One Month to Go for Brewer World Conclave 2021: Together for Revival – India’s Largest Beer Industry Gathering (Virtual)
The 1st edition of Brewer World Conclave 2021: Together for Revival, India’s largest beer industry gathering, is being held on May 20th and 21st as a virtual event. Conceptualized as an annual industry event for the global beer & brewing industry to explore, engage and expand business opportunities with the Indian brewing community and vice versa!
Backed by powerful sponsors, this event seeks to unite beer & brewing industry leaders on one virtual platform so as to create a congenial corporate environment to foster collaboration and new working relationships during these pandemic times. Global industry leaders and allied partners will come together to address the current business environment and key challenges while finding appropriate solutions for industry revival through a 2-day power-packed event of panel discussions and presentations. Brands and suppliers will also have an opportunity to showcase their best products and services at an expanded virtual expo hall.
Says Anitha Raghunath, Co-founder & Managing Director of Brewer World: “Traditional in-person events are not currently an option because of the pandemic, but the desire for knowledge-sharing and essentiality of business exchange continues to remain. That is why today, we are seeing so many global events switching to virtual. In fact, research now predicts that 45 percent of future B2B events will be completely virtual.
We therefore warmly welcome all the key industry leaders, their allied partners as well as the community of beer-loving consumers to participate in our first virtual edition of Brewer World Conclave 2021 to connect, network and identify key drivers of growth and definitive strategies for moving ahead.”
The pandemic and our response to it have pushed drinking habits away from bars and into the home. Thousands of enterprises, both big and small, have been forced to shut their doors permanently, while countless others are left scrambling to survive. Against the backdrop of these enormous changes, serving up the right product and message has never been more important for beer businesses, but it’s also never been harder. How drinkers and businesses respond to these changes will in turn set the course for decades to come.
However, the last decade has seen many new international brands entering India, hundreds of microbreweries mushrooming across major cities, and even Indian brands capturing international markets. India has surely attracted the attention of the global beer industry and the growth is inevitable. Thanks to a variety of key factors like globalisation and a larger working-class youth population with greater spending power, the Indian beer industry is forecasted to be one of the world’s fastest-growing alcohol markets in the world.
According to Statista, the Indian beer industry has been responsible for generating a revenue of US$14,981m in 2021. Considering that the market is expected to grow annually by 10.14% (CAGR 2021-2025), the scope of economic benefits provided by the beer industry is huge. Taxes derived from this popular happy hour drink generates a surplus of revenue for the government which can be allocated towards various social services and research and development programmes in addition to offering employment opportunities to hundreds.
On the craft beer segment front, as well, India is set to witness exponential growth. In a relatively short space of 10 years, we have 200+ brewpubs across India, with the newer ones coming up in Mumbai, Pune, Hyderabad, Goa, Kolkata and Chandigarh. Gurgaon and Bengaluru are where the bulk of them are concentrated, fuelled no doubt by the young urban professionals in both locations. Market insights point that India’s emerging beer market is likely to witness an even bigger boom in craft beer consumption in the years to come.
That is why, even in the toughest of times, the Indian beer industry has shown remarkable resilience and continues to be one of the most lucrative markets for international beer makers and allied industry players.
Right now, in a landscape where the existence of the beer industry is seemingly at stake, it is essential to strive towards growth and innovation to drive business forward and retain consumer engagement. Says Suraaj Nair, Co-founder & Director of Marketing at Brewer World: “As India’s first and only platform for the beer & brewing industry, Brewer World has always been synonymous with “beer”. Over the last two years – especially after undergoing our complete virtual transformation from print to web, we have worked tirelessly to build a tightly-knit, authentic community of beer-loving consumers, brewers, brands, business owners, investors and supporting industry partners.
Thus, by virtue of being an exclusive, beer-centric and neutral industry-focused media house, Brewer World has the unique advantage of creating a platform for the Indian beer industry and all its stakeholders to explore opportunities in the global beer market, engage with the world’s top brands and expand business reach internationally.”
With no geographical boundaries and the ease of meeting and discussing business virtually, this two-day initiative by Brewer World aspires to be the ideal platform for the revival of the beer industry – promising infinite networking possibilities and potential leads while saving on time and money. It’s an excellent opportunity to learn from leaders and experts in the field to shape future growth strategies, innovate products and reach new consumer segments in these COVID times.
Don’t miss out! Register now at https://www.brewer-world.com/conclave/index.html to attend!