Beer is globally the third most popular drink after water and tea. The beer industry is on the rise according to the craft beer hype. Craft beer has boosted the business of micro-breweries in India.
The wine production increased in India due to a growing middle class. Major wine producers in Europe are likely to set up their manufacturing facility in the country considering it is a lucrative market.
With a rise in health awareness and the easy availability of bottled water, the per capita consumption of bottled water in India is on the increase. Growth of sales of bottled water is being driven by rising incomes.
India’s packaged juice market has charted a high growth trajectory, thanks to its easy availability, anytime-anywhere consumption, and convenience. Millennials in India are more health conscious and monitor what they consume.
India has been the leading producer and consumer of dairy products worldwide since 1998 with a sustained growth in the availability of milk and milk products.
vinegar, mustard, ketchup or soya, etc.
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