India Alcoholic Beverage Market, Analysis, Trends, Growth and Forecast (2025-2033)

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The India Alcoholic Beverage Market was valued at USD 176.4 billion in 2024 and is expected to grow at a strong CAGR of around 6.4% during the forecast period (2025-2033), owing to the rising urbanization and changing lifestyles.

List of Top India Alcoholic Beverage Companies Worldwide:

The India Alcoholic Beverage market has several major players, including Mohan Meakins, Radico Khaitan, Heineken NV, Tilaknagar Inds., and Som Distilleries. More information about these companies has been provided below:

1.     Mohan Meakins

Mohan Meakins operates as India's longest-existing alcoholic beverage firm by producing Old Monk rum as its most popular brand. The company maintains a strong traditional position in India by offering various alcoholic products ranging from beer to spirits through its extensive product lineup. Their history, along with their widespread distribution capabilities, positions the company as a prominent force that operates throughout India's urban and rural areas, especially within rum and beer markets.

2.     Radico Khaitan

Radico Khaitan operates as a leading Indian spirits manufacturer, which produces bestselling alcohol products including 8 PM whisky and Magic Moments vodka, and Contessa rum. The company leads India's markets through strong manufacturing facilities and its broad network of distribution platforms. Through branding efforts coupled with product innovation, Radico Khaitan extends its market reach to consumers at every economic level, from premium to lower-priced segments.

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3.     Heineken NV

The global brewing company Heineken NV maintains controlling ownership of the prominent Indian beer manufacturer United Breweries. Through its partnership Heineken achieved expansion in the India beer market using Kingfisher brand among others. The company keeps contributing to brand promotion and distribution expansion as India's beer market shows increasing demand.

4.     Tilaknagar Inds.

Tilaknagar Industries dedicates its efforts to the Indian-made foreign liquor (IMFL) segment, where brandy represents its primary business. Mansion House stands as their main brand, which shows robust performance throughout the southern states of India. Tilaknagar Industries maintains its mid-range and premium alcohol business expansion through diverse product growth combined with modern operations systems.

5.     Som Distilleries

Som Distilleries distributes its beer and spirits products throughout India primarily in the northern and central parts of the country. The company makes its offerings through the production and marketing of Hunter beer and Pentagon whisky. The company dedicates its efforts to increasing production capacities and introducing new products with the aim of obtaining more market share in Tier 2 and Tier 3 urban areas.

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