Global Cider Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2026

MarketResearch.biz delivers in-depth insights on the global cider market in its upcoming report titled, “Global Cider Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2026”. The global cider market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017–2026. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2026. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global cider market report has been segmented on the basis of product, distribution channel, packaging and region.

Cider is an alcoholic beverage obtained by complete or partial fermentation of juice of fresh apples. The product generally has an alcohol content within range of 1.2% to 8.5 %. It is forbidden to add distilled alcohol to cider.

Increasing spending capacity, changing lifestyle patterns, and increasing demand for beverages with low alcohol content are major factors driving growth of the global cider market. In addition, increasing preference for cider among adults in western countries, and social acceptance of moderate alcohol consumption in some countries are other factors expected to boost growth of the market. Moreover, rising efforts of manufacturers to place cider as a healthy alternative drink compared to other alcoholic beverages is expected to support growth of the global cider market.

However, cultural difference and traditions in some countries is expected to restrain growth of the global cider market.

Increasing government initiatives and technological advancements by manufacturers is expected to create new opportunities to players operating in the global cider market over the forecast period.

Europe market is expected to dominate in the global cider market with higher revenue share as compared to that of the other regional markets, and is expected to continue its dominance during the forecast period. This can be attributed to rising preference for cider among adults and presence of prominent players operating in countries in this region. In Europe cider industry uses about 10,00,000 tons of apple a year, the Europe cider market is using nearly 9% of the EU apples output. The European Cider and Fruit Wine Association promotes responsible consumption and enjoyment as a cultural/social norm, with a view to preventing and reducing alcohol abuse and related harm. North America market accounts for significant revenue share in the global cider market followed by markets in Asia Pacific, Latin America and Middle East & Africa respectively. The market in Asia Pacific is projected to register fastest growth in terms of revenue, owing to factors such as social acceptance of low alcohol beverage in countries in emerging economies in this region and as it offers as a large untapped market for players operating in the global market.

Global Cider Market Segmentation:

By Product:

• Apple Flavored
• Fruit Flavored
• Perry

By Distribution Channel:

• On-trade
• Off-trade
  • Supermarkets & Hypermarkets
  • Specialist Retailers
  • Convenience Stores

By Packaging:

• Draught
• Cans
• Glass Bottles
• Plastic Bottles

By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa