India Craft Spirits Market (2025-2031) | Industry, Competitive Landscape, Size & Revenue, Analysis, Outlook, Trends, Growth, Companies, Value, Forecast, Share, Segmentation
Market Forecast By Product (Whiskey, Vodka, Gin, Rum, Brandy, Liqueur, Others), By Distribution Channel (On-trade, Off-trade) And Competitive Landscape
| Product Code: ETC7541018 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India Craft Spirits Market Top 5 Importing Countries and Market Competition (HHI) Analysis
India`s craft spirits import market is thriving, with top exporters in 2024 including the UK, USA, Metropolitan France, Japan, and Ireland. The market continues to be highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). The impressive compound annual growth rate (CAGR) of 34.01% from 2020 to 2024 demonstrates the increasing demand for craft spirits in India. Despite a slight dip in the growth rate from 2023 to 2024, at 1.07%, the overall trajectory remains positive for the industry, making it an attractive market for international exporters.
Key Highlights of the Report:
- India Craft Spirits Market Outlook
- Market Size of India Craft Spirits Market, 2024
- Forecast of India Craft Spirits Market, 2031
- Historical Data and Forecast of India Craft Spirits Revenues & Volume for the Period 2021- 2031
- India Craft Spirits Market Trend Evolution
- India Craft Spirits Market Drivers and Challenges
- India Craft Spirits Price Trends
- India Craft Spirits Porter's Five Forces
- India Craft Spirits Industry Life Cycle
- Historical Data and Forecast of India Craft Spirits Market Revenues & Volume By Product for the Period 2021- 2031
- Historical Data and Forecast of India Craft Spirits Market Revenues & Volume By Whiskey for the Period 2021- 2031
- Historical Data and Forecast of India Craft Spirits Market Revenues & Volume By Vodka for the Period 2021- 2031
- Historical Data and Forecast of India Craft Spirits Market Revenues & Volume By Gin for the Period 2021- 2031
- Historical Data and Forecast of India Craft Spirits Market Revenues & Volume By Rum for the Period 2021- 2031
- Historical Data and Forecast of India Craft Spirits Market Revenues & Volume By Brandy for the Period 2021- 2031
- Historical Data and Forecast of India Craft Spirits Market Revenues & Volume By Liqueur for the Period 2021- 2031
- Historical Data and Forecast of India Craft Spirits Market Revenues & Volume By Others for the Period 2021- 2031
- Historical Data and Forecast of India Craft Spirits Market Revenues & Volume By Distribution Channel for the Period 2021- 2031
- Historical Data and Forecast of India Craft Spirits Market Revenues & Volume By On-trade for the Period 2021- 2031
- Historical Data and Forecast of India Craft Spirits Market Revenues & Volume By Off-trade for the Period 2021- 2031
- India Craft Spirits Import Export Trade Statistics
- Market Opportunity Assessment By Product
- Market Opportunity Assessment By Distribution Channel
- India Craft Spirits Top Companies Market Share
- India Craft Spirits Competitive Benchmarking By Technical and Operational Parameters
- India Craft Spirits Company Profiles
- India Craft Spirits Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the India Craft Spirits Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Craft Spirits Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Craft Spirits Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Craft Spirits Market Revenues & Volume, 2021 & 2031F |
3.3 India Craft Spirits Market - Industry Life Cycle |
3.4 India Craft Spirits Market - Porter's Five Forces |
3.5 India Craft Spirits Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 India Craft Spirits Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 India Craft Spirits Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer interest in unique and artisanal products |
4.2.2 Growing trend of experiential consumption and premiumization |
4.2.3 Rising disposable income and changing lifestyle preferences |
4.3 Market Restraints |
4.3.1 Stringent regulations and high taxation on alcoholic beverages |
4.3.2 Limited distribution channels and shelf space for craft spirits |
4.3.3 Perception challenges related to quality and trust compared to established brands |
5 India Craft Spirits Market Trends |
6 India Craft Spirits Market, By Types |
6.1 India Craft Spirits Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 India Craft Spirits Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 India Craft Spirits Market Revenues & Volume, By Whiskey, 2021- 2031F |
6.1.4 India Craft Spirits Market Revenues & Volume, By Vodka, 2021- 2031F |
6.1.5 India Craft Spirits Market Revenues & Volume, By Gin, 2021- 2031F |
6.1.6 India Craft Spirits Market Revenues & Volume, By Rum, 2021- 2031F |
6.1.7 India Craft Spirits Market Revenues & Volume, By Brandy, 2021- 2031F |
6.1.8 India Craft Spirits Market Revenues & Volume, By Liqueur, 2021- 2031F |
6.2 India Craft Spirits Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 India Craft Spirits Market Revenues & Volume, By On-trade, 2021- 2031F |
6.2.3 India Craft Spirits Market Revenues & Volume, By Off-trade, 2021- 2031F |
7 India Craft Spirits Market Import-Export Trade Statistics |
7.1 India Craft Spirits Market Export to Major Countries |
7.2 India Craft Spirits Market Imports from Major Countries |
8 India Craft Spirits Market Key Performance Indicators |
8.1 Number of craft spirits brands entering the market |
8.2 Growth in the number of craft spirit bars and specialized retailers |
8.3 Consumer engagement and participation in craft spirits events and tastings |
9 India Craft Spirits Market - Opportunity Assessment |
9.1 India Craft Spirits Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 India Craft Spirits Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 India Craft Spirits Market - Competitive Landscape |
10.1 India Craft Spirits Market Revenue Share, By Companies, 2024 |
10.2 India Craft Spirits Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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