15 Best Gins Under $50

In This Article:

In this article, we are going to discuss the 15 best gins under $50. You can skip our detailed analysis of the global gin market, sustainability in the gin industry, and a recent entrant in the gin business, and go directly to 5 Best Gins Under $50

Gin is a fabulous drink that reaches parts other white spirits just cannot reach. It is commonly believed that the juniper infused liquor originated from England or Ireland, but that’s far from the truth. In fact, if you don't count the Italian monks who are thought to have used juniper berries as flavorings in distilled spirits back in the 11th century, it's Holland that is credited as the birthplace of gin. In the 16th century, a Dutch physician named Franciscus Sylvius de la Boe made a schnaps distilled with juniper berries, the so-called ‘Genever’, which was consumed for medical purposes. It didn’t take long for this lovely liquor to hop across the English Channel in a big way, where the original ‘Genever’ eventually developed into today's ‘Gin’.

Global Gin Market: 

Gin is one of the Most Consumed Alcohols in the World, with the global gin market valued at $15.3 billion in 2022 and expected to reach $20.2 billion by 2028, with a CAGR of 4.6% during the forecast period. The growing demand for premium cocktails, rising consumption of pre-mixed ready-to-drink (RTD) and fresh cocktail recipes, and an ever growing appetite for luxury spirits represent some of the key factors driving the market. 

As we mentioned in our article – 20 Most Popular Gin Brands in 2023 – gin’s total volume increased by 7.7% to 105.2 million nine-liter cases in 2022, and global sales of premium gin bottles are growing at around 20% annually – 2.5 times the rate of overall spirit sales.

Unsurprisingly, the United Kingdom is the largest exporter of gin in the world. According to His Majesty’s Revenue and Customs (HMRC) data, gin exports from the U.K. hit $879 million in 2022, up from $651 million the previous year. Last year’s exports also surpassed the pre-pandemic exports of 2019 by 9%. The United States remains the U.K.’s largest export market for gin, with 2022 exports totaling more than $279 million, an increase of 6% from 2019. 

Sustainability in the Gin Industry: 

The modern consumer has become increasingly aware of the climate emergency we unfortunately find ourselves in, and actively seeks out sustainable brands, even if it means paying extra. So, as gin makers find themselves in an increasingly competitive market, committing psychologically and economically to reducing their impact on the planet may also be the only means to make their businesses sustainable in the long run.