Aarkstore: India’s Wine Market 2016


Posted August 10, 2016 by oliviaaarkstore

The Indian wine industry is expected to produce approximately 18 million liters of wine in 2016. The market is being driven by domestic consumption rather than exports

 
Aarkstore announces the publication of its Research Report “Assessment of India’s Wine Market 2016” is expected to produce approximately 18 million liters of wine in 2016.

Executive Summary

The Indian wine industry is expected to produce approximately 18 million liters of wine in 2016. The market is being driven by domestic consumption rather than exports. Domestic sales of wine grew by 20% in 2015. Wine is largely consumed by the urban population in India and close to 80% of the wine consumption comes from the metro cities including Delhi, Mumbai, Chennai and Kolkata.

While there are close to 70 wine producers in India, 90% of the production comes from five major players. Somant Soma’s Sula Vineyards is the largest wine player in the country followed by Grover Zampa. Other players include KRSMA Estates, Fratelli, Moët Hennessy and Seagrams. Although the wine industry in the country is facing several challenges such as high marketing costs, lack of skilled labor, and high duty on alcoholic beverages, our analysts feel that there exists huge growth potential. The number of potential wine consumers in India was estimated at 26.5 million in 2015 which is just 20% of the country’s total population.

Why should the report be purchased?

The report ‘Assessment of India’s Wine Market 2016’ highlights key dynamics ofIndia’s wine market. The growing opportunity in the sector has been investigated along with the market drivers.The initiatives and performance of key playersincluding Sula Vineyards, Grover Zampa, Fratelli, Moët Hennessy and Seagrams,along withthe current market scenario has also been studied. The report contains latest industry leader’s opinion.

Research methodology and delivery time

Smart Research Insights has conducted in depth secondary research to arrive at key insights. Data collected from key public industry sources and publications has been scanned and analyzed impartially to present a clear picture of the industry. All recent developments which impact the sector dynamics have been captured and used to support the research hypothesis.

The report is available as single-site single-user license. The delivery time for the electronic version of the report is 3 business days as each copy undergoes thorough quality check and is updated with the most recent information available. The dispatch time for hard copies 4 business days, as each hard copy is custom printed for the client

For more details about the Report: http://www.aarkstore.com/food-beverages/215834/assessment-of-indias-wine-market2016

Table of Contents

1. Global WineMarket
2. India Ice Cream Market
3. Competitive Landscape
4. Industry Outlook
5. Industry Leader’s Opinions
6. List of Charts and Graphs

More Related Reports @ http://www.aarkstore.com/agriculture-food/food-
beverages

About Aarkstore

Aarkstore Enterprise is a leading provider of business and financial information and solutions worldwide. We specialize in providing online market business information on market research reports, books, magazines, conference at competitive prices, and strive to provide excellent and innovative service to our customers.

Contact Details:

Aarkstore
Phone: 91 - 998 729 5242
Email - [email protected]
Blog: http://www.aarkstore.com/blog
Website: http://www.aarkstore.com
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Contact Email [email protected]
Issued By Olivia
Website Market Research Reports
Country India
Categories Business
Tags food and beverages market research reports , indias wine market , indias wine market2016
Last Updated August 10, 2016