Beer Market in India 2014-2018: Market Reports on India

Navi Mumbai, India, January 31, 2015 --(PR.com)-- Summary: Beer is considered to be the world's most widely consumed alcoholic beverage. It is also regarded as the third most popular drink, after water and tea. Beer is an alcoholic beverage manufactured by the hydrolysis of starch and fermentation of the obtained sugar. The starch and enzymes are generally obtained from malted cereal grains such as malted barley and malted wheat.

In addition, most beer is also flavored with hops, which add bitterness and act as a natural preservative; however, other flavorings such as herbs or fruit might be included. This process of preparation of beer is called brewing. In India, beer is one of the fastest growing markets and is highly consumed by the people in India because of their growing disposable income, the increasing young population, and the rapid urbanization taking place in the country.

TechNavio's analysts forecast the Beer market in India will grow at a CAGR of 16.94 percent and 14.57 percent on the basis of revenue and volume, respectively, over the period 2013-2018.

Covered in this Report:
This report covers the present scenario and the growth prospects of the Beer market in India for the period 2014-2018. To calculate the market size, the report considers the total sales and consumption of beer in India.

To read the complete report at: http://www.marketreportsonindia.com/food-beverages-market-research-reports-1747/beer-market-in-india-2014-2018.html

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