ICRA estimates that alcobev companies will see 8-10% revenue growth in FY2025. Steady beer demand and a revival in spirits consumption drive this growth. Consumers are increasingly preferring premium products. Price hikes approved by some state governments will also boost FY2025 revenues. In Q1 FY2025, the spirits industry recorded a ~9% year-on-year revenue increase. Realizations […]
In an age where convenience shapes consumer choices, Coca-Cola and Bacardi have joined forces. They aim to redefine the ready-to-drink (RTD) beverage industry. Their new pre-mixed rum and cola cocktail targets consumers who seek premium, accessible drink options. The RTD Beverage Boom The global RTD alcohol market has seen exponential growth in recent years. Grand […]
9th October, Mumbai: MONIN, the premium syrup brand celebrated for its mastery of nature’s flavors, is thrilled to announce the opening of its latest experiential studio in Mumbai. Following successful launches in Delhi and Bengaluru, this new studio further solidifies the brand’s commitment to the Indian market. Situated in Juhu, a vibrant cultural hub, the […]
South Seas Distilleries, with a family legacy dating back to 1922, proudly launches two exquisite Mahura expressions – Six Brothers 1922 Resurrection and Six Brothers Small Batch (Original). This marks a groundbreaking milestone in India’s spirits industry as the world’s first-ever matured Mahura spirit, crafted with a century of family expertise and refined through double […]
Kaya Spirits has established itself as a prominent player in the Indian alcohol industry, offering a diverse product range that caters to various market segments. With products ranging from economical to premium categories, Kaya Spirits focuses on quality and variety, ensuring it meets the preferences of consumers both in India and internationally. The company has […]
