Cider Market Growth Trends Highlighted Until 2028

Precision Business Insights published a research report on “Cider Market by Source (Organic, Conventional), By Product Type (Hard, Sparkling, Sweet, Soft, Dry, Others), By Flavor Type (Apple, Perry, Lemmon, Pear, Others), By Packaging (Cans, Draught, Plastic Bottles, Glass Bottles, Others), By Application (Cooking Ingredient, Beverages, Cocktails), By Distribution Channel (Supermarkets and Hypermarkets, Online Stores, Specialty Stores, Others) - Global/Region/Country Forecast to 2028”.

In recent years, craft cider has firmly established itself as the beverage of choice for the millennial generation. Fresh-pressed fruit juice, primarily apple juice, is used to make craft cider, which is then fermented spontaneously with the addition of cider, wine, or sparkling wine yeasts to manage the process. Fermentation converts the fruit's natural sugar to alcohol (cider), which can then be aged or tailored to provide the ultimate flavour experience. Furthermore, when compared to commercial cider, craft cider is manufactured in smaller amounts, without the use of concentrates or chemicals, and uses less sugar. These are the main drivers of global craft cider demand, which has been boosted by changes in consumer behaviour.

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Hard and sweet ciders are gaining immense popularity among beer and wine enthusiasts looking for a new alternative to beer or wine, thanks to a lot of blogging and video uploading on the internet. In addition, unlike beer, cider has a refreshing character and a sweet flavour that appeals to the majority of female drinkers. Aside from that, the cider's low alcohol content as well as gluten-free status are appealing features that are driving up demand from health-conscious consumers. The rise of medium and small cideries is driving the cider market. These small businesses are primarily focused on traditional cider production, whereas larger businesses are more concerned with expanding their product portfolio. In recent years, more dry cider brands have appeared on shop shelves. Western Europe currently dominates the worldwide cider market, followed by Africa and North America. While the market in Asia and Latin America is still in its early stages, revenue is likely to grow in the future.

On the basis of Product, the global market is segregated into Cider and Perry. On the basis of Packaging, the global cider market is divided into Glass Bottles, Draught, Plastic Bottles, Cans, and Others. On the basis of Distribution Channel, the market is divided into Online Trade and Offline Trade.

Owing to the the nutritional benefits of cider, Asia Pacific is expected to rise due to the transition from beer to cider among health-conscious people. The market for fruit-flavored alcohol has exploded as a result of the growing trend of using fruit-sourced components in numerous product categories, particularly beverages. Apple and fruit-flavored ciders are in particularly high demand in countries like China and India.

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Some of the major key players in the Cider Market are Anheuser-Busch Companies LLC, Asahi Premium Beverages, Aston Manor, C&C Group Plc, Carlsberg Breweries A/S, Carlton & United Breweries (CUB), Distell, Halewood, Heineken UK Limited, The Boston Beer Company

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