India Beer Market Overview, 2028

India Beer Market Overview, 2028

Like the kaleidoscope of India itself, the beer market here is a colorful fusion of regional preferences and global influences. From the sun-soaked beaches of Goa to the majestic Himalayan peaks, each corner of the country has its own distinct beer-drinking culture, offering a fascinating glimpse into the tapestry of India's social fabric. In India, beer has transcended its conventional perception and has become a symbol of celebration, camaraderie, and zest for life. It has seamlessly integrated itself into traditional festivities, where the clinking of glasses resonates with joyous cheers. From grand weddings to lively festivals, beer has found a place alongside traditional beverages, complementing the myriad flavors of Indian cuisine. The Indian beer market is not just about exotic flavors and traditional ceremonies; it is also a testament to the entrepreneurial spirit that runs deep within the nation. It has witnessed the rise of local microbreweries, where passionate brewmasters craft unique flavors, combining age-old brewing techniques with innovative ingredients. These breweries have become hubs of creativity, fostering a sense of experimentation and pushing the boundaries of taste. Furthermore, the Indian beer market has embraced globalization with open arms, welcoming renowned international brands that have brought their own distinct flavors to the table. Whether it's a classic German lager, a Belgian wheat beer, or an American craft ale, beer enthusiasts in India have access to a vast array of global choices, creating a melting pot of flavors and preferences.

According to the research report India Beer Market Overview, 2028, published by Bonafide Research, The India Beer Market is expected to grow at above 3.88 % CAGR from 2023 to 2028. Strong beer, which typically has an alcohol content, dominates the Indian beer market. It accounts for a significant portion of beer consumption in the country, owing to cultural preferences and taxation regulations. Bottled beer is the preferred format in India, constituting a majority of the beer sold. However, the popularity of canned beer has also been on the rise, driven by convenience and changing consumer preferences. India's craft beer scene has witnessed remarkable growth in recent years. Microbreweries and craft beer brands have emerged across the country, offering unique flavors and experiences to beer enthusiasts. Each region in India has its own beer-drinking culture and preferences. For instance, the states of Maharashtra and Goa are known for their strong presence of craft breweries, while states like Punjab and Haryana have a strong preference for strong lagers. Several international beer brands have entered the Indian market and gained popularity among consumers. Brands such as Heineken, Budweiser, and Carlsberg have established a significant presence and have contributed to the diversification of beer options in the country. The Indian beer market is not without its challenges. Stringent regulations, varying state policies, and cultural diversity pose hurdles for both domestic and international players. Yet, it is precisely these challenges that have fueled innovation, leading to the emergence of low-alcohol and non-alcoholic beer options that cater to health-conscious consumers and those seeking a responsible drinking culture. As the Indian beer market continues to evolve, it remains an exciting and dynamic landscape, where ancient traditions and contemporary trends interweave to create a tapestry of flavors.

India's rich cultural heritage influences the beer market in unique ways. For instance, the state of Rajasthan, known for its strict prohibition laws, has given rise to near beer or non-alcoholic beer options to cater to local preferences. With the rise of e-commerce and online platforms, beer delivery services have gained popularity in India. Consumers can now order their favorite brews online and have them delivered to their doorstep. India has witnessed the emergence of beer festivals that celebrate the diverse flavors and craft beer culture. Events like the Great Indian Beer Festival and the Bangalore Craft Beer Festival attract beer enthusiasts from across the country. Breweries and beer tours have become a popular attraction for tourists visiting India. Cities like Bangalore, Pune, and Goa are known for their vibrant beer scenes, offering visitors the opportunity to explore local breweries and sample a wide range of beers. In addition to being consumed on its own, beer is often used as a mixer in India. It is combined with ingredients like lemon, soda, and spices to create refreshing concoctions such as shandies and beer cocktails. Bollywood, India's vibrant film industry, has played a significant role in shaping consumer preferences. Beer consumption is often depicted in movies, contributing to its popular image as a symbol of celebration and enjoyment. Indian beer brands are increasingly exploring export opportunities, with a focus on international markets such as the United States, Europe, and Southeast Asia. Craft breweries, in particular, are gaining recognition for their unique flavors and quality.

Considered in this report:
• Geography: India
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report:
• India Beer Market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Product type:
• Lager
• Ale
• Stout & Porter
• Malt
• Others (pilsner, hard seltzer, kegs, porter)

By Category:
• Standard Beer
• Premium Beer

By Packaging:
• Bottle
• Cann

By Production:
• Macro Brewery
• Micro Brewery
• Craft Brewery

By Beverages Type:
• Alcoholic
• Non- Alcoholic

By Distribution Channel:
• On trade
• Off trade

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us. we have started verifying the details obtained from secondary sources.

Intended audience:
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to beer industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.