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 …
Tag Archives: Alcohol Industry
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 …