Wine Market in India Has Been Growing at around 30% Annually over the Last Ten Years...

Wine Market in India Has Been Growing at around 30% Annually over the Last Ten Years and is Expected to Have a Positive Growth in Future

DUBLIN, Ireland--(Business Wire)--
Research and Markets
http://www.researchandmarkets.com/research/54fa5d/wine_market_outloo
has announced the addition of the "Wine Market Outlook in India"
report to their offering.

The 'Wine Market Outlook in India' report covers a brief overview
of the Wine Industry in India. It will focus in detail about the
dynamics of the Industry, the market size and growth rate, the
segmentation of wine by price and consumers. The report also covers
the market landscape covering the major wine grape growing regions in
India and the key importers of wine. This will facilitate the client
in analysing the potential opportunities of the wine market with the
relevant facts and figures.

About the Industry:

The changing drinking habits of the people of India have changed
the fortune of Indian wine market, witnessing a tremendous growth.
Favourable and promotional government policies, higher disposable
incomes and growth in foreign tourists are some of the reasons for
such growth. Present consumption of wine in India is very low with the
average per capita consumption at 4.6 ml. However, considering the
fact that about a decade earlier markets for wines did not exist at
all, the present developments are positive. Wine market in India has
been growing at around 30% annually over the last ten years and is
expected to have a positive growth in future.

Research Methodology Used:

-- Information Sources

The information has been gathered from authentic and reliable
sources like Government agencies, Trade associations, Trade journals,
Industry portals Newspapers, White papers and Books. The data is also
sourced from paid databases.

-- Analysis Method

The methods of Historical Trend Analysis, Ratio Analysis, and
Cause and Effect Analysis have been used.

Prospective Target Audience:

-- Players from the PE/VC industry

-- Consulting firms (looking for aggregated information that
validates their own findings)

-- In-house strategy teams of companies that operate in the
individual industry sectors or that seek to enter these
sectors.

Scope of the Report:

-- The report covers a brief overview of the Wine Industry in
India. It will focus in detail about the dynamics of the
Industry, the market size and growth rate, the segmentation of
wine by price and consumers. The report also covers the market
landscape covering the major wine grape growing regions in
India and the key importers of wine.

-- On the competitive landscape, the report lays out the major
market players within the Indian wine industry and the
strategies these companies are following to capture the major
chunk of the market share. This will be followed by the
industry regulations covering the tax and duty structure along
with the initiatives taken by the Indian government to promote
the industry.

-- The concluding part of the report covers the future outlook of
the industry. It will focus on the wine parks that are coming
up in India promoting the wine tourism.

Changing habits of Indians in drinking have, among other things,
changed fortunes of the wine industry in India. Both the Indian wine
market and the indigenous wine industry are witnessing tremendous
growth. Favorable and promotional government policies, higher
disposable incomes and growth in foreign tourists are some of the
reasons for such growth. Present consumption of wine in India is very
low with the average per capita consumption at 4.6 ml. However,
considering that about a decade earlier markets for wines did not
exist at all, developments are positive. Wine market in India has been
growing at around 30% annually over the last ten years.

Currently, the Indian wine industry is dominated by three large
players who together enjoy over 90% of the total market share,
although there is enough room for more players. To cater to this
growing demand, some Indian wine makers have started importing foreign
made wines and bottling and selling it here. Challenges for the
industry include competing against global connoisseurs of wine in the
Europe, improving the quality of wines in India, sustaining high
growth rates and increasing consumption of wine in India.

Despite challenges, Indian wineries are promoting their produce
across the globe by participating in global events. Positive outlook
of the government towards this sector has tremendously helped to power
growth in this sector. For instance, several Indian states, including
Maharashtra, the largest producer of Wine in India, have started to
provide duty exemptions that will boost wine consumption. In recent
times, Maharashtra has also commissioned sanctioning of wine bars in
order to promote domestic consumption of wine. Going forward, the
industry is likely to witness entry of many local and foreign players
which will help widen markets further.

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Key Topics Covered:
Overview of Wine Industry in India
-Market Dynamics
-Market Overview
-Market Size & Growth
-Market Segments
Market Landscape
-Wine grape growing regions
-Key Importers
Current Scenario & Trends
Competitive Landscape
-Competitive Analysis
-Major Players
Industry Regulations
-Taxation and Duty structure
-Government Initiatives
Porter's Five Forces Model
Future Outlook
-Wine Parks in India/Maharashtra
-Wine Tourism
*T

For more information visit
http://www.researchandmarkets.com/research/54fa5d/wine_market_outloo

Research and Markets
Laura Wood, Senior Manager
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press@researchandmarkets.com

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