The Indian wine industry is expected to produce approximately 18 million liters of wine in 2016. The market is being driven by domestic consumption rather than exports. Domestic sales of wine grew by 20% in 2015. Wine is largely consumed by the urban population in India and close to 80% of the wine consumption comes from the metro cities including Delhi, Mumbai, Chennai and Kolkata.
While there are close to 70 wine producers in India, 90% of the production comes from five major players. Somant Soma’s Sula Vineyards is the largest wine player in the country followed by Grover Zampa. Other players include KRSMA Estates, Fratelli, Moët Hennessy and Seagrams. Although the wine industry in the country is facing several challenges such as high marketing costs, lack of skilled labor, and high duty on alcoholic beverages, our analysts feel that there exists huge growth potential. The number of potential wine consumers in India was estimated at 26.5 million in 2015 which is just 20% of the country’s total population.
Why should the report be purchased?
The report ‘Assessment of India’s Wine Market 2016’ highlights key dynamics ofIndia’s wine market. The growing opportunity in the sector has been investigated along with the market drivers.The initiatives and performance of key playersincluding Sula Vineyards, Grover Zampa, Fratelli, Moët Hennessy and Seagrams,along withthe current market scenario has also been studied. The report contains latest industry leader’s opinion.
Research methodology and delivery time
Smart Research Insights has conducted in depth secondary research to arrive at key insights. Data collected from key public industry sources and publications has been scanned and analyzed impartially to present a clear picture of the industry. All recent developments which impact the sector dynamics have been captured and used to support the research hypothesis.
The report is available as single-site single-user license. The delivery time for the electronic version of the report is 3 business days as each copy undergoes thorough quality check and is updated with the most recent information available. The dispatch time for hard copies 4 business days, as each hard copy is custom printed for the client
About Smart Research Insights (SRI)
SRI is a research organization specializing in industry research reports and custom research. Our team of dedicated researchers with rich experience across industry segments focuses on delivering high quality analysis. Undertaking in-depth secondary research, we arrive at key insights, which are supported by data that has been analyzed impartially to present a clear picture of the industry. All recent developments and industry opinions which impact the sector dynamics are captured and used to support the research hypothesis.
Table of Content
1. Global WineMarket
1.2 Market Performance& Statistics
2. India Ice Cream Market
2.2 Market Performance &Statistics
2.3 Market Drivers
3. Competitive Landscape
3.1 Sula Vineyards
3.2 Grover Zampa
3.4 Moët Hennessy
4. Industry Outlook
5. Industry Leader’s Opinions
6. List of Charts and Graphs
6.1 India Wine Market Size (2012-2015, Million Litre)
6.2 India Wine Market Consumption (2014, 2015 7 2018 P, Million Litre)
6.3 India Wine Export (2010-2016 E, Million USD)
7. Research Methodology
8. About Smart Research Insights
1. India Wine Market Size (2012-2015, Million Litre)
2. India Wine Market Consumption (2014, 2015 7 2018 P, Million Litre)
3. India Wine Export (2010-2016 E, Million USD)
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