+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

India Wine Market Outlook, 2027-28

  • PDF Icon

    Report

  • 71 Pages
  • November 2022
  • Region: India
  • Bonafide Research
  • ID: 4593332
10% Free customization
1h Free Analyst Time
10% Free customization

This report comes with 10% free customization, enabling you to add data that meets your specific business needs.

1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

Nashik is called the Wine Capital of India. While Italy is the global leader in wine making, it takes its wine too seriously with a long history that goes way back to Greek colonisation, an ideal climate, and over a million vineyards. Historical and literary sources may trace wine in India back to the 13th century BC, but the origins of the contemporary Indian wine industry lie in the early 1980s. Wine production resumed in India in 1986 with the launch of Marquise De Pompadour, made from the Vitis Vinifera grapes. It was Sham Chougule of Indage who pioneered the production of the first genuine wines. The entry of Sula Vineyards, the largest Indian wine producer today, into the market in 2000 symbolised the optimism of the times. Maharashtra was the first state to introduce a wine policy in India in 2001, leading to a large number of new wineries being established. Three other states introduced wine policies: Madhya Pradesh and Tamil Nadu in 2006, and Karnataka in 2007. Grover Vineyards is famous for producing Cabernet Sauvignon and Bourdeaux-style blends, while Sula produces the popular Chenin Blanc and Sula Shiraz. With various vineyards cropping up all over the country, Nashik and Nandi Hills are the prime wine-growing regions.

According to the research report India Wine Market Outlook, 2027-28, domestic wines dominate due to their lower price and higher availability. Further India The wine market is expected to grow further at a CAGR of 14.28% over the forecast period. The average selling price of a bottle of wine in India is INR 884.30, which is increasing year-on-year. Red wine leads the market with over half of the market share, while rose wine accounts for the least share of 4%. West India consumes most wine, while less is consumed in East India. The urban populace is the biggest consumer of wine in India. Imported wines face a 150 percent import tariff, severely limiting the market availability of foreign wines.As such, international wines are viewed as more expensive and superior to domestic wines but are limited to select occasions or gifting. Price remains the primary driver of wine choice for consumers, followed by brand familiarity and country of origin.

The financial crisis of 2007-2008 forced many producers into bankruptcy, including the liquidation of Chowgule’s Chateau Indage, the largest winery at the time and best known for its Omar Khayyam sparkling wine. From 2007 onwards, new serious winery projects commenced, including Alpine Wineries, Fratelli Wines, Charosa Winery, Four Seasons, KRSMA Estates, Vallonné Vineyards, and SDU Winery. Multinational beverage conglomerates such as Pernod Ricard, Diageo, and Mot Hennessy began to take an interest and set up shop in India.Financial investors moved in despite the apparent challenges faced by the nascent Indian wine industry. In 2009 saw the establishment of the Indian Grape Processing Board and India joined the OIV in 2011.

The potential for wine in India is always a good subject for a lively debate. Often cited as an important emerging market for wine, India’s immense and evolving consumer population presents a number of opportunities and many challenges. Alcohol sales are on the rise in modern India. Traditional beverages such as whisky, rum, and beer continue to dominate alcohol consumption in the country. However, the increasing availability of locally produced and imported wine over the last decade has spawned significant consumer interest in wine, causing a shift in people’s drinking choices. Wine prices have gone skywards in most markets in the past two years; what used to be about Rs 300 a bottle now costs around Rs 500. Wines have an alcoholic strength of around 13%. The high cost of wine is holding back growth, and the cost is largely due to high taxes, both import duties(160%) and the myriad state taxes and regulations that are applied to wine without considering that wine is a low-alcohol product that is farmer-friendly and good for health.

The wine’s flavour is altered by the grape variety, the location of the vineyards and the process of wine making. Just like chocolate, wine has complex, varied flavours that can be altered by the way they’re processed, the type of fruit used and the conditions that they are grown in. From rosé to sparkling, different types of wine are suitable for different occasions and different foods. Red wine uses not only the juice of the grape but also the grape skins and pips during the fermentation process. It is also usually fermented at a higher temperature, resulting in a stronger colour, aroma, and flavour, as well as higher tannin levels. Sula's Cabernet Shiraz is touted to be India's best-selling red wine. There’s nothing like a crisp white wine on a summer’s day or a bold red wine to accompany a hearty meal next to a roaring fire in the winter. Red and black grapes can be made into white wine. The flavour profiles of white wines usually tend to focus on acidity and fresh, clean flavours, often reminiscent of pale-fleshed fruits such as apples, pears, and citrus. It is also possible to have spicy, sweet, and rich-tasting white wines. White wine pairs especially well with light, delicate flavours such as creamy soft cheese, fish, and salads, as it doesn’t overpower the nuanced tastes in the food. Rosé wine is just a mixture of red and white wine. It is made by using black grapes but only allowing the skins to remain in the juice for a few hours (generally 12-36) until the desired colour is achieved. Rosés can vary in taste considerably, but they often have bright, red fruit flavours like strawberries, watermelon, and peaches. The wine of celebrations, sparkling wine has leapt in popularity after Champagne’s. Sparkling wines are the perfect accompaniment to finger food and canapés, or mixed with fruit juice to create a brunch-friendly mimosa.

Companies present in the market: Sula Vineyards, Grover Zampa Vineyards Limited, Fratelli Wines Private Limited, John Distilleries Private Limited.

Considered in the Report:

  • Geography: India
  • Base Year: 2021-22
  • Estimated Year: 2022-23
  • Forecast Year: 2027-28

India by Region

  • South India
  • West India
  • North India
  • East India

By Type covered in the report

  • Red Wine
  • White Wine
  • Sparkling Wine
  • Rose Wine
  • Others

By Distribution Channel covered in the report

  • Retail Channel
  • Institutional Channel
  • CSD (Canteen Stores Department)

By Demographics covered in the report

  • Rural
  • Urban

The Approach of the Report:

The publisher performed primary as well as secondary research for this study. Initially, a list of manufacturers and suppliers operating in the Sun Care Market of India were sourced through secondary sources. With the identified companies and consumers, primary research was carried out which included conducting online surveys, competitor analysis and exhaustive personal interviews - both face to face as well as telephonic basis, to extract maximum information from participants like industry executives/ distributors or consumers. Primary research gave us an idea of company revenues, export, pricing, geographical presence, channel partner model, USP etc. and also helped us to identify various small players who otherwise have less presence on the web.

The publisher seeks secondary data from third-party sources such as published articles, company websites, magazine articles, associations, trade journals, annual reports, government official websites and other paid database sources. In addition, data is also mined from a host of reports in our repository, as well as a number of paid databases of Indian government. Using both primary and secondary information, the publisher calculated the market size through a bottom-up approach, where manufacturers’ value sales data for different types of sun care products were recorded and subsequently forecasted for the future years.

Intended Audience:

This report can be useful to Industry consultants, manufacturers, suppliers, associations & organizations related to alcohol beverages industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

Table of Contents

1. Executive Summary
2. Market Structure
2.1. Market Considerate
2.2. Assumptions
2.3. Limitations
2.4. Abbreviations
2.5. Sources
2.6. Definitions
2.7. India Macro Economic Indicators
2.8. Demographics Insight
3. Research Methodology
3.1. Secondary Research
3.2. Primary Data Collection
3.3. Market Formation & Validation
3.4. Report Writing, Quality Check & Delivery
4. India Alcoholic Beverages Market Outlook
4.1. Market Size
4.1.1. By Value
4.1.2. By Volume
4.2. Market Share
4.2.1. By Region
4.2.2. By Demographics
4.2.3. By Distribution Channel
5. India Wine Market Outlook
5.1. Market Size By Value
5.2. Market Share
5.2.1. By Product Type
5.2.2. By Demographics
5.2.3. By Sales Channel
5.2.4. By Region
5.2.5. By Company
5.3. Red Wine Market Outlook
5.3.1. By Value
5.3.2. By Volume
5.4. White Wine Market Outlook
5.4.1. By Value
5.4.2. By Volume
5.5. Sparkling Wine Market Outlook
5.5.1. By Value
5.5.2. By Volume
5.6. Rose Wine Market Outlook
5.6.1. By Value
5.6.2. By Volume
5.7. Others Wine Market Outlook
5.7.1. By Value
5.7.2. By Volume
5.8. Product Price & Variant Analysis
6. PEST Analysis
7. Trade Dynamics
7.1. Import of Brandy
7.2. Export of Brandy
7.3. Import of Rum
7.4. Export of Rum
8. Market Dynamics
8.1.1. Market Drivers
8.1.2. Challenges
8.1.3. Opportunity
8.1.4. Restraints
8.2. Drivers
8.3. Challenges
9. Market Trends & Developments
10. Competitive Landscape
10.1. Porter`s Five Forces
10.2. Company Profiles
10.2.1. John Distilleries Private Limited
10.2.1.1. Company Snapshot
10.2.1.2. Company Overview
10.2.1.3. Financial Highlights
10.2.1.4. Geographic Spread and Distribution network
10.2.1.5. Business Segment & Performance
10.2.1.6. Product Portfolio
10.2.1.7. Key Executives
10.2.1.8. Strategic Moves & Developments
10.2.2. Fratelli Wines Private Limited
10.2.3. Good Drop Wine Cellars Private Limited
10.2.4. Vallonne Vineyards Private Limited
10.2.5. Sula Vineyards
10.2.6. Grover Zampa Vineyards Limited
11. Strategic Recommendation’s12. Disclaimer
List of Figures
Figure 1: India Population 2017-2021( In Crore)
Figure 2: India Population Age Structure (EST. 2019)
Figure 3: India Urban VS Rural (Crore)
Figure 4: India Alcoholic Beverages Market Size By Value2016-17 to 2027-28F (in INR Crore)
Figure 5: India Alcoholic Beverages Market Size By Volume 2016-17- 2027-28 (in Billion Liters)
Figure 6: India Alcoholic Beverages Market Share By Value, By Region, 2016-17, 2021-22 & 2027-28F
Figure 7: India Alcoholic Beverages Market Share By Value, By Demographics, 2016-17, 2021-22 & 2027-28F
Figure 8: India Alcoholic Beverages Market Share By Value, By Distribution Channel, 2016-17, 2021-22 & 2027-28
Figure 9: India Red Wine Market Size By Value (2016-17 to 2027-28F) (in INR Crore)
Figure 10: India Red Wine Market Size By Volume (2016-17 to 2027-28F) (in Billion Liters)
Figure 11: India White Wine Market Size By Value (2016-17 to 2027-28F) (in INR Crore)
Figure 12: India White Wine Market Size By Volume (2016-17 to 2027-28F) (in Billion Liters)
Figure 13: India Sparkling Wine Market Size By Value (2016-17 to 2027-28F) (in INR Crore)
Figure 14: India Sparkling Wine Market Size By Volume (2016-17 to 2027-28F) (in Billion Liters)
Figure 15: India Rose Wine Market Size By Value (2016-17 to 2027-28F) (in INR Crore)
Figure 16: India Rose Wine Market Size By Volume (2016-17 to 2027-28F) (in Billion Liters)
Figure 17: India Others Wine Market Size By Value (2016-17 to 2027-28F) (in INR Crore)
Figure 18: India Others Wine Market Size By Volume (2016-17 to 2027-28F) (in Billion Liters)
Figure 19: Porter's Five Forces of India Brandy & Wine Market
List of Table
Table 1: India Tier-wise Classification Of Cities
Table 2: India Region-wise Classification Of Cities
Table 3: India Wine Market Size By Value (2016-17 to 2027-28F) (in INR Crore)
Table 4: India Wine Market Share By Value By Product Type (2016-17, 2021-22 & 2027-28F)
Table 5: India Wine Market Share By Value By Demographics (2016-17, 2021-22 & 2027-28F)))
Table 6: India Wine Market Share By Value By Sales Channel (2016-17, 2021-22 & 2027-28F)
Table 7: India Wine Market Share By Value By Region (2016-17, 2021-22 & 2027-28F))
Table 8: India Wine Market Share By Company (2021)
Table 9: HS Code for Wine Products in India 2021
Table 10: Import Duty Structure for HS Code XXXX in India 2021
Table 11: Import of HS Code XXXX in India - Value & Volume 2016-17 to 2021-22
Table 12: Import of HS Code XXXX in India - By Country By Value &Volume Share 2021-22
Table 13: Export of HS Code XXXX in India - Value & Volume 2016-17 to 2021-22
Table 14: Export of HS Code XXXX in India - By Country By Value &Volume Share 2021-22
Table 15: Import of HS Code XXXX in India - Value & Volume 2016-17 to 2021-22
Table 16: Import of HS Code XXXX in India - By Country By Value &Volume Share 2021-22
Table 17: Export of HS Code XXXX in India - Value & Volume 2016-17 to 2021-22
Table 18: Export of HS Code XXXX in India - By Country By Value &Volume Share 2021-22

Executive Summary

Consuming cheap protein powders shake may save your money but may cost your kidney

"Consumption of protein powder in India increasing because of increasing young population, western influence on diets, increasing frequency of exercise, and growing focus on leading active and healthy lifestyles has increases the adoption of protein supplements. But more than 60-70% of dietary supplement are fake.”

According to the report ‘India Malt, Protein and Herbal supplement market outlook, 2023’, the protein supplement market was grown with CAGR of more than 15 % during the year 2011-12 to 2016-17. Health fitness is rapidly gaining popularity in India. People have become more health conscious and image sensitive, so has the pursuit of fitness and bodybuilding. Fitness enthusiasts today are mostly in the age group of 20 to 35 years, mostly are students and professional. This young India is more health conscious and is constantly looking for ways to stay fit and healthy. The Market of Dietary Supplement has gone up as a dynamic segment that will throw up a lot of opportunities to innovate and grow. In protein supplement products profit margin is around 60-70% of the product price. This huge profit margin has attracted some unorganized players in Protein powders and Bars segment for selling fake supplements. In India more than 60% percent of dietary supplement being sold are fake, counterfeit, unregistered and unapproved and it is extremely difficult to identify them. In top 12 cities of urban India nearly 78 percent of adolescent daily consuming dietary supplements.

Most individuals purchase supplements from local pharmacy or local stores, so gray marketers directly deal with these individuals and give them higher margin for selling their fake supplements. Indeed, even online buying of protein powder are risky because there is also great chance of getting fake item in the name of branded product.US-manufactured whey protein tubs don't list expiry dates. Instead, they print a best-before date. Such near best-before-date tubs are regularly offered at heavily-discounted rates, consumption of this can cause health issue. The consumption of protein powder is more in south region of country which is more than 34% of total consumption in country. Venky’s, Brightlifecare, Medinn Belle, MuscleBlaze are the some of the largest player in protein powder market. Casein, soy protein, and whey protein, are the main forms of protein powder. A lot of factories have come up in areas like Dharavi, where they are making whey protein containers with soya powder and cocoa. But excess soya interferes with hormone function and it is also bad for kidneys.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • GSK Consumer Healthcare Private Limited
  • Mondelez India Private Limited
  • Kraft Heinz India Private limited
  • Abbott India Limited
  • Danone Nutricia India Private Limited
  • Patanjali Ayurved Limited
  • Bright Life Care Private Limited
  • Medinn Belle herbal Care Private Limited
  • Herbalife India Private Limited
  • Amway India Enterprise Private Limited