Drink Asia March-April 2020 | Página 4

PUBLISHER’S NOTE Gone are the days when tea was the holy beverage of the commoners, coffee was the refined beverage of the upper class, Cola was the cool beverage of the youngsters and hard drinks were the man’s thing. Nowadays, right from whiskey, wine and cocktails to health drinks and powdered juices, the Indian beverage market is swamped with a plethora of variants and options for alcoholic as well as non-alcoholic lovers. Indian beverages are as diverse as its people, infl uenced by the nation’s vast geography and the weather that comes with it. Hot summers call for thirst-quenching, energizing and refreshing drinks, while chilly winters call for steaming hot cups of goodness. Every region tends to have its own extensive set of drinks appropriate for each season. These most possibly contain a mix of spices and herbs, with blends concocted with the health benefi ts of sourcing local ingredients in mind. India, regardless of being the second-highest producer of beverage, is yet to evolve extensively when it comes to the beverage industry. During the last several years in production, the soft drink and alcohol industry has made signifi cant progress. The global beverage market seems good with prospects for alcoholic and non-alcoholic beverages. Emerging trends that have a direct impact on the dynamics of the industry include the use of natural fl avours and sweeteners to meet consumer health concerns and increased interest in exotic drinks. With lifestyle diseases such as diabetes, hypertension and experiencing an exponential rise in the country, an increasing number of Indians are choosing healthier options, such as naturally healthy fruit and vegetable juice, and nectars. It would be wise to say that Urban India is the key growth driver for naturally healthy beverages. Consumers, mainly millennials, are more health- conscious, and they are keen to try new, healthier options to conventional soft drinks. As soda Publishing Company L.B. Associates (Pvt) Ltd B-4/148C, Safdarjung Enclave New Delhi - 110029 Publisher Linda Brady Hawke Marketing & Events Binoy Sahee [email protected] consumption drops, we have seen more brands develop sparkling water products. Healthy drinks like plant-based waters and functional beverages are also gaining popularity. We are also seeing the rapid adoption of new twists on traditional drinks as well as the greater popularity of new concepts. As large beverage companies align their portfolios to refl ect changing consumer preferences, we would expect to see further changes in the beverage landscape in the future. The bottled water industry has witnessed an unprecedented boom in recent years, again owing to the improvement in living standards of the middle class and a signifi cant increase in their disposable incomes. With the increase in awareness about the health benefi ts of natural mineral water, this segment of the bottled water industry is also going to be promising. In India, malt-based beverages are also named as health drinks as they are packed with nutrition and used to improve the taste of milk. For growing children and the elderly, malt has always been a part of their diet as a nutritious supplement. These are also extensively consumed as taste enhancers to boost the drinking of milk among growing children. It has been widely noted that more and more tea manufacturers are adding green tea in their collection as consumers in India are developing a good taste for the beverage because of its many health benefi ts. To conclude, modern-day markets, changing consumer expenditure, increasing prices due to taxes, collective appetite, and modern technology are anticipated to bring about general changes in this sector in the next coming years. Despite the ongoing challenges in the beverage industry, it is predicted to show favourable gains in the near future. Editor Kanchi Batra [email protected] Desk Editor Saurabh Dwivedi Layout & Design Atul Kumar Subscription [email protected] Neenu Choudhary Website: www.lbassociates.com [email protected] DISCLAIMER: The views and opinions expressed in Drink Asia, are solely those of the authors and do not necessarily refl ect those of the editors or the publisher. Although all efforts have been made to ensure the complete accuracy of text, neither the editors nor the publisher can accept responsibility for consequences arising from errors or omissions or any opinions or advice given. Private Circulation only