Gin Market
PUBLISHED: 2025 ID: SMRC30818
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Gin Market

Gin Market Forecasts to 2032 – Global Analysis By Product Type (London Dry Gin, Old Tom Gin, Plymouth Gin, Contemporary/New Western Gin, Flavored & Infused Gin, Genever, Non-Alcoholic Gin, Navy Strength Gin and Other Product Types), Production Method (Pot Distilled Gin, Column Distilled Gin and Compound Gin), Flavor, Price Point, Distribution Channel and By Geography

4.0 (24 reviews)
4.0 (24 reviews)
Published: 2025 ID: SMRC30818

Due to ongoing shifts in global trade and tariffs, the market outlook will be refreshed before delivery, including updated forecasts and quantified impact analysis. Recommendations and Conclusions will also be revised to offer strategic guidance for navigating the evolving international landscape.
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According to Stratistics MRC, the Global Gin Market is accounted for $17.6 billion in 2025 and is expected to reach $25.4 billion by 2032 growing at a CAGR of 5.4% during the forecast period. Gin is a clear, distilled alcoholic spirit known for its predominant flavor derived from juniper berries. As a neutral grain spirit, it is redistilled with a variety of botanicals, including but not limited to coriander seed, angelica root, citrus peel, and other spices, to create its distinctive profile. The legal definition and production methods of gin vary by region, but its core identity remains its juniper-forward taste. Originating in the Netherlands and gaining popularity in England, gin has evolved into a versatile and widely used spirit, serving as the base for a multitude of classic and modern cocktails. 

Market Dynamics:

Driver: 

Explosive growth of pre-mixed canned gin & tonics, cocktails, and seltzers

Consumers are increasingly drawn to the convenience, portability, and consistent flavor profiles offered by pre-mixed cocktails and seltzers. This trend is particularly strong among younger demographics and urban populations seeking premium experiences without the need for bartending skills. Innovations in packaging and flavor infusion are further enhancing product appeal, with brands experimenting with botanicals and exotic ingredients. The RTD segment is also benefiting from expanded retail distribution and e-commerce penetration, making these products more accessible than ever.

Restraint:

Supply chain volatility for botanicals

Fluctuations in climate conditions, geopolitical tensions, and transportation bottlenecks have disrupted the steady supply of these ingredients. Additionally, the need for consistent quality and traceability adds complexity to procurement processes. Producers face challenges in maintaining flavor consistency when botanical availability is compromised, which can affect brand reputation. Rising costs of specialty ingredients and delays in customs clearance are further straining production timelines and margins.

Opportunity:

Strengthening direct-to-consumer (DTC) sales channels

DTC platforms allow brands to showcase their unique stories, offer personalized product bundles, and gather valuable customer insights. Subscription models and limited-edition releases are gaining traction, fostering brand loyalty and repeat purchases. Enhanced logistics and fulfillment capabilities are enabling faster delivery and better customer service. Moreover, social media and influencer marketing are amplifying brand visibility, helping niche and craft gin producers reach targeted audiences without relying solely on traditional retail.

Threat:

Increased government regulations and taxes

Governments across various regions are implementing higher excise duties, labeling requirements, and advertising restrictions aimed at curbing alcohol consumption. These measures can significantly impact profitability, especially for small and mid-sized distillers. Regulatory unpredictability also hampers long-term planning and investment in innovation. In some markets, restrictions on online alcohol sales and cross-border shipping are limiting the growth potential of emerging DTC models.

Covid-19 Impact: 

The pandemic reshaped consumer behavior and supply chain dynamics within the gin market. While on-premise consumption declined due to lockdowns and social distancing, off-premise and online sales surged as consumers sought at-home indulgence. Craft distilleries pivoted toward digital engagement and virtual tastings, creating new experiential formats. However, disruptions in raw material sourcing and labor shortages affected production schedules, especially for artisanal brands. The crisis also accelerated interest in health-conscious formulations, prompting some producers to explore low-alcohol or botanical-forward variants.

The london dry gin segment is expected to be the largest during the forecast period

The london dry gin segment is expected to account for the largest market share during the forecast period due to its classic flavor profile, regulatory clarity, and widespread consumer recognition. Its production method, which prohibits artificial flavoring post-distillation, ensures a consistent and authentic taste that appeals to purists and mixologists alike. The segment benefits from strong brand heritage and established distribution networks across both mature and emerging markets.

The column distilled gin segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the column distilled gin segment is predicted to witness the highest growth rate driven by technological advancements and evolving consumer preferences. This method allows for greater control over purity and flavor extraction, enabling producers to craft nuanced and innovative expressions. The segment is attracting attention from craft distillers experimenting with exotic botanicals and sustainable production techniques. Its scalability and efficiency make it appealing for large-scale operations looking to meet rising demand.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market share fueled by rising disposable incomes, urbanization, and a growing appreciation for premium spirits. Countries like Japan, India, and Australia are witnessing a surge in craft distilleries and local botanical experimentation. Cultural shifts toward Western-style cocktails and the proliferation of upscale bars are driving consumption. Regional players are leveraging indigenous ingredients to create distinctive offerings that resonate with local palates.

Region with highest CAGR:

Over the forecast period, the North America region is anticipated to exhibit the highest CAGR propelled by the craft spirits movement and increasing consumer interest in artisanal products. The region is home to a vibrant ecosystem of small-batch distilleries that emphasize transparency, sustainability, and innovation. Demand for flavored and infused gins is rising, particularly among millennials and Gen Z consumers seeking novel drinking experiences. Regulatory support for craft alcohol and the expansion of tasting rooms and distillery tours are enhancing brand engagement.

Key players in the market

Some of the key players in Gin Market include William Grant & Sons Ltd., The Sustainable Spirit Company, The East India Company Ltd, Suntory Holdings Limited, St. George Spirits, San Miguel Corporation, Radico Khaitan Ltd, Pernod Ricard, Nao Spirits & Beverages Pvt. Ltd., Lucas Bols N.V., Hayman's of London, Four Pillars Distillery, Forest Spirits by La Hanoudière, Edinburgh Gin, Diageo plc, Davide Campari-Milano N.V., Bayab African Gin, and Bacardi Limited.

Key Developments:

In June 2025, Nao Spirits & Beverages Pvt. Ltd. announced it acquired a majority controlling stake in Nao Spirits (makers of Greater Than and Hapusa). The move makes Nao part of Diageo’s India premium strategy, integrating well-performing craft gin brands into a larger distribution footprint.

In June 2025, Edinburgh Gin announced the opening of a new state-of-the-art distillery and launched a Rooftop Garden Gin distillery-exclusive. Edinburgh Gin also ran a new campaign in April 2025 to support brand activity around the distillery and new releases.

In May 2025, Four Pillars unveiled novel limited editions in early 2025 and made its mainland China debut / signed travel-retail distribution partnerships. The brand’s 2025 activity emphasises creative limited releases and stepping up international distribution in APAC / travel retail.

Product Types Covered:
• London Dry Gin 
• Old Tom Gin 
• Plymouth Gin 
• Contemporary/New Western Gin 
• Flavored & Infused Gin 
• Genever 
• Non-Alcoholic Gin 
• Navy Strength Gin 
• Other Product Types 

Production Methods Covered:
• Pot Distilled Gin 
• Column Distilled Gin 
• Compound Gin 

Flavours Covered:
• Citrus 
• Floral 
• Spicy/Herbal 
• Fruity 
• Classic/Neutral 
• Other Flavours 

Price Points Covered:
• Standard 
• Premium 
• Super-Premium 
• Ultra-Premium 

Distribution Channels Covered:
• On-Trade
• Off-Trade 

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand
o South Korea
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings: 
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances 

Table of Contents

1 Executive Summary         
           
2 Preface          
 2.1 Abstract         
 2.2 Stake Holders        
 2.3 Research Scope        
 2.4 Research Methodology       
  2.4.1 Data Mining       
  2.4.2 Data Analysis       
  2.4.3 Data Validation       
  2.4.4 Research Approach       
 2.5 Research Sources        
  2.5.1 Primary Research Sources      
  2.5.2 Secondary Research Sources      
  2.5.3 Assumptions       
           
3 Market Trend Analysis        
 3.1 Introduction        
 3.2 Drivers         
 3.3 Restraints        
 3.4 Opportunities        
 3.5 Threats         
 3.6 Product Analysis        
 3.7 Emerging Markets        
 3.8 Impact of Covid-19        
           
4 Porters Five Force Analysis        
 4.1 Bargaining power of suppliers       
 4.2 Bargaining power of buyers       
 4.3 Threat of substitutes       
 4.4 Threat of new entrants       
 4.5 Competitive rivalry        
           
5 Global Gin Market, By Product Type       
 5.1 Introduction        
 5.2 London Dry Gin        
 5.3 Old Tom Gin        
 5.4 Plymouth Gin        
 5.5 Contemporary/New Western Gin      
 5.6 Flavored & Infused Gin       
 5.7 Genever         
 5.8 Non-Alcoholic Gin        
 5.9 Navy Strength Gin        
 5.10 Other Product Types       
           
6 Global Gin Market, By Production Method      
 6.1 Introduction        
 6.2 Pot Distilled Gin        
 6.3 Column Distilled Gin       
 6.4 Compound Gin        
           
7 Global Gin Market, By Flavor        
 7.1 Introduction        
 7.2 Citrus         
 7.3 Floral         
 7.4 Spicy/Herbal        
 7.5 Fruity         
 7.6 Classic/Neutral        
 7.7 Other Flavours        
           
8 Global Gin Market, By Price Point       
 8.1 Introduction        
 8.2 Standard         
 8.3 Premium         
 8.4 Super-Premium        
 8.5 Ultra-Premium        
           
9 Global Gin Market, By Distribution Channel      
 9.1 Introduction        
 9.2 On-Trade         
 9.3 Off-Trade        
  9.3.1 Specialty/Liquor Stores      
  9.3.2 Hypermarkets & Supermarkets     
  9.3.3 Online Retail/E-commerce      
           
10 Global Gin Market, By Geography       
 10.1 Introduction        
 10.2 North America        
  10.2.1 US        
  10.2.2 Canada        
  10.2.3 Mexico        
 10.3 Europe         
  10.3.1 Germany        
  10.3.2 UK        
  10.3.3 Italy        
  10.3.4 France        
  10.3.5 Spain        
  10.3.6 Rest of Europe       
 10.4 Asia Pacific        
  10.4.1 Japan        
  10.4.2 China        
  10.4.3 India        
  10.4.4 Australia        
  10.4.5 New Zealand       
  10.4.6 South Korea       
  10.4.7 Rest of Asia Pacific       
 10.5 South America        
  10.5.1 Argentina       
  10.5.2 Brazil        
  10.5.3 Chile        
  10.5.4 Rest of South America      
 10.6 Middle East & Africa       
  10.6.1 Saudi Arabia       
  10.6.2 UAE        
  10.6.3 Qatar        
  10.6.4 South Africa       
  10.6.5 Rest of Middle East & Africa      
           
11 Key Developments         
 11.1 Agreements, Partnerships, Collaborations and Joint Ventures    
 11.2 Acquisitions & Mergers       
 11.3 New Product Launch       
 11.4 Expansions        
 11.5 Other Key Strategies       
           
12 Company Profiling         
 12.1 William Grant & Sons Ltd.       
 12.2 The Sustainable Spirit Company      
 12.3 The East India Company Ltd       
 12.4 Suntory Holdings Limited       
 12.5 St. George Spirits        
 12.6 San Miguel Corporation       
 12.7 Radico Khaitan Ltd        
 12.8 Pernod Ricard        
 12.9 Nao Spirits & Beverages Pvt. Ltd.      
 12.10 Lucas Bols N.V.        
 12.11 Hayman's of London       
 12.12 Four Pillars Distillery       
 12.13 Forest Spirits by La Hanoudière      
 12.14 Edinburgh Gin        
 12.15 Diageo plc        
 12.16 Davide Campari-Milano N.V.       
 12.17 Bayab African Gin        
 12.18 Bacardi Limited        
           
List of Tables          
1 Global Gin Market Outlook, By Region (2024-2032) ($MN)     
2 Global Gin Market Outlook, By Product Type (2024-2032) ($MN)    
3 Global Gin Market Outlook, By London Dry Gin (2024-2032) ($MN)    
4 Global Gin Market Outlook, By Old Tom Gin (2024-2032) ($MN)    
5 Global Gin Market Outlook, By Plymouth Gin (2024-2032) ($MN)    
6 Global Gin Market Outlook, By Contemporary/New Western Gin (2024-2032) ($MN)  
7 Global Gin Market Outlook, By Flavored & Infused Gin (2024-2032) ($MN)   
8 Global Gin Market Outlook, By Genever (2024-2032) ($MN)     
9 Global Gin Market Outlook, By Non-Alcoholic Gin (2024-2032) ($MN)    
10 Global Gin Market Outlook, By Navy Strength Gin (2024-2032) ($MN)    
11 Global Gin Market Outlook, By Other Product Types (2024-2032) ($MN)    
12 Global Gin Market Outlook, By Production Method (2024-2032) ($MN)    
13 Global Gin Market Outlook, By Pot Distilled Gin (2024-2032) ($MN)    
14 Global Gin Market Outlook, By Column Distilled Gin (2024-2032) ($MN)    
15 Global Gin Market Outlook, By Compound Gin (2024-2032) ($MN)    
16 Global Gin Market Outlook, By Flavor (2024-2032) ($MN)     
17 Global Gin Market Outlook, By Citrus (2024-2032) ($MN)     
18 Global Gin Market Outlook, By Floral (2024-2032) ($MN)     
19 Global Gin Market Outlook, By Spicy/Herbal (2024-2032) ($MN)    
20 Global Gin Market Outlook, By Fruity (2024-2032) ($MN)     
21 Global Gin Market Outlook, By Classic/Neutral (2024-2032) ($MN)    
22 Global Gin Market Outlook, By Other Flavours (2024-2032) ($MN)    
23 Global Gin Market Outlook, By Price Point (2024-2032) ($MN)     
24 Global Gin Market Outlook, By Standard (2024-2032) ($MN)     
25 Global Gin Market Outlook, By Premium (2024-2032) ($MN)     
26 Global Gin Market Outlook, By Super-Premium (2024-2032) ($MN)    
27 Global Gin Market Outlook, By Ultra-Premium (2024-2032) ($MN)    
28 Global Gin Market Outlook, By Distribution Channel (2024-2032) ($MN)    
29 Global Gin Market Outlook, By On-Trade (2024-2032) ($MN)     
30 Global Gin Market Outlook, By Off-Trade (2024-2032) ($MN)     
31 Global Gin Market Outlook, By Specialty/Liquor Stores (2024-2032) ($MN)   
32 Global Gin Market Outlook, By Hypermarkets & Supermarkets (2024-2032) ($MN)   
33 Global Gin Market Outlook, By Online Retail/E-commerce (2024-2032) ($MN)   
           
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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