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Cider Market: The Key To Successful Business Strategy Forecast Till 2031
What is Cider?
The cider market has witnessed significant growth in recent years, driven by shifting consumer preferences towards craft and alternative alcoholic beverages. With a rise in demand for gluten-free options and natural ingredients, cider has emerged as a popular choice for health-conscious consumers seeking flavorful and innovative beverages. Market research indicates that the global cider market is expected to continue its expansion, fueled by increased product diversification, creative marketing strategies, and collaborations with craft breweries. As a consultant or industry expert in the beverage sector, it is imperative to closely monitor these trends and capitalize on the opportunities presented by the growing cider market.
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This entire report is of 103 pages.
Study of Market Segmentation (2024 - 2031)
Cider Market Types are categorized based on alcohol content. Under % includes light and easy-drinking ciders, ideal for casual consumption. The 5.0%-6.0% range features medium-strength ciders with a balanced flavor profile. Above 6.0% comprises strong ciders with a bold and intense taste, typically preferred by seasoned cider enthusiasts.
Cider Market Applications are divided into On Trade and Off Trade markets. On Trade refers to sales made in bars, restaurants, and other establishments where the cider is consumed onsite. Off Trade involves sales through retail outlets where customers purchase ciders to consume at home. Both markets play a crucial role in contributing to the overall growth and popularity of ciders.
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Cider Market Regional Analysis
The global cider market is experiencing substantial growth across regions like North America (NA), Asia Pacific (APAC), Europe, the United States (USA), and China. In NA and Europe, traditional cider-producing regions such as the UK and France continue to dominate the market. In the USA, the market is witnessing rapid growth due to evolving consumer preferences towards craft and premium ciders. In APAC, countries like Japan and Australia are emerging as key players in the market. China, on the other hand, presents immense growth potential with increasing urbanization and changing consumer tastes towards alcoholic beverages. The growing countries in the cider market are India, South Korea, and Brazil, where rising disposable incomes and expanding alcoholic beverage markets are driving the demand for cider products.
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List of Regions: North America: United States, Canada, Europe: GermanyFrance, U.K., Italy, Russia,Asia-Pacific: China, Japan, South, India, Australia, China, Indonesia, Thailand, Malaysia, Latin America:Mexico, Brazil, Argentina, Colombia, Middle East & Africa:Turkey, Saudi, Arabia, UAE, Korea
Leading Cider Industry Participants
Heineken, C&C Group, and Anheuser Busch are market leaders in the cider industry. They have established brands and distribution networks that give them a competitive edge. New entrants like Halewood International Holdings and Aston Manor are challenging the market leaders by introducing innovative products and targeting niche markets. Companies like Distell, The Boston Beer Company, and Carlsberg also play a significant role in the cider market.
These companies can help grow the cider market by investing in marketing campaigns to increase consumer awareness, expanding distribution channels to reach new markets, and developing new flavors and packaging to attract different consumer segments. By collaborating and sharing best practices, these companies can work together to elevate the overall visibility and popularity of cider, ultimately driving growth in the market.
- Heineken
- Distell
- C&C Group
- Aston Manor
- Anheuser Busch
- The Boston Beer Company
- Carlsberg
- Halewood International Holdings
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Market Segmentation:
In terms of Product Type, the Cider market is segmented into:
- Under 5.0%
- 5.0%-6.0%
- Above 6.0%
In terms of Product Application, the Cider market is segmented into:
- On Trade
- Off Trade
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The available Cider Market Players are listed by region as follows:
North America:
- United States
- Canada
Europe:
- Germany
- France
- U.K.
- Italy
- Russia
Asia-Pacific:
- China
- Japan
- South Korea
- India
- Australia
- China Taiwan
- Indonesia
- Thailand
- Malaysia
Latin America:
- Mexico
- Brazil
- Argentina Korea
- Colombia
Middle East & Africa:
- Turkey
- Saudi
- Arabia
- UAE
- Korea
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The Cider market disquisition report includes the following TOCs:
- Cider Market Report Overview
- Global Growth Trends
- Cider Market Competition Landscape by Key Players
- Cider Data by Type
- Cider Data by Application
- Cider North America Market Analysis
- Cider Europe Market Analysis
- Cider Asia-Pacific Market Analysis
- Cider Latin America Market Analysis
- Cider Middle East & Africa Market Analysis
- Cider Key Players Profiles Market Analysis
- Cider Analysts Viewpoints/Conclusions
- Appendix
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Cider Market Dynamics ( Drivers, Restraints, Opportunity, Challenges)
The global cider market is primarily driven by the increasing popularity of craft and artisanal ciders, as consumers seek unique and premium beverages. Growing health consciousness and demand for natural and organic products further propel market growth. However, challenges such as high competition from other alcoholic beverages, regulatory constraints, and fluctuating raw material prices hinder market expansion. Despite these restraints, the rising trend of cider consumption among millennials and the introduction of innovative flavors present significant growth opportunities for market players to capitalize on. Overall, the cider market is poised for steady growth in the coming years.
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