The Cider Production industry mostly consists of small-sized cider mills and cider houses, both of which produce hard cider on a regional level. As a result of the craft beer craze that has occurred over the past decade, many consumers are expanding their preferences for alcoholic beverages; this has spurred substantial revenue growth over the past five years. Although massive growth similar to that of the current period is not likely to continue, consumers have indicated that their waning interest for traditional light beers has mostly been directed toward purchases of craft beer and the hard cider products produced by this industry.
The Cider Production industry comprises companies engaged in the production of alcoholic cider beverages. The production process consists of growing and harvesting apples, pears or other nontraditional fruits, crushing and pressing the fruits into unfermented wort and fermenting the blend into its finished product. The industry also includes companies and farms that produce nonalcoholic cider products.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.