Craft Cider Market Share Evolution and Market Growth Trends 2024 - 2031
Executive Summary
The Craft Cider market research reports indicate a positive outlook for the industry, with an expected growth rate of 11% during the forecasted period. Market conditions point towards increasing consumer preference for craft ciders over mainstream alternatives due to their unique flavors, premium quality, and artisanal production methods.
Market trends in the Craft Cider industry include rising demand for organic and natural ingredients, innovative flavor combinations, and sustainable packaging. Consumers are increasingly seeking out craft ciders that are locally sourced, small-batch produced, and offer a premium drinking experience.
Geographically, the Craft Cider market is well-established in North America and Europe, with a strong presence in countries such as the USA and the United Kingdom. The Asia-Pacific region, specifically China, is emerging as a key market for craft ciders, driven by changing consumer preferences and increasing disposable incomes.
In North America, the USA leads the Craft Cider market with a diverse range of brands and styles catering to different consumer preferences. In Europe, countries like the UK, Spain, and France are known for their rich cider-making traditions and vibrant craft cider scene. In Asia-Pacific, China is experiencing a growing interest in craft ciders, with a burgeoning market for premium and artisanal products.
Overall, the Craft Cider market is poised for significant growth in the coming years, driven by factors such as changing consumer preferences, innovative product offerings, and expanding market reach across different regions. The industry's commitment to quality, authenticity, and sustainability will continue to drive its success and appeal to consumers looking for unique and flavorful beverage options.
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Market Segmentation:
This Craft Cider Market is further classified into Overview, Deployment, Application, and Region.
In terms of Components, Craft Cider Market is segmented into:
- Angry Orchard
- Stella Artois Cidre
- Woodchuck
- H. P. Bulmer (Strongbow)
- Crispin
- 2 Towns Ciderhouse
- Seattle Cider Company
- Tieton Cider Works
- Elemental
- Incline Cider
- Ace Cider
- Schilling
- Portland Cider Company
- Reverend Nat's Hard Cider
- Dragon's Head Cider
- Finnriver
- Alpenfire Cider
- Snowdrift Cider
- Stem Ciders
- Golden State Cider
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The Craft Cider Market Analysis by types is segmented into:
- Under 6.0
- 6.0-7.0
- Above 7.0
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The Craft Cider Market Industry Research by Application is segmented into:
- Online Retail
- Off Retail
In terms of Region, the Craft Cider Market Players available by Region are:
North America:
- United States
- Canada
Europe:
- Germany
- France
- U.K.
- Italy
- Russia
Asia-Pacific:
- China
- Japan
- South Korea
- India
- Australia
- China Taiwan
- Indonesia
- Thailand
- Malaysia
Latin America:
- Mexico
- Brazil
- Argentina Korea
- Colombia
Middle East & Africa:
- Turkey
- Saudi
- Arabia
- UAE
- Korea
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Key Drivers and Barriers in the Craft Cider Market
Key drivers in the Craft Cider market include increasing consumer demand for natural and artisanal products, growing interest in unique and diverse flavor profiles, and a trend towards supporting local and small-scale producers. Barriers to growth may include limited mainstream awareness of craft cider, competition from established brands, and challenges in distribution and marketing. Challenges faced in the market include navigating complex regulations and licensing requirements, securing consistent sources of high-quality fruit, managing production costs, and differentiating products in a crowded market. Additionally, limited shelf space in stores and potential price sensitivity among consumers can pose obstacles for craft cider producers.
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Competitive Landscape
One of the major players in the craft cider market is Angry Orchard, which is owned by the Boston Beer Company. Angry Orchard was launched in 2011 and has since become one of the leading cider brands in the United States. The brand offers a variety of flavors and styles of cider, catering to a wide range of consumer preferences. With its strong marketing efforts and widespread distribution, Angry Orchard has achieved significant market growth and has a large market size in the craft cider industry.
Another notable player in the market is Woodchuck Cider, which was founded in 1991 in Vermont. Woodchuck is known for its innovative flavors and commitment to quality ingredients. The brand has experienced steady growth over the years and has established a loyal customer base. Woodchuck has a significant market share in the craft cider industry and continues to expand its presence in the market.
In terms of sales revenue, as of the information available, Seattle Cider Company reported annual sales revenue of around $5 million, while Snowdrift Cider reported annual sales revenue of approximately $ million. These figures indicate the strong performance of these companies in the craft cider market and highlight their success in catering to consumer demand for high-quality craft ciders.
Overall, the competitive craft cider market is characterized by a diverse range of players offering unique flavors and styles of cider. With the growing popularity of cider among consumers, these companies continue to innovate and expand their product offerings to stay competitive in the market.
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