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India Brandy Market Overview, 2022-28

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    Report

  • 54 Pages
  • November 2022
  • Region: India
  • Bonafide Research
  • ID: 4591137
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Brandy has a fruity and subtly sweet taste. It can also have flavour notes of oak since it is typically aged in wooden casks. The taste of brandy becomes mellower and complex as it ages; brandy that is less than two years old is considered unaged, while brandies that are more than two years old are considered mature. As far as drink orders go, the request for a brandy might raise a couple of doubtful eyebrows. Brandy has more than one health benefit in store for those who guzzle it down. The list of Brandy's healing abilities starts off with its antioxidant properties and rich Vitamin C content. It does have a warming effect on the body, so think of brandy as one of winter's many indulgences. Modern production methods vary depending on region, but brandy is essentially created by fermenting fruit into wine.

According to the research report India Brandy Market Overview, 2027-28, brandy is the second most consumed drink in the Indian alcoholic beverage market with a market share of more than 15%. The Indian brandy market size by volume was around 83.18 million cases in the years 2021-22. Brandy is primarily a winter drink which provides warmth to the body and is surprisingly not much consumed in the cold regions of India in the northern and eastern states, but rather more consumed in the west of India. For the past few years, we have observed the changing preferences of Indian consumers, with traditional whisky consumption being overtaken by brandy for a change of taste and to have some more heavy doses of alcohol. With the growing popularity of brandy in the North and other regions, the Indian brandy market is expected to achieve new heights in the near future.

In India, brandy is savoured more due to its appealing aroma and heavenly taste. It can be consumed with orange bitter, lime juice, apricot, ginger, or cranberry juice. Heavy cream or coffee can be added for the heavy taste of the drink. It tastes good with sweet & sour mix or club soda; some types can also be mixed in chocolate milk like John Exshaw. One of the main reasons for its popularity is that brandy has a wide range of varieties. To name some: Armagnac, Cognac, Brandy, Pomace, Brandy, Calvados, American Brandy, South American Pisco, Spanish Brandy, Armenian Brandy, South African Brandy, German Brandy, Turkey Brandy, Cyprus Brandy, and Russian Brandy, and many more.

Overall, the top brandy brands in India are acting as the best tonics on weekends, bachelorette parties, parties with friends, New Year’s Eve, Christmas, and many more days to enjoy the taste of every tasty brandy brand.

Companies present in the market: John Distilleries Private Limited, United Spirits Limited, Tilaknagar Industries Limited, Radico Khaitan Limited, McDowell’s No.1, Remy Martin, Old Admiral, Hennessy, Golden Grapes, Honey Bee, John Exshaw, Clovis, Courrier Napoleon and Courvoisier, Good Man brandy, Bacardi.

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 Brandy Type covered in the report

  • Regular Brandy
  • Premium & Super Premium Brandy

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
4.2. Market Share
4.2.1. By Region
4.2.2. By Demographics
4.2.3. By Distribution Channel
5. India Brandy Market Outlook
5.1. Market Size By Value
5.2. Market Share
5.2.1. By Region
5.2.2. By Demographics
5.2.3. By Distribution Channel
5.2.4. By Average Selling Price
5.2.5. By Company
5.3. 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. Drivers
8.2. Challenges
9. Market Trends & Developments
10. Competitive Landscape
10.1. Porter`s Five Forces
10.2. Company Profiles
10.2.1.1. United Spirits Limited
10.2.1.2. Company Snapshot
10.2.1.3. Company Overview
10.2.1.4. Financial Highlights
10.2.1.5. Geographic Spread and Distribution network
10.2.1.6. Business Segment & Performance
10.2.1.7. Product Portfolio
10.2.1.8. Key Executives
10.2.1.9. Strategic Moves & Developments
10.3. Pernod Ricard India Private Limited
10.4. Radico Khaitan Limited
10.5. Bacardi India Private Limited
10.6. Jagatjit Industries Limited
10.7. Tilaknagar Industries Limited
10.8. Globus Spirits Limited
10.9. Beam Suntory India
10.10. Nao Spirits & Beverages Pvt Ltd
10.11. THE BOMBAY SPIRITS COMPANY LTD
10.12. William Grant & Sons India Pvt Ltd
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 Share By Value, By Region, 2016-17, 2021-22 & 2027-28F
Figure 6: India Alcoholic Beverages Market Share By Value, By Demographics, 2016-17, 2021-22 & 2027-28F
Figure 7: India Alcoholic Beverages Market Share By Value, By Distribution Channel, 2016-17, 2021-22 & 2027-28
Figure 8: 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 Brandy Market Size By Value (in INR Crore) (2016-17 to 2027-28F)
Table 4: India Brandy Market Share By Value By Region (2016-17, 2021-22 &
Table 5: India Brandy Market Share By Value By Demographics (2016-17, 2021-22 &
Table 6: India Brandy Market Share By Value By Distribution Channel(2016-17, 2021-22 &
Table 7: India Brandy Market Share By Value By Average Selling Price (2016-17, 2021-22 &
Table 8: India Brandy Market Share By Company (2021)
Table 15: HS Code for Brandy Products in India 2021
Table 16: Import Duty Structure for HS Code XXXX in India 2021
Table 17: Import of HS Code XXXX in India - Value & Volume 2016-17 to 2021-22
Table 18: Import of HS Code XXXX in India - By Country By Value &Volume Share 2021-22
Table 19: Export of HS Code XXXX in India - Value & Volume 2016-17 to 2021-22
Table20: Export of HS Code XXXX in India - By Country By Value &Volume Share 2021-22
Table 21: Import of HS Code XXXX in India - Value & Volume 2016-17 to 2021-22
Table 22: Import of HS Code XXXX in India - By Country By Value &Volume Share 2021-22
Table 23: Export of HS Code XXXX in India - Value & Volume 2016-17 to 2021-22
Table 24: Export of HS Code XXXX in India - By Country By Value &Volume Share 2021-22

Executive Summary

Brandy: One of the not so popular top contenders of Indian Alcoholic market

Despite being not so popular in many regions of India, Brandy holds the second place in Indian Alcoholic beverages market. The only ahead of Brandy is Whisky which occupies more than 1/3rd of the Indian alcoholic beverages market.

According to the report, Brandy is the second most consumed drink in Indian alcoholic beverages market with a market share of more than 15%. The Indian brandy market size by volume was around 48 million cases in year 2011-12. Brandy primarily being a winter drink which provides warmness to your body on consumption is surprisingly not much consumed the cold region of India in northern and eastern states having severe winters and is mostly consumed in southern states. Southern states account for more than 2/3rd of total brandy consumption. The past few years observed changing preferences of Indian consumers were traditional whisky consumers have started consuming brandy for a change of taste and to have some more heavy dose of alcohol. With growing popularity of brandy in North and other region the Indian brandy market is expected to achieve new heights in near future.

Brandy in many regions is promoted as a medicine for many common diseases. Many researches have stated that a moderate consumption of Brandy can Boosts Immune System, Induces Sleep, Improves Heart Health, Treats Cancer, treats cold and cough, etc. While few researchers deny many of the above benefits. Still the quantity required to be consumed for many of the above disease and its consumption patterns are unknown. While over consumption of Brandy could lead to Hangover, can damage your liver, kidney, heart, and other organs, create alcohol addiction which would hinder your psychological health as well as nervous system.

Brandy ranks second after whisky in Alcoholic Beverages market despite not much awareness in north, west and eastern states of India. This is due to very high consumption of brandy in the south region. Tamil Nadu is observed to the most brandy consuming state of India. With Increasing popularity of south movies in other regions of India the popularity and awareness of Brandy is also increasing in other states. While promotion of brandy forbetter health and cure may also boost the consumption.With increasing consumption in other states brandy market expects a bright market in near future and the market share of brandy is expected to further increase in Indian alcoholic beverages market.

Companies Mentioned (Partial List)

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

  • United Spirit Limited
  • Radico khaitan Limited
  • Allied Blenders and Distillers Private Limited
  • Tilaknagar Industries Limited
  • John Distilleries Private Limited