Research and Markets: Beverage Market in India - Order Now
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DUBLIN--(Business Wire)-- Research and Markets (http://www.researchandmarkets.com/research/5955e9/beverage_market_in) has announced the addition of the "Beverage Market in India" report to their offering. In this report, Boston Analytics investigates the large untapped market potential for store-bought non-alcoholic beverages, in particular carbonated beverages, juice based drinks and energy or sports drinks among urban/suburban consumers in India. Approximately 120 billion litres of beverages are consumed by Indians every year, but only 5% represent store-bought packaged beverages. The majority of Indian consumers (75%) still consume non-alcoholic store-bought beverages 'less than once a day', highlighting a large untapped market opportunity, particularly in the carbonated drinks and juice or juice-based categories (estimated to be worth $1.5 Billion and $.25 billion respectively). In order to increase consumption and penetration of such beverages manufacturers will have to address the two primary reasons why some Indians abstain entirely, that is, health concerns and undesirable taste - as highlighted in Boston Analytics' survey of 8300 people across 15 cities. This study investigates consumption frequency and habits, the importance of various product attributes, and brand preferences across age, household income, city in India and beverage category. This study has implications for manufacturers, distributors, retailers and investors hoping to capitalize on the growth of these beverage categories in India and distinguish themselves in the increasingly crowded marketplace Key Topics Covered: * Survey Background and Objectives * Sample Demographics * Executive Summary * Usage of Non Alcoholics Drinks and Beverages * Carbonated Drinks: Need Drivers and Perceptions of leading Brands * Fruit Drinks and Juices: Need Drivers and Perceptions of leading Brands * Energy and Sports Drinks: Need Driver and Perceptions of leading Brands * Appendix For more information visit http://www.researchandmarkets.com/research/5955e9/beverage_market_in Research and Markets Laura Wood Senior Manager press@researchandmarkets.com Fax from USA: 646-607-1907 Fax from rest of the world: +353-1-481-1716 Copyright Business Wire 2009
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