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depth study, analysis, growth, trends, developments, and forecast for the cider market until 2029

Cider Market size was valued at US$ 4.89 Bn. in 2021 and the total revenue is expected to grow at 6.5% CAGR through 2022 to 2029, reaching nearly US$ 8.10 Bn.

Cider Market Overview:

The Cider market research provides a comprehensive insight into the competition, including the market share and company profiles of the world’s biggest rivals. The research scope covers a comprehensive examination of the Cider Market, as well as the causes for variances in the industry’s growth across a variety of sectors.

Market Scope:

Top-down and bottom-up approaches are used to validate market size and estimate market size by segment. The market estimations in the research are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). Weights based on usage rate and average sale price are applied to each area to generate percentage splits, market shares, and segment breakdowns. The country-wise divisions of the overall market and its sub-segments are determined by the percentage adoption or usage of the specified market Size in the relevant area or nation.

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Segmentation:

Hard and sweet ciders are gaining a lot of popularity among beer and wine enthusiasts looking for a new alternative, thanks to a lot of blogging and video uploading on the internet. In addition, unlike beer, cider has a refreshing character and a sweet flavor that appeals to the majority of female drinkers. Aside from that, the cider's low alcohol content and gluten-free status are appealing features that are driving up demand from health-conscious consumers.

Key Players:

• Anheuser-Busch Companies LLC
• Asahi Premium Beverages
• Aston Manor
• C&C Group plc
• Carlsberg Breweries A/S
• Carlton & United Breweries
• Distell
• Halewood
• Heineken UK Limited
• The Boston Beer Company
• Angry Orchard
• Brannland Cider
• Smith & Forge
• Stella Artois Cidre
• Strongbow
• Woodchuck
• The Molson Coors Brewing Company
• Seattle Cider Company

Primary and secondary research is used to identify market leaders, and primary and secondary research are used to calculate market revenue. In-depth interviews with important thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives were conducted as part of the primary study. Primary research comprised in-depth interviews with key thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives, while secondary research included a review of the main manufacturers’ annual and financial reports. Secondary data is used to determine percentage splits, market shares, growth rates, and worldwide market breakdowns, which are then cross-checked with primary data.

The biggest players in the Cider market are as follows:

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Regional Analysis:

Individual market influencing components and changes in market laws impacting current and future market trends are also covered in the Cider market analysis regional overview. Current and future trends are studied in order to evaluate the overall market potential and find profitable patterns in order to get a firmer footing. The geographical market evaluation is based on the current environment and anticipated trends.

COVID-19 Impact Analysis on Cider Market:

End-user industries where Cider are utilized saw a drop in growth from January 2020 to May 2020 in a number of countries, including China, Italy, Germany, the United Kingdom, and the United States, as well as Spain, France, and India, due to a halt in operations. This resulted in a significant decrease in the revenues of enterprises in these industries, as well as in demand for Cider manufacturers, harming the Cider market’s growth in 2020. End-user business demand for Cider has decreased as a result of lockdowns and an increase in COVID-19 occurrences throughout the world.

Key Questions Answered in the Cider Market Report are:

In 2021, which segment accounted for the most share of the Cider market?
What is the competitive landscape of the Cider market?
What are the key factors influencing Cider market growth?
In the Cider market, which region has the most market share?
What will be the CAGR of the Cider market during the forecast period (2022-2027)?

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