India Draught Beer Market Size & Outlook, 2023-2030
India draught beer market, 2018-2030 (US$M)
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India draught beer market highlights
- The India draught beer market generated a revenue of USD 177.1 million in 2023 and is expected to reach USD 327.5 million by 2030.
- The India market is expected to grow at a CAGR of 9.2% from 2024 to 2030.
- In terms of segment, keg beer was the largest revenue generating type in 2023.
- Keg Beer is the most lucrative type segment registering the fastest growth during the forecast period.
Draught beer market data book summary
| Market revenue in 2023 | USD 177.1 million |
| Market revenue in 2030 | USD 327.5 million |
| Growth rate | 9.2% (CAGR from 2023 to 2030) |
| Largest segment | Keg beer |
| Fastest growing segment | Keg Beer |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Keg Beer, Cask Beer |
| Key market players worldwide | Heineken NV, Anadolu Efes Biracilik ve Malt Sanayi AS ADR, Molson Coors Beverage Co Class A, China Resources Beer (Holdings) Co Ltd, Carlsberg A/S Class B, Kirin Holdings Co Ltd |
Other key industry trends
- In terms of revenue, India accounted for 0.4% of the global draught beer market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China draught beer market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 327.5 million by 2030.
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Draught Beer Market Scope
Draught Beer Market Companies
| Name | Profile | # Employees | HQ | Website |
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India draught beer market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to draught beer market will help companies and investors design strategic landscapes.
Keg beer was the largest segment with a revenue share of 87.46% in 2023. Horizon Databook has segmented the India draught beer market based on keg beer, cask beer covering the revenue growth of each sub-segment from 2018 to 2030.
Certain cities and states in India stand out as lucrative markets for the beer industry. Metropolitan areas like Mumbai, Delhi, Bengaluru, and Pune have witnessed a surge in beer consumption due to their cosmopolitan demographics and thriving nightlife scenes. Additionally, states such as Goa and Kerala, with their tourism-driven economies and relaxed alcohol regulations, also present lucrative opportunities for the beer industry.
Presently, India's beer culture reflects a blend of traditional preferences and modern trends. While mass-produced lagers remain popular, there is a growing demand for craft beers, specialty brews, and experiential drinking establishments such as microbreweries and beer bars. For example, Bira 91, Simba, and White Owl have significant popularity in recent years for its craft beers, including draught varieties, known for their unique flavors and contemporary branding.
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Our clientele includes a mix of draught beer market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India draught beer market , including forecasts for subscribers. This country databook contains high-level insights into India draught beer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India draught beer market size, by type, 2018-2030 (US$M)
India Draught Beer Market Outlook Share, 2023 & 2030 (US$M)
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