AB InBev India – Outpaces Beer Industry with Double-Digit Growth

Expert Analysis:

• AB InBev grew faster than India’s beer industry in H1 2026, recording strong double-digit growth versus around 12% industry growth and reaching roughly 20% overall market share.

• Premium beer grew ~20% during January–June, with premium and super-premium brands accounting for around 65% of AB InBev India’s volumes. Budweiser, Corona and Hoegaarden remain key growth drivers.

• Policy changes in Maharashtra and Karnataka are supporting category growth, with Maharashtra’s beer market reportedly expanding around 40% as taxation becomes more favourable for beer versus spirits.

• Cans are becoming an important growth format, accounting for over 40% of AB InBev’s volumes, versus about 28% for the overall market. The company is also evaluating low-ABV offerings as consumer preferences evolve.