IBA’s National Beverage Conclave 2024: Paving the Way for India as a Global Beverage Processing Hub

Author picture

The Indian Beverage Association (IBA) is organizing the National Beverage Conclave 2024, which will be held at the ITC Maurya Hotel, Sardar Patel Marg, New Delhi. The conclave, scheduled for December 4, 2024, shall focus on the theme of “Making India a Global Beverage Processing Hub“.

The Conclave aims to position the Non-alcoholic Beverage Industry as a key driver of Indias transformation into a global beverage processing hub. The conclave will also lay touchstone emphasis on sustainable practices in beverage production, reflecting on the industrys commitment to environmental responsibility. It will spotlight the industrys potential to solidify India’s position as a key player in the global beverage processing market and contribute towards the Government of India’s vision of “doubling farmer’s income and thereby the national economy as part of the “Viksit Bharat initiative.”

The Event shall bring together key stakeholders including Policymakers, Regulatory bodies, Food Processing & Standards Authorities, Export & Trade bodies and other key players within the beverage industry. The global non-alcoholic beverage market was valued at USD 1.8 trillion in 2024 and is expected to reach USD 3.8 trillion by 2034 rising at a CAGR of 7.75%. Similar growth can be observed within India as well, with the industry having a market size of approximately $16 billion in 2023, which is expected to grow to $23 billion by 2028 at a CAGR of 7.29%.

The Indian Non-alcoholic beverage industry also plays a significant role in employment generation, with over a million jobs created across the value chain as of now, up from 6.9 lakh in 2019, driven by 30% market growth. The industry also supports millions of informal workers and contributes substantially to retail incomes, with beverages occupying over 85% of retail stores nationwide and accounting for 11% of the Total Income as an estimate of the retailer’s revenue. Despite being the world’s largest producer of key raw materials like banana, mango, lime, papaya, milk, and sugar, India’s potential as a global beverage processing hub remains untapped due to supply chain gaps and regulatory challenges. Scaling up processing facilities and adopting modern standards can position India as a leader in global beverage production.

Commenting on the conclave, Mr. JP Meena, Secretary General, IBA stated, India holds immense potential to emerge as a global hub for beverage processing. The upcoming National Beverage Conclave 2.0 aims to create meaningful dialogues to help the industry grow. For this event, we are bringing together industry partners and policymakers to unlock and elevate our potential. As an association, we are dedicated to driving innovation, fostering investment, and enabling collaboration to firmly establish India as a global leader in the beverage industry.” He added that major players had already invested Rs 50,000 crore in the sector in the last few years and that investments could rise to Rs 80,000 crore in the next five years with the right facilitative environment.

The Conclave will build on IBA’s roadmap for making India a global beverage processing hub by 2030. It will focus on best practices, policy recommendations, and fostering an ecosystem that drives export-oriented growth, innovation, and international collaboration. It aims to position India as a global beverage processing hub, leveraging the non-alcoholic beverage industry’s potential to contribute significantly to the nation’s economic growth and its journey toward becoming a 5 trillion-dollar economy.

Recent Post

Ikonic India: A Revolutionary Partnership for Indian Creators Between Dhandeel and Ikonic Global

Radio City Launches RCSS Season 16 – A Nationwide Talent Hunt Across 39 Cities

STAGE OTT Unveils the Rohidi Music Festival: A Symphony of Rajasthan’s Cultural Legacy

Wonderful Pistachios Celebrates California Pistachios’ First Advertising Campaign in India

IHCL Goa Resorts Joins Forces with Bisleri International on their ‘Bench of Dreams’ Project, Paving the Way for Sustainability and Community Impact

FedEx International Connect Plus Expands Global Reach, Enhancing Access for India’s e-tailers

DPIIT Partners with JK Cement to Support Product Startups, Innovators, and Entrepreneurs

Discover Olympian Manu Bhaker’s Home, a Story of Style, Strength, and Family in ‘Asian Paints Where the Heart Is’ Season 8

Parimatch Announces Exclusive Partnership with Sunrisers Eastern Cape as Title Sponsor

Bengaluru Overtakes Chennai and Emerges as India’s Best City for Working Women in 2024 in the ‘Top Cities for Women in India’ Survey Conducted by the Avtar Group

Experience An Island of Endless Firsts: Celebrate Every Shade of Love This Valentine’s Day at Kandima Maldives

Crompton Wins National Safety Award Again at Global Safety Summit 2024 Setting New Benchmarks in Workplace Safety and Excellence

thePack.in Raises USD 125K in Angel Round to Support First-Time Pet Parents

SNAM Abrasives Launches High Purity Silicon Carbide to Meet the Evolving Demands of Modern Industries

Midea Group Appoints Mr. Siddharth Saxena as the Country Head for India Operations

CS Academy, Coimbatore Ranked Among India’s Best Schools by Education Today

Aranya City by Raheja Developers Limited: Unlocking the Investment Potential of Plots in South of Gurugram and Senior Living

Solidus Techno Power Announces 110 MWp Captive Solar Project for Jogindra Group in Punjab

MTaI Gears up for MedTekon: World’s Premier Dialogue on MedTech

Mental Health among the Most Searched Words under Wellness in 2024

Asian Paints Unveils Chromacosm: The World’s Largest Architectural Colour System

17-Year-Old Kaamya Karthikeyan Achieves Historic Seven Summits Milestone, Summits Mt. Vinson Massif with Bisleri Vedica

Bovonto-Fame Kalimark Broadens Portfolio with Juices and Dal Products

All India Gem & Jewellery Domestic Council (GJC) Announces New Leadership

Samuthra Infrastructure Announces 10-State Industrial and Business Park Initiative with Massive USD 10 BN Investment, Creating 2 Lakh Jobs

Signify Introduces Philips VitaUp in India: Revolutionizing Personal Well-being Through Light

Super Crop Safe Ltd. Unveils Innovative “Super Gold WP+” Bio-Fertilizer for Sustainable Farming

MMGEIS Students Take a Step Forward in Strengthening the Geospatial Community

Ganga Realty, Renowned Developer Redefining Gurgaon with Anantam, The Tallest Tower, and Nandaka, The Epitome of Green Luxury

2024: A Year of Transformation and Growth in Indian Real Estate

SGT University Hosts Conference on Good Governance to Mark Atal Bihari Vajpayee’s 100th Birth Anniversary

Edel Assurance: The Ultimate Solution for Cashless Premium-Car Repairs

NRI Investment Season: A Booming Opportunity in Indian Real Estate

Marvel Realtors to Add 5 New Icons to Pune Real Estate Market

Rotary District Governor Rtn. N.S. Saravanan Inaugurates Rotary’s Tailoring Skill Development Centre at Dr MGR Janaki College

Over 20,000 People Visit Urban Square Mall for a Spectacular Dubai-style Fireworks Show in Udaipur

A GQ India Exclusive – This Brand is Bringing the Men back with Monochrome Classics

SGT University Hosts Historic Science Symposium for BRICS Nations

Citizens Can Write A Tribute To Create A Forest in the Memory of Industrialist Ratan Tata

Investment Opportunity – Prateek Group’s Upcoming Premium Residences in Siddharth Vihar, Ghaziabad

Empowering Minds, Shaping Futures: The Learning Space’s Journey to Redefining Education

Saudia Wins Cabin Crew of the Year at Aviation Business Middle East Awards 2024

CurveAi Launches DealSpy: India’s First AI Shopping Agent Suite for Online Shoppers

The Allure of Da Nang and Phu Quoc – Top Destinations for Indian Tourists

Sparkle Gift Cards Launches Collaborative Cards to Focus on Specific Causes

SOUKYA Embarks on Global Journey with INR 220 Cr Investment in Portugal

Knowledge-sharing and Recognizing Excellence in Infusion Therapy through the Mastermind Quiz 2024

Parimatch’s Exclusive Gaming Lineup: Fire Boom and Coin Train Holiday Edition

Embrace the Slurp and Celebrate K-Culture with a Side of Ramen

Mumbai, 2025 is About to be Lit! Nando’s is Coming in Hot

Aptivate Achchi Bhookh Quiz – Grand Finale Engages and Unites Students and Parents to Boost Nutrition Awareness

Parimatch Sports Turned Kabaddi Players into Gladiators in its New Ad

PayU Integrates LazyPayEMI to Offer Seamless Checkout Solution for Millions of Indian Consumers

Dr. Narendranadh Meda Introduces Esaote’s Cutting-Edge O-Scan MRI Machine to Enhance Podiatric (Foot and Ankle) care in Hyderabad

Eco-Friendly Gifting Revolution: ‘Gift Kya De’ Among 54 Start-ups Selected for Amazon Propel Season 4 from 900+ D2C Brands Across India

How to Stay Healthy During the Holidays

Surya Sarees Celebrates World Saree Day 2024: A Tribute to Tradition and Timeless Craftsmanship

Two-Day Extravaganza ‘Satluj Pride’ Held at Satluj Public School

Jasprit Bumrah Stars in JK Super Cement’s Bold New TVC, Reinforces New Brand Identity

Industry Leaders Envision 2025 While Declaring 2024 as the Year of Transformation and Innovation

SSBeauty by Shoppers Stop Announces the Launch of Glamfluencer 2025 – India’s First Beauty Reality Show

Suryadev TMT Launches New Campaign Focused on Inner Strength with Three Iconic Brand Ambassadors

Signify Celebrates a Record-breaking Success for its Latest Campaign ‘Hum Raaton Mein Sooraj Ugaate Hain’ Starring Rahul Dravid

Rapyder Achieves Premier Tier Status within the Amazon Web Services Partner Network

Sancta Maria Students Wins Top Honour at ISP MUN Malaysia 2024

Bombay Times and Delhi Times Celebrate 30 Years of Pioneering a New Media Space

Sevilla: A Spanish Haven at the Claridges New Delhi

Pioneers in Senior Care, Antara, Partners with Leading Diagnostics Player Dr. Lal PathLabs to Strengthen its Geriatric Care Services

Stonex Partners with the Prestigious Umaid Bhawan Palace Cup for the 25th Jodhpur Polo Season

Sennheiser Launches Profile Wireless: Creator’s audio Multitool

Intelligence Meets Elegance: Introducing the Powerful Lenovo Yoga Slim 7i Aura Edition

MANA Projects Launches MANA Cresta – Nature-Inspired Homes Rise in Bangalore’s IT Corridor

Max Life Insurance Rebrands to Axis Max Life Insurance Championing the Spirit of Double Bharosa

Truecaller Launches Verified Campaign to Amplify Customer Engagement

NielsenIQ Appoints Joe Ellis as Managing Director for India

Top Auto Leaders Get Together at the World’s Longest Running Program on Vehicle After Sales Service | 10th IVASS by WAF

Dr. MGR Educational And Research Institute – Dept. of Hotel Management & Culinary Arts, Emerges as Overall Champion at Budding Chef Challenge 2024

Aditya Birla Housing Finance Partners with National Housing Bank to Realise the PMAY Vision of ‘Housing for All’

Celebrate The Season of Commitment, with Platinum Love Bands : Rare, Precious, Unchanging Just Like Your Love

Malkist Introduces Double Chocolatey Cracker Biscuits: Double the Chocolate, Double the Delight

Prestige Marks 75 Years of Revolutionizing Home Cooking with Iconic Innovative Products

Lava Launches Blaze Duo with Secondary AMOLED Display at Rs. 14,999

Arena Animation Launches ‘Yuva Scholarships’ to Make Students Employable and Future-ready

Get Ready to Celebrate Christmas and New Year at Bangkok’s EM District with Extended Hours

Pokemon GO to Host India’s First City Safari in Mumbai

Advancing Gender Equity: A Pathway to Inclusive Leadership and Progress

Blue Dart’s ‘Merry Express’ Delivers Festive Cheer with Special Discounts on Domestic and International Shipments

Metropolis Healthcare Introduces Innovative Blood Collection Technology for Enhanced Patient Comfort

21st Edition of MAAC 24FPS International Animation Awards Celebrates Exceptional Talent in the AVGC Industry

11 Luxury Locations to Experience Magical New Year Celebrations