India Non Alcoholic Beer Market

Synopsis
The above chart is India Non Alcoholic Beer Market Outlook (2018 to 2032)

Market Dynamics

india is currently experiencing a surge in demand for non alcoholic beer. this is due to the cultural and religious beliefs of many indians, who do not drink alcohol due to religious and cultural reasonings. with this, the demand for non alcoholic beer in india is set to increase. in recent years, the excise duty on alcoholic beverages in india has increased, leading to an increase in the cost of such beverages relative to non alcoholic drinks. this has encouraged consumers to prefer non alcoholic drinks instead of alcoholic drinks. the non alcoholic beer industry in india is expected to develop with an increasing variety of non alcoholic beers that satisfy the tastes of people. with this, brewers are likely to focus on flavours that are popular with the indian consumers, such as sparkling non alcoholic beer. the growth in demand for non alcoholic beer is likely to be further bolstered by increased advertising of non alcoholic beer. this has helped to increase the consumer base for non alcoholic beer in india. the supply chain infrastructure for non alcoholic beer has also been improving, with the opening of more outlets that sell non alcoholic beer. this has enabled better segmentation of the market and an increase in availability of non alcoholic beer. increased health consciousness has also made non alcoholic beer increasingly attractive to consumers. the health benefits associated with non alcoholic beer have encouraged those individuals who are looking for a healthier alternative to alcohol. to capitalize on the growing demand for non alcoholic beer in india, manufacturers are expected to increase their production of non alcoholic beer, while adding in additional flavours to cater for the changing tastes of consumers. the indian non alcoholic beer market outlook for 2018 to 2032 thus looks quite positive, with an increasing demand from consumers and brewers looking to make the most of the growing market. the trends of health consciousness and rising excise duties on alcoholic beverages are likely to continue fuelling the growth of non alcoholic beer in india.