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The State of the Booze Business: What Does the Future Hold?

Booze Business

This shift is reflected in the market with beer sales stagnating, wine offering alcohol-free alternatives, and spirits brands introducing non-alcohol versions of cocktails. The functional beverage market is projected to reach $261 billion by 2032, with a CAGR of 6.5%. billion in annual sales by 2032.

Alcohol 246
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Significant Shift Towards Higher-Quality Beers

Spiritz

The Indian beer industry faces innumerable challenges in terms of pricing and government taxation that makes it out of reach for many a drinker who would like to experience beer in a pub or a permit room. The scenario, when it comes to remain competitive and adapt to drinking beer in India, is definitely changing.

Beer 111