Indian Alcohol Market in Good Shape in 2026; COVID-19 to Affect Future Growth Trajectory
India has undergone a significant transformation in terms
of technology adoption in the last few years. According to Future Market
Insights, increased adoption of technology across emerging segments is expected
to open opportunities for premium alcohol markets in India. Consequently, new
manufacturing plants are being established in the subcontinent to increase
customer base and improve the quality of alcohol produced. The alcohol industry
in India exhibits technological up gradation by introducing bioprocess
technologies that can improve alcohol quality and increase production levels. A
newly published report by Future Market Insights titled “Alcohol Market: India Industry
Analysis and Opportunity Assessment, 2016–2026,” offers
insights on the advancements in the India alcohol market. What makes this
report exclusive is the PESTLE analysis, through which our analysts have tried
to highlight the political, economical, social, technological, legal and
environmental factors impacting the India alcohol market over a projected 10
year forecast period from 2016 to 2026.
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After a comprehensive study of this market,
our analysts have come to a conclusion that political instability and economic
slowdown are two major factors expected to hinder the growth of the premium
alcohol market in India. For instance, India has different regulations from the
rest of the world. Every state has different rules for alcohol consumption. In
some states such as Gujarat sale of alcohol is banned whereas in some states
there is a time limit on the sale of alcohol. The study also demonstrates market
dynamics that are expected to influence the current environment and future
status of the India alcohol market over the forecast period. The primary
objective of this report is to offer updates on trends, drivers, restraints,
value forecasts, and opportunities for manufacturers operating in the India
alcohol market.
An exclusive report with a detailed study
of the alcohol market in all four regions of India
Overall internal competition in the India
alcohol market is comparatively low due to less number of major providers of
alcohol in the market. The report discusses how the overall competition in the
market is steadily increasing. It also discusses various factors that are
shaping internal as well as external competition in the India alcohol market.
The report provides a market outlook for 2016–2026 and sets the forecast within
the context of the India alcohol ecosystem, including new technological
developments as well as product offerings in the India alcohol market. This
study discusses key regional trends contributing to the development of the
India alcohol market, as well as analyses the degree to which drivers are
influencing the market in each region. Key regions assessed in this report
include South India, North India, East India, and West India.
A competitive landscape has been included
in the report to provide readers with a dashboard view of key categories of
providers who are primarily Indian alcohol suppliers. Detailed profiles of the
providers are also included in the scope of the report to evaluate their
long-term and short-term strategies, key offerings and recent developments in
the India alcohol market.
The key segments covered in this report
are:
By Type
·
IMFL
o
Brandy and Cognac
o
Rum
o
Whiskies
o
White Spirits
o
Others
·
Beer
o
Mild
o
Strong
·
Wine
o
Red Wine
o
White Wine
o
Rose Wine
·
Country Liquor
By Make
·
Imported Liquor
·
Indian Made Foreign Liquor
·
Foreign Liquor Bottled in India
·
Indian Made Indian Liquor
By Gender
·
Male
·
Female
By Ingredients
·
Grains
·
Molasses
·
Fruits and Vegetables
By Distribution Market
·
Government Controlled
·
Open Market
·
Auction Market
By Region
·
South Zone
·
North Zone
·
East Zone
·
West Zone
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Our research methodology
In this report, we have not only conducted
the market forecast in terms of CAGR but have also analysed the market on the
basis of key parameters such as year-on-year (Y-o-Y) growth to understand the
predictability of the market and to identify the right opportunities. Also,
another important feature of this report is the analysis of all key market
segments in terms of absolute INR. Absolute INR opportunity analysis is
critical in assessing the level of opportunity that a provider can look to
achieve, as well as to identify potential resources from a sales and delivery
perspective in the India alcohol market.
·
Yearly change in inflation rate has not
been considered while forecasting market numbers
·
Product wise weighted Average Selling Price
(ASP) has been considered to deduce market values
·
Top-down approach has been used to assess
market numbers for each product category
·
Bottom-up approach has been used to counter
validate the reached market numbers
·
Macroeconomic indicators such as GDP,
wholesale and retail trade, merchandise trade, prices etc., have been
considered to arrive at the indicated market numbers
·
All the values for market size are
estimated in INR
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