India Vodka Market Overview, 2022-28

India Vodka Market Size, Share, Trend & Market Analysis By Type, By Distribution Channel, By End User, Competition Forecast & Opportunities.

Featured Companies

  • 1. Allied Blenders and Distillers Private Limited
  • 2. Bacardi India Private Limited
  • 3. DIAGEO India Private Limited
  • 4. Jagatjit Industries Limited
  • 5. Pernod Ricard India (P) Limited
  • 6. United Spirit Limited
  • More...

The rise in the preference for the best vodka brands in India with price and the demand for premium, high-quality beverages led by the increasing disposable income of Indian consumers has also brought to the forefront, Indian brands looking to offer premium vodka experiences to customers with the best vodka brands in India with price. A big one amongst these is Rahasya, launched by the Goa-based Bliss Water Industries Pvt. Ltd. Rahasya vodka stands out as a unique craft liquor and vodka brand in India with a unique flavour profile embodying the spirit of India in craft spirits. Having received a positive response in Goa, Rahasya vodka is one of the best vodka drinks and is planning to infuse the overseas market with its unique blend of taste and tradition.
According to the research report published by Bonafide Research, "India Vodka Market Overview" states that the demand for vodka is quite low as compared to other alcoholic beverages in India. The flavoured vodka segment is rapidly progressing towards capturing more market share during the forecast period. The urban population consumes more vodka, the white spirit, than its rural counterparts.
Thanks to made-in-India experiences, craft vodkas are getting popular. Craft components and all-natural ingredients have been known to work for consumers abroad and are now finding interest among Indian consumers among the best vodka brands in India with price. These best vodka drinks are adding vibrancy to the market and appealing to the Indian consumer of spirits. With the entry of more and more of the best vodka brands into India with prices matching and their unique propositions, this segment is expected to grow in the Indian market.
With increasing communication between the urban and rural regions of the country, the market for the best vodka brands in India with price is further expected to grow with increasing awareness of premium white spirits like Vodka. With a young demographic base, an expanding middle-class, growing income levels, and greater preference for premium food and drinking experiences with the rising social acceptance of spirits, the Indian spirits industry holds great potential, especially for the best vodka brands in India, which will continue to drive alcohol demand in the country for years to come.
Companies present in the market: Radico khaitan Limited, United Spirits Limited (A Diageo Company), Pernod Ricard India Private Limited, Bacardi Limited, Allied Blenders and Distillers Private Limited, Jagatjit Industries Limited, John Distilleries Private Limited.
Considered in the Report:
• Geography: India
• Base Year: 2016
• Estimated Year: 2022
• Forecast Year: 2027
India by Region
• South India
• West India
• North India
• East India
By Vodka Segments covered in the report
• Regular Vodka
• Premium Vodka
• Super –premium Vodka
The Approach of the Report:
Bonafide Research performed primary as well as secondary research for this study. Initially, a list of manufacturers and suppliers operating in the Sun Care Market of India were sourced through secondary sources. With the identified companies and consumers, primary research was carried out which included conducting online surveys, competitor analysis and exhaustive personal interviews - both face to face as well as telephonic basis, to extract maximum information from participants like industry executives/ distributors or consumers. Primary research gave us an idea of company revenues, export, pricing, geographical presence, channel partner model, USP etc. and also helped us to identify various small players who otherwise have less presence on the web.
Bonafide Research seeks secondary data from third-party sources such as published articles, company websites, magazine articles, associations, trade journals, annual reports, government official websites and other paid database sources. In addition, data is also mined from a host of reports in our repository, as well as a number of paid databases of Indian government. Using both primary and secondary information, Bonafide Research calculated the market size through a bottom-up approach, where manufacturers’ value sales data for different types of sun care products were recorded and subsequently forecasted for the future years.
Intended Audience:
This report can be useful to Industry consultants, manufacturers, suppliers, associations & organizations related to alcohol beverages industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.



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Companies Mentioned

  • Allied Blenders and Distillers Private Limited
  • Bacardi India Private Limited
  • DIAGEO India Private Limited
  • Jagatjit Industries Limited
  • Pernod Ricard India (P) Limited
  • United Spirit Limited
  • Radico khaitan Limited

Table of Contents

  • Table of Content
  • 1. Executive Summary
  • 2. Market Structure
  • 2.1. Market Considerate
  • 2.2. Assumptions
  • 2.3. Limitations
  • 2.4. Abbreviations
  • 2.5. Sources
  • 2.6. Definitions
  • 2.7. India Macro Economic Indicators
  • 2.8. Demographics Insight
  • 3. Research Methodology
  • 3.1. Secondary Research
  • 3.2. Primary Data Collection
  • 3.3. Market Formation & Validation
  • 3.4. Report Writing, Quality Check & Delivery
  • 4. India Alcoholic Beverages Market Outlook
  • 4.1. Market Size
  • 4.1.1. By Value
  • 4.1.2. By Volume
  • 4.2. Market Share
  • 4.2.1. By Region
  • 4.2.2. By Demographics
  • 4.2.3. By Sales Channel
  • 5. India Vodka Market Outlook
  • 5.1. Market Size By Value
  • 5.2. Market Share
  • 5.2.1. By Region
  • 5.2.2. By Demographics
  • 5.2.3. By Distribution Channel
  • 5.2.4. By Product Type
  • 5.2.5. By Price Segment
  • 5.2.6. By Company
  • 5.3. Product Price & Variant Analysis
  • 6. PEST Analysis
  • 7. Trade Dynamics
  • 7.1. Import of Vodka
  • 7.2. Export of Vodka
  • 7.3. Import of Gin
  • 7.4. Export of Gin
  • 8. Market Dynamics
  • 8.1. Drivers
  • 8.2. Challenges
  • 9. Market Trends & Developments
  • 9.1. Increase of Premix and Flavoured Alcoholic Drinks
  • 9.2. Change in consumer preferences to premium products
  • 9.3. Changing packaging of products
  • 9.4. Increasing Stress in Life
  • 9.5. Increasing parties and presence of Alcoholic products in them
  • 10. Competitive Landscape
  • 10.1. Porter`s Five Forces
  • 10.2. Company Profiles
  • 10.2.1. United Spirits Limited (A Diageo Company)
  • 10.2.1.1. Company Snapshot
  • 10.2.1.2. Company Overview
  • 10.2.1.3. Financial Highlights
  • 10.2.1.4. Geographic Spread and Distribution network
  • 10.2.1.5. Business Segment & Performance
  • 10.2.1.6. Product Portfolio
  • 10.2.1.7. Key Executives
  • 10.2.1.8. Strategic Moves & Developments
  • 10.2.2. Pernod Ricard India Private Limited
  • 10.2.3. Allied Blenders and Distillers Private Limited
  • 10.2.4. Radico khaitan Limited
  • 10.2.5. Bacardi India Private Limited
  • 10.2.6. Jagatjit Industries Limited
  • 10.2.7. Globus Spirits Ltd.
  • 11. Strategic Recommendation’s
  • 12. Disclaimer

List of Table
Table 1: India Tier-wise Classification Of Cities
Table 2: India Region-wise Classification Of Cities
Table 3: India Vodka Market Size By Value 2016-17 to 2027-28F (in INR Crore)
Table 4: India Vodka Market Share By Value By Region (2016-17, 2021-22 & 2027-28F))
Table 5: India Vodka Market Share By Value By Demographics (2016-17, 2021-22 & 2027-28F)))
Table 6: India Vodka Market Share By Value By Distribution Channel (2016-17, 2021-22 & 2027-28F)
Table 7: India Vodka Market Share By Value By Product Type (2016-17, 2021-22 & 2027-28F)
Table 8: India Vodka Market Share By Value By Sales Price Segment (2016-17, 2021-22 & 2027-28F)
Table 9: India Vodka Market Share By Company (2021)
Table 10: HS Code for Vodka Products in India 2021
Table 11: Import Duty Structure for HS Code XXXX in India 2021
Table 12: Import of HS Code XXXX in India - Value & Volume 2016-17 to 2021-22
Table 13: Import of HS Code XXXX in India - By Country By Value & Volume Share 2021-22
Table 14: Export of HS Code XXXX in India - Value & Volume 2016-17 to 2021-22
Table 15: Export of HS Code XXXX in India - By Country By Value & Volume Share 2021-22
Table 16: Import of HS Code XXXX in India - Value & Volume 2016-17 to 2021-22
Table 17: Import of HS Code XXXX in India - By Country By Value & Volume Share 2021-22
Table 18: Export of HS Code XXXX in India - Value & Volume 2016-17 to 2021-22
Table 19: Export of HS Code XXXX in India - By Country By Value & Volume Share 2021-22

List of Figures
Figure 1: India Population 2017-2021(In Crore)
Figure 2: India Population Age Structure (EST. 2019)
Figure 3: India Urban VS Rural (Crore)
Figure 4: India Alcoholic Beverages Market Size By Value 2016-17 to 2027-28F (in INR Crore)
Figure 5: India Alcoholic Beverages Market Size By Volume 2016-17 to 2027-28F (in Billion Liters)
Figure 6: India Alcoholic Beverages Market Share By Value, By Region, 2016-17, 2021-22 & 2027-28F
Figure 7: India Alcoholic Beverages Market Share By Value, By Demographics, 2016-17, 2021-22 & 2027-28F
Figure 8: India Alcoholic Beverages Market Share By Value, By Sales Channel, 2016-17, 2021-22 & 2027-28F
Figure 9: Porter's Five Forces of India Vodka and Gin Market
Figure 10: Market attractiveness Index, By XXXX 2027
Figure 11: Market attractiveness Index, By Segment 2027

Market Research FAQs

India is home to some good vodka brands. India has one of the biggest consumer markets for vodka. The clear distilled alcoholic beverage finds many takers because of its neutral taste that makes for a good drink without any mixing and also melds well with chasers and other flavourings.

White Mischief is India's largest-selling Vodka brand with a whopping market share of about 48% in the regular vodka category.

Names like Smirnoff vodka, SVEDKA, Ketel One, Absolut, Grey Goose, Stoli Vodka, Belvedere, Ciroc, and SKYY Vodka are among the best-selling vodka brands on the market.

There are some major differences between tequila and vodka, though they are both distilled spirits: Tequila is made from the blue agave plant and vodka is made from a starch or sugar rich plant

Whiskey is made from cereal grains such as wheat, rye, malted barley, and corn. Vodka is also typically made from grains but can also be made from potatoes, molasses, fruit, rice, barley, and soybeans.
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India Vodka Market Overview, 2022-28

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