Cider Market Overview:
The global cider market was valued at $2.48 Billion in 2023 and is projected to reach $9.52 Billion by 2032, registering a CAGR of 18.30% by 2032.
The COVID-19 pandemic moderately impacted the global Cider Market. The supply chain disruption due to trade and lockdown restrictions harmed the market. On the other hand, the rise in penetration of online sales channels positively impacted the market. People were able to buy products through the e-commerce sales channel, which resulted in significant opportunities for the market's growth.
Cider is a low alcohol drink produced by partial or complete fermentation of apple, pear, and other fruit juices. The alcoholic content of the beverages that are preferred by most of the target audience ranges from 1.2% to 8.5% alcohol. Moreover, ciders can be still or carbonated based on secondary fermentation and carbon dioxide injection. Currently, the market registers the highest growth rates compared to other alcoholic drinks in different regions globally.
Market Segmentations:
According to the global cider market analysis, the global market is segmented based on type, distribution channel, packaging, and region. The market is classified into apple-flavored, fruit-flavored, and perry based on type. The market is segmented into the draught, cans, glass bottles, plastic bottles, and others based on packaging. Based on the distribution channel, it is categorized into on-trade and off-trade. The off-trade segment is further divided into supermarkets hypermarkets, specialist retailers, convenience stores, and others globally. Based on region, the market is analyzed across its functions undertaken in regions like North America, Europe, Asia-Pacific, and LAMEA.
Regional Analysis:
Region-wise, Europe dominated the market with the largest cider market share during the forecast period. Ciders and their different varieties are the most common alcoholic drinks in Europe, especially in the UK. The preference for different flavors of ciders changes with different geographical locations. However, most of the European countries have a colder climate, which makes the consumption of alcoholic beverages a common trend. The changes in the market structure have led to a proliferation of a large number of microbreweries, which has fulfilled the demand for craft ciders rather than their mass-produced counterparts. Some of the common ciders in different European countries include Cidre (Bouché), Apfelwein, Sidra, Flavoured Cidre, Perry, and other flavored and traditional counterparts.
Key Players:
Some Key Cider Market Players in the market are as follows:
- Anheuser-Busch Companies LLC
- The Boston Beer Company
- Asahi Premium Beverages
- Heineken UK Limited
- Aston Manor
- Halewood
- CC Group plc
- Distell
Industry News:
The fruit-flavoured segment of the cider market is the most lucrative in the global cider market, owing to the varieties available and innovations done by different manufacturers to attract customers. Moreover, people are increasing their concern about their health and prefer low alcohol gluten-free beverages, which augments the demand for cider in the global market. Also, the presence of various popular brands such as Kopparberg, Woodchuck, and Angry Orchard boosts the expansion of premium quality cider. The global market is more concentrated in Europe and growing rapidly in North America.
Related Reports:
Organic Bakery Products Market Research Report Information By Type (Breads Rolls, Savory Snacks, Cakes Pastries, Cookies Biscuits, and Others), By Category (Gluten-Free and Conventional), And By Region (North America, Europe, Asia-Pacific, And the Rest Of The World) – Market Forecast Till 2030
Rapport d'étude de marché du caviar : informations par type (Sevruga, Osetra, Beluga et autres), canal de distribution (hôtels et restaurants, avions de ligne et navires de croisière, magasins de détail, etc.) et région (Amérique du Nord, Europe, Asie-Pacifique et reste du monde) ; prévisions jusqu'en 2030
Globaler Forschungsbericht für gefrorene Meeresfrüchte nach Produkttyp (Fisch, Krebstiere, Schalentiere, Weichtiere und andere), Vertriebskanal [Ladenbasiert (Supermärkte und Verbrauchermärkte, Convenience-Stores und andere) und nicht im Geschäft] und Region (Nordamerika, Europa, Asien-Pazifik und Rest der Welt) mdash ; Prognose bis 2030
About Market Research Future:
Market Research Future (MRFR) is a world-renowned market research company that offers a wide range of services, complete with accurate and precise analysis about diverse markets, sub-markets and target consumers. Our approach is a combination of extensive information and multiple data sources that help provide an exhaustive comprehension about the latest major developments to the client, in addition to future events and what measures and decisions to take on the basis of the same.
Our fast-emerging market research firm is armed with an adept research analysts’ team that focuses on gathering useful data and analytics in terms of economic and technological advances. Our proficient analysts conduct industrial visits in a bid to achieve reliable and accurate information from established market participants. One of our foremost objectives is to keep the client well-versed with all the lucrative opportunities as well as challenges surrounding various global markets. We offer step-by-step guidance to our clients, through consulting and strategic services, enabling them to arrive at a practical and effective decision.
Contact Us:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street, 5Th Floor,
New York, New York 10013
United States of America
+1 628 258 0071