Top Craft Spirits Companies

Global Craft Spirits Market is highly fragmented and competitive, with a large number of small and medium-sized players operating in the market. Some of the key players in the market compete on the basis of product quality, innovation, brand image, distribution network, and pricing. To gain a competitive edge in the market, companies are focusing on product differentiation and marketing initiatives. Many players are also expanding their distribution network to reach new markets and consumers. In addition, mergers and acquisitions are common in the craft spirits market, as larger players look to acquire smaller companies with unique and innovative products.

Top Player’s Company Profiles

• William Grant & Sons Ltd.
• Diageo plc
• Pernod Ricard SA
• Bacardi Limited
• Rémy Cointreau SA
• Brown-Forman Corporation
• Heaven Hill Brands
• Beam Suntory Inc.
• The Edrington Group Limited
• The Boston Beer Company, Inc.
• Anchor Brewing Company
• The Brooklyn Brewery
• Firestone Walker Brewing Company
• Founders Brewing Co.
• Great Lakes Brewing Company
• Highland Brewing Company
• The Lagunitas Brewing Company
• New Glarus Brewing Company
• Sierra Nevada Brewing Co.
• Stone Brewing Co.

Recent Developments

• In March 2024, Himmaleh Spirits, renowned for its innovative spirits, introduces Bandarful, an artisanal cold-brew coffee liqueur that sets a new standard in the Indian alco-bev landscape. Building on the success of its groundbreaking product, Kumaon and I, India’s first Provincial Dry Gin, the distillery is leading the way in challenging norms within the Indian alcoholic beverage industry. 
• In February 2024, the Maryland craft beverage industry announced an exciting partnership with TBC, a top-tier branding, advertising, and public relations agency located in Baltimore. This innovative collaboration, led by the Brewers Association of Maryland in conjunction with the Maryland Wineries Association, the Maryland Distillers Guild, and a specialized committee of craft beverage alcohol producers, aims to revolutionize the local beer, wine, spirits, mead, and cider scene in Maryland and the broader mid-Atlantic region.  
• In January 2024, ReserveBar, the premier e-commerce platform for premium and luxury beverage alcohol, has formed a strategic technology partnership with delivery.com, a trailblazer in the restaurant delivery industry. Leveraging its advanced technology infrastructure and extensive nationwide distribution network, ReserveBar aims to broaden delivery.com's beverage alcohol product selection and retailer options. This collaboration will empower delivery.com customers to access a wide range of products, from everyday favorites to exclusive releases, craft spirits, luxury bottles, curated gift sets, and personalized engraved bottles.