| Product Code: ETC7556349 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s vermouth import market saw a notable shift in 2024, with top exporting countries being Italy, UK, Metropolitan France, Greece, and Mexico. Despite a decrease in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period of 2020-2024 remained positive at 3.03%. The Herfindahl-Hirschman Index (HHI) indicated a high concentration in 2023, which further intensified in 2024. This trend suggests a competitive landscape with dominant players shaping the vermouth import market in India.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Vermouth Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Vermouth Market Revenues & Volume, 2021 & 2031F |
3.3 India Vermouth Market - Industry Life Cycle |
3.4 India Vermouth Market - Porter's Five Forces |
3.5 India Vermouth Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Vermouth Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Vermouth Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income and changing consumer preferences towards premium and craft beverages |
4.2.2 Growing popularity of cocktails and mixology culture in India |
4.2.3 Expansion of the hospitality sector and rise in the number of bars and lounges offering vermouth-based drinks |
4.3 Market Restraints |
4.3.1 Stringent regulations and restrictions on alcohol advertising and sales in certain states in India |
4.3.2 Limited awareness and penetration of vermouth compared to other alcoholic beverages in the market |
5 India Vermouth Market Trends |
6 India Vermouth Market, By Types |
6.1 India Vermouth Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Vermouth Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 India Vermouth Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021- 2031F |
6.1.4 India Vermouth Market Revenues & Volume, By Specialist Retailers, 2021- 2031F |
6.1.5 India Vermouth Market Revenues & Volume, By Convenience Stores, 2021- 2031F |
6.1.6 India Vermouth Market Revenues & Volume, By Online, 2021- 2031F |
6.2 India Vermouth Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Vermouth Market Revenues & Volume, By Sweet Vermouth, 2021- 2031F |
6.2.3 India Vermouth Market Revenues & Volume, By Dry Vermouth, 2021- 2031F |
6.2.4 India Vermouth Market Revenues & Volume, By Bianco Vermouth, 2021- 2031F |
7 India Vermouth Market Import-Export Trade Statistics |
7.1 India Vermouth Market Export to Major Countries |
7.2 India Vermouth Market Imports from Major Countries |
8 India Vermouth Market Key Performance Indicators |
8.1 Number of new vermouth product launches in the Indian market |
8.2 Growth in the number of cocktail bars and lounges serving vermouth-based drinks |
8.3 Increase in the online search volume for vermouth-related keywords in India |
9 India Vermouth Market - Opportunity Assessment |
9.1 India Vermouth Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Vermouth Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Vermouth Market - Competitive Landscape |
10.1 India Vermouth Market Revenue Share, By Companies, 2024 |
10.2 India Vermouth Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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