Global Gin Market Research Report: Forecast (2025-2030)

Market Definition

Gin is a distilled alcoholic drink that originated as a medicinal liquor made by monks & alchemists across Europe, deriving its predominant flavor from juniper berries. This distilled alcoholic drink has extensive applications in the food & beverage industry that cater to the rapidly growing demand for spirits worldwide.

Market Insights & Analysis: Global Gin Market (2025-30)

The Global Gin Market size was valued at around USD 17.74 billion in 2023 and is projected to reach USD 24.21 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 5.2% during the forecast period, i.e., 2025-30. The growth of the market is driven primarily by the growing number of alcohol consumers and the escalating establishment of bars, cafes, restaurants, hotels, etc. In addition, improving economic conditions and increasing purchasing power of people & their changing living standards are leading to their mounting preference toward premium gin. Besides, changing patterns of drinks and growing experiments with gin for crafting cocktails are also contributing to the market growth.

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The prevalence of superior liquor beverages is instigating the leading players to introduce new varieties of gin and expand the consumer base globally. Rapid digital transformations, leading to a growing number of e-commerce platforms for the online sales of gin, with a massive variety, different price categories, & multiple brands, are also playing a crucial role in boosting the market growth.  

Moreover, various ongoing research & development activities entwined with the increasing number of breweries & refineries across different countries worldwide project remunerative growth prospects for the global market through 2030. The swift expansion of the food & beverage industry demonstrating numerous experiments with gin in different cuisines like salmon, cakes, & pancakes, and cocktails shall further positively influence the Global Gin Market over the coming years.

Global Gin Market Driver & Opportunity:

Swift Development of Online Retail for Gin - With the burgeoning consumer inclination toward online shopping, several gin manufacturers & suppliers are adopting such e-commerce platforms in line with their paradigm shift to digital transformation. It is enabling them to expand their scalability across more & more regions worldwide, which, in turn, would drive the Global Gin Market during 2025-30. Besides, the emerging trend of doing experiments with gin and mixing different flavors at home is attracting many consumers to online channels to explore the wide variety of gin from multiple brands, which, in turn, is projecting lucrative growth prospects for the global market through 2030.

Global Gin Market Challenge:

Critical Side-Effects & Expensive Pricing of Gin - The rising concerns over the highly-expensive premium gin are hampering their sales, especially among the cost-sensitive populations, i.e., a prominent factor that might restrain the growth of the Global Gin Market during 2025-30. Besides, the easy availability of affordable alternatives to these high-quality gins might further hinder the market growth. Moreover, growing health consciousness among people and side effects of gin due to high consumption, resulting in increasing instances of cirrhosis, malignancy, savagery, & mishaps, are also limiting their sales worldwide and projecting a declining growth of the global market in the coming years.

Global Gin Market (2025-30): Segmentation Analysis

The Global Gin Market study of MarkNtel Advisors evaluates & highlights the major trends and influencing factors in each segment. It includes predictions for the period 2025–2030 at the global level. According to the analysis, the market has been further classified as:

Based on the Price Category:

• Standard
• Premium
• Luxury

Amongst all price categories, Premium gins dominated the Global Gin Market with the largest share in the previous few years & are expecting the fastest market growth during 2025-30. It attributes principally to changing lifestyles of people, coupled with their improving purchasing power, i.e., displaying their mounting inclination toward consuming premium gins. Besides, due to the versatility, taste, & flavor, consumers are increasingly purchasing premium gins for crafting spirits and mixing flavors in cocktails, etc. Hence, these aspects indicate a pool of growth opportunities for the premium gins global market through 2030.

Based on the Type:

• London Dry Gin
• Old Tom Gin
• Plymouth Gin
• New American Gin

Here, London Dry Gin is expected to continue its dominance in the gin global market over the forecast years, owing prominently to its wide availability & massive sales worldwide due to its superior taste that brings refreshment for consumers. Besides, it is clear & unsweetened and offers enhanced flavors when mixed with subtle aromatic botanicals like coriander, angelica, and cassia, among others, i.e., another crucial aspect stimulating its demand and contributing to the overall market growth.

On the other hand, Plymouth Gin is anticipated to demonstrate the fastest growth in gin garket over the coming years. It is less dry than London, with a soft juniper effect, a classic old-school flavor, and well-balanced botanicals, which offers a unique experience to consumers. Besides, the extensive use of Plymouth Gin in crafting cocktails across various on-trade channels like bars, restaurants, nightclubs, hotels, etc., is also leading to its burgeoning sales worldwide and projecting significant expansion of the global market through 2030.

Global Gin Market Regional Projection

Geographically, the Global Gin Market expands across:

• North America
• South America
• Europe
• Middle East & Africa
• Asia-Pacific

Amongst all regions globally, Asia-Pacific is anticipated to exhibit the fastest market growth in the Global Gin Market during 2025-30. It owes principally to the rapidly surging number of alcohol consumers, improving economic conditions of people, & their growing preference for high-quality alcohol. the Philippines is the largest market for Gin, both regionally & worldwide, mainly due to the extensive popularity & distribution of Ginebra San Miguel, a Dutch-style gin made from sugarcane alcohol and the best-selling gin brand globally. Various innovative marketing strategies adopted by its manufacturer, San Miguel, is the key aspect driving the gin market in the Philippines.

As a result, the rising inclination toward various ethnic premium, super-premium, & flavored spirits that exhibit artisanal varieties to offer to craft cocktails is playing a crucial role in augmenting the regional market growth. On the other hand, Europe is projected to dominate the market with the largest share through 2030, principally due to the widespread presence of prominent gin manufacturers across the region, especially in countries like the UK & Italy. Besides, the growing number of refineries & breweries & the introduction of several varieties for crafting cocktails & meeting the burgeoning consumer requirements from on-trade sectors like hotels, bars, pubs, and cafes. etc., are other factors projected to fuel the growth of the gin market across Europe over the forecast years.

Global Gin Industry Recent Developments 

• 2018, leading player Radico Khaitan Ltd. released 'Jaisalmer Indian Craft Gin' in the UK to celebrate the advent of gin & tonic in British Colonial India. The drink comprises several Indian botanical ingredients like coriander, orange peel, cubeb pepper berries, Darjeeling green tea leaves, lemongrass, and lemon peel, among many others.

Gain a Competitive Edge with Our Global Gin Market Report

1. Global Gin Market Report by Markntel Advisors provides a detailed & thorough analysis of market size, growth rate, competitive landscape, and key players. This comprehensive analysis helps business organizations to gain a holistic understanding of market dynamics & make informed decisions.
2. This report also highlights current market trends & future projections, allowing business organizations to identify emerging opportunities & potential challenges. By understanding market forecasts, companies can align their strategies & stay ahead of the competition.
3. Global Gin Market Report aids in assessing & mitigating risks associated with entering or operating in the market. By understanding market dynamics, regulatory frameworks, and potential challenges, business organizations can develop strategies to minimize risks & optimize their operations.