India Beer Market Outlook 2024: Opportunity & Growth Analysis, 2016-2024

India Beer Market Outlook

Report Code :HC 1335

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India Beer Market Outlook India Beer Market Share(%), By Region2016-2024

India Beer Market Size USD (Billion). 20162024

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XX XX

XX% CAGR: (2016-2024)

XX XX

XX

28.0 0% 2016 39.0 0% 33.0 0%

XX

XX XX XX

m a S

e l p

Tier 1 Cities

2016e 2017e 2018f

Source: Goldstein Research

2019f

2020f

2021f

2022f

2023f

2024f

33.00 %

Tier 2 Cities

Tier 3 Cities

Source: Goldstein Research

Non-Craft Beer accounted for the highest market share XX% in India Beer Market

In 2016,

28.00 39.00 % 2024 %

With

XX% share in 2016, Tier 1 Cities dominated the India Beer market

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Browse Similar Report: Craft Beer Market

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India Beer Market Size (USD Billion) & Growth Analysis India Beer Market Size (USD Billion)-2016-2024

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XX

XX XX

XX

XX 2016e

2017e

Source: Goldstein Research

XX

m a S

XX

2018f

2019f

2020f

e l p

XX

2021f

XX

2022f

XX

2023f

XX

2024f

India Beer Market

is anticipated to expand at a compound annual growth rate of XX% during the forecast period i.e. 2016-2024. The market is anticipated to reach USD XX Billion by the end of 2024. On the back of changing cultural attitudes and more young affluent population the latest trend is gaining momentum in the market is the last three years there is emergence of packaged specialty beers in the shape of kegs, bottles and cans. Going forward this trend is expected to continue to sprout new packaged Craft beer brands across the country. Commercial brands such as UB/Heineken and ABInBev are also bringing new imported beers into the country. So are independent importers who are bringing in a range of imported beers into India. Beer is certainly a buzz in the country at the moment but India has a long way to go to catch up with rest of the world. Excise laws vary by states and licenses involve a lot of red tape and there’s always a danger that more states could turn dry. In terms of production, there is a lot of work that remains to be done together with batch consistency and quality. indian alcoholic beverage industry is one of the growth factor of india beer market.

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India Beer Market Outlook Sample Request  The India Beer market registered an impressive growth in 2016 with XX% of the India’s population consuming alcohol regularly..  On an Average Indians consumes XX liter of beer per year, whereas, in the rural regions, average beer consumption is only XX liters per year. Some XX percent are moderate to heavy drinkers.

e l p

 As per OECD (Organization for Economic Cooperation and Development) report in 2015, alcoholism in India has increased by XX% between 1991-2012. But still India is one of the lowest consumer of beer in Asia due to government regulations and hike in duties that remain a risk to India's developing beer market.

 On the back of changing cultural attitudes and a young, increasingly affluent population, the beer market is expected to harness attractive returns. Other impacting factors are the rising disposable incomes, aspirational lifestyles, cheaper locally produced products and emerging craft beer culture, among others.

m a S

 Although alcohol is freely available in most part of India, some states and Union Territories in the country have various forms of alcohol bans in force. Alcohol prohibition is currently in force in Gujarat, Kerala, Lakshadweep, Manipur, and Nagaland. Andhra Pradesh, Haryana, Mizoram, and Tamil Nadu had previously imposed alcohol bans but were forced to withdraw the prohibition.  India’s biggest beer brand Kingfisher is ceding market share to premium foreign brands as urban Indians develop a liking for high-end brands over high alcohol content in their beers.

 The beer market report covers the present ground scenario and the future growth prospects of the India beer market for 2016-2024 along with the total revenue of beverage industry in every region.

Personal Disposable Income

Competition

Millennial

Bars and Restaurants

Packaging

India Beer Market Size (USD Billion) Tier 1 Cities

Tier 2 Cities

Tier 3 Cities

2016

USD XX Billion

2024

USD XX Billion

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Region and Market Outlook-2016 India Beer Market , By Consumption (Liters) in Major Cities, 2016 Sample Request

XX

XX XX XX

XX

XX Pune

Source: Goldstein Research

m a S Bangalore

New Delhi

India Beer Market , By Distribution Channel Sales (USD Billion), 2016 XX XX XX

XX

Retail

XX

Restaurants XX XX

XX XX

Mumbai

XX

e l p Pubs, Bars and Clubs

XX

XX Tier 1 Cities

Tier 2 Cities

XX XX Tier 3 Cities

Source: Goldstein Research

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India Beer Market Outlook : 2016-2024 Sample Request

India Beer Market Share (%), By Product Type, 2016-2024

The India Beer market has grown to reached nearly USD XX billion in 2015-16, of the total, and non-craft beer segment revenue accounted for USD XX billion acquiring the largest share of XX% as compared to revenue of craft beer.

25.00%

XX% Craft Beer

2024

2016 Non-Craft Beer

75.00%

XX%

Source: Goldstein Research

m a S

India Beer Market Y-O-Y Growth, By Product Type, 2016-2024

2016e

2017e

2018f

2019f

2020f

2021f

2022f

2023f

e l p

 Non-craft beer market is expected to continue dominating the market share over the forecast period but at a slower growth rate due the rising inclination of the consumers towards the craft beer. That revolution is the craft beer movement that has started in New Delhi and Pune almost a decade ago with Brewpubs opening their doors to the public. Other cities such as Bangalore and Mumbai have followed suit and witnessed brewpubs and even craft breweries producing beer spring up over time. Tier 1 cities opened brewpubs and today nearly XX number of brewpubs have opened. Tier 2 cities have now started brewpubs, as well.

2024f

Source: Goldstein Research

India Beer Market Size (USD Billion), By Product Type-2016-2024 XX XX

XX XX

2016

2024 Craft Beer

Non-Craft Beer

Source: Goldstein Research

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India Beer Market Outlook

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