The latest report by IMARC Group, titled “India Beer Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the India beer market reached a value of INR 350 Billion in 2021. Looking forward, IMARC Group expects the market to reach INR 580 Billion by 2027, exhibiting a CAGR of 8.3% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
India Beer Market Overview:
Beer is a fermented alcoholic beverage manufactured from barley, wheat, rice and flavored with hops. It is the oldest and most widely consumed beverage in India. Its consumption offers numerous health benefits, such as preventing heart attacks and speeding up metabolism. Beer is commonly packed in bottles, cans, or kegs made up of different materials.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Market Trends and Drivers:
The market is majorly driven by the growing trend of socializing among young adult individuals and working professionals. In line with this, the inflating disposable income levels of the consumers and their changing preferences are positively influencing the market growth.
Apart from this, the rising popularity of brewpubs in metropolitan cities of India is catalyzing the product demand. Moreover, the easy availability of a wide variety of beer across various distribution channels is significantly contributing to the market. Additionally, the introduction of new fresh flavors, such as citrus, spice, tropical fruits, pine, and berries, is creating a positive outlook for the market.
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Important Note: If the link is not clickable please open it in a new tab, you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.
Key Market Segmentation Breakup by:
IMARC Group provides an analysis of the key trends in each sub-segment of the India beer market, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on product type, packaging, production, alcohol content, flavor and distribution channel.
Product Type:
- Standard Lager
- Premium Lager
- Specialty Beer
- Others
Packaging:
- Glass
- PET Bottle
- Metal Can
- Others
Production:
- Macro-Brewery
- Micro-Brewery
- Others
Alcohol Content:
- High
- Low
- Alcohol-Free
Flavor:
- Flavored
- Unflavored
Distribution Channel:
- Supermarkets and Hypermarkets
- On-Trades
- Specialty Stores
- Convenience Stores
- Others
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Breakup by Region:
- North India
- West and Central India
- South India
- East India
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Key highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- 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.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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Also Read: India Real Estate Market Research Report 2022-2027: https://techycons.com/india-real-estate-market-analysis-size-growth-report-22-27/
