Still Wine Market to Lead Wine Growth in India

Still Wine Market to Lead Wine Growth in India

The growth of the still wine market in India is expected to see a compounded annual growth rate by value of 26.2% to 2017.  This rate nearly doubles that of spirits and is faster than most food and soft drink sectors in the country.  In 2012 still wine held a 91.4% value share of the market and a 95% volume share.  This significant growth is due to increased Western cultural influence, increased disposable income in the country, and strong marketing.

 

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