- In May 2024, Portofino Dry Gin has unveiled 'La Penisola,' a limited edition gin that pays homage to the stunning landscape of Portofino's peninsula. This new release showcases a bright and aromatic profile, perfectly reflecting the lush surroundings and vibrant coastal ambiance. Housed in an elegantly designed bottle featuring Castello Brown, La Penisola symbolizes sophistication and the natural beauty of Portofino. It has already won accolades in the 'Negroni' and 'Design & Branding' categories at The Gin Guide Awards
- In April 2024, Ludlow Distillery in Shropshire has expanded its portfolio by launching four new fruit gins. The enticing flavors include Strawberry & Raspberry, Rhubarb & Apple, Elderflower & Quince, and Blood Orange & Pomelo. Each gin is crafted to provide a delightful tasting experience, appealing to both traditional gin lovers and those seeking innovative, fruity alternatives. This launch marks a significant addition to their diverse range
- In April 2022, Bombay Sapphire, owned by Bacardi, introduced Citron Presse gin, a refreshing lemon-flavored gin made with Mediterranean lemons. This innovative spirit is set to launch in key markets, including Australia, Germany, Ireland, Andorra, Belgium, France, Switzerland, Denmark, Austria, Spain, and Portugal. This strategic rollout aims to capture the growing demand for unique gin flavors and expand the brand's global presence in the competitive gin market
- In March 2022, Diageo India made a strategic investment in Nao Spirits, the creator of premium Indian gins such as "Greater Than" and "Hapusa." This move underscores Diageo India's commitment to tapping into India's flourishing premium gin sector, which is rapidly gaining popularity among consumers. The investment aims to bolster Nao Spirits’ growth and enhance Diageo's footprint in this dynamic market, reflecting changing drinking preferences in India
- In March 2022, William Grant & Sons launched Hendrick's Neptunia Gin, crafted by master distiller Lesley Gracie. This unique spirit incorporates distinctly Scottish coastal botanicals, presenting an innovative take on the beloved Hendrick's flavor profile. Neptunia Gin promises to delight fans of Hendrick's with its maritime essence, further enriching the brand's offerings. This launch exemplifies the brand's dedication to quality and creativity in the premium gin market
- In April 2021, Pernod Ricard S.A. introduced an exciting range of ready-to-drink (RTD) beverages in the UK, featuring Beefeater gin as the base. The newly launched RTDs include Beefeater London Dry Gin & Tonic, Beefeater Blood Orange & Tonic, and Beefeater Pink Strawberry Gin & Tonic. This introduction aims to meet the growing consumer demand for convenient, high-quality alcoholic beverages, making it easier for consumers to enjoy gin cocktails on the go
Frequently Asked Questions
The market is segmented based on Segmentation, By Product Type (London Dry Gin, Plymouth Gin, Genever/Dutch Gin, Old Tim Gin, and New American Gin), Production Method (Pot Distilled Gin, Column Distilled Gin, and Compound Gin), Alcohol by Volume (36-40%, 40-45%, and 45-50%), Distribution Channel (Hypermarkets and Supermarkets, Specialty Stores, Drug Stores, Online Channel, HoReCa, and Others) – Industry Trends and Forecast to 2031
.
The Global Gin Market size was valued at USD 23.86 USD Billion in 2023.
The Global Gin Market is projected to grow at a CAGR of 7.47% during the forecast period of 2024 to 2031.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
