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Current Issue - June
2008 |
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In this Issue:
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Emerging spirits markets in the Asia-Pacific region
A summarised report on the Asia-Pacific spirits market
by Trilok Desai
The Asia-Pacific region consisting of
22 countries ranging from Pakistan on the west to
Australia and New Zealand in the South and Far East
region up to Japan has emerged as the most promising
market in the international arena. From internationally
renowned cosmetics and fashion brands to the premium and
super premium liquor brands, all have found a way into
these markets and every country with "anything sells
here" tag opens its doors for hoards of multi national
companies to set up business in today's most challenging
market called Asia-Pacific region.
With varied demographics and diverse
character, the markets also have different drinking
habits as well as spending power. In a nutshell one
could say that the region is bubbling with activities
and in most countries it is experiencing upward
mobility.
China with a population of 1.3
billion and that of India with a population of 1.1
billion makes the largest market in the world for any
products including that of alcobev products. India,
Japan, China and South Korea are one of the most
important markets in the region... |
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Overview: Spirits Industry driven by world class brands
It's
gala time for the alcoholic beverages industry as India
emerges as the Asian giant with an unquenchable thirst.
India is now regarded as the largest spirits market in
Asia-Pacific accounting for a huge chunk of regional
revenues.
The picture is getting prettier, what
with the cost of imported spirits & wines in India
dropping following the government's decision last year
to withdraw additional duties on foreign alcohol
products.
Foreign beverage groups are now
feeling more than welcome, better able to compete with
domestic brands in the country in terms of pricing...
read more |
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Overview of Indian Beer Markets and its rulers
The
country's beer market is estimated to be around 155
million cases a year and growing at 15 per cent
annually. This has created a beeline of top brewers from
all over the world keen to get their labels on the
shelves and into the hearts of consumers. Here is a
summarised report on the Indian beer market and what the
market leaders have to say about it.
Experimentation is the new watchword of a young and
upwardly mobile India and manufacturers are flooding the
market with new sub-categories like low alcohol content
and fruit-flavoured beers. Add to this the concept of
beer gardens which are coming to India in a big way, and
you have more fizz than can be handled!
With Multinational beer majors
introducing newer categories in the segment, not only
has competition hotted up, but a new era of brand
loyalty in the beer segment has begun-especially with
premium beer catching on among the trendy. And it’s not
just the upper echelons that are enjoying the fare.
After all, it’s been a trickle down all the way to the
common man... read
more |
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Import market thrive despite growing domestic liquor
sale
The
earliest Indian wine imports were by the Moghul emperors
in the 16th century who imported Shiraz from Iran and
imbibed it from chalices. But religious sentiments and
Gandhian principals ensured it stayed moribund till
recent times. The Indian imported
wine market is slated to be around 220,000 cases up by
around 50,000 cases as compared to last years figures of
1,70,000 cases. This constitutes around 20 per cent of
the total Indian wine market estimated to be over 15
million litres. These figures do not include bulk wine
imports, wines hand-carried by passengers, and smuggled
wine. Overall growth is in the region of 30 per cent...
read more |
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Overview: The Great Indian Wine Dream
The
Indian alcoholic beverage industry is a little over US$
10 billion (Rs.45,000 crore) but the wine industry is
valued at 100 million US$, a clear indicator of the
scope of the Indian wine industry currently growing at
30 per cent, fuelled by strong growth in the domestic
wine consumption. Traditionally a
whisky market, Indian wine makers are making a
determined effort to convert the nasha loving Indians to
enjoy the finer aspects of wine. Wine has been made in
India for many thousands of years, some say for 5,000
and even more. Today India has 123,000 acres of
vineyards, but only 8,000 acres are used for wine
grapes... read more |
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Overview: Ethanol to fuel distillation plants growth
Ethanol,
just recently termed as the green gold is back in
fashion. As oil prices touch a record high of US$140 a
barrel, there is likely to be a paradigm shift towards
ethanol. As markets estimate the cost of producing
ethanol to be around US$45 a barrel, the economics could
not be better. Besides high oil
prices, the growing interest in ethanol is that many
countries would like to meet their greenhouse gas
abatement targets under the Kyoto Protocol and it could
also facilitate an export opportunity for the
self-sufficient countries.
The Indian bioethanol market is also
grappling with availability issues, as ethanol is
primarily manufactured from molasses - a by-product of
sugar. Since sugarcane production is cyclical, the
availability and cost of production of bioethanol will
vary depending on sugarcane crop yields...
read more |
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Indian wine industry calls for a wine board
Abhay Kewadkar, the Senior Vice President & Chief Wine
Maker from UB group presented a paper on the promising
wine culture in India on behalf of the entire wine
industry at the recently held Alcobev conference. A
report.
Though we have enough references
about wine being consumed during Moghul empire in 13th
century and also in famous "Rubiyats" of Omar Khayyam,
this art of crafting wines was forgotten for quite
sometime, to the extent that there was no wine culture
in India, till about 25 years back.
Back in 1984, the only wines
available in the market were Golconda and Bosca, apart
from some locally produced Goan wines. There were hardly
any wine varieties of grapes. During the beginning of
his career as a wine maker, Abhay was always questioned,
"When there is no wine culture in India, how you intend
to sell the wines?" Abhay says, "For me, this was like a
chicken & egg story. My retort always was that, when
there is no good wine available, how can a wine culture
come?" But, today wine industry is one of the fastest
growing industries and all the multinationals in
spirits/beverages industry like UB, Diageo and Seagram
have extended the wine business in India, by setting up
wine production facilities locally. This obviously, is
in addition to the already established players like
Chateau Indage, Sula and Grovers... |
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Champagne sales spark, but bubbles burst in U.S.
Those few venerable vineyards that boast the right to
produce real French champagne from the "treasured terroir" may be facing competition! France is looking
into expanding the strictly defined area where champagne
is made. Method by which champagne is made dates back to
1638 and a monk named Dom Perignon has been attributed
with its creation, writes Dr. Mohan Krishna.
Champagne has become a popular drink
among young, high- spending professionals living in
cities from Mumbai to Shanghai and Tokyo to New York.
Champagne screams celebration! What would New Years' Eve
party be like without Champagne? You can't shake up your
bottle of Cabernet and spray it on everyone-- it stains.
Champagne does not stain; it is festive, traditional,
and fun to drink.
There is a loud "pop" when opening,
signifying the party has begun. There are millions of
tiny bubbles you swallow when drinking, like a big
explosion in your mouth that leaves you wanting for
more. Champagne tastes good with everything and with
nothing at all!
Champagne producers have long pushed
for more space. Global warming, which has already shaken
up the wine industry worldwide, is also complicating the
researchers. As they investigate new territory, they
have to project what the climate could be in another
generation or more.
Experts say the maximum number of
bottles that can be wrung out of that land is 350million
and claim the champagne industry is a victim of
commercial success, strict red tape and an ingrained
conservative mentality of those who grow its grapes. |
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The vibrant v/s the
mystic
The New World of exciting young and vibrant Wines Vs the
Mystic Old World of aged and traditionally crafted wines
is quite interesting, says Sumedh Singh Mandla.
Wine making tradition goes time
immemorial and we see mention of wines centuries ago in
Greek and Roman history. European countries like France,
Italy, Spain, Germany, Austria, and Greece are the
traditional wine making countries with their heritage
going back to centuries ago. Over this period, the
vineyards and the wine making traditions have been
passed on from generation to generation. However, over a
period of time, many new techniques have evolved which
have resulted in the fine quality of these wines.
Needless to say, wine makers from these countries take
deep pride in their rich heritage and tradition.
The one person who has taken this
pride to the extreme end – much to the delight of wine
lovers - is George Duboeuf. The undisputable (and
unofficial) "King" of Beaujolais, France produces and
distributes nearly 25 million of the 175 million bottles
of wine produced by this region annually. George Duboeuf
has not only perfected the art of winemaking, but has
perfected the art of exhibiting his love for wine by
creating "Le Hameau du Vin" ("The Village of Wine") – a
museum of wine! This mammoth learning and tasting centre
includes a dizzying array of choices - fancy a wine
tasting? Go to the free tasting bar! Feel like learning
more about wine bottling? Go to the section devoted to
corks and bottles! Fancy seeing an art exhibit? Go to
the Art Section! And the ride just doesn't end. |
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Hues of
cocktails this summer
Not just staid colours of alcohol but a vibrant pink,
red, blue, green; or indeed the built up shades of a
sunrise, aquamarine blue, even a deadly black if needed
– a rainbow would pale at the options available in a
glass of cocktail. If winter is all about nursing good
malt, or sipping a spiced punch to warm the throat,
summer is all about crushed ice, fancy garnishes and
funky glasses.
Technically just a style of mixed
drink it might have come as a call of the hour, but it
definitely contains one or more types of liquor, would
have flavour and then addition of juices, soda, honey,
water, cream, herbs, even bitters before being garnished
and then served. Popularity of Vodka as a cocktail base
is recent phenomenon not even half a century old maybe.
Many traditional cocktails including celebrated martini
is now served with vodka.
Etymology at the internet sites tells
as to why it is called a cocktail; each story fancier
than the other and some would bring a chuckle to the
most serious reader. Take a trip down that lane if
desired; makes for great party conversation in a dull
moment. Largely good cocktails allow no lull in the
conversations! Maybe in times gone by a feather from a
cock was put in the drink as a decoration and to signal
that the drink contained alcohol, or it was named after
a mixed breed horse; today they are folklores. It is
nicer to check out various cocktails on offer than to
argue as to where the term originated.
Cocktails for Delhi belly
Each five star hotel in Delhi has its own bar with
its ambience. Majority of clientele is the in house
guest, yet there are regular local tipplers too. In
Ricks at the Taj Mahal hotel it is the vast cocktail
offering that might attract people; as would in Aura at
the Claridges or the Polo Lounge in the Hyatt. The Three
sixty Bar and Lounge of the Oberoi might be celebrated
due to its wine list but the equally impressive wine
list and a large selection of cocktails and other drinks
at 24/7 – the outlet of Intercontinental would attract
others. |
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