Forecast: Distilled Alcoholic Beverages Non-food Uses in India

In 2023, distilled alcoholic beverages non-food uses in India were recorded at 883.0 Thousand Metric Tons. Projected figures for 2024 show a slight increase to 888.0, continuing a modest growth trend reaching 911.0 by 2028. Year-on-year growth from 2024 to 2028 hovers around 0.7%, indicating gradual expansion in this market segment. Over the five-year outlook, the compound annual growth rate (CAGR) is projected to be approximately 0.6%.

Future trends to watch include the increasing use of distilled alcoholic beverages in industrial applications and non-food sectors, driven by technological advancements and the search for sustainable alternatives. Regulatory changes and shifts in consumer preferences towards non-alcoholic applications also present significant opportunities and potential disruptions.