Cider, Perry and Mead Market

The global market for cider, perry, mead, and other fermented beverages is poised for growth over the next eight years, with an anticipated CAGR of +3.8% in volume and +6.0% in value from 2022 to 2030. Key findings include China being the largest consumer and producer, followed by the UK and the United States. Import and export trends are highlighted, with insights on major importing and exporting countries. Overall, the market shows a relatively flat trend in consumption and production, with fluctuations in import and export prices over the years.

Market Forecast

Driven by increasing demand for cider, perry, mead and other fermented beverages worldwide, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to accelerate, expanding with an anticipated CAGR of +3.8% for the period from 2022 to 2030, which is projected to bring the market volume to 19B litres by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +6.0% for the period from 2022 to 2030, which is projected to bring the market value to $106.8B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Cider, Perry, Mead And Other Fermented Beverages

Global cider, perry and mead consumption reduced modestly to 14B litres in 2022, almost unchanged from 2021. Over the period under review, consumption, however, showed a relatively flat trend pattern. Global consumption peaked at 15B litres in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

The global cider, perry and mead market size shrank slightly to $66.9B in 2022, almost unchanged from the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $71.7B. From 2014 to 2022, the growth of the global market remained at a somewhat lower figure.

Consumption By Country

China (2.7B litres) remains the largest cider, perry and mead consuming country worldwide, accounting for 19% of total volume. Moreover, cider, perry and mead consumption in China exceeded the figures recorded by the second-largest consumer, the UK (1.1B litres), twofold. The third position in this ranking was held by the United States (1.1B litres), with a 7.8% share.

In China, cider, perry and mead consumption expanded at an average annual rate of +1.3% over the period from 2012-2022. The remaining consuming countries recorded the following average annual rates of consumption growth: the UK (+1.0% per year) and the United States (+2.7% per year).

In value terms, China ($5.1B), Japan ($4.9B) and India ($3.2B) constituted the countries with the highest levels of market value in 2022, together accounting for 20% of the global market. The United States, the UK, Indonesia, Germany, Mexico, Pakistan, Brazil, South Korea and Italy lagged somewhat behind, together accounting for a further 10%.

In terms of the main consuming countries, Italy, with a CAGR of +25.1%, saw the highest growth rate of market size over the period under review, while market for the other global leaders experienced more modest paces of growth.

In 2022, the highest levels of cider, perry and mead per capita consumption was registered in the UK (16 litres per person), followed by Germany (6.9 litres per person), Italy (5.2 litres per person) and South Korea (5.1 litres per person), while the world average per capita consumption of cider, perry and mead was estimated at 1.8 litres per person.

From 2012 to 2022, the average annual growth rate of the cider, perry and mead per capita consumption in the UK was relatively modest. In the other countries, the average annual rates were as follows: Germany (+1.1% per year) and Italy (+4.3% per year).

Production

World Production of Cider, Perry, Mead And Other Fermented Beverages

For the fourth year in a row, the global market recorded decline in production of cider, perry, mead and other fermented beverages, which decreased by -0.2% to 14B litres in 2022. Overall, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 5.7%. Global production peaked at 15B litres in 2014; however, from 2015 to 2022, production failed to regain momentum.

In value terms, cider, perry and mead production declined to $65.4B in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 12%. As a result, production attained the peak level of $70.1B. From 2014 to 2022, global production growth remained at a lower figure.

Production By Country

China (2.7B litres) remains the largest cider, perry and mead producing country worldwide, accounting for 19% of total volume. Moreover, cider, perry and mead production in China exceeded the figures recorded by the second-largest producer, the United States (1B litres), threefold. India (1B litres) ranked third in terms of total production with a 7.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in China amounted to +1.3%. The remaining producing countries recorded the following average annual rates of production growth: the United States (+2.1% per year) and India (+4.4% per year).

Imports

World Imports of Cider, Perry, Mead And Other Fermented Beverages

In 2022, after three years of growth, there was significant decline in supplies from abroad of cider, perry, mead and other fermented beverages, when their volume decreased by -6.3% to 1.2B litres. The total import volume increased at an average annual rate of +1.4% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 12% against the previous year. Over the period under review, global imports hit record highs at 1.2B litres in 2021, and then declined in the following year.

In value terms, cider, perry and mead imports dropped to $1.8B in 2022. The total import value increased at an average annual rate of +2.1% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 12% against the previous year. As a result, imports attained the peak of $2B, and then reduced in the following year.

Imports By Country

In 2022, the UK (217M litres), distantly followed by the United States (106M litres) and Japan (70M litres) were the major importers of cider, perry, mead and other fermented beverages, together creating 34% of total imports. The following importers - Botswana (45M litres), Russia (41M litres), Germany (38M litres), the Czech Republic (37M litres), Australia (34M litres), Israel (29M litres), South Korea (28M litres), Spain (24M litres), the Netherlands (22M litres) and Canada (22M litres) - together made up 28% of total imports.

Imports into the UK increased at an average annual rate of +1.7% from 2012 to 2022. At the same time, Israel (+49.4%), South Korea (+17.0%), Botswana (+13.4%), the United States (+10.6%), the Netherlands (+9.0%), Spain (+6.6%), Russia (+6.2%), the Czech Republic (+5.9%) and Australia (+1.0%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing importer imported in the world, with a CAGR of +49.4% from 2012-2022. Canada experienced a relatively flat trend pattern. By contrast, Germany (-1.1%) and Japan (-12.1%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United States, Botswana, Israel and South Korea increased by +5.3, +2.6, +2.4 and +1.8 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest cider, perry and mead importing markets worldwide were the United States ($268M), the UK ($263M) and Japan ($80M), with a combined 34% share of global imports. Russia, Canada, Australia, South Korea, Germany, Botswana, the Netherlands, Spain, the Czech Republic and Israel lagged somewhat behind, together accounting for a further 24%.

In terms of the main importing countries, Israel, with a CAGR of +15.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices By Country

In 2022, the average cider, perry and mead import price amounted to $1.6 per litre, waning by -2.3% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 7%. Global import price peaked at $1.6 per litre in 2021, and then contracted slightly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Canada ($2.9 per litre), while Israel ($0.2 per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+2.9%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Cider, Perry, Mead And Other Fermented Beverages

In 2022, global cider, perry and mead exports declined to 1.1B litres, with a decrease of -6.1% compared with 2021. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when exports increased by 11% against the previous year. Over the period under review, the global exports attained the maximum at 1.2B litres in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, cider, perry and mead exports contracted to $1.8B in 2022. The total export value increased at an average annual rate of +2.7% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 19%. Over the period under review, the global exports reached the peak figure at $2.1B in 2021, and then declined in the following year.

Exports By Country

In 2022, South Africa (114M litres), Sweden (102M litres), Germany (83M litres), South Korea (58M litres), Belgium (54M litres), Canada (51M litres), Italy (50M litres), France (45M litres), Japan (42M litres), the UK (41M litres), Austria (41M litres) and the Netherlands (36M litres) was the main exporter of cider, perry, mead and other fermented beverages in the world, mixing up 64% of total export. Mexico (35M litres) held a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Mexico (with a CAGR of +51.7%), while the other global leaders experienced more modest paces of growth.

In value terms, Japan ($370M) remains the largest cider, perry and mead supplier worldwide, comprising 20% of global exports. The second position in the ranking was taken by Italy ($144M), with a 7.9% share of global exports. It was followed by South Africa, with a 6.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Japan stood at +12.2%. The remaining exporting countries recorded the following average annual rates of exports growth: Italy (+9.1% per year) and South Africa (+2.2% per year).

Export Prices By Country

The average cider, perry and mead export price stood at $1.6 per litre in 2022, waning by -5.1% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The pace of growth was the most pronounced in 2021 when the average export price increased by 20% against the previous year. As a result, the export price reached the peak level of $1.7 per litre, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Japan ($8.9 per litre), while South Korea ($0.8 per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.8%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform