Title: India Alcoholic Beverage Market Outlook 2024: Opportunity & Growth Analysis, 2016-2024
1India Alcoholic Beverage Market Outlook
India Alcoholic Beverage Market Outlook 2024
Opportunity Growth Analysis, 2016-2024
Report Code HC 1335
1-646-568-7747
1-437-886-1181
44-203-318-6627
91-120-473-0422, 91-991-071-6331
sales_at_goldsteinresearch.com
Published By Goldstein Research
Copyright All Rights Reserved, Goldstein
Research
www.goldsteinresearch.com
Copyright All Rights Reserved, Goldstein
Research
www.goldsteinresearch.com
2India Alcoholic Beverage Market Size (USD
Billion)-2016-2024
Sample Request
Sample
Source Goldstein Research
- Alcoholic Beverage Market in India 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
trend of alcoholism is gaining momentum in the
market. The domestic alcohol industry is
recognized that the young people and women are
the key target populations for the players and
they are assertively focusing on these vulnerable
groups through their marketing campaigns. - The market players are consistently launching new
products, such as flavored alcoholic drinks, to
attract the nondrinkers in this group. The
availability of alcohol is increasing in India
there are more outlets in shopping malls and
popular market places, which make it easily
accessible - Beer is certainly a buzz in the country at this
moment and India has a long way to go to catch up
with rest of the world. The growth in the beer
market appears to be driven by young consumers
and professionals who consider beer a trendy
drink, as compared with traditional spirits.
Whereas, tremendous growth has been seen in the
vodka market. It is the fastest growing among all
types of liquors. Vodka consumption has been
growing at the rate of about XX over the past
few years.
3India Alcoholic Beverage Market Outlook
India Alcoholic Beverage Market Share(), By
Product Type-2016-2024
India Alcoholic Beverage Market Size USD
(Billion). 2016-2024
Sample Request
Sample
Source Goldstein Research
Source Goldstein Research
In 2016, Distilled Spirits accounted for the
highest market share XX in India Alcoholic
Beverage Market
With XX share in 2016, Tier 1 Cities dominated
the India Alcoholic Beverage market
Request For Sample_at_ https//www.goldsteinresearch.
com/request-sample/india-alcoholic-beverages-marke
t-analysis
Similar Reports Craft Beer Market
Australia Craft Beer Market
Europe Craft Beer Market
Source Goldstein Research
Source Goldstein Research
Copyright All Rights Reserved, Goldstein
Research
www.goldsteinresearch.com
4India Alcoholic Beverage Market Outlook
- The India alcoholic beverage market registered an
impressive growth in 2016 with XX of the Indias
population consuming alcohol regularly. - On an Average Indians consumes XX liter of
alcoholic beverage per year, whereas, in the
rural regions, average alcoholic beverage
consumption is only XX liters per year. Some XX
are moderate to heavy drinkers. - As per OECD (Organization for Economic
Cooperation and Development) report in 2015,
alcoholism in India has increased by XX between
1991-2012. India is third largest consumer of
alcoholic beverage but due to government
regulations and continuous hike in duties is
making growth of Indian market to fall at risk. - On the back of changing cultural attitudes and a
young, increasingly affluent population, the
alcoholic beverage 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. - 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. Whereas, Andhra Pradesh, Haryana,
Mizoram, and Tamil Nadu had previously imposed
alcohol bans but were forced to withdraw the
prohibition. - In India IMFL (India Made Foreign Liquor) segment
is witnessed to grow at a rate of XX annually
and country liquor is growing at XX annually.
Moreover, over the past few years beer market is
witnessed to be growing at fastest CAGR. - Across India, South India accounts for highest
market share, with nearly XX market share of
IMFL and XX of beer in terms of sales. The
various state government in this region receives
major cash flows from alcoholic beverage industry.
Personal Disposable Income
Competition
Sample
Millennial
Bars and Restaurants
Packaging
India Alcoholic Beverage Market Size (USD Billion)
Tier 1 Cities
Tier 2 Cities
Tier 3 Cities
USD XX Billion
2016
USD XX Billion
USD XX Billion
2024
USD XX Billion
USD XX Billion
USD XX Billion
Copyright All Rights Reserved, Goldstein
Research
www.goldsteinresearch.com
Copyright All Rights Reserved, Goldstein
Research
www.goldsteinresearch.com
5- Alcohol Ban and Prohibition
- Varying excise laws by states, red tapism in
licensing, binging and hazardous drinking has led
to continuing danger that more and more states
could turn dry such as Gujarat. Furthermore, the
ban on alcohol is considered to be an activity
for getting vote, and thus reducing the sales and
revenue of the alcohol market. - Apart from Gujarat, Bihar, Nagaland and Manipur
also have imposed ban on the sales of alcohol.
Chhattisgarh, Madhya Pradesh along with one of
the top consumer of alcohol Kerala state are
considering the ban on alcohol. Moreover, ban on
selling alcohols near the highways has been
imposed impacting huge decline in revenue of the
alcohol manufacturers and suppliers. - Tax rate imposed on beer is nearly same as to the
other spirits which have more than 40 alcohol
content. Thus, the beer comes under the expensive
category and restricting the growth of total
beer market revenue, whether the tax rates are
passed on to customers or not.
Price (USD) Rise In Top Beer Brands (60ml),
2013-2017
Sample
Source Goldstein Research
Consumption of Alcohol, Volume (Million Cases),
2012-2017
- Impact Analysis-
- The rise in taxes and other increasing costs is
passed on to the consumers leading to rise in
prices of beer that has lead to decrease in the
number of consumers and sales volume. Also huge
competition is faced by other categories of
liquor that are available in abundance and at
cheap prices. - Also, the demand in some markets is so high that
banning alcohol may lead to an increase in
spurious illicit liquor, which can prove fatal.
Thus, formulation of national level legislation
to regulate production, sale, distribution, and
licensing of alcohol is impacting the market.
Source Goldstein Research
Impact on India Alcoholic Beverage Market
6India Alcoholic Beverage Market Share (), By
Product Type, 2016-2024
Sample Request
- The India Alcoholic Beverage market has grown to
reached nearly USD XX billion in 2015-16, of the
total, distilled spirits segment revenue
accounted for USD XX billion acquiring the
largest share of XX as compared to revenue of
other segments. - Distilled spirits 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 beer
consumption. - 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.
Sample
Source Goldstein Research
India Alcoholic Beverage Market Y-O-Y Growth, By
Product Type, 2016-2024
Source Goldstein Research
India Alcoholic Beverage Market Size (USD
Billion), By Product Type-2016-2024
Source Goldstein Research
7United Breweries (Company Overview Business
Strategy)
Sample Request
Founded 1857
Employees 2758
Website www.unitedbreweries.com
Headquarters India
Company Overview
- UB Group is an Indian conglomerate with its core
business activities in beverages, aviation and
investments to other sectors. The company
beverages business deals largely in alcoholic
beverages mainly beer. UB Group Limited operates
through a network of 21 own breweries and 8
contract breweries spread all over country. The
spread of breweries network aids the speedy
delivery of products and retains the freshness of
stocks. - Other subsidiaries of UB Group are the UB
Engineering Limited and UBICS, Inc. - UB Group beer are sold under its flagship brand
Kingfisher, which is now sold across the world to
52 countries. In India, it has undisputed market
share of nearly 49 in 2017 with sales over 100
million cases. - The Company considers sustainable investments
across the globe in various events and activities
for brand building of Kingfisher such as in the
fields of Sports, Food, Fashion and Music.
Alcoholic Brands
Kingfisher
Zingaro
London Pilsner
UB Export
Kalyani Black Label
Bullet
Charger
Marco Polo
Guru Strong
Business Segments
Fertilizers
Engineering
Aviation
Formula 1
Alcoholic Beverages
I-League Football Team
Sample
Business Strategy
- The company has a production capacity of 18
million hectoliters of beer per annum, combined
with the bottling and can lines spread across
the country. The manufacturing operations at UB
Group incorporates the entire range, from the raw
material procurement to new product development
and center of manufacturing excellence. - One of the key mechanism is the old bottle
collection in each state to ensure that the
patented glass bottle pool that returns to the
manufacturing base is protected in order to
minimize the overall product cost. - In terms of growth and expansion, a new can line
was introduced at Goa brewery in 2016,
Shahajahanpur brewery capacity was increased to
0.75 million cases/month from 0.25 million
cases/month. Moreover, the company is looking
forward to enter into microbrewery segment in
near future.
8 About Us Based in U.S., Goldstein Research is
a young business consulting and market research
firm with vast reach across America, Asia and
parts of Europe and the Middle East. In the next
five years, we strive to expand our reach to 50
nations spanning across Europe, Asia and parts of
the Middle East and Africa. We strive to realize
a strong brand presence Indialy through our
quality research and forecasting solutions. With
30 domain experts and 50 employees working day
and night to crunch numbers and bring out the
best and detailed market reports and forecasts,
we strive to enable you to foresee upcoming
market challenges and develop a robust business
model and strategies, which would add to your
profitability and market visibility as a
brand. Our mission is simple to develop
insightful business solutions, help our clients
make powerful future decisions to keep them well
ahead of the game which is the market, and leave
a mark across businesses and communities through
our well-defined ideas and clear cut forecasts.
Our mission is simple to develop insightful
business solutions, help our clients make
powerful future decisions to keep them well ahead
of the game which is the market, and leave a mark
across businesses and communities through our
well-defined ideas and clear cut forecasts.
Sample Request
Copyright All Rights Reserved, Goldstein
Research
www.goldsteinresearch.com
9Contact Us For Research Sales Related Queries
Sample Request
Corporate Office
99 Wall Street, Suite No- 527, New York, NY
10005 United States of America
Office No- 504, 5th Floor, C-51, BSI Business
Park, Sector-62, Noida, PIN- 201301 India
www.goldsteinresearch.com
Copyright All Rights Reserved, Goldstein
Research
www.goldsteinresearch.com
10Sample Request
Thank you