Pro
Food & Beverage
Australia & New Zealand Dried Fruits MARKET By Application
| Label | USD Million |
|---|---|
| 2018 | 6.721858853215663 USD Million |
| 2019 | 15.143554670605388 USD Million |
| 2020 | 30.76715621890207 USD Million |
| 2021 | 45.42019578316667 USD Million |
| 2022 | 123.911171054295 USD Million |
| 2023 | 252.35910010084623 USD Million |
| 2024 | 296.8088580910629 USD Million |
| 2025 | 353.3483785377323 USD Million |
| 2026 | 426.3647466830911 USD Million |
| 2027 | 521.8791406478123 USD Million |
| 2028 | 652.5143683141353 USD Million |
| 2029 | 826.3728635604751 USD Million |
| 2030 | 1053.89533660881 USD Million |
| 2031 | 1357.7848249240506 USD Million |
| 2032 | 1771.1996836461246 USD Million |
Data Source: Wantstats Repository
Market Dynamics
India is set to become a significant powerhouse in the hard seltzer market in the coming years. The growing middle class combined with rising demand for lighter drinks among Millennials and Generation Z could lead to the value of the Indian hard seltzer market growing from $4.9 million in 2018 to $23.2 million in 2032. The demand for low-alcohol beverages in India is being driven by factors such as changing consumer preferences for healthier lifestyle and more flavours and options. India's growing youth population, health-conscious middle class, and rising disposable incomes have together created a perfect fertile base for the hard seltzer market to take off. The growing demand for hard seltzer is likely to drive up the overall sale of beer as well, as it attracts new consumers. Additionally, the existence of multiple distribution channels including online platforms will enable hard seltzer producers to easily reach out to a wider consumer base. Relaxed governmental regulations around alcoholic drinks are also likely to further drive growth in the sector.
Recent regulations put in place regarding the taxation structure for alcoholic beverages, including labeling, taxation, and other technicalities are likely to help lower the cost of hard seltzers for consumers, eventually increasing their popularity. Overall, the Indian hard seltzer market is set for significant growth in the coming years. With the potential for an increased overall sale of beer, relaxed governmental regulations, and multiple distribution channels, it is likely to become the new favorite of both Millennials and Generation Z.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.
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I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
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We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Co-Founder, Mojave Rail Fabrication Limited
This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.