Global Cider/Perry Market is Expected to Register a Healthy CAGR in the Forecast Period of 2019 to 2026

According to Data Bridge Market Research new Market report, global cider/perry market will account to an estimated USD 11.75 billion in 2018 growing at a CAGR of 6.38% during the forecast period of 2019 to 2026.

Global Cider/Perry Market

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Global Cider/Perry Market

Cider can be defined as a carbonated alcoholic beverage which is produced through the fermentation of apple and addition of sugar, resulting in a sweet-tasting alcoholic beverage. Although, the usage of different fruits is prevalent in production of cider but majorly apple ciders are produced.

Perry, whereas is produced through the fermentation of pears, although the color and taste makes it similar to wine it is vastly different in comparison. Special kinds of wild pears are used in the production of this beverage instead of normal pears.

Segmentation: Global Cider/Perry Market

Global cider/perry market is segmented on the basis of product, packaging, distribution channel and geography.

By Product (Cider, Perry), Packaging (Draught, Glass Bottles, Cans, Plastic Bottles, Others), Distribution Channel (Online Trade, Offline Trade) and Geography (North America, South America, Europe, Asia-Pacific, Middle East & Africa)

FACTORS DRIVING GROWTH IN CIDER/PERRY MARKET

Innovative products’ launching strategy adopted by various competitors

  • In December 2017, TINY REBEL BREWING CO. announced the launch of two new ciders and perry that have been produced in collaboration with Hogan’s Cider.
  • In January 2017, Samuel Smith Old Brewery (Tadcaster) announced the launch of their organic perry for United States. The product is a sparkling gluten-free cider whose distribution in the United States will be handled by Merchant du Vin.

Key Market Competitors:

Few of the major competitors currently working in the cider/perry market are Anheuser-Busch Companies, LLC; Asahi Premium Beverages; Aston Manor; C&C Group plc; Carlsberg Group; CUB; Distell; Halewood Wines & Spirits; Heineken N.V.; TINY REBEL BREWING CO.; The Boston Beer Company; CRISPIN CIDER COMPANY; Woodchuck Cidery; California Cider Company.; Aspall; Brothers Cider; Merchant du Vin and Samuel Smith Old Brewery (Tadcaster).

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