Remove 2032 Remove Craft Beer Remove Promotion
article thumbnail

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%. These drinks often include added vitamins, minerals, or other health-promoting ingredients. billion in annual sales by 2032. Craft spirits are seeing growth as consumers seek unique and locally produced options.

Alcohol 246
article thumbnail

Significant Shift Towards Higher-Quality Beers

Spiritz

“To boost beer consumption in India, excise initiatives could include reducing tax rates on beer, streamlining licensing processes for microbreweries, and implementing marketing campaigns to promote responsible beer consumption. percent, the Indian beer market is expected to reach Rs 781.2 billion by 2032.

Beer 110