Overview of Brewing Industry and its Business Model in India

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April 14, 2022

   atticus
Objective: 

To get an overview of the Brewing industry in India by means of Market Summary and understanding its Business Model

Research & Approach Methodology: 

To understand the market by taking the following factors into consideration:

  1. Growth
  2. Revenue
  3. Top Companies
  4. Beer Prices
Insights: 
  1. The alcoholic beverage market can be classified into three classes: Beer, wine and spirit
  2. Beer is the second most popular alcoholic beverage after whiskey, in India
  3. Globally, the Indian alcohol market is the third largest and the fastest growing
  4. It is expected to grow by 25 percent to $41 billion by 2022, according to a recent report by Euro monitor
  5. Market is dominated by few companies like UB Spirits, Sab Miller, Radico Khaitan and Amber Distilleries Ltd
  6. Revenue in beer segment amount to US $ 13770m in 2020 and market is expected to grow annually 12.5% CAGR (2020-23)