Cider Market 2021 Current and Future Growth | Industry Gross Margin, Trends, Share, Size, Progression Status and Forecast till 2030

In a recent published report, Kenneth Research has updated the market report for Cider Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Cider Market products.

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By the end of 2050, the world’s population aged 60 years and above is anticipated to reach 2 billion, states the World Health Organization (WHO), in one of its statistics. Additionally, several manufacturers are increasingly showing interest for manufacturing healthy beverages, which is also anticipated to drive the growth of the market in the coming years.

Global Cider Market was valued at USD 9.81 Billion in the year 2017. Global Cider Market is further estimated to grow at a CAGR of 5.92% from 2018 to 2025 to reach USD 15.84 Billion. European region holds the highest Market share in 2017 and the North American Market is considered as the fastest growing Market in the forecasted period. At a country level, developed markets like U.K, U.S holds the notable Market share in 2017 and Asia-Pacific and LAMEA regions is projected to grow strongly in the coming years.

The major market Players in Cider Market are Aston Manor Brewery Company Limited, Anheuser-Busch Inbev, C&C Group Plc, Brannland Cider, Distell Group Ltd., Halewood International Holdings Plc, Carlsberg A/S, Heineken Holding NV, The Boston Beer Company Inc. and other 13 companies detailed information is provided in research report.

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SWOT Analysis of Cider Market
Strength

Tapped the young generation
Growing need for low-level alcohol beverages
Rising demand for gluten-free and distinct flavors products

Weakness
High sugar content
Inadequate supply of quality raw materials

Opportunity
Emerging Market in developing countries
Improved and attractive Packaging
Increasing demand for variety flavors

Threats
Increased Competition from beer companies
By product, Apple flavor segment holds the highest Market share among fruit flavor and Perry in 2016 with fruit flavored cider expected to grow at highest CAGR in near future.

On the other hand, On-Trade segment by distribution channel types for this Market is expected to grow at the highest CAGR during the year 2018-2025. The Off-Trade segment holds the substantial Market share because of its large availability across regions.

Cider Market Overview By Product
Apple flavored
Fruit Flavored
Perry

Cider Market Overview By Packaging
Draught
Cans
Glass Bottles
Plastic Bottles
Others

Cider Market Overview By Distribution Channel
On-Trade
Off-Trade

Cider Market Overview By Region
North America
• USA
• Canada
Europe
• Germany
• U.K.
• France
• Italy
• Rest of Europe
APAC
• China
• India
• Japan
• Rest of Asia-Pacific
RoW
• Latin America
• Middle East & Africa

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About Kenneth Research

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

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