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India Craft Spirits Market Size & Outlook, 2025-2033


India Craft Spirits Market Insights

  • According to Deep Market Insights analysis, the India Craft Spirits Market size was USD 1302.96 Million in 2024 and is projected to reach USD 7470.87 Million by 2033.
  • The India market is projected to grow at a CAGR of 21.08% between 2026 and 2033.
  • By segment, Whiskey emerged as the largest Spirit type in terms of market size in 2024.
  • Whiskey is anticipated to remain the most attractive Spirit type segment, recording the fastest growth during the forecast period.

Other Key Findings


  • India accounted for 4.29% of the global Craft Spirits Market size in 2024.
  • By 2033, United States is expected to remain the top global market in terms of size.
  • Within Asia Pacific, China is forecasted to dominate the regional Craft Spirits Market size by 2033.
  • India will be the fastest-growing market in Asia Pacific, projected to achieve USD 7287.57 Million by 2033.

Report Summary

Report Scope Details
Base Year for Study 2024
Study Period 2021-2033
Historical Period 2021-2023
Forecast Period 2025-2033
Market Size In 2024 USD 1302.96 Million
Market Size In 2033 USD 7470.87 Million
Largest segment Whiskey
Units Revenue in USD Million
CAGR 21.08% (2025-2033)
Segmnetation Covered
Spirit type
  1. Whiskey
  2. Gin
  3. Vodka
  4. Rum
  5. Other craft spirits
Production scale
  1. Micro distilleries
  2. Small distilleries
  3. Medium distilleries
Price tier
  1. Premium
  2. Super premium
  3. Ultra premium
Distribution channel
  1. On-trade venues
  2. Off-trade retail
  3. Direct to consumer and online
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends