Emergence of Craft Breweries and Increased Acceptance of Beer among Young Population fueled growth in the Indian Beer Market: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Analysts at Ken Research in their latest publication “India Beer Market Outlook to 2023 – By Beer Type (Strong, Mild and Craft Beer), By Region (North, South, West, and East), By Gender (Male and Female) and By Distribution (State/Government Corporations, Distributors and Retailers)” believe that with a relatively younger population and rising income levels, India observed an increase in acceptance of beer as a lifestyle product. Growth in the sector has also been fuelled by the increasing social acceptability of mild alcohol consumption among youth in the country. The market is expected to register positive CAGR of 5.7% in terms of revenue during the forecasted period FY’2018-FY’2023E. Increasing disposable income and availability of varied brands and product variants have pushed the growth of India Beer Market. The growth in consumption of beer is driven by the youth population and the consumers who consider beer a trendy drink, as compared with other traditional spirits. There is also a significant demand for premium imported beer in urban markets. Companies in this industry compete on the basis of product taste, product availability and quality. Manufacturers also invest in expanding their distribution network by establishing a strong distributor/retailer network. Distribution: As beer is strictly regulated by state authorities and there are multiple regulations, it becomes complex in terms of distribution and logistics with the presence of multiple counterparties as each state acts as a different entity, thereby limiting economies of scale in the market. Growth Potential: The Indian beer industry is heating up with a lot of foreign players entering the Indian market. The technological know-how and expertise will also enter the Indian market with an increase in competition. Growth in premium modern trade and on-premise outlets in metropolitan cities increased the range of product availability and improved the retail environment. Attitude towards alcohol is evolving, particularly among young urban-dwellers who are gaining an appetite for beer compared to liquor. Many people now prefer to consume beer owing to lower alcohol content and the availability of varied products. Brewpubs are attracting Indians away from industrial bottled beers. High end hotels and restaurants are keen to bring craft beer into their product portfolio. These establishments are keen to bring “The Beer on Tap“ concept back to serve their customer’s different styles of international quality delicious craft brews. Key Segments Covered:- By Beer Type: Strong Beer Mild Beer Craft Beer By Region (Demand): North South West East By Gender (Consumer Profile): Male Female By Distribution Channel: State/Government Corporation Distributors Retailers Key Target Audience: Beer Manufacturing Companies Spirit Manufacturing Companies Industry Associations Government and Regulatory Authority Investors and VC’s Time Period Captured in the Report: Historical Period – FY’2013-FY’2018 Forecast Period – FY’2018-FY2023E (FY refers to a fiscal year ending 31st March of every year; E refers to Estimated Numbers) Companies Covered: United Breweries Ltd. Anheuser-Busch InBev Carlsberg India Pvt. Ltd Mohan Meakin Limited B9 Beverages Pvt. Ltd Other Prominent Craft Beer Manufacturers in India Key Topics Covered in the Report:- Executive Summary Research Methodology India Beer Market Overview and Genesis India Beer Market Size, FY’2013-FY’2018 India Beer Market Segmentation, FY’2018 Snapshot on Craft Beer Market in India Trends and Developments in India Beer Market Issues and Challenges in India Beer Market Competitive Landscape in India Beer Market Company Profiles of Major Players in India Beer Market India Beer Market Future Outlook and Projections, FY’2018-FY’2023E Analyst Recommendation in India Beer Market For More information on the Report, click on the link below:- https://www.kenresearch.com/food-beverage-and-tobacco/alcoholic-beverages/india-beer-market/179512-11.html Related Reports by Ken Research:- https://www.kenresearch.com/food-beverage-and-tobacco/alcoholic-beverages/latin-america-consumable/176624-11.html https://www.kenresearch.com/food-beverage-and-tobacco/alcoholic-beverages/global-australian-craft-beer-market/176990-11.html https://www.kenresearch.com/food-beverage-and-tobacco/alcoholic-beverages/asia-pacific-wine/176858-11.html https://www.kenresearch.com/food-beverage-and-tobacco/alcoholic-beverages/wine-market-trends/176860-11.html Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Post Views: 12 Tags: Analyst Recommendations for India Beer Market, Beer Industry In India, Beer Market In India, Company Profile India Beer Market, Competition Scenario India Beer Market, Competitive Landscape India Beer Market, Craft Beer Market India, Emerging Future Trends India Beer Market, Future Growth Drivers in India Beer Market, India Beer Industry Research Report, India Beer Market, India Beer Market Analysis, India Beer Market Challenges, India Beer Market Consumer Profile, India Beer Market Consumption, India Beer Market Future Demand, India Beer Market Future Projection, India Beer Market Growth, India Beer Market Major Players, India Beer Market Outlook, India Beer Market Production, India Beer Market Research Report, India Beer Market Revenue, India Beer Market Size, India Beer Market Trends, Industry Research Report For India Beer, Market Research Report For India Beer, Market Share of Major Players in India Beer Market, Mild Beer Market India, Strong Beer Market India, top beer companies