In this article, we are going to discuss the 5 most popular gin brands in 2023. If you want to check out our detailed analysis of the largest producer of gin, the world’s best-selling gin brand, the ‘gin-naissance’, new entrants in the gin industry, and the global gin market size, head to 20 Most Popular Gin Brands in 2023.
5. Bombay Sapphire
Insider Monkey Score: 9
With 5.7 million case sales in 2022, Bombay Sapphire was the 2nd best-selling gin in the world, and for good reason. The brand revolutionized the gin category in the 1980’s, thanks to its nifty vapor-infusion process and use of a staggering 10 botanicals, including juniper, citrus, coriander, and pepper.
Bombay Sapphire’s growth was boosted by the release of Citron Pressé, a lemon-flavored gin inspired by the Tom Collins cocktail. According to Bacardi, the new product was a response to the growing demand for citrus flavors.
4. Sipsmith
Insider Monkey Score: 9
Sipsmith is another modern creation that’s been around for only 14 years. Sipsmith was the first gin brand to open a new distillery in London since 1820, and has since then turned its attention to the U.S. market and invested in bringing education, engagement, and cocktail inspiration to U.S. consumers.
The brand experienced double-digit growth nationally in the U.S. and triple-digit growth in key cities like Miami and San Francisco. All this, despite significant supply chain constraints.
Sipsmith was named the highest rated gin of 2023 by Liquor.com.
3. Hendrick’s
Insider Monkey Score: 9
A seminal Scottish brand in a pool of new-school gins, Hendrick’s offers core expressions of rose and cucumber. The ‘most unusual gin’ is crafted in tiny 500 liter batches, giving the master distiller more control over their artistry. Hendrick’s was also among the top-selling gin brands in 2022, with 1.6 million cases sold in the year, an increase of 17.9% from 2021.
The brand’s parent company, William Grant & Sons, reported a turnover of $1.82 billion and profits of $319 million in 2021, an increase of 12% and 3% respectively from the previous year.
2. The Botanist Islay Dry Gin
Insider Monkey Score: 10
One of the best gin brands in the world, The Botanist is the first and only Islay Dry Gin from Scotland. The versatile gin is crafted using a unique combination of 22 botanicals that are hand-forged locally and sustainably on the Scottish island of Islay.
The iconic gin is produced by the Bruichladdich Distillery, which was acquired by the French alcohol giant Remy Cointreau in 2012 for around $75 million. The Botanist is among the top 5 popular brands of gin in 2023.
1. Beefeater
Insider Monkey Score: 11
When only a tried-and-true dry gin will do, turn to Beefeater London Dry Gin. The gin’s recipe dates back to 1863 and has withstood the tests of time, becoming the most award-winning gin over the last decade. Owned by the French company Pernod Ricard, Beefeater is the best gin of the year 2023 in our list.
Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below. You can also take a peek at 25 Most Imported Beer Brands in the World and Top 20 Alcohol Drinking Countries in the World.
