India beer market grew 14.6% in 2024, fastest among major markets

Kirin Holdings data shows India's beer consumption outpaced all major markets in 2024, growing 14.6% YoY against a global base of 194B liters. Young demographics, rising disposable incomes, and urbanization are fueling demand, drawing global brewers and malt suppliers to scale India footprints.

— Source publishedMon, 22 Jun, 2026, 13:17 IST·First seen Mon, 22 Jun, 2026, 13:40 IST·Source Business Today · Latest

What happened

India Beer Market · India's beer consumption grew 14.6% YoY in 2024, the fastest among major markets per Kirin Holdings data. Young demographics, rising

Key facts

  • 14.6% YoY growth 2024
  • 194 billion liters global consumption
  • China 40.5B liters
  • US 22.3B liters

Why this matters

Scout bolt-on acquisitions of regional Indian craft brewers or malt processors to establish a footprint before global majors consolidate the category.