India represents one of the fastest growing alcoholic drinks markets in the world on account of rise in disposable income and greater acceptance of alcoholic drinks as a life style product especially by country's middle class consumers. In addition, one of the lowest per capita alcohol consumption rate coupled with enormous consumer base is all set to drive the market which will secure an exponential growth curve of over 9% CAGR (in volume terms) by 2013, says our new market research report "Indian Food and Drinks Market: Emerging Opportunities".
We have done extensive research on the Indian food and drink market and identified various decisive trends undergoing in the market. We have inferred that Wine is expected to register CAGR of 14.5% during forecast period, highest among all alcoholic drinks. Favorable and promotional government policies, higher disposable income and growth in foreign tourists are fueling growth in the Wine industry and providing a solid platform for new market players to tap the emerging opportunities.
Apart from Wine, Beer is the potential area of opportunities as the market is forecasted to post double digit growth during 2009-2013 due to its increasing popularity among youngsters and western culture influence. In contrast, the competition level in this segment is moderate; thus it asks additional players to provide answers to overflowed demand.
"Indian Food and Drinks Market: Emerging Opportunities" conceptually evaluates past and present key market trends and facilitates an analytical outlook of all the relevant segments of the food and drink industry within Indian perspective. Our report also provides detailed analysis of the factors fueling growth in the industry and gives forecast for various segments and sectors of the industry. Report has been made after measuring the impact of world economic slowdown on the Indian food and drink industry; thus it provides the refined understanding of the market within current economic outlook.
For more information visit: http://www.foodsectornews.com/Report/IM141.htm |
