Beer Market Assessment – Latest Indian Insights on Players Crown Beer , SABMiller, Mohan Meakin, B9 Beverages Trends and Challenges

HTF Market Intelligence released a new research report of 95 pages on title 'India Beer Market Outlook, 2023' with detailed analysis, forecast and strategies.

REPORT DESCRIPTION

'India Beer Market Outlook, 2023' gives a comprehensive analysis on the beer industry of India. The market has observed a decline in last to years and is expected to recover and start growing again in next few years. The major causes for the decline were changes in mainly legal and political environmental factors such as Kerala, Bihar and Tamil Nadu banned liquor either completely or in a phased manner, policy changes in West Bengal, Chhattisgarh and Jharkhand to allow liquor sales only through government-owned corporations, demonetization, GST, ban on liquor sales near 500meter of region of national highway etc.

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India Beer market is expected to grow with a CAGR of more than 6% in the forecasted period of FY 2017-18 to FY 2022-23. The period will witness the growth of premium brands and the consumers will be shifting from standard brands to premium brands. The major reason for so is the high economic development of India which has resulted in higher purchasing power to Indian consumer, changing preferences, Increase use of premium products as a status symbol, etc. The market is still lead by Kingfisher brand of United Breweries Limited, while there is a tough fight between SABMiller India Limited and Carlsberg India Private Limited. More than 40% of market is controlled by regional and local players which do not posse resources to expand pan India or have small profit margins with low price.

The growth of mild beer in Indian market has attracted many strong beers producing players and they are also found to be coming up with mild beer brands. The mild beer is expected to break the share of strong bear and grow into the Indian markets. The mild beer segments of premium beer brands are expected to grow at a higher rate compared to the standard mild beer segment. The reason for so is the rising number of foreign players who are bringing their world famous mild beer brands to India and due to high import and excise are positioned as premium brands.

Covered in the report:
• India beer Market
• Strong beer Market
• Mild beer Market
• Standard beer Market
• Premium beer Market

How it will help solving your strategic decision-making process??
The report gives an in-depth understanding of the beer market in India and consists of:
- India Alcoholic Beverages Market Outlook.
- India Alcoholic Beverages Market By Value & Forecast.
- India Alcoholic Beverages Market ByVolume& Forecast.
- India Beer Market Size By Value & Forecast.
- India Beer Market Size By Volume & Forecast.
- India Beer Market Segmental Analysis: By Company, By Region, By Demographic, etc.
- India Beer Standard Market Size By Value & Forecast.
- India Beer Standard Market Size By Volume & Forecast.
- India Beer Premium Market Size By Value & Forecast.
- India Beer Premium Market Size By Volume & Forecast.
- Indian Strong and mild beer market size and volume, market share with forecast.

This report can be useful to Industry consultants, manufacturers and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

Report Methodology

The information contained in this report is based upon both primary and secondary research. Primary research included interviews with various channel partners of beer products in India. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.
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Companies Profiled in the Report

1. United Breweries Limited
2. Carlsberg India Private Limited
3. Crown Beer India Private Limited
4. SABMiller India Limited
5. Mohan Meakin Limited
6. Molson Coor Cobra India Private Limited
7. B9 Beverages Private Limited
8. Devans Modern Breweries Limited
9. SOM Distilleries And Breweries Limited
10. United Spirit Limited (Diageo Group)

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Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

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This release was published on openPR.