Wine Market in India Explored in Netscribes (India) Pvt. Ltd. Research Study Recently Published at MarketPublishers.com11 Mar 2015 • by Natalie Aster
LONDON – India is likely to become competitive in the global wine marketplace in the near future given an ongoing increase in the local consumption, government support, rising incomes, growing production and the export sector, and more.
For instance, export sales demonstrated considerable growth in 2014 by increasing by more than 38 percent Y-o-Y over the first seven months. However, the market growth is constrained by a number of factors, such as a complex system of excise taxes, processes of licensing and distribution procedures, to name a few.
The Indian wine market is dominated by the red wine segment. Other wine categories, namely white and rose wine, hold a very small share of the local market.
Currently, Indians with high levels of disposable income are main wine consumers in the country. Such Indian states as the Maharashtra state, the Delhi metro area, Goa and the Karnataka state account for the lion’s share of the domestic consumption.
Cutting-edge research report “Wine Market in India 2015” elaborated by Netscribes (India) Pvt. Ltd. offers a detailed analysis of the wine market in India. The report studies the macroeconomic indicators related to the wine market in India; it discloses recent and current marker trends, market segmentation, export and import trends. The study scrutinizes the competitive market landscape, contains consumer insights and highlights growth prospects of the market. Furthermore, data on dominant market players alongside with the profiles can be found in the research report. Moreover, market drivers and challenges are scrutinized in the report.
Wine Market in India 2015
Date: February, 2015
Price: US$ 950.00
More new reports by the publisher can be found at Netscribes (India) Pvt. Ltd. page.