Opportunity Outlook for the Brandy & Rum Market in India 2018-2023: Value, Volume, Avg Selling Price, Region and Distribution Channels

DUBLIN, July 9, 2018 /PRNewswire/ --

The "India Brandy & Rum Market Outlook, 2023" report has been added to ResearchAndMarkets.com's offering.

Indian is one of the world's largest Alcoholic beverages markets which is currently dominated by whisky. The underdogs of Indian alcoholic beverages market are Brandy, Beer and Rum. On terms of market size by value Brandy stand second, Beer third and Rum is considered to be fourth.

The India Brandy and Rum market is forecasted to grow with a CAGR of more than 9% from 2022-2023.

The push of premiumization by many firms would lead to this high growth of market in terms of value, while the growth in terms of volume is expected to be low. While Rum and brandy are the traditional drinks of Indian army. Brandy being majorly present in the southern states currently is expected to grow in the north and other regions which would lead to high growth of brandy in near future. While promotion of brandy as medicine may further boost the brandy sales.

The India rum market is on a decline in terms of volume with a negative CAGR of around 1% from 2011-2012 to 2016-2017. In terms of value the market shows a small growth rate due to premiumization and increasing consumption of white rum which are generally segmented in premium range. So, despite reducing consumption the market size by value is still forecasted to increase in upcoming years.

India since old age is considered to be a whisky consuming nation and is accounted for consuming around half of the worlds whisky. Brandy being second to whisky accounts for more than 15% of total alcoholic beverages market and is no were near the Indian whisky market. While Indian brandy market shows high growth opportunity as the market is currently only saturated in south regions, the growth in other regions would make brandy computable to whisky but it may take many years to do so. While in case of rum despite being fourth in Indian alcoholic beverages market it accounts for a very less percentage in over all market and is in a declining stage.

Key Topics Covered

1. Executive Summary

2. Indian Alcoholic Beverages Market Outlook
2.1. Market Size
2.1.1. By Value
2.1.2. By Volume
2.1.3. By Average Selling Price
2.2. Market Share
2.2.1. By Region (Alcohol Consumption)
2.2.2. By Demographics
2.2.3. By Distribution Channels

3. India Brandy and Rum Market Outlook
3.1. Overall Market Size
3.1.1. By Value
3.1.2. By Volume
3.2. Market Share By Segment

4. India Brandy Market outlook
4.1. Market Size
4.1.1. By Value
4.1.2. By Volume
4.1.3. By ASP
4.2. Market Share
4.2.1. By Company
4.2.2. By Region
4.2.3. By Distribution Channel
4.3. Regular brandy Market
4.3.1. Market Size
4.3.1.1. By Value
4.3.1.2. By Volume
4.4. Premium & Super Premium Brandy Market
4.4.1. Market Size
4.4.1.1. By Value
4.4.1.2. By Volume

5. India Rum Market Outlook
5.1. Market Size
5.1.1. By Value
5.1.2. By Volume
5.1.3. By ASP
5.2. Market Share
5.2.1. By Company
5.2.2. By Brand
5.2.3. By Product type
5.3. Regular Rum Market
5.3.1. Market Size
5.3.1.1. By Value
5.3.1.2. By Volume
5.4. Premium Rum Market
5.4.1. Market Size
5.4.1.1. By Value
5.4.1.2. By Volume

6. Product Price Variant Analysis

7. PEST Analysis

8. Trade Dynamics

9. Market Dynamics
9.1. Key Driver
9.2. Key Challenges

10. Market trends and Development
10.1. Premium products' consumption are in trend
10.2. Attractive packaging woo the consumers
10.3. Modernization of Indian Culture
10.4. Stress Reliever-Brand & Rum
10.5. Increasing frequent consumption due to parties

11. Indian Economic Profile

12. Trade Dynamics
12.1. Export
12.2. Import

13. Competitive Landscape
13.1. Porter Five Forces
13.2. Company Profile
13.2.1. Pernod Ricard India Private limited
13.2.2. United Spirit Limited (Diageo Group)
13.2.3. Radico khaitan Limited
13.2.4. Allied Blenders and Distillers Private Limited
13.2.5. Jagatjit Industries Limited
13.2.6. John Distilleries Private Limited
13.2.7. Tilaknagar Industries Limited
13.2.8. Amrut Distilleries Private Limited
13.2.9. Som Distilleries and Breweries Limited
13.2.10. Bacardi India Private Limited

14. Strategic Recommendations

For more information about this report visit https://www.researchandmarkets.com/research/wvzm8n/opportunity?w=5

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