India Beer Market (2018-2024) | Value, Companies, Outlook, Growth, Industry, Revenue, Size, Share, Trends, Forecast & Analysis

India beer market is witnessing significant growth on account of surging consumer preference for beer over other alcoholic drinks in the past few years. Increasing personal disposable income, urbanization along the growing acceptance of social drinking are further complementing the India Beer Market Growth. The increase in the working population, a spur in the upper-middle-class group, and an increase in the number of female drinkers are expected to, further, assist the India Beer Market Share during the upcoming years. Moreover, the addition of multiple flavours is likely to boost the beer market. The growth of the market is also driven by the growing penetration of alcoholic beverages. Non-alcoholic and flavor beer is likely to drive the youth population further leading to the development of the Beer market in India in 2018.

Change in lifestyle, a growing number of youths coupled with availability of products and rising stress are proliferating the development of the market. Changing the preferences of consumers and rising purchasing power are also one of the major factors contributing to the beer market share in India in 2018. Growing adoption of canned beer owing to the ease of transportation is also adding to the development of the market. The imported beer market in India has also gained substantial growth during the forecast period on account of the rising young drinking generation.

According to 6Wresearch, India beer market size is projected to grow at a CAGR of over 7.6% during 2018-2024. With the changing trends of the market, beer is expected to draw a considerable market share in the coming years. The addition of new flavors, a rise in the production of non-alcoholic beers, and an increase in the growth the affordability of consumers are expected to shape the overall India Beer Market Growth during the upcoming years. 

On the basis of distribution channels, Off-trade channels including wine & beer shops, hypermarkets, and supermarkets have contributed the majority of the revenue in beer market share in India. The segment is projected to further rule the market owing to continuously increasing retail formats in the country and the availability of beer products at reasonable prices via off-trade channels. Moreover, on-trade channels are anticipated to exhibit the highest growth rate during the forecast period owing to rising income levels coupled with the acceptance of craft beer across the country. However, the highest duty in the world makes a beer expensive alcohol is still a restraining factor in the market.

India beer market is expected to register significant growth in the coming years backed by the rising number of beer consumers in the country. Rising consumer expenditure over authentic craft beer as compared to premium beer is expected to drive potential market growth for the Beer Industry in India in the coming years. Also, according to the All-India Brewers Association, the beer sales in India are expected to witness a 20 percent growth each year as compared to what was witnessed during the past years with a growth rate of around 5-7 percent owing to an increase in women consumers along with the rising expenditure of millennial for craft authentic beer. Further, based on the regional breakup of the country, the western region is anticipated to dominate the overall India Beer Market Revenue with the majority of the beer manufacturing concentrated in Mumbai along with the initial testimonials being taken place in the city.

The India beer market report thoroughly covers the India beer market by type, sales channel, packaging, demographics, and regions. The India beer market outlook report provides an unbiased and detailed analysis of the India beer market trends, opportunities, high growth areas, and market drivers which would help the stakeholders to decide and align their market strategies according to the current and future market dynamics.

India Beer Market has also entered the international market past few years, but there are few restrictions on the availability of the beer. There are some international companies competing with India market companies like Budweiser and Carlsberg. India beer sells out through alcohol retail shops and many people shop with these shops.

Key Highlights of the Report:

• India Beer Market Overview
• Historical and Forecast data of India Beer Market Revenues for the Period 2014-2024
• Forecast data of Global Beer Market until 2024
• India Beer Market Trends and Developments
• India Beer Market Share, by Players
• India Beer Market Overview on Competitive Benchmarking
• Company Profiles
• Recommendations
• Historical and Forecast data of India Beer Market Volume for the Period 2014-2024
• Historical and Forecast data of India Beer Market, By Types for the Period 2014-2024
• Historical data of India Beer Market Revenues, By Sales Channel for the Period 2014-2017
• Market Size & Forecast data of India Beer Market, By Sales Channel until 2024
• Historical and Forecast data of India Beer Market, By Packaging for the Period 2014-2024
• Historical and Forecast data of India Beer Market, By Demographics (2017 & 2024)
• Historical and Forecast data of India Beer Market, By Regions for the Period 2014-2024
• Market Drivers and Restraints
• Industry Life Cycle and Value Chain Analysis
• Porter's Five Forces Analysis
• India Beer Market Outlook
• India Beer Market Size and India Beer Market Forecast
• Historical Data of Global Beer Market for the Period 2014-2017

Markets Covered:

The India Beer market report provides a detailed analysis of the following market segments:

By Types:

• Strong Beer
• Mild Beer

Sales Channels:

• Off Trade Channels
• On Trade Channels

By Packaging:

• Bottled Beer
• Canned Beer
• Draught Beer

By Demographics:

• Age Group
• Gender

By Regions:

• Northern
• Eastern
• Western
• Southern