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Reports > Food And Beverages > Cider Market Report

Cider Market Size, Share, Industry Trends and Forecast to 2033

This report provides a comprehensive analysis of the Cider market, covering insights on market trends, size, segmentation, and growth forecasts from 2023 to 2033. It examines key players, regional dynamics, and technological advancements shaping the industry's future.

Metric Value
Study Period 2023 - 2033
2023 Market Size $15.60 Billion
CAGR (2023-2033) 7.2%
2033 Market Size $31.89 Billion
Top Companies Anheuser-Busch InBev, Heineken, Cider Brothers
Last Modified Date 15 Nov 2024

Cider Market Report (2023 - 2033)

Cider Market Overview

The cider industry is evolving rapidly, characterized by a shift towards craft and premium offerings. Consumers are more inclined towards artisanal products that reflect authenticity and innovation. Additionally, the expansion of distribution channels through e-commerce and the rising trend of local cider festivals has encouraged producers to widen their market reach. Competitive mergers and acquisitions are commonplace as companies seek new markets and diversify their product lines. Furthermore, sustainability is becoming a crucial focus, as companies strive to reduce their carbon footprint and appeal to environmentally conscious consumers.

What is the Market Size & CAGR of Cider market in 2023?

The cider market was valued at approximately $17.60 billion in 2023, with a projected compound annual growth rate (CAGR) of about 8.28% anticipated from 2023 to 2033. This growth is attributed to factors such as increased awareness about cider as a healthier alcoholic beverage alternative and rising disposable incomes. The growing trend of drinking less but better – emphasizing quality over quantity – further fuels cider's market share in the overall beverage sector.

Cider Industry Analysis

The cider industry is evolving rapidly, characterized by a shift towards craft and premium offerings. Consumers are more inclined towards artisanal products that reflect authenticity and innovation. Additionally, the expansion of distribution channels through e-commerce and the rising trend of local cider festivals has encouraged producers to widen their market reach. Competitive mergers and acquisitions are commonplace as companies seek new markets and diversify their product lines. Furthermore, sustainability is becoming a crucial focus, as companies strive to reduce their carbon footprint and appeal to environmentally conscious consumers.

Cider Market Segmentation and Scope

The cider market is segmented based on type (alcoholic vs. non-alcoholic), distribution channel (online vs. offline), consumer group (age demographics), and packaging (bottles, cans, kegs). Alcoholic cider dominates the market share, accounting for around 83% of total sales, reflecting consumer preferences. Additionally, product diversity within these segments showcases the evolving nature of consumer tastes, with specific preferences for packaging impacting sales strategies. The scope includes both local and international markets, indicating robust growth opportunities in emerging economies.

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Cider Market Analysis Report by Region

Europe Cider Market Report:

Europe remains one of the largest markets for cider, forecasted to grow from $5.78 billion in 2023 to $11.82 billion by 2033. The UK leads in cider consumption due to its long-standing tradition and consumer familiarity with diverse cider brands.

Asia Pacific Cider Market Report:

In the Asia Pacific region, the cider market is estimated to reach $5.59 billion by 2033, up from $2.73 billion in 2023. The rise is driven by increasing Western influence and craft beverage trends. The growth of the middle class and urbanization are expected to further elevate demand, particularly in countries like China and Japan.

North America Cider Market Report:

North America represents a significant portion of the cider market, with revenues expected to nearly double from $5.08 billion in 2023 to $10.38 billion by 2033. The strong demand for craft ciders and expansive distribution networks through retailers and e-commerce platforms contribute to this growth.

South America Cider Market Report:

The cider market in South America is projected to grow modestly from $0.09 billion in 2023 to $0.19 billion by 2033. This growth is primarily driven by increasing interest among consumers in alternative alcoholic beverages and the rise in local production of ciders.

Middle East & Africa Cider Market Report:

The Middle East and Africa cider market is anticipated to grow from $1.91 billion in 2023 to $3.91 billion by 2033, driven by rising tourism and a growing expatriate population, fostering new tastes and preferences for cider.

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Cider Market Analysis By Type

Global Cider Market, By Type Market Analysis (2023 - 2033)

The cider market is mainly divided into alcoholic and non-alcoholic segments. Alcoholic cider accounted for a market size of $12.95 billion in 2023 and is expected to grow to $26.48 billion by 2033. Non-alcoholic cider holds a smaller share, valued at $2.65 billion in 2023, projected to reach $5.41 billion by 2033.

Cider Market Analysis By Distribution Channel

Global Cider Market, By Distribution Channel Market Analysis (2023 - 2033)

Distribution is segmented between online and offline channels. The online retail segment showcases robust growth, increasing from $12.95 billion in 2023 to an anticipated $26.48 billion by 2033, while offline retail is expected to grow from $2.65 billion to $5.41 billion.

Cider Market Analysis By Consumer Group

Global Cider Market, By Consumer Group Market Analysis (2023 - 2033)

Market segmentation by consumer group indicates that millennials will dominate, growing from $10.01 billion in 2023 to $20.47 billion by 2033. Other groups, including baby boomers, are also significant, with a size increasing from $3.97 billion to $8.11 billion.

Cider Market Analysis By Packaging

Global Cider Market, By Packaging Market Analysis (2023 - 2033)

Packaging analysis reveals bottles leading the market with size growing from $10.01 billion in 2023 to $20.47 billion by 2033. Cans are also gaining traction, expected to rise from $3.97 billion to $8.11 billion, while kegs maintain a smaller share.

Cider Market Analysis By Price Range

Global Cider Market, By Price Range Market Analysis (2023 - 2033)

Price range segmentation reveals that the low price range segment remains dominant, growing from $10.01 billion in 2023 to $20.47 billion by 2033, capturing significant market share, while medium and high price ranges also show gradual growth.

Cider Market Trends and Future Forecast

Looking ahead to 2033, the cider market is expected to experience continued innovation, with new flavors, organic products, and premium offerings capturing consumer attention. Brands focusing on sustainability and local sourcing are expected to thrive, as well as those embracing digital marketing strategies to engage consumers directly. Challenges may arise from evolving regulatory frameworks and competition from other alcoholic beverages; however, the industry's adaptability may offset these potential downturns.

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Global Market Leaders and Top Companies in Cider Industry

Anheuser-Busch InBev:

A leading global brewer known for its extensive portfolio of beer brands, Anheuser-Busch has incorporated cider into its offerings through brands like Strongbow.

Heineken:

Heineken has increased its presence in the cider market by acquiring popular cider brands such as Bulmers, expanding its reach in various global markets.

Cider Brothers:

An upcoming cider brand known for its craft and premium quality, focusing on organic ingredients and environmental sustainability.

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Illumina
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