India Vodka Market (2025-2031) Outlook | Share, Forecast, Industry, Trends, Companies, Size, Analysis, Revenue, Growth & Value

India Vodka Market Synopsis

India vodka market is expected to witness robust growth in the coming years, driven by an increase in demand for premium and mid-level brands. The increasing consumption of alcoholic beverages, owing to changing lifestyle patterns across urban India and rising disposable incomes are some of the key drivers that will propel growth in this market. Furthermore, with the emergence of new players such as Diageo India Pvt Ltd entering the India vodka market, competition has increased significantly leading to lower prices and a larger variety of offerings available.

Market Drivers

The major drivers of this growth include increasing consumption by millennials, changing consumer preferences towards international brands, and a booming nightlife culture in urban cities such as Mumbai and Delhi. Besides these factors, promotions through digital platforms have also played an important role in driving sales of vodka in India.

Challenges of the Market

There are certain challenges faced by companies operating in this space which include stringent regulations imposed by governmental bodies along with cultural sensitivities surrounding alcohol consumption within certain regions. Moreover, high excise taxes on hard liquor products have also hindered growth prospects for manufacturers operating within this sector.

Key Players in the Market

Some major players present within India vodka industry include United Spirits Ltd., Radico Khaitan Ltd., Pernod Ricard India Pvt Ltd., Allied Blenders & Distillers (ABD), GM Breweries Ltd., Jagatjit Industries Ltd., Tilaknagar Industries Limited (TIL) amongst others.

COVID-19 impact on the market

The spread of Covid-19 pandemic had led many countries around the world into lockdowns which put a damper on business operations causing disruption across all sectors including Alcoholic Beverages Industry resulting decline in sales volume during 2025 due to closure/ restrictions imposed upon bars & pubs where majority amount liquor consumption takes place while some states even banned sale & transportation completely for weeks or months creating major disruptions within supply chain ultimately impacting overall performance negatively but gradually recovering since then as most markets have opened up now with new safety protocols established bringing back hope despite challenges remain still ahead especially when it comes future outlook rest assuredly depends upon how situation develops going forward.....

Key Highlights of the Report:

• India Vodka Market Outlook
• Market Size of India Vodka Market, 2024
• Forecast of India Vodka Market, 2031
• Historical Data and Forecast of India Vodka Revenues & Volume for the Period 2021-2031
• India Vodka Market Trend Evolution
• India Vodka Market Drivers and Challenges
• India Vodka Price Trends
• India Vodka Porter's Five Forces
• India Vodka Industry Life Cycle
• Historical Data and Forecast of India Vodka Market Revenues & Volume By Type for the Period 2021-2031
• Historical Data and Forecast of India Vodka Market Revenues & Volume By Flavored for the Period 2021-2031
• Historical Data and Forecast of India Vodka Market Revenues & Volume By Non-flavored for the Period 2021-2031
• Historical Data and Forecast of India Vodka Market Revenues & Volume By Distribution Channel for the Period 2021-2031
• Historical Data and Forecast of India Vodka Market Revenues & Volume By Restaurants and Bars for the Period 2021-2031
• Historical Data and Forecast of India Vodka Market Revenues & Volume By Specialty Stores for the Period 2021-2031
• Historical Data and Forecast of India Vodka Market Revenues & Volume By Supermarkets and Hypermarkets for the Period 2021-2031
• Historical Data and Forecast of India Vodka Market Revenues & Volume By Online Stores for the Period 2021-2031
• Historical Data and Forecast of India Vodka Market Revenues & Volume By Others for the Period 2021-2031
• India Vodka Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Distribution Channel
• India Vodka Top Companies Market Share
• India Vodka Competitive Benchmarking By Technical and Operational Parameters
• India Vodka Company Profiles
• India Vodka Key Strategic Recommendations