India Beer Market Projected to Reach USD 23.5 Billion by 2024

New York, USA, 2018-Jul-31 — /EPR Network/ —Beer is among one of the most largely consumed alcoholic beverages globally. The report published by Goldstein Research on India Beer Market reflects all the major key factor of the industry. According to the report India beer market size is anticipated to cross USD 23.5 billion by 2024, growing at a CAGR of 10.9% over the forecast period 2016-2024. Where The microbreweries have gained huge acceptance and have consequently in last few years which changed the face of craft beers in India.

The major driver in India beer market is thriving demand of alcohol owing to rapid urbanization, rising youth population and favourable statistics in the country. The non-craft beers segment accounted for the largest market share in 2016. On the other hand, increasing the market share of craft beer in India is expected to reach USD 900.0 million by the end of the forecast period. Where South India accounted for the largest market share of more than 42% in terms of beer consumption owing to the significant rise in urban and female alcohol consumers in the region.

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Market Segmentation

On the basis of our in-depth analysis, India Beer Market can be segmented as follows:

By Product Type

  • Craft Beers
  • Non-Craft Beers
  • Domestic
  • Imported

By Packaging Type

  • Bottled Beers
  • Canned Beers
  • Draught Beers

By Distribution Channel

  • Retails
  • Institutional Sales
  • Microbrewery

By Geography

  • North India Beer Market
  • South India Beer Market
  • West India Beer Market
  • East India Beer Market

Browse Full Report Here: https://www.goldsteinresearch.com/report/beer-market-india-trends-analysis

“India Beer Market Outlook 2024” contains a detailed overview of the India beer market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by product type, packaging type and distribution channel.

India Beer Market Report offers the industry drivers, import/export data, Y-O-Y growth rate, market challenges, risk analysis, , insights on the competitive landscape, companies benchmarking, company profiles, market drivers and restraints BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis, market attractiveness.

This market research report also includes competitive outlook of some of the major players profiling of companies such as SABMiller plc, Anheuser-busch InBev, Carlsberg, United Breweries Ltd, Heineken NV, Carlsberg breweries A/S, Cerana Beverages, Arbor Brewing Company India, Gateway Brewing Company, Anheuser, Boston Beer and Grupo Modelo, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report estimates the India beer market trends along with industry forecast that will help market consultants, technology providers, existing players searching for expansion opportunities, new players searching business options and other advisors, consultant, stakeholders to coordinate their market focused planning as per the evolving and future expected trends

Browse Similar Report: https://www.goldsteinresearch.com/report/europe-craft-beer-market-industry-analysis

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