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(EuropeNewsWire.Net, February 13, 2018 ) Europe Cider Market was worth USD XX.XX billion in 2016 and estimated to be growing at a CAGR of X.XX%, to reach USD XX.XX billion by 2021. Cider is a type of alcoholic beverage based on the fermented juice of apples. The variety of apple best suited for making it is the aptly named cider apple thought other types of apples work as well. Cider alcohol content varies from 1.2% to 8.5% or more in traditional English ciders, and 3.5% to 12% in continental ciders.
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Ciders are available in a bunch of flavours and are also classified from dry to sweet. Their appearance ranges from cloudy with a sediment with even a crystal clear version. The colour changes are due to the differences in fermentation processes and also due to the choice of apples. Modern day ciders are very similar to sparkling wines in appearance although the traditional varieties are still produced and then tend to be darker.
The growth of the cider market is mainly driven by the innovative new flavours and appealing marketing strategies. Manufacturers are trying to create a market for ciders as a healthier alternative to other alcoholic beverages. The packaging of cider is also an important driver with bottles of different sizes and shapes being introduced to attract customers. Consumers are also moving away from conventional beverages and are willing to try out new products and this is yet another driver for the market. As for the restraints in the market, the cultural differences play a major role in hindering its consumption and most people still consider it as an apple drink rather than an alcoholic beverage.
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The Europe Cider market is broadly classified based on Type into Still Cider, Sparkling Cider, Draft Cider, Apple Wine and Others and based on Distribution Channels into Hypermarkets, Supermarkets, Departmental Stores, Convenience Stores and Online Stores. Based on geography, the Europe market is divided into Italy, France, UK, Germany and Spain. The European region has the second highest market share globally only behind the likes of North America, albeit with a low CAGR rate. The low growth rate of the region can be attributed to the fact that most countries in the region are in their pinnacle of development and the room to grow is fast decreasing.
The Cider market is highly competitive with a large number of players. Key market players dominating the market with their products are Aston Manor Brewery, C&C Group Plc, Carlberg A/S, Distell Group, Halewood International Holdings Plc, Heineken UK Ltd., SABMiller Plc, Carlton & United Breweries Limited and The Boston Beer Company Inc.
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Y-o-Y Growth Analysis, By Distribution Channels
Market Attractiveness Analysis, By Distribution Channels
Market Share Analysis, By Distribution Channels
Y-o-Y Growth Analysis, By Type
Market Attractiveness Analysis, By Type
Market Share Analysis, By Type
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