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

Booze Business

The functional beverage market is projected to reach $261 billion by 2032, with a CAGR of 6.5%. billion in annual sales by 2032. Craft and Artisanal Products: While the craft beer boom has somewhat stabilized, there’s still strong interest in craft and artisanal products across all alcohol categories.

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Significant Shift Towards Higher-Quality Beers

Spiritz

Additionally, increasing consumer education about different beer styles and flavours could help expand the market for beer in India,” Gurjas Singh states. percent, the Indian beer market is expected to reach Rs 781.2 billion by 2032. With a compound annual growth rate (CAGR) of 7.1

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