The global market for Cider is estimated at US$19.5 Billion in 2023 and is projected to reach US$28.3 Billion by 2030, growing at a CAGR of 5.4% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the cider market is driven by several factors. Firstly, there is a rising consumer preference for natural and locally sourced products, which aligns with the artisanal and craft qualities of many ciders. Consumers are increasingly looking for beverages that reflect authenticity and craftsmanship, and cider fits this trend perfectly. Secondly, the increasing awareness and appreciation of cider’s versatility and diversity in flavors are attracting a broader audience. People are discovering that cider can be enjoyed in many different contexts, from casual gatherings to fine dining. Technological advancements in cider production, such as improved fermentation processes and better quality control, are enhancing product consistency and quality, making it easier for producers to meet consumer expectations. Moreover, the expanding distribution networks, both online and offline, are making cider more accessible to consumers worldwide. E-commerce platforms, specialty beverage stores, and larger retail chains are all contributing to the wider availability of cider. Additionally, the popularity of cider festivals and events is boosting consumer engagement and education about the product. These events provide opportunities for consumers to taste a variety of ciders, learn about the production process, and meet the producers. Lastly, marketing strategies that highlight the rich heritage and contemporary appeal of cider are effectively capturing consumer interest and driving market growth. These campaigns often emphasize the connection between cider and its historical roots, while also showcasing its modern, innovative aspects. Together, these factors are creating a dynamic and rapidly expanding market for cider.
The growth in the cider market is driven by several factors. Firstly, there is a rising consumer preference for natural and locally sourced products, which aligns with the artisanal and craft qualities of many ciders. Consumers are increasingly looking for beverages that reflect authenticity and craftsmanship, and cider fits this trend perfectly. Secondly, the increasing awareness and appreciation of cider’s versatility and diversity in flavors are attracting a broader audience. People are discovering that cider can be enjoyed in many different contexts, from casual gatherings to fine dining. Technological advancements in cider production, such as improved fermentation processes and better quality control, are enhancing product consistency and quality, making it easier for producers to meet consumer expectations. Moreover, the expanding distribution networks, both online and offline, are making cider more accessible to consumers worldwide. E-commerce platforms, specialty beverage stores, and larger retail chains are all contributing to the wider availability of cider. Additionally, the popularity of cider festivals and events is boosting consumer engagement and education about the product. These events provide opportunities for consumers to taste a variety of ciders, learn about the production process, and meet the producers. Lastly, marketing strategies that highlight the rich heritage and contemporary appeal of cider are effectively capturing consumer interest and driving market growth. These campaigns often emphasize the connection between cider and its historical roots, while also showcasing its modern, innovative aspects. Together, these factors are creating a dynamic and rapidly expanding market for cider.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Apple Flavored Cider segment, which is expected to reach US$16.8 Billion by 2030 with a CAGR of a 5.1%. The Fruit Flavored Cider segment is also set to grow at 6.0% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $5.1 Billion in 2023, and China, forecasted to grow at an impressive 8.5% CAGR to reach $6.5 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Cider Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Cider Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Cider Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Aston Manor Cider, C&C Group plc, Distell Group, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 194 Featured):
- Aston Manor Cider
- C&C Group plc
- Distell Group
- Halewood International Holdings PLC
- Heineken N.V.
- The Boston Beer Company, Inc.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISSOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- Aston Manor Cider
- C&C Group plc
- Distell Group
- Halewood International Holdings PLC
- Heineken N.V.
- The Boston Beer Company, Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 349 |
| Published | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 19.5 Billion |
| Forecasted Market Value ( USD | $ 28.3 Billion |
| Compound Annual Growth Rate | 5.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 6 |
