India Beer Market Report (2018-2023) is Forecast to Grow at a CAGR Higher than 6% - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jul 9, 2018--The “India Beer Market Outlook, 2023” report has been added to ResearchAndMarkets.com’s offering.
The price of whisky, wine and other alcoholic beverages has been increasing for a long time, and are expected to further increase owing to rising inflation and changing in government rules and policies. Beer seems to be the best drink which comes easy in the pockets of Indian consumers.
According to the report, despite the last two years being the worst for the Indian beer industry, the market is expected recover in next couple of years and then move back to the growth track soon. The Indian beer market is forecasted to grow with a CAGR of more than 6% till 2022-2023.
Within major segments of beer i.e. strong beer and mid beer, Indian is primarily a strong beer consuming nation but recently the mild beer market is achieving high growth with increasing brands in mild segment as a result of entrance of the strong beer producing firms in mild segment with mild brands. The huge market potential of Indian beer market has also attracted many foreign brands. The new trend of craft beer has led to the huge success of B9 Beverages’ Bira 91 and is expected to encourage many global players to come India with their craft beers.
Report CoverageStrong beer Market Mild beer Market Standard beer Market Premium beer Market
Companies FeaturedUnited Breweries Limited Carlsberg India Private Limited Crown Beer India Private Limited SABMiller India Limited Mohan Meakin Limited Molson Coor Cobra India Private Limited B9 Beverages Private Limited Devans Modern Breweries Limited SOM Distilleries And Breweries Limited United Spirit Limited (Diageo Group)
Key Topics Covered
1. Executive Summary
2. India Alcoholic Beverages Market Overview
3. Indian Beer Market Overview
4. Product Price Variant Analysis
5. PEST Analysis
6. Trade Dynamics
7. Market Dynamics
8. Market Trends & Development
9. Indian Economic Profile
10. Competitive Landscape
11. Strategic Recommendations
For more information about this report visit https://www.researchandmarkets.com/research/xb4wh2/india_beer_market?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180709005729/en/
Laura Wood, Senior Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
KEYWORD: ASIA PACIFIC INDIA
INDUSTRY KEYWORD: RETAIL WINE & SPIRITS
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 07/09/2018 01:24 PM/DISC: 07/09/2018 01:24 PM