The market is dominated by domestic suppliers, as imports account for 3.2% of total market size in 2023. Households drive market demand, with household spending representing 87.1% of total demand in 2023. India has the third largest market size for wines and cider regionally, with demand reaching USD2.7 billion in 2023. United Spirits Ltd is the largest company in India, generating 19.6% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 42.2% of total production value in 2023. The total number of companies decreases in 2023, to 54,453 units. The costs of the industry increase by 1.3% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 16.0% of production value in 2023, the fifth highest regionally. With production value of USD710 million, India accounts for 5.2% of the Asia Pacific total in 2023.
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This Euromonitor industrial report provides unique information on Wines and Cider in India: ISIC 1552. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Wines and Cider in India: ISIC 1552 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of food, beverages, and tobacco products.
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