Beer is that the world's oldest beverage, possibly dating back to the 6th millennium BC. It’s also the most widely consumed beverage and therefore the third most popular drink overall after water and tea. Produced by the brewing and fermentation of starches, mainly derived from cereals — the foremost common of which being barley. Beer forms a part of the culture of the many nations, and has acquired various social traditions and associations. Beer is consumed in countries everywhere the globe. Sales of beer are fourfold that of wine and in most societies, beer is that the most popular beverage.
Today, the brewing industry may be a global business, consisting of several dominant multinational companies and lots of thousands of smaller producers starting from brewpubs to regional breweries. Among the alcoholic drinks, Beer is quite common and popular in almost every Country of the world. People of various Countries take beer in varying very similar to a beverage in European Countries it's just a substitute of water. The alcoholic contents and main source stuff also keep varying consistent with the tests of the most important a part of population of the actual country although it's a fashion to invite beer of each origin in every Country.
Wine is fermented fruit juice. Wine are often made up of grapes, fruits, berries etc. Most wine, though, is formed from grapes. And regardless of what the wine is formed from, there must be fermentation, that is, that sugar be transformed into alcohol. If the quantity of alcohol is comparatively low, the result is wine. If it's high, the result's "distilled liquor," like gin or vodka. Wine result when the crushed grape skin pulp and seeds of purple or red varieties are allowed to remain with juice during ermentation periods. Pink/rose wine can be produced by removing the non-juice pumace from the must during fermentation.
The Global Beer Market was valued at $593,024 million in 2017, and is projected to reach $685,354 million by 2025, growing at a CAGR of 1.8% from 2019 to 2025. The origin of beer dates to the early Neolithic period, and is one of the oldest and the most consumed alcoholic beverages in the world.
The annual growth in the Indian beer market has been around 8% in the recent years, which compares well with the growth in China. But the Chinese market of 20 mn kl is over 25 times more than the Indian market of over 900,000 kilolitres. The Beer market in India will grow at a CAGR of 16.94 percent and 14.57 percent on the basis of revenue and volume.
The growing popularity of wine in India is generating lots of interest among big and small wine producers. This is also reinforced by the fact that the cost for opening and setting up of wine plants with capacity of around 100,000 lts comes only to somewhere between Rs. 10-15 mn mark. As a result many entrepreneurs, Indian and foreign, are entering in this sector.
The market for super-premium vodka category in India, priced upwards of Rs. 2,500 per qt, is estimated at about 7,000 cases annually, and is growing at about 30%.
Wine makes up only a fraction of the overall alcoholic drinks market, but is growing nearly three times as fast as whisky or rum, the traditional favourites. India's top three wine makers have more than two-thirds of the market of more than 5 mn bottles, valued at Rs. 2.4 bn or USD 60 mn. The segment is seeing bigger demand even for pricey sparkling wine. One estimate has put India's total wine market at around 0.9 mn cases. Of this, imported wine constitutes 1,50,000 cases. In a global perspective, this is really miniscule. The wine market in the US is estimated at 250 mn cases and in France around 320 mn cases. On this account itself, this obviously translates into a huge opportunity.
Indian red wines, it's more of increasing popularity of white, sparkling, rose and other wines into the Indian market. The Indian consumers have stared exploring other variants of wines from just red wines.
The consumption of Wine in India is found to be increasing with rise of awareness of wine as a good drink for health. The wine market of India observed growth with a CAGR of over 25% in past five years.
The global wine market was valued at US$ 296.03 billion in 2016 and is slated to reach US$ 404.64 billion by 2025. The market is expected to exhibit a CAGR of 3.23% during the forecast period (2017-2025). As a whole any entrepreneur can venture in this project without risk and earn profit.
Few Indian major players are as under
United Breweries Ltd.
Som Distilleries & Breweries Ltd.
Premier Breweries Ltd
Parag Breweries Ltd.
Mount Everest Breweries Ltd.
Lilasons Breweries Ltd.
Kalyani Breweries Ltd.
Hindustan Breweries & Bottling Ltd.
Him Neel Breweries Ltd
