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What is the best substitute to whiskey & wine which leaves you high and burns a hole in your pocket?
Posted: Jul 24, 2020
The price of whisky,wine and other alcoholic beverages is increasing since a long time and are expected to further increase owing to rising inflation and changing in government rules and policies. Beer only seems to be the best drink which comes easy in the pockets of Indian consumers.
Beer is considered to be one of the most popular drinks after water tea and coffee in the world. Beer is a drink produced by brewing malted barley; the other alternatives of malted barley which are used are wheat, maize (corn), and rice. Many scholars of history believe that Beer is amongst the oldest and widely consumed alcoholic drinks in the world. Beer in India is the most consumed drink after whisky. Beer is considered be more popular between the corporate employees, youths and women for its offerings such as a low level of alcohol by volume with less drunkenness, lower prices, and many more.
Major companies that operate into Indian Beer market are United Breweries Limited, Carlsberg India Private Limited, Crown Beer India Private Limited, SABMiller India Limited, Mohan Meakin Limited, Molson Coor Cobra India Private Limited, B9 Beverages Private Limited, Devans Modern Breweries Limited, SOM Distilleries and Breweries Limited.
Report: India Beer Market Outlook, 2023
Base Year: 2016-17, Estimated Year: 2017-18, Forecast Year: 2022-23
Pages: 95, Figures: 32, Tables: 24.
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