Alcobev Industry-Introduction

Beverage industry

1. BEVERAGE INDUSTRY

2. The Beverage Industry I ncludes companies that market nonalcoholic and alcoholic items. Since growth opportunities are few compared to existing business, many members of the industry endeavor to diversify their offerings to better compete and gain share. They may pursue lucrative distribution arrangements and/or acquisitions to expand their operations, product portfolios, and geographic reach.

3. Non alcoholic Segment Non-alcoholic beverages are broadly segmented into soft drinks and hot drinks. Soft drinks typically contain carbonated/non-carbonated water, sweeteners, and flavoring ingredients. Soft drinks market segment includes carbonates, juice, bottled water, ready-to-drink tea and coffee, and sports & energy drinks On the other hand, hot drinks market segment comprises of coffee and tea.

4. Non alcoholic Segment -Global The global nonalcoholic beverage market size was valued at USD 967.3 billion in 2016. The market is anticipated to grow at an estimated CAGR of 5.8% from 2017 to 2025 owing to factors such as rising disposable income, population growth, and changing lifestyle. Increasing concerns regarding obesity and health awareness are expected to trigger the growth of functional beverage and bottled water product segment, while at the same time limit the demand for carbonated drinks.

5. Non alcoholic Segment-Indian Non-alcoholic beverage market in India, evidently similar to the global scenario, is dominated by two giant players in the beverage industry: Coca-Cola Company and PepsiCo , Inc. These companies combined together account for around 60% of the carbonated-drinks market in India. In the meanwhile, fruit-based beverage market is dominated by players including Dabur , Parle Agro, and HUL. As per market research, the non-alcoholic beverage industry in India stood at US$2.5 billion in 2015. The market is estimated to grow at a CAGR of over 17% in between the period from 2016 to 2020 to reach US$4.9 billion by 2020. The following figures depict the growth of non-alcoholic beverage industry in India from 2011 to 2015, and the estimated growth from 2016 to 2020.

6. Alcobev Industry The brewers, vintners(wine merchant), distillers, importers, distributors, and retail or online outlets that sell or serve beer, wine, and distilled spirits. The alcohol beverage industry generally follows a government regulated three-tiered system of manufacturer, distributor and retailer. The alcohol beverage industry, as any other industry, works and develops as business, with shareholder’s interests as the leading dictum.

7. Alcobev Industry Alcoholic Beverages Market was valued at $1,344 billion in 2015, and is projected to reach $1,594 billion by 2022, growing at a CAGR of 2.1% from 2016 to 2022 Asia-Pacific is the leader in alcoholic beverages market in both volume and value terms, and is expected to continue leading the market through 2022.

8. Alcobev Industry In terms of value, distilled spirits segment is expected to grow at a CAGR of 2.4% during the forecast period. In Asia-Pacific, India is estimated to be the fastest growing country, in terms of value, growing at a CAGR of 2.4% during 2016-2022. Supermarket as a distribution channel occupied around one-thirds of the global market share in 2015, in value terms. China accounted for half of the Asia-Pacific alcoholic beverages market in 2015, and is expected to grow at a significant CAGR of 2.3%, in terms of value.

9. Alcobev Industry India represents one of the most compelling spirits opportunities in the world. The Indian total beverage alcohol market is worth £5.3b and is forecast to grow at 8-10% CAGR in value over next 5 years. A favourable demographic dividend with an increase of 270m in the working age population by 2030 is good news for the alcobev industry. 19mn new Indian consumers enter the legal drinking age each year; 1bn+ within 10 years. So the economic and demographic opportunity is extremely attractive.

10. Alcobev Industry India’s alcohol industry is the third largest(China, Russia) in the world with a value of $35 billion. The industry is divided into three categories: Indian Manufactured Foreign Liquor (IMFL), beer, and homemade liquor(Country liquor) Whiskey dominates the IMFL category, and India has the largest whiskey industry in the world. (growth rate of 11.9%) India-based United Spirits Limited’s McDowell’s No. 1 is the most prominent whiskey. Its Royal Challenge and Bagpiper are also popular. Other prevalent whiskeys include French Pernod Ricard’s Imperial Blue, Seagram’s Blender’s Pride, and Royal Stag and Japanese Beam Global’s Teacher’s. Rum is the second most common spirit in India. India-based Mohan Meakin Ltd.’s Old Monk is popular. Gin and vodka also comprise the IMFL category, growing in demand among urban youth and women. Bermuda-based Bacardi’s Bombay Sapphire gin and U.K.-based Diageo’s Smirnoff vodka are top products.

11. Alcobev Industry Beer market in India is third largest and second fastest in Indian alcohol market Categorized in Strong and mild beer Growth rate 17% per year Wine Industry is relatively new in India

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