Cider Market Size, Share, Trends & Growth Opportunity [2031]

Report Description

The global cider market is projected to expand at a substantial CAGR during the forecast period, between 2021 and 2028. Cider is a low-alcohol beverage made by the partial or total fermentation of apple, pear, and other fruit juices. It is also known as apple wine since it is mainly made from apple fruit juice. Fermentation converts the fruit's natural sugar to cider, which can then be aged or tailored to provide the ultimate flavor experience. The beverage's alcohol concentration ranges from 1.2% to 8.5% ABV. Ciders can also be still or carbonated as a result of secondary fermentation and carbon dioxide injection. As a dry-type cider contains 6 to 7 % alcohol, it also looks alike beer. Aside from that, adding distilled alcohol to cider is definitely forbidden.

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Market Trends, Drivers, Restraints, and Opportunities:

• Increasing consumption of gluten-free beverages and demand for low-alcohol beverages are expected to boost the market growth.
• Growing demand for luxury spirits due to rising per capita income among a large number of the population are primary drivers of the market.
• Adoption of luxury products, particularly by millennials, as a result of rising living standards, is fueling cider demand in the market.
• Innovation in alcoholic beverages and development with various blends, tastes, and product conditions, are among key factors driving the market.
• High sugar content in cider is a major hindrance to market expansion.
• Growing popularity of cider in expanding markets is expected to present substantial opportunities for market expansion.

Scope of the report:

The report on the global cider market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.

Cider Market Segment Insights:

Conventional segment is projected to hold significant market share

Based on categories, the cider market is bifurcated into conventional and organic. The conventional segment is projected to hold significant market share due to the centuries-old techniques of manufacturing cider. Furthermore, cider is derived from the apple. However, as apple harvest time is often long, cultivars use pesticides and other synthetics to ensure that production matches cider demand. Furthermore, the business techniques employed are unethical. Furthermore, the conventional cider segment is expected to hold a large market share due to some key factors such as less expensive than organic cider. Moreover, the sustainable trade procedures are used while producing organic fruits, organically procured fruits, and massive ciders extraction. Furthermore, organic apples are pesticide-free and taste better; as a result, the cider made from such apples offer taste exquisite.

Sparkling cider segment is anticipated to account for a substantial share

On the basis of types, the market is segmented into apple cider, draft cider, fruit flavored cider, sparkling cider, still cider, and others. The sparkling cider segment is anticipated to account for a substantial share. In comparison to champagne, the non-alcoholic but carbonated type of apple juice is likewise considered to be a celebratory beverage. Furthermore, the fizzy beverage contains potassium, antioxidants, carbohydrates, and vitamin B, which provide a variety of nutritional benefits. Riboflavin and niacin, vitamins B found in sparkling cider, help with energy production, digestion, eye health, and nerve function.

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Apple segment to register a robust growth rate

In terms of sources, the cider market is fragmented into apple, mixed fruit, cranberry, pear, lime, and others. The apple segment is anticipated to register a substantial growth rate during the forecast period. The product provides the health benefits linked with the consumption of apples. Furthermore, Brewing Research International scientists confirm the presence of health-promoting antioxidants in the product derived from apples. The mixed fruit segment, however, is expected to expand at a rapid pace in the coming years as fruit components are becoming more popular in a variety of product areas. The nutritious content of fruits in beverages as well as the health benefits connected with them are likely boost demand in the future years.

Cans segment to expand at a substantial growth rate

Based on packaging types, the market is divided into cans, draught, plastic bottles, glass bottles, and others. The cans segment is projected to expand at a substantial growth rate during the projection timeline due to the ease with which consumers may transport the cider to their houses. Owing to the outstanding metal chemical capabilities, aluminum cans hold an average of 470 ml of cider and keep the content at a steady temperature. Aluminum cans have the physical characteristics to be recycled indefinitely. This segment's growth is aided by the following excellent chemical composition for storage and recyclability property.

Online stores segment is anticipated to hold substantial market share

On the basis of distribution channels, the cider market is segregated into convenience stores, departmental stores, hypermarkets & supermarkets, online stores, and others. The online stores segment is anticipated to hold substantial market share due to the growing popularity of e-commerce websites among people all over the world. Furthermore, rising smartphone penetration and internet usage are likely to propel the worldwide cider market in a positive direction.

Asia Pacific is expected to dominate the market

In terms of regions, the market is classified as Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific is expected to dominate the market owing to the move from beer to cider due to nutritional benefits as a result of increased health-conscious customers. The growing popularity of fruit-sourced ingredients in a variety of product categories, particularly beverages, has boosted the demand for fruit-flavored alcohol. Apple and fruit-flavored ciders are in high demand in countries such as India and China. During the forecast period, the rising millennial population and rising disposable income per capita are expected to boost growth in the region market.

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