Alcohol Industry Analysis in India 2034: Navigating Through the Evolving Landscape
India’s alcohol industry is expected to be worth US$ 55,840.0 million by 2024. Sales of alcoholic drinks in the country are expected to grow at a 7.2% CAGR over the assessment period, reaching US$ 112,338.9 million by 2034.
During the study period, the Indian alcohol market expanded due to increased urbanization, population expansion (especially in metropolitan areas), and rising disposable income. During this time, bar and cocktail culture extended across major cities, as did the country’s demand for alcoholic beverages. The Indian alcohol
Like
Comment
Share
