India Beer Market (2020-2026)

India Beer Market Synopsis

The India beer market has grown significantly in recent years due to an increase in demand from younger generations, increasing disposable income levels, and changing lifestyles leading to greater consumption of alcoholic beverages across various demographics of consumers. India is now the third largest beer consumer globally, after China and USA.

According to 6Wresearch, the India Beer Market size is estimated to augment during the forecast period 2020-2026. The market is experiencing notable growth in the country, influenced by changing consumer preferences and increasing discretionary income on various beer brands. Shifting consumer preferences towards beer from traditional beverages, especially among youngsters is the factor driving the beer market growth in the country. Moreover, increasing the purchase of imported beer brands and premium beers with the growing population income is another factor likely to secure a high beer demand, impacting positively on the market growth. With the rapid urbanization, the population adapting to Western culture including the consumption of beer. This has led to increased beer purchases. The expansion of modern retail platforms such as supermarkets, hypermarkets, and online product delivery, has made it convenient for to consumers access a range of beers. This will augment the India beer market growth.

Key Players of the India Beer Market

The India Beer Market is highly competitive with the presence of several leading companies in the country. Some of them are mentioned below in the list:

United Breweries Limited (UBL)
Budweiser (Anheuser-Busch InBev India)
Carlsberg India Private Limited
Heineken (Heineken India Private Limited)
SABMiller

Key attractiveness of the report

COVID-19 Impact on the Market.
10 Years Market Numbers.
Historical Data Starting from 2016 to 2019.
Base Year: 2019.
Forecast Data until 2026.
Key Performance Indicators Impacting the Market.
Major Upcoming Developments and Projects.

COVID-19 Influence on the India Beer Market

COVID-19 has affected the India Beer Market which is a part of the Asia Pacific beer market. The market faced a major disruption in the product supply due to strict lockdown and travel restrictions, making it difficult for the breweries to source raw materials led to delays in production. In addition to this, all the bars, restaurants, and pubs were closed during the pandemic to curb the virus spread. These measures affected the beer demand and led to a decline in beer market sales in the country. Moreover, imported beers were banned due to the major travel restrictions, which declined the market growth with the decline in product purchases.

Key Highlights of the Report

India Beer Price Trends
India Beer Porter's Five Forces
Market Opportunity Assessment By By Production
India Beer Industry Life Cycle
Market Opportunity Assessment By By Packaging
Historical Data and Forecast of India Beer Revenues & Volume for the Period 2016 - 2026
Market Opportunity Assessment By Category
Historical Data and Forecast of India Beer Market Revenues & Volume By Type for the Period 2016 - 2026
Market Opportunity Assessment By Type

About Us-

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