India Brandy & Rum Market to show the Growth Factor 2018-2023 - 0 views
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aado lfst01 on 07 Aug 18Bharat Book Bureau Provides the Trending Market Research Report on "India Brandy & Rum Market" under Food & Beverage category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports. India Brandy and Rum market is expected to grow with a CAGR of more than 9% in the forecasted period of FY 2017-18 to FY 2022-23. The growth will be result of increasing awareness of brandy in north and other regions as south India already dominates the Brandy market. While both brandy and rum are forecasted to witness high growth of premium brands and shifting of consumers from standard brands to premium brands. The major reason for so is the high economic development of India which has resulted in higher purchasing power of Indian consumer, changing preferences, increase in consumption of white rum whose brands are generally segmented in premium category, etc.