The Indian beer market is expected to grow at a CAGR of more than 4% during the forecast period. The factors contributing to the market growth include increasing demand for alcoholic beverages in the country due to their huge population base, growing consumption of alcohol by the young generation, and rising disposable income. The changing social norms and the growing acceptability of alcohol have led to high and regular alcohol consumption among people in the region.
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The growing alcohol consumption in the country is one of the major factors that contribute to market growth. According to the WHO, the recorded alcohol per capita (15+) consumption was 2.7 liters in 2010 that increased to 3.0 liters in 2016. Additionally, unrecorded alcohol per capita (15+) consumption was 1.5 liters in 2010 that further increased to 2.6 liters in 2016 and is projected to increase in the near future that increases the demand for alcoholic beverages in the country.
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Indian Beer Market Segmentation
By Type
- Lager
- Ale
- Others
By Category
- Regular Beer
- Premium Beer
By Packaging Type
- Glass Bottles
- Cans
- Others (Plastic Bottles)
Company Profiles
- Anheuser-Busch InBev
- Bacardi Ltd.
- Diageo PLC
- Globus Spirits Ltd.
- Heineken Holding N.V.
- IFB Agro Industries, Ltd.
- Molson Coors Brewing Co.
- Pabst Brewing Co.
- SABMiller PLC
- United Breweries, Ltd.
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