Press release
India Craft Beer Market Expected to Reach USD 37.9 Billion by 2034, Industry Growing at a CAGR of 23.20%
According to IMARC Group's latest report titled "India Craft Beer Market Size, Share, Trends and Forecast by Product Type, Age Group, Distribution Channel, and Region, 2026-2034", this study offers a granular analysis of the nation's burgeoning artisanal beverage sector. The study offers a profound analysis of the industry, encompassing India craft beer market research report, share, size, growth factors, key trends, and regional insights. The report covers critical market dynamics, including the impact of urbanization on experiential consumption, the rise of microbrewery culture, and the adoption of innovative brewing techniques using local ingredients.
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✤ Market At-A-Glance: Key Statistics (2026-2034)
✤ Current Market Size (2025): USD 5.8 Billion
✤ Projected Market Size (2034): USD 37.9 Billion
✤ Growth Rate (CAGR): 23.20%
✤ Dominant Region: South India (Driven by hubs like Bengaluru)
✤ Key Sectors: Ales (IPAs, Stouts), Lagers, and Specialty Brews
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India Craft Beer Market Overview
The India craft beer market size reached USD 5.8 Billion in 2025. Looking forward, IMARC Group expects the market to reach USD 37.9 Billion by 2034, exhibiting a robust CAGR of 23.20% during 2026-2034. This rapid expansion is primarily driven by a structural shift in consumer behavior, where urban millennials and Gen Z are increasingly seeking premium, artisanal alternatives to mass-produced commercial beers.
Growth Drivers and Trends
✤ Experiential Consumption: Rapid urbanization has fostered a "taproom culture" where consumers seek immersive experiences, such as brewery tours and fresh, on-tap beer tastings.
✤ Premiumization: Rising disposable incomes are leading consumers to trade up from standard lagers to premium craft varieties, viewing craft beer as a lifestyle beverage.
✤ Flavor Innovation: Microbreweries are experimenting with indigenous ingredients (millet, rice) and tropical flavors like mango, kokum, and pineapple to cater to local palates.
✤ Health Consciousness: There is an emerging demand for low-calorie, gluten-free, and low-alcohol (session) craft beers among health-aware urban demographics.
✤ Policy Support: Recent deregulation of microbrewery licensing in states like Maharashtra, Karnataka, and Haryana is fostering local entrepreneurship.
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Strategic Market Segmentation
✤ The report provides a deep dive into various segments:
✤ By Product Type: Ales (including IPAs and Porters), Lagers, and others.
✤ By Age Group: The 21-35 years old segment is the largest consumer base.
✤ By Distribution Channel: On-trade (brewpubs, bars) remains the dominant channel for craft beer, though off-trade (premium retail) is growing.
Key Highlights of the Report
✤ Market Forecast (2026-2034): Quantitative data on market value and its high-growth trajectory.
✤ Competitive Landscape: Comprehensive analysis of key players such as B9 Beverages (Bira 91), Arbor Brewing Company, Gateway Brewing Co., and White Rhino Brewing Co.
✤ Regional Hotspots: Detailed breakdown of demand in Bengaluru vs. Delhi vs. Mumbai.
✤ Technological Trends: Insights into modern fermentation and automated monitoring systems in microbreweries.
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About Us:
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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IMARC Group
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Email: sales@imarcgroup.com
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