India Beer Market Production, Consumption Rate, Share, Size, Growth, Trends, Industry Analysis, Report 2023-28

According to the latest report by IMARC Group, titled "India Beer Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", offers a comprehensive analysis of the industry, which comprises insights on the India beer market. The report also includes competitor and regional analysis, and contemporary advancements in the market.

The India beer market size reached INR 383.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach INR 622.4 Billion by 2028, exhibiting a growth rate (CAGR) of 8.1% during 2023-2028.

Beer is a popular alcoholic beverage made from malted grains, hops, yeast, and water. There are numerous beer styles, ranging from light lagers to dark stouts and porters, each with its unique flavor profile and brewing process. Beer has been around for thousands of years, with evidence of its consumption dating back to ancient civilizations such as the Egyptians and Mesopotamians. It is enjoyed by people worldwide and is often associated with social gatherings and celebrations. In recent years, the craft beer industry in India has grown in popularity, offering a wide variety of unique and creative brews that showcase the artistry and skill of modern-day brewers.

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Market Trends and Drivers:

The market in India is majorly driven by the increasing popularity of beer among women and millennials. In line with this, the inflating disposable incomes of consumers and changing lifestyles are significantly contributing to the market. Furthermore, rapid urbanization and the growth of a young population are positively influencing the market. Apart from this, the growing acceptance of beer as a social drink is catalyzing the market. Moreover, the expansion of organized retail chains and modern trade outlets is strengthening the market. Besides, the expansion of the tourism industry and the rise of the food and beverage sector is propelling the market. The escalating government initiatives and policies to promote the alcohol industry and the increasing popularity of craft beer and microbreweries are offering numerous opportunities for the market. Additionally, the emerging trend of beer pairing with food and the entry of global beer brands and their marketing strategies are providing a boost to the market.

Explore the Full Report with TOC & List of Figures: https://www.imarcgroup.com/india-beer-market

Competitive Landscape:

The competitive landscape of the market has been studied in the report with detailed profiles of the key players operating in the market.

Some of these key players include:

• Anheuser-Bush InBev SA NV
• Arbor Brewing Company India
• B9 Beverages Private Limited
• Carlsberg India Private Limited
• Devans Modern Breweries Ltd.
• Gateway Brewing Company
• SOM Distilleries And Breweries Limited
• Sona Beverages Private Limited
• United Breweries Limited (Heineken N.V.)
• White Rhino Brewing Co

Key Market Segmentation:

Breakup by Product Type:

• Standard Lager
• Premium Lager
• Specialty Beer
• Others

Breakup by Packaging:

• Glass
• PET Bottle
• Metal Can
• Others

Breakup by Production:

• Macro-Brewery
• Micro-Brewery
• Others

Breakup by Alcohol Content:

• High
• Low
• Alcohol-Free

Breakup by Flavor:

• Flavored
• Unflavored

Breakup by Distribution Channel:

• Supermarkets and Hypermarkets
• On-Trades
• Specialty Stores
• Convenience Stores
• Others

Breakup by Region:

• North India
• West and Central India
• South India
• East India

Key highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Historical, Current, and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Also, Read the Latest Research Reports 2023-2028:

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• India Reusable Sanitary Napkin Market Outlook Report: https://www.imarcgroup.com/india-reusable-sanitary-napkin-market

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

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This release was published on openPR.