India Beer Market (2018-2024)

India Beer Market Synopsis

India beer market is witnessing significant growth on account of surging consumer preference for beer over other alcoholic drinks in the past few years. Increasing personal disposable income, urbanization along the growing acceptance of social drinking are further complementing the India Beer Market Growth. The increase in the working population, a spur in the upper-middle-class group, and an increase in the number of female drinkers are expected to, further, assist the India Beer Market Share during the upcoming years. Moreover, the addition of multiple flavors is likely to boost the beer market. The growth of the market is also driven by the growing penetration of alcoholic beverages. Non-alcoholic and flavor beer is likely to drive the youth population further leading to the development of the Beer market in India.

According to 6Wresearch, India beer market size is projected to grow at a CAGR of over 7.6% during 2018-2024. With the changing trends of the market, beer is expected to draw a considerable market share in the coming years. The addition of new flavors, a rise in the production of non-alcoholic beers, and an increase in the growth the affordability of consumers are expected to shape the overall India Beer Market Growth during the upcoming years.

Key Highlights of the Report:

India Beer Market Share, by Players
Market Drivers and Restraints
Industry Life Cycle and Value Chain Analysis
India Beer Market Overview
India Beer Market Overview on Competitive Benchmarking
Historical and Forecast data of India Beer Market Revenues for the Period 2014-2024
India Beer Market Size and India Beer Market Forecast
India Beer Market Outlook

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