Beer Market in India to witness market growth of USD 4449.19 mn through 2023-2027

The growth of online retailing of beer is notably driving the Beer market in India by storm. The Internet has enabled increasing beer sales and marketing in India. The beer market size in India is estimated to grow by USD 4,449.19 million which accounts CAGR of 8.76% between 2022 and 2027. Our report captures the growth trajectory of the market and is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking. 

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Navigating the business drivers: Consumer migration from traditional to online to omnichannel retail and rapid internet penetration in India are expected to drive market growth in the next five years.

• Online retailing of beers is driving the Indian Beer market growth. Small businesses are getting acknowledged by E-commerce. Craft beer makers are getting visibility in front of a wide range of consumers on online trading platforms along with vendors thus boosting more sales to Internet-savvy customers.

• The trend is also influencing the demand for premium beers with rising disposable income significantly in the Indian Beer Market scenario Thus, increasing demand for premium and craft beers across India is expected to boost the overall market growth.

For example, recently, Heineken announced the launch of Heineken Silver, expanding its presence in the premium beer category in India. Premium beer is widely favored for its authenticity, taste, and brand. 

• Vendors are capitalizing on growth opportunities through various strategic measures, and players are constantly upgrading themselves to enhance their market presence.

BROUWERIJ DE BRABANDERE NV, Carlsberg Breweries AS, Devans Modern Breweries Ltd., Diageo Plc, Gateway Brewing Co. LLP, Heineken NV, KALS Distilleries Pvt. Ltd., Kati Patang, MAHOU SA, etc some of the leading market players worth mentioning.

For instance, Asahi Group Holdings Ltd is involved in the production and supply of alcoholic beverages, non-alcoholic beverages, and various food brands. Our report captures the growth trajectory of the market and is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking with a wider understanding of the business ecosystem as well as the strengths and weaknesses of key market players. Get a comprehensive report summary on request.