Bottling of Country Liquor. Liquor Bottling Plant. Business Opportunities in Alcoholic Beverages Industry
Country Liquor Is a category of liquor made in the countryside of the Indian subcontinent, one of whose variants is there. It is traditionally prepared from a procedure that has been passed down for centuries. It is the primary and most popular alcoholic beverage in India’s villages and for the below poverty line class in urban and city areas. It is fermented and distilled from molasses which is a byproduct of sugarcane.
Country Liquor is a broad term and it can include both legally and illegally made local alcohol. The term Country Liquor usually refers to legal alcohol while other types of (Country Liquor arrack and palm toddy) may be categorized as Moonshine alcohol. Country Liquor. It is consumed in India from ancient times and is known by different names in different parts of the country.
Market Outlook
India is one of the fastest growing alcohol markets in the world. Rapid increase in urban population, sizable middle class population with rising spending power, and a sound economy are certain significant reasons behind increase in consumption of alcohol in India.
Country Liquor includes three segments such as wine, beer, and spirit. From the analysis presented, beverage raw material suppliers as well as alcoholic beverage producers will recognize that valuable opportunities exist in the global alcoholic beverage industry, due to impressive trends in demand quantity and growth, based on the various markets.
Market in USD Million Global
The growing demand for Country Liquor is considered to be one of the primary drivers for this market. Efforts by Country Liquor manufacturers for strengthening distribution channels and extension of purchase channels, such as online stores, and convenience stores, is also contributing substantially to the growth of the global Country Liquor market. Product innovation and economic growth are drawing the consumers to go for expensive Country Liquor beverages. New product launches and innovations in alcoholic drinks are favoring the growth of the industry.
The growth of Country Liquor industry of India. Also, increased stress, change of lifestyle, availability of products and product diversification are also helping Country Liquor sector to grow in India. Growing demand for alcoholic beverages in India is majorly attributed to the huge young population base and growing consumption of alcohol by the young generation as well as rising disposable income is strengthening the industry growth.
Global Country Liquor Market growth
The global alcoholic drinks industry is expected to exceed $1 billion in 2014 and is expected to witness moderate growth and reach an estimated $1.5 billion by 2018. Increasing demand of Country Liquor beverages in emerging countries because of their huge population base and growing consumption of alcohol by the young generation as well as rising disposable income supports the industry growth.
The Indian liquor Industry is one of the most vibrant in the world. The array of liquor sold in India is dazzling and demand for the same is growing among affluent Indians. India is one of the top markets for higher consumption and growing at a healthy rate. The Indian alcohol market is growing at a CAGR of 8.8% and it is expected to reach 16.8 Billion liters of consumption by the year 2022.
India alcoholic beverage industry is one of the biggest alcohol industry across the globe only behind from two major countries such as China and Russia. Growing demand for alcoholic beverages in India is majorly attributed to the huge young population base and growing consumption of alcohol by the young generation as well as rising disposable income is strengthening the industry growth. With population of 1.3 billion India is one of the largest consumer markets across the globe. It is also demographically one of the youngest with around 50% of its population below the age of 25 and around 65% below the age of 35. The majority of alcohol volume is consumed by people between the ages of 18 and 40.These demographic stats are expected to fuel the growth of alcoholic beverages market over the forecast period at rapid pace. Additionally, rapid urbanization of tier-II cities is further fueling the market growth.
Key Market Players
- SABMiller plc ,
- Anheuser-busch InBev ,
- Carlsberg,United Breweries Ltd.,
- Mohan Meakins,
- Radico Khaitan,United Spirits,
- United Breweries,
- Tilaknagar Inds.,
- Som Distilleries,
- Globus Spirits,
- Heineken NV,
- Carlsberg breweries A/S,
- Beam Suntory
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