According to our research report “Indian Wine Industry Forecast to 2012”, wine is becoming more accepted and sought after beverage in the country. This Indian wine industry has been growing at a fast rate and will continue to follow the same trend in future. Our research has found that the wine consumption will get doubled by 2012 in comparison to 2009 on account of various factors studied in the report. Besides, the revenue of wine market is projected to grow at a CAGR of around 30% during 2009-2012.
Our study has revealed that wine has really come to the forefront in India over the last few years. The country in general is more spirit orientated. In the past, if people drank something alcoholic, it was more likely whisky. However, people are slowly developing a taste for wine. We have found that the companies are now looking to expand their customer base by targeting tier-I and tier-II cities in the country.
The report has also highlighted that the Indian wine market is largely dominated by the domestically produced wine and imports account for a less signification share of the total consumption. The main reason for less consumption of imported wines has been discussed in the report. We have found that local players are adopting certain strategies to attract new customers. However, the premium wine segment is dominated by imported wines.
“ Indian Wine Industry Forecast to 2012” provides an extensive research and rational analysis of the wine market in India. Our research gives deep insight into India’s wine consumption in terms of domestically produced and imported wines, price structure, sales by location, type of wine consumed and regional segmentation. Our research also highlights the market trends and developments which are expected to play a key role in the growth of the Indian wine market over the forecast period. Besides, the report provides thorough analysis of the wine production, wine exports and wine imports.
For more information visit: http://www.rncos.com/Report/IM225.htm |
