Cider Market Top Manufacturers, Future Investment, Revenue, Growth, Developments, Size, Share and Forecast 2030

Cider Market Poised for Major Growth by 2030

Cider Market Overview:

The global cider market, valued at USD 15.4 billion in 2023, is set to experience robust growth over the next several years. Industry projections estimate a compound annual growth rate (CAGR) of 6.4%, with the market anticipated to reach nearly USD 23.77 billion by 2030. This surge is driven by evolving consumer preferences, health-conscious choices, and innovative flavour offerings.

Cider, primarily made from fermented apple juice, sometimes with additional fruits, has found its niche as a preferred low-calorie and gluten-free alcoholic beverage. The market includes traditional apple ciders, fruit-infused variants, and artisanal or craft ciders, catering to a wide range of consumer tastes. This diversity has contributed to the steady expansion of the cider market globally.

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Key Market Drivers:

1. Health-Conscious Consumers: There is a growing trend towards healthier lifestyle choices, with consumers increasingly opting for low-calorie and gluten-free alternatives. This shift has significantly boosted the popularity of cider. For instance, Strongbow's introduction of low-calorie, no-sugar ciders has resonated well with health-conscious consumers.
2. Innovative Flavors: The market is witnessing a surge in demand for innovative and diverse flavor profiles. Brands like Angry Orchard are leading the way by experimenting with unique combinations such as apple and berry blends or exotic infusions like elderflower.
3. Urbanization and Rising Incomes: The increase in disposable income and urbanization is accelerating cider consumption. Urban populations with higher purchasing power are inclined towards premium alcoholic beverages like cider.
4. Sustainability and Ethical Practices: Cider brands embracing sustainability resonate with conscious consumers. Eco-friendly production methods and sustainable sourcing initiatives by brands like Kopparberg are influencing market demand.

Cider Market Report Scope and Research Methodology:

The Market report delivers a comprehensive qualitative and quantitative analysis, covering market size, share by region and segmentations, pricing analysis, demand-supply gap analysis, and detailed competitive landscape, along with PESTLE and PORTER analysis which provides detailed market dynamics. It includes detailed information on mergers and acquisitions, investment, and expansion plans by key competitors, providing a thorough understanding of the market's current state and future projections. The report's segment analysis highlights the potential of different market segments, offering investors valuable insights into the industry's future. It examines factors expected to impact the market both positively and negatively, ensuring a balanced perspective.

For the competitive analysis, the report profiles market leaders, followers, and new entrants in the industry, detailing their strategies, revenue, partnerships, and joint ventures. This offers a clear view of the competitive landscape. Both top-down and bottom-up approaches were employed to estimate the market size. Secondary research is extensively used to gather the information. Industry reports, government databases, corporate filings, academic research, and online databases, are some of the major secondary sources used in the Cider market study. This secondary data was then validated through primary research, to enhance the credibility and robustness of the findings. The comprehensive nature of this report provides stakeholders with essential insights into market dynamics and future trends.

Cider Market Regional Insights:

Europe remains the dominant force in the global cider market, primarily due to its deep-rooted tradition and the presence of major cider-producing companies. The UK holds a pivotal position, supported by well-known brands and a longstanding cider culture. However, other regions are catching up. North America is projected to exhibit the highest CAGR during the forecast period, driven by a growing consumer base and successful brands like Angry Orchard, which achieved retail sales of over $222 million in 2020.

The Asia Pacific region is also anticipated to drive substantial growth, fuelled by rising living standards, increased disposable incomes, and a growing number of establishments like bars and pubs that serve cider.

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Cider Market Segmentation:

By Product Type

Still Cider
Sparkling Cider
Draft Cider
Apple Cider
Fruit Flavoured Cider
Others

By Packaging Type

Draught
Cans
Glass Bottles
Plastic Bottles
Others

By Distribution Channel

Hypermarkets and Supermarkets
Departmental Stores
Convenience Stores
Online Stores
Others

The cider market is divided into several segments based on the distribution channel, including department stores, convenience stores, online stores, hypermarkets and supermarkets, and others. Because online retailers are becoming more and more popular among consumers worldwide, the online stores sector is anticipated to hold the highest share in the global cider market over the forecast period. Furthermore, increasing internet penetration and rising smartphone usage are predicted to positively impact the worldwide cider industry.

Cider Market Key Players:

North America
1. Anheuser-Busch Companies LLC (Missouri, U.S)
2. The Boston Beer Company (Boston, United States)
3. Angry Orchard (Walden, New York)
4. Smith & Forge (Massachusetts, United States)
5. Woodchuck (Middlebury, VT)
6. Seattle Cider Company (Seattle, Washington)
Europe
7. Asahi Premium Beverages (Victoria, Austria)
8. Aston Manor (Birmingham, United Kingdom)
9. C&C Group plc (United Kingdom)
10. Halewood (London, United Kingdom)
11. Celtic Marches Beverages Ltd (Worcestershire, United Kingdom)
12. Armagh Cider Company (Craigavon, United Kingdom)
13. Cider Ireland (Tipperary, Ireland)
14. Carlsberg Breweries A/S (Denmark, Europe)
15. Carlton & United Breweries (Victoria, Australia)
Middle East and Africa
16. Distell Group Limited (Stellenbosch, South Africa)
Asia Pacific
17. Heineken UK Limited (China)

Conclusion:

The global cider market is on a growth trajectory, driven by health trends, innovative flavours, and expanding regional markets. While challenges persist, particularly from RTD competitors, the industry's focus on sustainability and consumer preferences positions it for significant growth through 2030. Brands that innovate and expand strategically are likely to thrive in this evolving landscape.

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Table of Content: Cider Market:

• The Big Picture: Market size, overview, and key points.
• Our Focus: Specific areas, timeframe, and scope we'll explore.
• Market Players: Who are the big businesses and up-and-comers?
• Market Size: How much money is flowing in this market?
• Market Breakdown: Different types of products/services and their segments.
• Competition Check: How easy (or tough) is it to compete in this market?
• Who's Buying?: Understanding the customer base and their needs.
• Global Market: How does this market differ around the world?
• Decision Time: Making informed choices in this market.
• Market Shifts: What's driving changes in the market?
• Future Look: Emerging trends that will shape the market.
• The Sellers: Who are the major companies selling in this market?
• Competition Analysis: Strengths and weaknesses of the key players.

Key questions answered in the Cider Market are:

• What is Cider?
• What was the Cider market size in 2023?
• What is the growth rate of the Cider Market?
• Which are the factors expected to drive the Cider market growth?
• What are the different segments of the Cider Market?
• What growth strategies are the players considering to increase their presence in Cider?
• What are the upcoming industry applications and trends for the Cider Market?
• What are the recent industry trends that can be implemented to generate additional revenue streams for the Cider Market?
• What is the demand pattern of the Cider Market?
• What major challenges could the Cider Market face in the future?
• What segments are covered in the Cider Market?
• Who are the leading companies and what are their product portfolios in the Cider Market?
• What segments are covered in the Cider Market?
• Who are the key players in the Cider market?

Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2023)
• Past Pricing and price curve by region (2018 to 2023)
• Market Size, Share, Size & Forecast by Different Segment | 2023-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation - A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
o Competitive landscape - Market Leaders, Market Followers, Regional player
o Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of Business by Region
• Lucrative business opportunities with SWOT analysis
• Recommendations

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