The global beer cider market size was USD 25.92 Billion in 2022 and is expected to reach USD 51.81 Billion in 2032, and register a revenue CAGR of 8% during the forecast period. Market revenue growth is primarily driven by factors such as increasing customer taste for unique and premium Flavors, rising demand for low-alcohol Content beverages, and increasing popularity of craft beer cider among millennials.
Growing consumer interest in regionally produced, handcrafted goods with distinctive flavor characteristics is the main factor driving demand for craft beer and cider. In addition, revenue growth of the craft beer cider market has been driven by the growth of small, independent breweries and cideries, which offer a diverse range of products and experiences to consumers. These factors are expected to drive revenue growth of the craft beer cider market over the forecast period.
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