Press release
Indian Made Indian liquor IMIL market: The global market is expected to grow at a CAGR of 7.2% during the forecasted period.
As per the study initiated by Evolve Business Intelligence, the global Indian Made Indian liquor IMIL market size accounted for USD 54.5 Billion in 2022, growing at a CAGR of 7.2% from 2023 to 2033. Indian Made Indian Liquor (IMIL) refers to alcoholic beverages produced within India using traditional distillation methods and local ingredients. IMIL is a term used to differentiate these liquors from foreign-made spirits or Indian liquor brands that use imported ingredients or distillation techniques.The IMIL market has gained prominence in recent years due to an increased emphasis on local products and the promotion of Indian heritage. It offers consumers a chance to explore and appreciate the diverse and rich Indian alcohol culture. Many IMIL brands have gained recognition both domestically and internationally for their craftsmanship, quality, and adherence to traditional production methods.
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Key Highlights:
• The global Indian Made Indian liquor IMIL market size was valued at USD 54.5billion in 2022 growing at a CAGR of 7.2% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has recently released a new market research report on the Global Indian Made Indian liquor IMIL market. The report covers a wide range of aspects, such as market size and forecast, market dynamics, analysis of competitors' market share, value and volume of the market, SWOT analysis, product benchmarking, recent developments of key players, and potential opportunities. Additionally, the market has been assessed based on four indicators in the market dynamic chapter, including Drivers, Restraints, Key Trends, and Challenges.
In terms of COVID 19 impact, the Indian Made Indian liquor IMIL market report also includes the following data points:
• COVID19 Impact on Indian Made Indian liquor IMIL market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Indian Made Indian liquor IMIL market
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Key Players
Some of the major Indian Made Indian liquor IMIL market players holding high market share include Carlsberg, Diageo Plc, B9 beverages Pvt Ltd and Radico Khaitan Ltd. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
o Carlsberg
o Diageo Plc
o B9 beverages Pvt Ltd
o Radico Khaitan Ltd
o Dogfish Head Craft Brewery Inc
o Sierra Nevada Brewing Co
o The Boston India Alcohol company Inc
o Devans Modern Breweries Ltd
o Heineken NV
Segmental Analysis
Market Segment By Type with focus on market share, consumption trend, and growth rate of Indian Made Indian liquor IMIL market:
• Rum
• Mild /strong Beer
• Red wine
• whisky
Market Segment By Ingredient with focus on market share, consumption trend, and growth rate of Indian Made Indian liquor IMIL market:
• Grain
• Molasses
• Fruit and vegetables
Market Segment By end-user with focus on market share, consumption trend, and growth rate of Indian Made Indian liquor IMIL market:
• Male
• Female
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Global Indian Made Indian liquor IMIL market Geographic Coverage:
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Nordic Countries
o Benelux
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Australia
o Rest of Asia Pacific
• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
Reasons to Buy this Report:
• Detail analysis of the impact of market drivers, restraints, and opportunities
• Competitive Intelligence provides an understanding of the ecosystem
• Details analysis of the Total Addressable Market (TAM) of your products
• Investment Pockets and New Business Opportunities
• Demand-supply gap analysis
• Strategy Planning
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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune's global 2000 companies.
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