India Beverages Consumption Trends and Forecasts Tracker, Q3 2024
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India Beverages Market Report Overview
The India beverages market size was 53.5 billion liters (BL) in Q3 2024. The India beverages market research report offers comprehensive consumption volume data across several beverage categories for Q3 2024. Furthermore, the report precisely lists new product launches and highlights the latest beverage industry performance and developments every quarter.
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India Beverages Market Segmentation by Categories
India Beverages Market Analysis by Categories, Q3 2024 (%)
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Hot drinks, soft drinks, and dairy and soy drinks and milk alternatives, among others, are the primary India beverages market categories. In Q3 2024, hot drinks accounted for the highest beverage market share in India.
Hot drinks: The primary sub-categories are hot tea, hot coffee, and other hot drinks. Hot tea accounted for the highest consumption volume in the India beverages market in Q3 2024. The sale of hot drinks was triggered by on-premise consumption in Q3 2024.
Hot Drinks Beverages Market Analysis by Sub-Categories, Q3 2024 (%)
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Soft drinks: Packaged water, bulk/hod water, and carbonates are the main sub-categories within the soft drinks sector. Packaged water was the most consumed sub-category in Q3 2024. The sale of packaged water increased because of high summer temperatures.
Dairy and soy drinks and milk alternatives: The key sub-categories are white milk, fermented milk, and flavored milk, among others. Among the segments, white milk accounted for the highest volume in Q3 2024. The growth of white milk and grain, nut, rice, and seed (GNRS) milk alternative drinks boosted the dairy and soy drinks and milk alternatives category in the India beverages market in Q3 2024.
Alcoholic drinks: Whisk(e)y, beer, and brandy, among others, are the main sub-categories. In Q3 2024, whisk(e)y was the leading sub-category with the highest consumption volume.
| Time Period | Q3 2024 |
| Consumption Volume (Q3 2024) | 53.5 billion liters (BL) |
| Key Segments | · Hot Drinks
· Soft Drinks · Dairy and Soy Drinks and Milk Alternatives · Alcoholic Drinks |
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Segments Covered in the Report
India Beverages Market Segments Outlook (Volume, Billion Liters, Q3 2024)
- Hot Drinks
- Hot Tea
- Hot Coffee
- Other Hot Drinks
- Soft Drinks
- Packaged Water
- Bulk/HOD Water
- Carbonates
- Enhanced Water
- Flavored Water
- Juice
- Nectars
- Still Drinks
- Squash/Syrups
- Fruit Powders
- Iced/RTD Tea Drinks
- Iced/RTD Coffee Drinks
- Sports Drinks
- Energy Drinks
- Dairy and Soy Drinks and Milk Alternatives
- White Milk
- Fermented Milk
- Flavored Milk
- Condensed Milk
- Drinking Yogurt
- Evaporated Milk
- Grain, Nut, Rice and Seed Milk Alternative Drinks
- Soymilk
- Alcoholic Drinks
- Whiskey
- Beer
- Brandy
- Cider
- Flavored Alcoholic Beverages
- Fortified Wine
- Gin & Genever
- Liqueurs
- Rum
- Sorghum Beer
- Sparkling Wine
- Specialty Spirits
- Still Wine
- Tequila & Mezcal
- Vodka
Scope
The report provides:
- Comparison of consumption volumes for Q3-2024 vs Q3-2023, moving annual totals (MAT), full-year 2023 provisional data, and 2024 forecasts for all beverage categories.
- Carbonates consumption data for Q3-2024 vs Q3-2023, moving annual totals (MAT), full-year 2023 provisional data, and 2024 forecasts split by regular vs low calorie, and key flavor.
- An economic mood indicator with an at a glance assessment of industry confidence levels, private label performance vs brands, and price trends.
- Latest quarterly trends and assumptions for the full year 2024.
Reasons to Buy
- Learn about the trends in the India beverage industry to support and enhance your strategic planning.
- Investigate the latest quarterly and emerging annual trends in India to back your marketing initiatives.
- Analyze the latest beverage category 2024 forecast projections to make well-informed decisions on the outlook in the marketplace for your company.
- View a selection of the key quarterly new soft drinks product launches and identify competitor activity.
- Access a quarterly special focus on a current industry ‘hot topic’ offering qualitative insight from local consultants to determine opportunities for product innovation.
Table of Contents
Frequently asked questions
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What was the India beverages market consumption volume in Q3 2024?
The beverage market consumption volume in India was 53.5 billion liters (BL) in Q3 2024.
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What are the key categories in the India beverages market?
The key categories in the India beverages market are hot drinks, soft drinks, and dairy and soy drinks and milk alternatives, among others.
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Which was the leading category in the India beverages market in Q3 2024?
In Q3 2024, hot drinks was the leading category in the India beverages market.
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Which are the key sub-categories in the hot drinks category?
The primary sub-categories are hot tea, hot coffee, and other hot drinks.
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