India Beer and Cider Market Overview
Per GlobalData, the beer and cider market size in India was valued at LCU1,112.00 billion in 2023 and is expected to grow at a CAGR of >14% during 2024-2029. The demand for low-calorie products is steadily increasing in India, reflecting a broader trend towards healthier lifestyle choices. A stable economy has contributed to increased consumer confidence, which has positively impacted retail sales of beer and cider. In 2023, the Indian beer & cider sector’s volume sales surged by 10.3% annually.