Favorable Demographics and Rising Popularity among Young Consumers Driving the Growth of India Alcoholic Beverages Market

According to Goldstein Research, the growth of alcoholic beverages market in India is majorly attributed to the favorable demographic conditions and rapid urbanization which has led the upsurge in a number of pubs and bars establishment and consequently the consumption of alcoholic beverages. Moreover, the acceptability of alcoholic drinks has also extended to the family environments at social events has also augmented the growth of alcoholic beverages in India. India alcoholic beverages market outlook also includes new business models, the market landscape of micro-breweries or craft beers and capital investment as the key strategies adopted by the major and new players for a significant expansion of business in India.

Majority of the imported brands has developed a significant space in Indian alcoholic beverages market either in the form of a manufacturing unit or through distributors and joint ventures.

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Market Segmentation

On the basis of our in-depth analysis, India alcoholic beverages market can be segmented as follows:

By Product Type

  • Beer
  • Wine
  • Distilled Spirits

By Origin Type

  • Indian Made Foreign Liquor (IMFL)
  • Foreign Liquor Bottled in Origin (BIO)
  • Country Liquor

By Distribution Channel

  • Offline Distribution Channel
  • Online Distribution Channel
  • On-Premises

By Geography

  • North India Alcoholic Beverages Market
  • South India Alcoholic Beverages Market
  • West India Alcoholic Beverages Market
  • East India Alcoholic Beverages Market

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“India Alcoholic Beverages Market Outlook 2024” contains detailed overview of the India Alcoholic Beverages market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by product type, by origin type and by distribution channels.

Further, for the in-depth analysis, India Alcoholic Beverages Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as SABMillerplc, Anheuser-buschInBev, Carlsberg, United Breweries Ltd., Mohan Meakins, RadicoKhaitan and United Spirits. 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 represents the India alcoholic beverages market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

Key queries countered in this India alcoholic beverages market report

  • What is the India alcoholic beverages market size by 2024 and what would be the expected growth rate of sales?
  • What are the alcoholic beverages market trends?
  • What are the dynamics which are driving this market?
  • What are the major barriers to alcoholic beverages market growth?
  • Who are the prominent vendors in this market space?
  • What are the market prospects for the current and entry level players?
  • What are the latest improvements and market strategies of the key players?

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