Indian Distilled Spirits Market Trends, Size, Competitive Analysis and Forecast - 2019-2025


Posted February 14, 2020 by larebomrglobal

Indian Distilled Spirits Market Size, Share & Trends Analysis Report by Type, by Distribution Channel, Forecast Period 2019-2025

 
The Indian distilled spirits market is estimated to grow at a CAGR of around 4% during the forecast period. The increasing disposable income, growing acceptance of alcoholic beverages in social circles, and inclining consumer preference toward premium varieties of IMFL (Indian made foreign liquor) is expected to result in gradual growth in favor of premium brands. IMFL includes brown spirits such as whisky, rum, and brandy; and white spirits such as gin, vodka, and white rum. Imported alcoholic beverages are consumed less than locally manufactured brands in India. The imported brands are mostly preferred by the rich and upper middle class in urban cities and are also popular among young professionals and entrepreneurs. Thus, the increasing demand for imported bands by these individuals is further expected to contribute to the growth of the Indian distilled spirits market in the near future.

A full Report of Indian Distilled Spirits Market is Available at: https://www.omrglobal.com/industry-reports/indian-distilled-spirits-market

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 distilled spirits in the country.

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The Report Covers

• Comprehensive research methodology of the Indian distilled spirits market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the Indian distilled spirits market.
• Insights about market determinants which are stimulating the Indian distilled spirits market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.

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Indian Distilled Spirits Market Segmentation

By Type

• Whiskey
• Vodka
• Rum
• Gin
• Tequila
• Brandy
• Others

By Distribution Channel

• Online
• Offline

Company Profiles

• Anheuser-Busch InBev
• Bundaberg Brewed Drinks Pvt. Ltd.
• Carlsberg Breweries A/S
• Constellation Brands Inc.
• Diageo PLC
• Heineken Holding N.V.
• Molson Coors Brewing Co.
• Pernod Ricard S.A.
• SABMiller PLC
• United Breweries, Ltd.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/indian-distilled-spirits-market

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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Tags food beverage market , indian distilled spirits market analysis , indian distilled spirits market growth , indian distilled spirits market segmenations , indian distilled spirits market share , indian distilled spirits market size
Last Updated February 14, 2020