Indian Beer Market Analysis, Growth, Consumption, Size, Statistics, Top Brands Share, Report 2023-28
The India beer market size reached INR 383.6 Billion in 2022 & expects to reach INR 622.4 Billion by 2028, growth rate (CAGR) of 8.1% during 2023-2028.
BROOKLYN, NEW YORK, UNITED STATES, April 12, 2023 /EINPresswire.com/ -- Indian Beer Market Overview:
According to the latest report by IMARC Group, titled โ๐๐ง๐๐ข๐ ๐๐๐๐ซ ๐๐๐ซ๐ค๐๐ญ: ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ซ๐๐ง๐๐ฌ, ๐๐ก๐๐ซ๐, ๐๐ข๐ณ๐, ๐๐ซ๐จ๐ฐ๐ญ๐ก, ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐๐ง๐ ๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ ๐๐๐๐-๐๐๐๐โ, offers a comprehensive analysis of the industry, which comprises insights on the Indian beer market consumption. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The Indian 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 an alcoholic beverage made from water, malted grains, hops, and yeast. It is one of the oldest and most popular alcoholic beverages in the world, with a history dating back thousands of years. There are many different types of beer, each with its unique flavor, aroma, and characteristics. The brewing process involves malted grains (usually barley), which are steeped in water and then dried and roasted to develop flavor and color. Hops are then added to the mixture, providing bitterness and aroma, and yeast is added to ferment the sugars in the mixture and create alcohol. Beer is typically categorized by its alcohol content, color, and brewing method. Popular styles of beer include lagers, ales, stouts, and IPAs. It is enjoyed by millions of people around India and is often consumed in social settings such as bars, parties, and festivals.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/india-beer-market/requestsample
Market Trends and Drivers:
The market in India is majorly driven by the increasing popularity of alcoholic beverages, especially among the young population. In line with this, the rising consumer preferences for beer and inflating disposable incomes are significantly contributing to the market growth. Furthermore, the growing number of microbreweries in India and the expansion of the hospitality industry, including bars, pubs, and restaurants, are positively influencing the market. Apart from this, the emergence of social drinking and nightlife culture is catalyzing product demand. Moreover, the key players are focusing on introducing product variants with new flavors and ingredients. This, in turn, is expected to fuel the market. Additionally, the attractive and sustainable packaging of the product and its easy availability across the country offer numerous opportunities for the market.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐๐ & ๐๐ข๐ฌ๐ญ ๐จ๐ ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ: https://www.imarcgroup.com/india-beer-market
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
Breakup by Product Type:
โข Standard Lager
โข Premium Lager
โข Specialty Beer
โข Others
Breakup by Packaging:
โข Glass
โข PET Bottle
โข Metal Can
โข Others
Breakup by Production:
โข Macro-Brewery
โข Micro-Brewery
โข Others
Breakup by Alcohol Content:
โข High
โข Low
โข Alcohol-Free
Breakup by Flavor:
โข Flavored
โข Unflavored
Breakup by Distribution Channel:
โข Supermarkets and Hypermarkets
โข On-Trades
โข Specialty Stores
โข Convenience Stores
โข Others
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
The competitive landscape of the market has been studied in the report with detailed profiles of the key players operating in the market.
Breakup by Region:
โข North India
โข West and Central India
โข South India
โข East India
Key highlights of the Report:
โข Market Performance (2017-2022)
โข Market Outlook (2023-2028)
โข COVID-19 Impact on the Market
โข Porterโs Five Forces Analysis
โข Historical, Current, and Future Market Trends
โข Market Drivers and Success Factors
โข SWOT Analysis
โข Structure of the Market
โข Value Chain Analysis
โข 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.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐๐๐-๐๐๐๐:
โข Electronic Shelf Label (ESL) Market: https://www.openpr.com/news/2993295/electronic-shelf-label-esl-market-2023-size-to-hit-us-2-354
โข Specialty Paper Market: https://www.openpr.com/news/2993305/specialty-paper-market-2023-size-to-hit-42-8-billion-metric-tons
โข Environmental Monitoring Market: https://www.openpr.com/news/2993329/environmental-monitoring-market-2023-size-to-hit-us-31-1
โข Edible Cutlery Market: https://www.openpr.com/news/2993353/edible-cutlery-market-2023-size-to-hit-us-53-5-million-at-a-cagr
โข North America Healthcare Cold Chain Logistics Market: https://www.openpr.com/news/3004082/healthcare-cold-chain-logistics-market-in-north-america
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