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 …