Insights on the Indian Alcoholic Beverages Market to 2019 | Industry Statistics, Emerging Demands, Forecast to 2025

Indian alcoholic beverages market is estimated to grow at a CAGR of 4.2% during the forecast period. In 2018, the market in India was valued at $36.5 billion and is further estimated to reach $48.0 billion in 2025. The factors contributing to the market growth include increasing demand for alcoholic beverages in the country due to their huge population base, growing consumption of alcohol by the young generation, and rising disposable income. The changing social norms and the growing acceptability of alcohol have led to high and regular alcohol consumption among people in the region. India is one of the major countries in the market due to its demographics & economy. The Indian alcohol industry can be classified into various categories such as IMFL (Indian made foreign liquor), imported liquor, beer and country-made liquor, and others. The rising demand in these categories further contributes to the Indian alcoholic beverages market.

To Request a Sample of our Report on Indian Alcoholic Beverages Market: https://www.omrglobal.com/request-sample/indian-alcoholic-beverages-market

The increasing disposable income, growing acceptance of alcoholic beverages in social circles, and inclining consumer preference toward premium varieties of IMFL is expected to result in gradual growth in favor of premium brands. IMFL includes brown spirits such as whisky, rum, and brandy; and white spirits such as gin, vodka, and white rum. Imported alcoholic beverages are consumed less than locally manufactured brands in India. The imported brands are mostly preferred by the rich and upper middle class in urban cities and are also popular among young professionals and entrepreneurs. Thus, the increasing demand for imported bands by these individuals is further expected to contribute to the growth of the Indian alcoholic beverages market in the near future.

(Get 15% Discount on Buying this Report)

A full Report of Indian Alcoholic Beverages Market is Available @ https://www.omrglobal.com/industry-reports/indian-alcoholic-beverages-market

Indian Alcoholic Beverages Market Segmentation

By Type

· Beer

· Distilled Spirit

· Wine

By Packaging Type

· Glass Bottles

· Cans

· Others (Plastic Bottles)

Company Profiles

· Anheuser-Busch InBev

· Bacardi Ltd.

· Diageo PLC

· Globus Spirits Ltd.

· Heineken Holding N.V.

· IFB Agro Industries, Ltd.

· Molson Coors Brewing Co.

· Pabst Brewing Co.

· United Breweries, Ltd.

· United Spirits, Ltd.

Reasons to buy from us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

This release was published on openPR.