The global craft beer market to grow at a CAGR of 11.04% during the period 2017-2021.A microbrewery or craft brewery is a brewery that produces small amounts of beer (or sometimes root beer), typically much smaller than large-scale corporate breweries, and is independently owned. Such breweries are generally characterized by their emphasis on quality, flavour and brewing technique.
Craft beers and microbreweries are niche concepts in India which have been growing for past few years and are beginning to take shape now. They are mushrooming in many parts of the country. This is an emerging trend that is certainly attracting middle class Indians, particularly in urban areas. The craft beer market in India is pegged at Rs. 280 crore and may grow to Rs. 4,400 crore by 2020. This facilitates the development of new technologies and ensures a high quality product.
Few Indian major players are as under
· Appollo Distilleries & Breweries Pvt. Ltd.
· Arthos Breweries Ltd.
· Aurangabad Breweries Ltd.
· Castle Breweries Ltd.
· Devans Modern Breweries Ltd.
· Doburg Lager Breweries Ltd.
· Doon Valley Brewers Ltd.