Alcobev Industry Primed For Robust Expansion Led By Domestic Players: Systematix

NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Systematix Research Report.We hosted a discussion with an alcoholic beverage sector expert with leadership experience in the Liquor Industry. The discussion centered around the recent trends and outlook for the sector going ahead. Key takeaways: Indian made foreign liquor industry size stands at 350-400 million cases annually with whisky/ brandy/ rum/ vodka/ gin contribution standing at 60%/24%/9%/4%/3% respectively; During the last few years the IMFL industry volumes have been growing at 7-8% CAGR, however excise duty rationalization and favorable State Government policies shall lead to 8-10% volume growth in FY25E; Prestige and Above category has witnessed a strong growth in the last couple of years, wherein the share of P&A in IMFL industry has increased to 26-27% from 20% earlier. North India has been the major contributor to the P&A category. Indian companies too have been playing a major role in launching new products in the P&A space; Vodka which was considered more of an urban beverage has seen rise in consumption in rural post Covid. This has led to rise in the rural share of Vodka from 30% during pre-Covid to 40% now; On brandy, 90% of the brandy consumption comes from South India. Due to absence of any kind of country liquor in South brandy was being consumed which led to a rise in the category; Ready To Drink are experiencing healthy growth in the urban markets however the addressable market for RTDs is small; In the Beer category, Kingfisher the market leader is losing share to players such as Budweiser and Tuborg;In the wine space, the category is witnessing a decline as consumers are shifting to vodkas and gins..Click on the attachment to read the full report:.India Economy And Strategy - Bank Deposit Quagmire And Its Consequences: Systematix.DISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Alcobev Industry Primed For Robust Expansion Led By Domestic Players: Systematix

Indian companies are launching single malts, moreover, the entry level single malts of Indian brands are priced higher than international brands.

NDTV Profit

NDTV Profit

Follow Us

DOWNLOAD THE APP

Alcobev Industry Primed For Robust Expansion Led By Domestic Players: Systematix

Indian companies are launching single malts, moreover, the entry level single malts of Indian brands are priced higher than international brands.

Choose a plan

Follow Us

DOWNLOAD THE APP