Report ID: SQMIG30E2025
Report ID:
SQMIG30E2025 |
Region:
Global |
Published Date: July, 2001
Pages:
157
|
Tables:
94 |
Figures:
76
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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REQUEST FREE CUSTOMIZATIONCider Market size was valued at USD 5 billion in 2019 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).
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Report ID: SQMIG30E2025