Alcoholic beverage market size in India 2021-2027

In 2023, the size of the alcoholic beverage market was about 55 billion U.S. dollars in India. The market size of the alcohol industry is likely to increase at a CAGR of seven percent to 73 billion dollars in 2027.

Alcohol consumption

Both men and women consumed more alcohol in India's northeast and east region. Male alcohol consumption was also prevalent in both the southern and northern parts of the nation. Arunachal Pradesh, Telangana, Sikkim, Manipur, Goa, and Jharkhand were states with excessive drinking among males. In comparison to the rest of the nation, Telangana and other northeastern states reported high rates of female alcohol consumption.

Alcohol import and export

The leading exporter of alcoholic beverages to India was the United Kingdom with a value of 374 billion U.S. dollars. This was followed by the United States, Singapore, and the United Arab Emirates. Moreover, over 231 thousand metric tons of alcoholic beverages were exported from India. The United Arab Emirates was the leading export destination, followed by Singapore and the Democratic Republic of Congo.