Market Research Future (Food and Beverages) Cider Market Research Report | Page 3

Global Cider Market Research Report - Forecast to 2022
2 Market Overview
Global Cider Market is projected to grow at the CAGR of 3.5%. Growing popularity of alcoholic drinks, increasing
number of pubs & bars across the globe are the key drivers of this market. However, increase in urbanization and
globalization has increased the popularity of cider. Furthermore, women population prefer ciders, as ciders are
sweeter and fruity in taste, this refreshing taste of cider is anticipated to drive the market during the forecasted period.
Globally, there is huge demand for alcoholic drinks, due to increasing trends of pubbing from the younger population
has increased the consumption of ciders.
Apple and pear ciders are the best sellers among all the fruit ciders, nevertheless consumers are now open to taste
various fruit flavors & different combination. Apple cider will dominate the market, however pear ciders will be highest
growing segment during the forecasted period. Furthermore, sparkling ciders has shown huge potential in the market,
followed by sweet ciders as ciders contains antioxidants, phytochemicals such as phenolic, flavonoids, and
carotenoids, these healthy dose of nutrients from cider is one of the key driving factors from this market.
Regional Analysis:
The global Cider Market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Among
these APAC region will highest growing market, but as cider is largely consumed in European countries, Europe will
dominate the market. Canada, U.S., Australia and Japan are the major importers of cider in the world. Emerging
markets like India and China have been considered as potential markets for cider due to growing demand for
alcoholic drinks in recent years.
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