High sugar content may hamper the expansion of the Global Cider Market
Posted by Shiva on October 17th, 2019
Cider Market Overview:
Cider is a fermented beverage with differing alcohol percentage from 1-2% to 8.5% ABV. It is made from apple juice utilizing the kind of apples that are generally bitter and rich in tannins. Cider has been present for many years, mastered by the Greeks and Romans, and has grown over time in its taste and the fermentation process. It is also known as an apple wine as both are made from the fruit juice. It is also similar to beer, as a dry-type cider has six to seven percent of alcohol.
Cider Market drivers and restraints:
Cider market is driven by the advent of several small and medium-sized manufacturing enterprises. These small industries are more focused on cider production in a conventional way, while the more prominent industries are more focused on developing the product portfolio. In recent years, more brands of dry ciders are showing up on store shelves. The expansion of the global cider market is driven by a rise in the call for gluten-free drinks and an increase in preference for low alcohol beverages. Nevertheless, high sugar content in cider is the key factor hampering the market expansion, owing to alarming obesity rates in various regions.
Report segmented as:
By distribution channel:
Presently, global cider market is led by Western Europe, followed by Africa and North America. While the market is still in the beginning phase in Asia and Latin America, market revenue is estimated to escalate in the coming years.
Important market players:
Heineken International, Seattle Cider Company, Britannica Company, Vander Mill Ciders, Carlsberg Breweries, The Boston Beer Company, Anheuser-Busch Company, The Cyder Market LLC., Woodchuck, Crispin Cider Co., MillerCoors etc. are some of the key players in the global cider market.
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About the AuthorShiva
Joined: June 11th, 2019
Articles Posted: 88
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