India Alcohol Market Report, by Type (IMFL (Brandy & Cognac, Rum, Whiskies, White Spirits, Others), Beer (Mild,Strong), Wine (Red Wine, White Wine, Rose Wine), Country Liquor), by Origin Type (Imported Liquor, Indian Made Foreign Liquor, Foreign Liquor Bottled in India, and Indian Made Indian Liquor), Average spending on alcoholic beverage, by Gender (Male, Female), by Ingredients (Grains, Molasses, and Fruits & Vegetables), by Distribution Market (Government Controlled, Open Market, and Auction Market), and by Sub-Region (South Zone, North Zone, East Zone, and West Zone) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Alcohol is a beverage that contains ethanol and contains ingredients such as grains, molasses, and food & beverages. Further, alcohol market can also be segmented into types such as IMFL, beer, wine, and country liquor. Alcohol market is expected to witness a significant growth during the forecast period (2019-27) owing to the increasing disposable income and increasing trend towards western culture in India.
Market Dynamics
Rising number of millennial population and changing lifestyle patterns is a major driver in case of the growth of India alcohol market. For instance, as per the India Brand Equity Foundation, in September 2021, millennials constituted 47% of the total Indian working population which will lead to an increasing disposable income. Moreover, the increasing demand for cafes, bars, are thereby expected to lead to an increased demand for alcohol during the forecast period.
Among type, beer segment is expected to hold significant market revenue share over the forecast period. This is owing to increasing demand of cereals across the globe due to its easy availability and nutritional benefits. For instance, beer includes various health benefits such as it helps prevent kidney stones, strengthens bones, helps in reducing stress, and lowers bad cholesterol. Apart from the above mentioned benefits, beer is a rich source of vitamin B6. These benefits of beer are expected to lead to an increasing demand for beer segment during the forecast period.
However, stringent government regulations in case of the alcohol market is expected to hamper the growth of the India alcohol market during the forecast period.
Key features of the study:
This report provides in-depth analysis of India alcohol market and provides market size (INR billion & Mn Ltrs) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
It profiles leading players in the India alcohol market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study includes, United Spirits Limited, Tilaknagar Industries Ltd., Jagatjit Industries, Mohan Meakin, Globus Spirits, Allied Blenders and Distillers Pvt., SAB Miller, Radico Khaitan Limited, Khemani Group, SOM Distilleries and Breweries, and Carlsberg A/S
Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future products launches, technology up-gradation, market expansion, and marketing tactics
The India alcohol market report caters to various stakeholders in this industry including investors, suppliers, alcohol manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the India alcohol market
Detailed Segmentation:
India Alcohol Market, By Type:
IMFL
Beer
Wine
Country Liquor
India Alcohol Market, By Origin Type:
Imported Liquor
Indian Made Foreign Liquor
Foreign Liquor Bottled in India
Indian Made Indian Liquor
India Alcohol Market, Average spending on alcoholic beverage, by Gender:
Male
Female
India Alcohol Market, By Ingredients:
Grains
Molasses
Fruits & Vegetables
India Alcohol Market, By Distribution Market:
Government Controlled
Open Market
Auction Market
India Alcohol Market, By Sub-Region:
India
South Zone
By Type
IMFL
Beer
Wine
Country Liquor
By Origin Type
Imported Liquor
Indian Made Foreign Liquor
Foreign Liquor Bottled in India
Indian Made Indian Liquor
By Average spending on alcoholic beverage, by Gender
Male
Female
By Ingredients
Grains
Molasses
Fruits & Vegetables
By Distribution Market
Government Controlled
Open Market
Auction Market
North Zone
By Type
IMFL
Beer
Wine
Country Liquor
By Origin Type
Imported Liquor
Indian Made Foreign Liquor
Foreign Liquor Bottled in India
Indian Made Indian Liquor
By Average spending on alcoholic beverage, by Gender
Male
Female
By Ingredients
Grains
Molasses
Fruits & Vegetables
By Distribution Market
Government Controlled
Open Market
Auction Market
East Zone
By Type
IMFL
Beer
Wine
Country Liquor
By Origin Type
Imported Liquor
Indian Made Foreign Liquor
Foreign Liquor Bottled in India
Indian Made Indian Liquor
By Average spending on alcoholic beverage, by Gender
Male
Female
By Ingredients
Grains
Molasses
Fruits & Vegetables
By Distribution Market
Government Controlled
Open Market
Auction Market
West Zone
By Type
IMFL
Beer
Wine
Country Liquor
By Origin Type
Imported Liquor
Indian Made Foreign Liquor
Foreign Liquor Bottled in India
Indian Made Indian Liquor
By Average spending on alcoholic beverage, by Gender
Male
Female
By Ingredients
Grains
Molasses
Fruits & Vegetables
By Distribution Market
Government Controlled
Open Market
Auction Market
Company Profiles
United Spirits Limited*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Tilaknagar Industries Ltd
Jagatjit Industries
Mohan Meakin
Globus Spirits
Allied Blenders and Distillers Pvt.
SAB Miller
Radico Khaitan Limited
Khemani Group
SOM Distilleries and Breweries
Carlsberg A/S.
“*” marked represents similar segmentation in other categories in the respective section.
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