SIRADIS ’s Post

"I See #India taking over the #US market" said Pernod Ricard CEO Jean Touboul at The Economic Times Times Now Summit 2024 "... with the alcohol beverage industry poised to expand by a staggering USD 64 Billion in the next five years." The House of Somrus bet on India starting 2014 before it was fashionable, we salute Jean Touboul 🙏 for his VISION. 25M+ new LDAs (legal drinking age consumers) in coming years, premiumization, rising purchasing power and #Innovation sum up the reasons WHY? We can't believe that The House of Somrus is the World's first line of India-inspired liqueurs and NOW the World's most awarded line of cream liqueurs. As they say, "1% strategy followed by 99% execution" as we enter India domestic market in 2024! 🙏 https://lnkd.in/gqq55ajd

The 𝐁𝐚𝐡𝐫𝐚𝐢𝐧 𝐀𝐥𝐜𝐨𝐡𝐨𝐥𝐢𝐜 𝐁𝐞𝐯𝐞𝐫𝐚𝐠𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 registered a market size of $2,650 million in 2020 and is set to grow at a CAGR of 6.1% during the forecast period of 2021-2026 as per IndustryARC™ Latest Market Research Report. 👉 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 @ https://lnkd.in/gtG9ydKP 𝐇𝐞𝐫𝐞 𝐚𝐫𝐞 𝐬𝐨𝐦𝐞 𝐤𝐞𝐲 𝐟𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐟𝐫𝐨𝐦 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 𝐂𝐫𝐚𝐟𝐭 𝐁𝐞𝐯𝐞𝐫𝐚𝐠𝐞 𝐌𝐨𝐯𝐞𝐦𝐞𝐧𝐭: There is a growing interest in craft and artisanal alcoholic beverages. Consumers are increasingly seeking unique flavors and small-batch production, which offers local authenticity and a distinct experience compared to mass-produced options. 𝐏𝐫𝐞𝐦𝐢𝐮𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐒𝐩𝐢𝐫𝐢𝐭𝐬: Consumers in Bahrain are showing a preference for high-quality and premium-priced spirits. This trend towards premiumization is particularly evident in the spirits segment, with products like whiskey, vodka, and gin seeing increased demand. 𝐃𝐢𝐠𝐢𝐭𝐚𝐥𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐌𝐚𝐫𝐤𝐞𝐭𝐢𝐧𝐠: The marketing strategies for alcoholic beverages are becoming more digital, leveraging social media and online platforms to reach and engage with consumers. This shift is driven by the high internet penetration and tech-savvy population in Bahrain. 𝐇𝐞𝐚𝐥𝐭𝐡 𝐚𝐧𝐝 𝐖𝐞𝐥𝐥𝐧𝐞𝐬𝐬: There is a noticeable trend towards health and wellness in the #alcoholicbeverages market. Consumers are increasingly opting for lower-alcohol options and beverages made with natural ingredients. This shift is partly driven by a growing awareness of health and fitness. 𝐄-𝐜𝐨𝐦𝐦𝐞𝐫𝐜𝐞 𝐆𝐫𝐨𝐰𝐭𝐡: The rise of e-commerce has significantly impacted the market, especially following the COVID-19 pandemic. Online sales channels have become vital, allowing consumers to purchase alcoholic beverages conveniently from home. This trend is expected to continue growing, supported by high disposable incomes and a well-developed logistics network. 👉 𝐆𝐞𝐭 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨 @ https://lnkd.in/gZcEKWqf 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬: PepsiCo Diageo Carlsberg Group Brown-Forman Bavaria - Colombia Anheuser-Busch The HEINEKEN Company Bacardi Chivas Brothers Molson Coors Beverage Company Constellation Brands The Boston Beer Company Mark Anthony Group Pernod Ricard Beam Suntory Sazerac Company Campari Group Jose Cuervo MillerCoors Rémy Cointreau The Coca-Cola Company Treasury Wine Estates Grupo Modelo S.A. de C.V. BrewDog Mahou San Miguel #bahrainbeverages #alcoholinbahrain #bahrainnightlife #craftbeerbahrain #bahrainspirits #premiumdrinks #bahraincocktails #bahrainwine #spirits #bahrainrum #drinksbahrain #bahrainbars #bahrainpubs #bahrainclubs #bahrainalcohol #luxurydrinks #bahrainliqueur #bahrainbeer #beverages #bahrainwhiskey #bahrainvodka #bahrainbrandy ✨ (𝐂𝐫𝐞𝐝𝐢𝐭 𝐂𝐚𝐫𝐝 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐨𝐟 𝟏𝟎𝟎𝟎$ 𝐨𝐧 𝐚𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞𝐬 | 𝐔𝐬𝐞 𝐂𝐨𝐝𝐞: 𝐅𝐋𝐀𝐓𝟏𝟎𝟎𝟎 𝐚𝐭 𝐜𝐡𝐞𝐜𝐤𝐨𝐮𝐭) 👉 https://lnkd.in/gXYTSA9F

India has surpassed China to become Pernod Ricard's second-largest market by sales for the fiscal year ending in June, according to Chairman and CEO Alexandre Ricard. This shift is attributed to a growing affluent consumer base and rising sales of premium brands like Absolut vodka, Chivas Regal, and Glenlivet. Previously, India contributed 10% of Pernod Ricard's global sales, ranking third behind the US and China. However, in terms of volume, it has been the company’s largest market for years. Pernod Ricard’s Indian operations, which include a single distillery in Nashik and 24 bottling sites, generated annual sales of Rs 11.5 billion. Holding about a quarter of India’s whiskey market, Pernod Ricard dominates 50% of the premium whiskey market and 42% of the imported spirits market, focusing on premium and semi-premium brands. #alcobev #alcohol #liquor #beverage #growth #markettrends #news #latestnews Pernod Ricard India LinkedIn News India Linkedin News Ashu Agrawal

Check out the MTR story in the latest issue of Forbes India. Orkla India Orkla ASA #foodtech #portfolio MTR Foods Private Limited

📈 Pernod Ricard Becomes India’s Largest Alcohol Firm 🍾 Pernod Ricard, the French spirits giant, has officially surpassed Diageo to become India's largest alcohol firm. The company has experienced rapid growth in the Indian market, driven by strong consumer demand and an emphasis on #premiumization. With brands like Royal Stag, Blenders Pride, and Imperial Blue, it now contributes 12% of Pernod Ricard’s global revenue. India has become the second largest market for the company by #value, replacing China, and remains the #largest by #volume. The company’s strategic focus is clear: driving value over volume and tapping into India's evolving preference for premium brands like Glenlivet and Jameson. 📊 Key Insights: - India saw a 6.1% growth in net sales in FY24, continuing its momentum as a “growth engine” for the brand. - A $200M investment in its largest Asian distillery in Maharashtra showcases its commitment to boosting exports, especially of its Indian single malt whisky, Longitude 77. Pernod Ricard is poised for more growth, aiming for double-digit expansion, riding on India’s growing appetite for premium spirits. 🍸

Pernod Ricard now India’s biggest Alcohol firm: Jean Touboul the MD of Pernod Ricard said the company has become the country’s biggest alcohol firm, surge passing Diageo by revenue on the back of higher sales for its scotch brand 100 pipers & and liquor brands Blenders Pride and Royal Stag. India outpaced China to become 2nd largest market by sales for the company apart from USA being the first. Sales & Growth The sales from 22-23 of Rs.250.72bn increased to Rs.256.27bn in 23-24 by 6%. In comparison, Diageo net sales fell by 7% from Rs.276.52bn to Rs.257.24bn because it sold 32 lowered priced brands including Haywards, Old Tavern and White Mischief which accounted nearly for a fifth of its sales. During the last quarter, Pernod India’s growth stood around 8-9% YoY. The Indian business of Pernod contributes 12% to its global business. Pernod Ricard earns the majority of its sales from premium and semi-premium like Blenders Pride, Royal Stag and Imperial Blue. The company controls half of India’s premium whiskey market and 42% of the imported spirits market. #beverages #alcohol #pernodricard Rishabh Kale

I have moved to India and have been thinking where my experience can find a place. I worked on tea projects for Typhoo when it was part of the Cadbury portfolio. We were looking at developing vending methods, and blends. Masterfoods smashed it with their products. However, The India tea market size reached US$ 11.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 14.7 Billion by 2032, exhibiting a growth rate (CAGR) of 3.18% during 2024-2032. The increasing consumer preference for premium and packaged tea brands, expansion of online retail channels, and awareness regarding the health benefits offered by tea represent some of the key factors driving the market. I think many NPD possibilties are possible to add value to this timeless and growing product.

India Emerges as a Key Growth Market for Pernod Ricard, Driving Long-Term Expansion. Jean Touboul, The Drinks Business, Pernod Ricard India, Pernod Ricard #PernodRicard #IndiaSpiritsMarket #GlobalExpansion #WhiskyInnovation #EmergingMarkets

Step into the world of the largest distillers🥃 as we unveil the giants dominating the alcoholic beverages industry. With 57 major players commanding a staggering combined market capitalization of $926.92 billion, this is a sector driven by a few but mighty manufacturers🌍💰. Discover the top 10 global alcobev manufacturers according to the recent research done by Maximize Market Research, the list is led by China's Kweichow Moutai with a market cap of $243.08 billion. From Anheuser-Busch InBev in Belgium to Diageo in the UK, and Heineken in the Netherlands, these companies are setting the standard worldwide🌎. India also boasts some significant players on the global stage. United Spirits stands as the 15th largest manufacturer globally, leading the spirits industry in India with a market cap of $12.05 billion🥇. United Breweries Ltd., ranked 25th, dominates the beer market with iconic brands like Kingfisher. Radico Khaitan Limited , placed 33rd, continues its legacy with a market cap of $2.72 billion, spreading Indian spirits across the globe🌏. 🤝🏻Join us at the Brews & Spirits Expo from 4-6 September at the 📍KTPO Convention Centre, Whitefield, Bengaluru. This is your chance to 👥connect with the industry’s best, 🔎explore new opportunities, and 💡witness firsthand the giants of the alcobev world.  📝Register now as a visitor and be part of this celebration of global and Indian alcobev excellence! 🎟️𝑹𝒆𝒈𝒊𝒔𝒕𝒆𝒓 𝒂𝒔 𝒂 𝑫𝒆𝒍𝒆𝒈𝒂𝒕𝒆: https://lnkd.in/gVG3PXpx AB InBev | The HEINEKEN Company | PDA Ventures Pvt Ltd | Brews & Spirits | Nazeeba Zarin | Praveen Nair | Infant Vikas | Khushboo Bafna | Deepu Abel | Raghav Tare | Akash D. | Kevin Thomas #AlcobevIndustry #GlobalBevLeaders #BrewsAndSpiritsExpo #Manufacturing #BusinessGrowth #BrewsAndSpiritsExpo2024