USD 5 billion
Report ID:
SQMIG30E2025 |
Region:
Global |
Published Date: December, 2024
Pages:
157
|Tables:
94
|Figures:
76
Cider Market size was valued at USD 5 billion in 2022 and is poised to grow from USD 5.129 billion in 2023 to USD 6.72 billion by 2031, growing at a CAGR of 3.34% in the forecast period (2024-2031).
Cider is a low-alcohol beverage made from apple, pear, and other fruit juices that have been partially or fully fermented. The beverage's alcohol concentration varies from 1.2% and 8.5% by volume (ABV). Furthermore, using secondary fermentation and carbon dioxide injection, ciders can be made still or carbonated.
The global cider market is expected to expand significantly during the forecast period. Increased per capita income and rising demand for premium beverages are driving the market growth. Rising disposable income in China and India are contributing to an increase in demand for high-priced alcoholic beverages in the country. According to the State Council of the People's Republic of China, the country's per capita disposable income was USD 1,265 in the first three months of 2019, up 6.8% year on year in real terms.
US Cider Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 5 billion
Largest Segment
sparkling
Fastest Growth
sparkling
Growth Rate
3.34% CAGR
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Global Cider Market is segmented by Product, by Source, by Packaging, by Distribution Channel and by Region. Based on Product, the market is segmented into Sparkling, Still, Apple wine, Others. Based on Source, the market is segmented into Apple Flavored, Fruit Flavored, Perry, Others. Based on Packaging, the market is segmented into Draught, Cans, Glass Bottles, Plastic Bottles, Others. Based on Distribution Channel, the market is segmented into Hypermarkets, Supermarkets, Specialty Stores, Online Retail, and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Cider Market Analysis by Product
In 2022, sparkling cider was the most popular product, accounting for more than 35% of the market. In comparison to champagne, non-alcoholic but carbonated apple juice is likewise considered a celebratory beverage. Furthermore, the carbonated beverage contains antioxidants, potassium, vitamin B, and carbs, which provide a variety of nutritional benefits. Riboflavin and niacin both vitamins B, are found in sparkling cider and help with energy production, eye health, digestion, and neurological function. However, the product is not recommended for diabetic patients because it lacks the fiber needed to control sugar absorption.
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In 2022, Europe had the largest market share of more than 39%. On a global scale, the region is responsible for the highest apple production. Furthermore, the product's emerging markets are predicted to be the most trending areas of Europe, such as the Czech Republic and Poland.
During the forecast period, Asia Pacific is expected to grow at the fastest rate. The shift from beer to cider is anticipated to increase in Asia Pacific, due to a rising number of health-conscious consumers. The growing popularity of fruit-sourced components in a variety of product categories, especially drinks, has boosted the demand for fruit-flavored alcohol. Apple and fruit-flavored ciders are especially popular in countries like China and India.
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Cider Market Driver
Rise In Consumer Awareness and Popularity of Cider Products to Create Market Opportunities
Cider Market Restraints:
Presence of High Sugar Content Might Not be Suitable for All Age Groups
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The global cider market is fragmented, due to the presence of numerous regional and global players. Key players, such as Carlsberg Breweries A/S, Heineken N.V., and C&C Group Plc are using product innovation as a key strategy to expand their product portfolio and increase their market shares.
Cider Market Top Players Company Profiles
Cider Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research. SkyQuest identified the key dominating segments of the market by offerings and verticals.
As per SkyQuest’s Global Cider Market Report analysis, based on the product type, the sparkling cider segment held the dominating share in the global cider market. While, based on the source, the apple segment is projected to hold the most substantial share in the market during the forecast timeframe.
Report Metric | Details |
---|---|
Market size value in 2022 | USD 5 billion |
Market size value in 2031 | USD 6.72 billion |
Growth Rate | 3.34% |
Base year | 2023 |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
|
Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Cider Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Cider Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Cider Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Cider Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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Report ID: SQMIG30E2025
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