Alcohol Industry Analysis in India is poised for substantial growth, with a projected valuation of US$ 112,338.9 million by 2034, marking a significant rise from US$ 55,840.0 million in 2024. The Indian alcohol market experienced growth over the study period as a result of growing levels of urbanisation, population growth (particularly in metropolitan areas), and rising disposable income. …
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India’s Alcohol Industry Poised for Remarkable Growth: Projected Valuation of US$ 112,338.9 Million by 2034 with a 7.2% Annual Growth Rate
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 …
Alcohol Industry Analysis in India: Projected Growth to US$ 112,338.9 Million from 2024 to 2034
India’s alcohol industry is poised for substantial growth, with a projected valuation of US$ 112,338.9 million by 2034, marking a significant rise from US$ 55,840.0 million in 2024. During the research period, the Indian alcohol market grew due to increased urbanisation, population growth (particularly in metropolitan areas), and rising disposable incomes. During this period, bar and cocktail culture …
Intoxicating Growth: An In-depth Analysis of India’s US$ 112,338.9 Million Alcohol Industry in 2034
India’s alcohol industry is poised for substantial growth, with a projected valuation of US$ 112,338.9 million by 2034, marking a significant rise from US$ 55,840.0 million in 2024. During the research period, the Indian alcohol market grew due to increased urbanisation, population growth (particularly in metropolitan areas), and rising disposable incomes. During this period, bar and cocktail culture …