Press release
Cider Market size was valued at USD 15.4 billion in 2023 and the total Cider Market revenue is expected to grow at a CAGR of 6.4 % from 2024 to 2030, reaching nearly USD 23.77 billion.
A global Material & Chemical business-consulting firm, Maximize Market Research, has published a market intelligence and competitive landscape report on the "๐๐ข๐๐๐ซ ๐๐๐ซ๐ค๐๐ญ." The report is a combination of primary data and secondary data and domain experts have analysed the Cider Market from a local, regional and global point of view. Over the forecast period, Maximize Market Research expects the Cider Market to grow from US $ 15.4 Bn. in 2023 to US $ 23.77 Bn. in 2030 at a CAGR of 6.4%๐๐๐ญ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐ฏ๐ ๐๐ซ๐๐ฉ๐ก๐ฌ: https://www.maximizemarketresearch.com/request-sample/27300/
๐๐ข๐๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ
Cider is an alcoholic beverage made primarily from fermented apple juice and occasionally other fruits. The global cider market has witnessed steady growth owing to factors such as increasing consumer interest in low-calorie and gluten-free alternatives, innovations in flavors and variants, and its rising popularity as an alternative to alcoholic drinks. UK and Ireland have historically dominated the market, other regions like Africa and Asia Pacific are experiencing growth opportunities.
๐๐ข๐๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ
The growth of the cider market is driven by healthier lifestyle trends with consumers opting for low-calorie, gluten-free alternatives like Strongbow's no-sugar ciders, and the introduction of innovative flavors and variants such as apple-berry and elderflower by brands like Angry Orchard. Cider's appeal as a refreshing, low-alcohol alternative to beer or wine, alongside the rising demand for craft and artisanal ciders, further propels the market. Increased availability through diverse retail channels and online platforms, combined with new market and export opportunities seized by brands like Aspall, also contribute to growth. Effective marketing and branding strategies, like Stella Artois leveraging its beer brand reputation, enhance consumer perceptions. Additionally, rising disposable incomes and urbanization boost premium cider consumption, while on-premise consumption culture in bars and restaurants, coupled with sustainability and ethical practices by brands like Kopparberg, significantly influence the market.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ฎ๐ซ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.maximizemarketresearch.com/request-sample/27300/
๐๐ข๐๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
Europe is the leading region in the global cider market and is expected to maintain its stronghold. The UK plays a crucial role with numerous major cider-producing enterprises. Central European countries, Spain, and Belgium contribute unique cider varieties, such as sour notes in Rhineland-Palatinate and Hesse. North America is expected to exhibit the highest CAGR in the global cider market during the forecast period. Angry Orchard was the most popular US cider brand in 2020, with retail sales exceeding $222 million. Brands like Bold Rock, 2 Towns, and Ace also contribute to the market's growth. Asia Pacific region is anticipated to drive substantial growth in the global cider market. increase in bars, pubs, and restaurants serving cider, coupled with higher disposable incomes, is expected to boost the cider market in the region.
๐๐ข๐๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐จ๐ฉ๐:
โข Market Size in 2023: US $ 15.4 Bn.
โข Market Size in 2030: US $ 23.77 Bn.
โข CAGR: 6.4%
โข Forecast Period: 2024-2030
โข Base Year: 2023
โข Number of Pages: 284
โข No. of Tables: 133
โข No. of Charts and Figures: 183
โข ๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐จ๐ฏ๐๐ซ๐๐: By Product Type, Packaging Type, Distribution Channel
โข ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐๐จ๐ฉ๐: North America, Europe, Asia Pacific, Middle East and Africa, South America
โข ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐: Market Share, Size and Forecast by Revenue | 2023-2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, SMR Competition Matrix, Competitive Leadership Mapping, Global Key Players' Market Ranking Analysis.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/inquiry-before-buying/27300/
๐๐ข๐๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐ฒ๐ฉ๐:
โข Still Cider
โข Sparkling Cider
โข Draft Cider
โข Apple Cider
โข Fruit Flavored Cider
โข Others
๐๐ฒ ๐๐๐๐ค๐๐ ๐ข๐ง๐ ๐๐ฒ๐ฉ๐:
โข Draught
โข Cans
โข Glass Bottles
โข Plastic Bottles
โข Others
๐๐ฒ ๐๐ข๐ฌ๐ญ๐ซ๐ข๐๐ฎ๐ญ๐ข๐จ๐ง ๐๐ก๐๐ง๐ง๐๐ฅ:
โข Hypermarkets and Supermarkets
โข Departmental Stores
โข Convenience Stores
โข Online Stores
โข Others
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐จ๐ ๐๐ข๐๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐ข๐ง๐๐ฅ๐ฎ๐๐:
โข Anheuser-Busch Companies LLC (Missouri, U.S)
โข The Boston Beer Company (Boston, United States)
โข Angry Orchard (Walden, New York)
โข Smith & Forge (Massachusetts, United States)
โข Woodchuck (Middlebury, VT)
โข Seattle Cider Company (Seattle, Washington)
๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐๐๐ญ๐ ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ญ๐ฎ๐๐ฒ: https://www.maximizemarketresearch.com/market-report/global-cider-market/27300/
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ข๐๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐
โข What is the growth rate of the Cider Market?
โข Which region is expected to dominate the Cider Market?
โข What is the expected Cider Market size by 2030?
โข Which are the top players in the Cider Market?
โข What are the factors driving the Cider Market growth?
โข Which country held the largest Cider Market share in 2023?
๐๐๐ฒ ๐จ๐๐๐๐ซ๐ข๐ง๐ ๐ฌ :
โข Past Market Size and Competitive Landscape (2018 to 2023)
โข Past Pricing and price curve by region (2018 to 2023)
โข Market Size, Share, Size & Forecast by Different Segment | 2024-2030
โข Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
โข Market Segmentation - A detailed analysis of the Offerings, Vertical, Application and Region
o Competitive Landscape - Profiles of selected key players by region from a strategic perspective
o Competitive landscape - Market Leaders, Market Followers, Regional player
โข Competitive benchmarking of key players by region
โข PESTLE Analysis
โข PORTER's analysis
โข Value chain and supply chain analysis
โข Legal Aspects of Business by Region
โข Recommendations
๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐ข๐ฌ ๐ฅ๐๐๐๐ข๐ง๐ ๐๐๐ญ๐๐ซ๐ข๐๐ฅ & ๐๐ก๐๐ฆ๐ข๐๐๐ฅ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐๐ข๐ซ๐ฆ, ๐ก๐๐ฌ ๐๐ฅ๐ฌ๐จ ๐ฉ๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐๐ ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
โฆ ๐๐ ๐ ๐๐ฎ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ size was reached a value of 11.28 Mn in 2022 and the total Value is expected to grow at 4.67% through 2023 to 2029, reaching value nearly about 15.53 Mn.
โฆ ๐ ๐ซ๐ฎ๐ข๐ญ ๐๐ฎ๐ข๐๐ ๐ฆ๐๐ซ๐ค๐๐ญ was valued at US$ 152.53 Bn. in 2023 and the total revenue is expected to grow at 4.31% through 2024 to 2030, reaching nearly US$ 204.94 Bn.
๐๐ฎ๐ซ ๐๐๐๐ซ๐๐ฌ๐ฌ:
๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐ฏ๐ญ. ๐๐ญ๐.
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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