India Beer Market to be Driven by the Increasing Popularity of Beer Among the Urban Population in the Forecast Period of 2023-2028

The new report by Expert Market Research titled, ‘India Beer Market Share, Size, Growth, Trend, Analysis, Report and Forecast 2023-2028’, gives an in-depth analysis of the India beer market, assessing the market based on its segments like types, qualities, packaging types, productions, and major states.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Get a Free Sample Report with a Table of Contents@

India Beer Market Share, Size, Industry Report, Key Player, Major Segments, and Forecast

The key highlights of the report include:

Market Overview (2018-2028)

• Forecast CAGR (2023-2028): 9.2%

The beer market in India is being driven by the increasing popularity of this beverage among millennials and college students. In addition to this, the increasing acceptance of beer as a social drink among the urban population of the country is further propelling the sales of beer.

Over the forecast period, the anticipated increase in the popularity of beer among the corporate female workforce in the country is likely to accelerate the demand for beer in the country. Moreover, the increasing inclination towards beer as an alternative to whiskey and vodka, among others, is likely to provide impetus to the market in the coming years.

India Beer Industry Definition and Major Segments

Beer is defined as an alcoholic beverage prepared by brewing and fermenting malted barley. The alcoholic content in a beer can vary depending on its quality and strength of it. Beer is considered one of the oldest and most widely consumed drinks in the world. Moreover, beer can be flavored.

Read Full Report with Table of Contents@

On the basis of type, the market can be segmented into:

• Strong
• Mild
• Craft

By quality, the market has been divided into:

• Standard
• Premium
• Super Premium

Based on packaging type, the market can be segmented into:

• Bottles
• Cans
• Others

The market can be categorised based on production into:

• Marco-Brewery
• Micro-Brewery
• Craft-Brewery

The regional markets for beer in India include:

• West Bengal
• Uttar Pradesh
• Karnataka
• Kerala
• Maharashtra
• Tamil Nadu
• Delhi
• Others

India Beer Market Trends

The key trends in the beer market in India include rapid urbanisation, rising disposable income, and increasing popularity of beer among the elite business class population. The increasing inclination towards craft beers with enhanced flavours and superior taste is likely to be another crucial trend in the market.

Moreover, the emergence of online liquor delivery service in the country is likely to accelerate the sales of beer in the coming years. The robust development of bars and pubs, along with the increasing footfall of semi-urban population in these outlets, are likely to provide impetus to the market growth.

Key Market Players

The major players in the India Beer market report include:

  • United Breweries Holdings Limited
  • Carlsberg India Pvt. Ltd
  • B9 Beverages Pvt. Ltd
  • Crown Beers India Limited (AB InBev)
  • Devans Modern Breweries Ltd.
  • Radico Khaitan Ltd.
  • Others

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

Read More Reports:

India Extra Neutral Alcohol (ENA) Market:

India Gift Cards Market:

North America Phenolic Resin Market:

Saudi Arabia Construction Sand Market:

Zirconium oxide market:

About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skillful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

Media Contact:

Company Name: Claight Corporation
Contact Person: Alex Parker, Business Consultant
Email: [email protected]
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA

Related Articles

Leave a Reply

Back to top button