The Latest Cider Industry Statistics Explained
The global cider market was valued at USD 4.33 billion in 2020.
The statistic that the global cider market was valued at USD 4.33 billion in 2020 indicates the total worth of cider sales worldwide during that year. This figure represents the monetary value of cider products sold across various markets, brands, and regions on a global scale. The valuation provides insight into the size and economic significance of the cider industry in 2020, serving as a key metric for understanding the market’s growth, trends, and consumer demand for cider products. This information is essential for market analysis, business decision-making, and forecasting future industry developments within the cider market.
The cider market is expected to grow at a CAGR of 3.1% from 2021 to 2028.
The statement indicates that the cider market is projected to experience a Compound Annual Growth Rate (CAGR) of 3.1% from the year 2021 to the year 2028. This growth rate serves as a measure of the annual growth rate over a specific period, providing insight into the market’s expected expansion trajectory. A CAGR of 3.1% suggests a steady, albeit moderate growth trend in the cider market over the stated time frame, indicating potential opportunities for industry players and stakeholders to capitalize on the increasing demand for cider products.
Europe held the largest market share in 2020, accounting for more than 57% of the market value.
The statistic “Europe held the largest market share in 2020, accounting for more than 57% of the market value” indicates that in the year 2020, Europe’s market dominance in a specific industry or sector was substantial, with more than 57% of the total market value attributed to European businesses. This suggests that European companies were major players in the market during that period, outselling competitors from other regions. The high market share held by Europe implies that it was a key market driver and likely influenced market trends and dynamics in the industry during that year.
The UK is Europe’s largest cider producer and consumer, with over half of the European cider market.
The statistic that the UK is Europe’s largest cider producer and consumer, with over half of the European cider market, indicates the significant role that the UK plays in the cider industry in Europe. This statistic suggests that the production and consumption of cider in the UK surpasses that of other European countries, with more than half of all cider produced and consumed within the region coming from the UK. This dominance in the cider market could be attributed to various factors such as traditional cider-making practices, consumer preferences, marketing strategies, and economic factors. Overall, the statistic highlights the UK’s strong presence and influence in the European cider market.
In 2021, U.S. cider sales exceeded $500 million.
The statistic, ‘In 2021, U.S. cider sales exceeded $500 million,’ indicates that the total revenue generated from the sales of cider in the United States during the year 2021 surpassed the significant milestone of $500 million. This statistic highlights the popularity and growth of the cider industry in the U.S., suggesting a strong consumer demand for cider products. The figure serves as a key benchmark for assessing the economic impact of the cider market, reflecting not only the financial success of cider producers and retailers but also indicating the preferences of consumers for this particular alcoholic beverage option.
In 2020, cider made up 0.7% of total alcoholic beverage sales in the United States.
In 2020, cider accounted for 0.7% of the overall sales of alcoholic beverages in the United States, indicating that it represented a relatively small portion of the market compared to other alcoholic beverage categories. This statistic suggests that cider may be a niche or less popular choice among consumers compared to beer, wine, or spirits. Understanding the market share of cider within the broader context of the alcoholic beverage industry can provide insights into consumer preferences, trends in consumption, and potential opportunities for growth or market positioning within the industry.
Cider consumption in the U.S. grew by 50% from 2011 to 2017.
The statistic indicates that the volume of cider consumed in the United States increased by 50% from 2011 to 2017. This growth suggests a significant and notable trend in the popularity of cider among consumers during this time period. Factors such as changing consumer preferences, marketing efforts, and a wider range of cider products available in the market could have contributed to this increase in consumption. The 50% growth rate highlights the rising demand for cider as a beverage choice in the United States and can be indicative of potential opportunities for cider producers and businesses within the industry to capitalize on this trend.
Australia had a 3.5% increase in cider sales in 2020.
The statistic indicates that in the year 2020, Australia experienced a 3.5% rise in the sales of cider. This suggests that there was a growth in consumer demand for cider products within the Australian market during that time period. The increase in sales could be driven by various factors such as changing consumer preferences, marketing efforts by cider producers, seasonal trends, or other external influences. The 3.5% increase serves as a metric for evaluating the performance of the cider industry in Australia, highlighting a positive trend in sales volume and potentially indicating a growing market for cider products in the country.
As of 2018, the UK cider market was valued at £2.4 billion.
The statistic “As of 2018, the UK cider market was valued at £2.4 billion” indicates the total monetary worth of the cider market in the United Kingdom in the year 2018. This figure represents the combined value of all sales and transactions related to cider products within the UK market during that time. The valuation of £2.4 billion suggests that cider is a significant and thriving sector within the UK economy, indicating strong consumer demand and market activity for cider products in that year. This statistic provides valuable insight into the economic importance and size of the cider industry in the UK during 2018.
The top 5 cider brands accounted for almost 50% of the global cider market in 2019.
The statistic indicates that the top 5 cider brands collectively held a significant market share, comprising close to half of the total global cider market in 2019. This suggests that these brands are dominant players in the industry and wield considerable influence over consumer preferences and purchasing behavior. The concentration of market power among a few key players can impact competition and market dynamics, potentially leading to barriers for smaller cider brands to gain traction and compete effectively. This statistic underscores the importance of these top brands in shaping the overall cider market landscape and signals their strong position within the industry.
In 2020, 81.5 million litres of cider were produced in Canada.
The statistic “In 2020, 81.5 million litres of cider were produced in Canada” represents the total volume of cider that was manufactured within the country over the course of the year 2020. Cider production volumes can be an important indicator of consumer demand and trends within the beverage industry, reflecting the extent to which cider is consumed and enjoyed by Canadians. This statistic provides insight into the scale of the cider industry in Canada and can be used to track changes in production levels over time, identify patterns in consumption, and inform business decisions within the cider manufacturing sector.
The sales volume of cider in Spain increased by 18% from 2018 to 2019.
The statistic indicating that the sales volume of cider in Spain increased by 18% from 2018 to 2019 suggests a significant growth in the consumption and popularity of cider in the country over the specified time period. This rise could be attributed to various factors such as changing consumer preferences, marketing strategies, economic conditions, and seasonal influences. The 18% increase indicates a substantial upward trend in the demand for cider, which is likely to have positive implications for the cider market in Spain and may also reflect a broader trend of increasing interest in cider beverages among Spanish consumers.
As of 2018, 61% of the cider consumed in the U.S. was produced in the country.
The statistic ‘As of 2018, 61% of the cider consumed in the U.S. was produced in the country’ indicates that a significant majority of the cider consumed in the United States was domestically produced. This suggests that the U.S. cider industry is relatively self-sufficient and able to meet a substantial portion of domestic demand for this beverage. This statistic is important for understanding the market dynamics of the cider industry in the U.S., as well as the relationship between consumption and production of this beverage. Furthermore, it underscores the importance of domestic cider production in meeting consumer preferences and demands within the country.
In 2019, China imported approximately $67 million worth of cider, showing a growing interest in the beverage.
The statistic stating that China imported approximately $67 million worth of cider in 2019 indicates a notable interest in the beverage within the country. While cider has traditionally not been a popular drink in China, the significant value of imports in 2019 suggests a growing trend towards its consumption. This increase in imports may be attributed to changing consumer preferences, a desire for more diverse alcoholic beverage options, or an expanding market for international goods within China. The data presents an opportunity for cider producers and exporters to capitalize on this emerging market and further promote the beverage in China. Continued monitoring of cider import trends in China will be valuable for understanding the evolving landscape of the beverage industry in the country.
New Zealand’s cider sales have increased by 250% over the last five years, making it one of the country’s fastest-growing alcoholic beverages.
The statistic that New Zealand’s cider sales have increased by 250% over the last five years indicates a significant surge in consumer demand for cider within the country. This growth rate positions cider as one of the fastest-growing alcoholic beverages in New Zealand. The 250% increase shows a tripling of sales volume over the specified time period, reflecting the widespread popularity and increasing market share of cider compared to other alcoholic beverages in the country. This trend suggests that cider has become increasingly appealing to consumers, possibly due to changing tastes, marketing efforts, or broader industry trends. Additionally, such a remarkable growth rate in cider sales could also have economic implications for the New Zealand beverage industry and indicate opportunities for further expansion and investment in this sector.
In 2018, South Africa was the largest cider market in Africa, with a volume of 349 million liters.
The statistic highlights that in 2018, South Africa emerged as the leading market for cider consumption in Africa, consuming a total volume of 349 million liters. This indicates a significant preference for cider within the country, possibly driven by factors such as changing consumer preferences, marketing strategies, demographics, and social trends. The large volume consumed suggests a thriving market for cider producers and an opportunity for further growth and investment in this sector in South Africa. Additionally, it also provides insights into the potential for market expansion and competition within the African region for cider producers looking to capitalize on the growing demand for this beverage.
References
0. – https://www.www.cnbc.com
1. – https://www.www.ibisworld.com
2. – https://www.www.statista.com
3. – https://www.www150.statcan.gc.ca
4. – https://www.www.elnortedecastilla.es
5. – https://www.www.nielsen.com
6. – https://www.www.insider.co.uk
7. – https://www.www.grandviewresearch.com
