennials and Gen Z experimenting with mixology.
  • Influence of global mixology trends and the rise of speakeasies and gin-focused bars.
  • Social media platforms educating consumers on gin-based cocktails.
  • Brands like Himmaleh Spirits focus on sustainability and local sourcing with products honoring local terroir.

India Gin Market Segmentation

Type Insights:

  • London Dry Gin
  • Old Tom Gin
  • Plymouth Gin
  • Others

Price Point Insights:

  • Standard
  • Premium
  • Luxury

Distribution Channel Insights:

  • On-trade
  • Off-trade

Regional Insights

  • North India
  • South India
  • East India
  • West India

The North India region dominates the India gin market in terms of market share, supported by a robust cocktail and bar culture. The market across these major regions is expected to grow steadily at a CAGR of 4.18% during 2025-2033.

India Gin Market Key Players

The report offers an in-depth examination of the competitive landscape, including market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

India Gin Market Recent Developments & News

  • In December 2024, The Bagh Explorations series introduced TERAI India Craft Gin - Litchi & Mulberries, made with indigenous botanicals emphasizing the Grain-to-Glass philosophy.
  • In February 2025, Allied Blenders and Distillers acquired all brands and Intellectual Property rights from Fullarton Distilleries Private, the producer of Pumori gin and Woodburns whiskey, for approximately Rs 40 crore.

India Gin Market Key Highlights of the Report

  • Comprehensive quantitative analysis of market segments and trends from 2019-2033.
  • Detailed assessment of market drivers, challenges, and opportunities.
  • Porter’s five forces analysis to evaluate market competition and attractiveness.
  • Competitive landscape analysis including key player positioning and strategies.
  • Extensive profiles of major market players.
  • Insights into consumer behavior and emerging market trends.

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