India Alcoholic Spirits Market : Analysis and Opportunity Assessment 2019-2025
Market Reports on India Provides the Trending Market Research Report on “ India Alcoholic Spirits Market 2019-2025 ” under Alcoholic Beverage category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports. MARKET OUTLOOK India A lcoholic S pirits M arket is expected to display an upward trend and is estimated to grow at a CAGR of 0.43% in terms of revenue over the forecast duration of 2019 to 2025. There is an emerging trend of micro-distilleries and craft spirits in India, which is attracting mid-to high-income youths in major cities. The alcoholic spirits market growth, however, is impeded by the growing number of restrictions on sales, with a number of states moving towards a total ban on alcoholic products. Prohibition was a major issue in Tamil Nadu's state elections in 2016, with many linking spirits’ consumption to early deaths among men, crime and particularly domestic abuse and sexu...