Cider is an alcoholic drink made especially from fruit juices of special varieties of fruits, containing alcohol around 6-8%. Cider is majorly made from apple, which is generally known as hard cider, and pear cider is known as Perry. Ciders originally belong to Europe, but due to increasing globalization cider drinks are famous across the globe. Ciders have fruity and tarty taste, this refreshing taste is driving the market especially during summers.
Among various product line ciders has various application in various alcoholic beverages. Attractive and convenient packaging is one of the driving force for this market. Due to the fruit content in cider, it provides vitamin C and antioxidants on consumption which helps in reducing the risk of heart disease and asthma. The recent trends of brew pubs and bars have boasted the sale of ciders. Globally, Cider market is growing at the rate of 3.5% during 2016 to 2022.
The major key players in Cider market are
- Old Mout (New Zealand)
- Pimm (England)
- Carling (England)
- Rekorderlig (Sweden)
- Kopparberg (Sweden)
- Bulmer (Scotland)
- Stella Artois (Belgium)
The global Cider market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Among these Europe region has the major market share. Emerging markets like India and China have been considered as potential markets for cider due to growing demand for alcoholic drinks.
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Globally, there is huge demand for alcoholic drinks, due to increasing trends of pubbing from the younger population has increased the consumption of ciders. Apple and pear ciders are the best sellers among all the fruit ciders, however consumers are now open to taste various fruit flavors & with different combination. Apple cider will dominate the market, however pear ciders will be highest growing segment during the forecasted period. Sparkling ciders has shown huge potential in the market, followed by sweet ciders as it contains antioxidants, phytochemicals such as phenolic, flavonoids, and carotenoids, these healthy dose of nutrients from cider is one of the key driving factors from this market. These factors will play a key role in the growth of cider market at the CAGR of 3.5% during 2016-2022.
Study Objectives of Cider Market:
- In depth analysis of the market’s segments and sub-segments
- To estimate and forecast market size by source, type and region
- To analyses key driving forces which are influencing the market
- Region level market analysis and market estimation of North America, Europe, Asia, and rest of the world (ROW) and their countries
- Value chain analysis & supply chain analysis of the market
- Company profiling of major players in the market
- Competitive strategy analysis and mapping key stakeholders in the market
- Analysis of historical market trends and technologies along with current government regulatory requirements
Global Cider Market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Among these APAC region will highest growing market, but as cider is largely consumed in European countries, Europe will dominate the market. Canada, U.S., Australia and Japan are the major importers of cider in the world. Emerging markets like India and China have been considered as potential markets for cider due to growing demand for alcoholic drinks in recent years.
TABLE OF CONTENT
1 Executive Summary
2 Market Introduction
4 MARKET DYNAMICS
5 MARKET TRENDS
6 MARKET FACTOR ANALYSIS
7. MARKET-By Source
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