| Product Code: ETC7548653 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of natural spirits to India in 2024 continued to see strong growth, with the top exporting countries being the UK, Ireland, USA, Spain, and Japan. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 31.32%, showcasing the increasing demand for natural spirits in India. Despite a slightly lower growth rate of 1.68% from 2023 to 2024, the market remains robust and promising for exporters.

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 Natural Spirits Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Natural Spirits Market Revenues & Volume, 2021 & 2031F |
3.3 India Natural Spirits Market - Industry Life Cycle |
3.4 India Natural Spirits Market - Porter's Five Forces |
3.5 India Natural Spirits Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Natural Spirits Market Revenues & Volume Share, By End user, 2021 & 2031F |
4 India Natural Spirits Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness and interest in natural and organic products |
4.2.2 Growing disposable income and changing lifestyle preferences of consumers |
4.2.3 Rising popularity of cocktails and mixology culture in India |
4.3 Market Restraints |
4.3.1 High taxation and regulatory hurdles for alcoholic beverages in India |
4.3.2 Limited availability of premium natural spirits in the market |
4.3.3 Impact of economic fluctuations on consumer spending behavior |
5 India Natural Spirits Market Trends |
6 India Natural Spirits Market, By Types |
6.1 India Natural Spirits Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Natural Spirits Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 India Natural Spirits Market Revenues & Volume, By Gin, 2021- 2031F |
6.1.4 India Natural Spirits Market Revenues & Volume, By Brandy, 2021- 2031F |
6.1.5 India Natural Spirits Market Revenues & Volume, By Cane, 2021- 2031F |
6.1.6 India Natural Spirits Market Revenues & Volume, By Vodka, 2021- 2031F |
6.1.7 India Natural Spirits Market Revenues & Volume, By Flavoured Spirits, 2021- 2031F |
6.1.8 India Natural Spirits Market Revenues & Volume, By Rum, 2021- 2031F |
6.1.9 India Natural Spirits Market Revenues & Volume, By Taquila, 2021- 2031F |
6.1.10 India Natural Spirits Market Revenues & Volume, By Taquila, 2021- 2031F |
6.2 India Natural Spirits Market, By End user |
6.2.1 Overview and Analysis |
6.2.2 India Natural Spirits Market Revenues & Volume, By Hypermarket, 2021- 2031F |
6.2.3 India Natural Spirits Market Revenues & Volume, By Supermarket, 2021- 2031F |
6.2.4 India Natural Spirits Market Revenues & Volume, By Online Stores, 2021- 2031F |
6.2.5 India Natural Spirits Market Revenues & Volume, By Others, 2021- 2031F |
7 India Natural Spirits Market Import-Export Trade Statistics |
7.1 India Natural Spirits Market Export to Major Countries |
7.2 India Natural Spirits Market Imports from Major Countries |
8 India Natural Spirits Market Key Performance Indicators |
8.1 Number of new product launches in the natural spirits segment |
8.2 Percentage growth in the consumption of natural spirits in urban areas |
8.3 Increase in the number of bars and restaurants offering natural spirits on their menus |
9 India Natural Spirits Market - Opportunity Assessment |
9.1 India Natural Spirits Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Natural Spirits Market Opportunity Assessment, By End user, 2021 & 2031F |
10 India Natural Spirits Market - Competitive Landscape |
10.1 India Natural Spirits Market Revenue Share, By Companies, 2024 |
10.2 India Natural Spirits Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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