Singapore Cider Market (2024-2030) Outlook | Trends, Analysis, Industry, Revenue, Value, Growth, Size, Forecast, Share & Companies

Singapore Cider Market Synopsis

The cider market in Singapore is a dynamic segment within the country`s alcoholic beverage industry. Cider is an alcoholic drink made from fermented apple juice, offering a refreshing and fruity taste. Over the years, cider has gained popularity as a trendy and appealing alternative to traditional alcoholic beverages, attracting a diverse consumer base in Singapore.

Market Drivers

Changing Drinking Culture: Singapore drinking culture has been evolving, with a shift towards lighter and fruitier beverages. Cider fits this trend perfectly, appealing to consumers seeking new and exciting taste experiences.Diverse Consumer Base: Cider`s versatility and broad consumer appeal make it a preferred choice among a wide range of consumers, including young adults, female drinkers, and those who prefer gluten-free options.Craft Cider Movement: The emergence of craft cider producers in Singapore has sparked interest in artisanal and locally-made ciders, attracting consumers who appreciate unique flavors and authentic brewing methods.

Market challenges

Competition from Other Alcoholic Beverages: The cider market faces stiff competition from other alcoholic beverages, such as beer, wine, and spirits, which have well-established positions in Singapore beverage landscape.Distribution and Availability: Ensuring widespread distribution and availability of cider across various retail outlets, bars, and restaurants is a challenge, particularly for craft cider producers with limited resources.

Key players

The Singapore cider market featured both international and local cider brands, catering to diverse consumer preferences. Some key players in the market might have included:Somersby (Carlsberg Group), Strongbow (Heineken N.V.), Bulmers, Thatchers Cider Company, Archipelago Brewery (Craft Cider)

Covid-19 Impact

The COVID-19 pandemic had a significant impact on the Singapore cider market. The closure of bars, restaurants, and entertainment venues during lockdowns reduced the on-premise consumption of cider. However, there was a shift towards off-premise sales, with consumers purchasing cider from retail outlets for home consumption during the stay-at-home periods.

Key Highlights of the Report:

• Singapore Cider Market Outlook
• Market Size of Singapore Cider Market, 2020
• Forecast of Singapore Cider Market, 2027
• Historical Data and Forecast of Singapore Cider Revenues & Volume for the Period 2023 - 2027
• Singapore Cider Market Trend Evolution
• Singapore Cider Market Drivers and Challenges
• Singapore Cider Price Trends
• Singapore Cider Porter's Five Forces
• Singapore Cider Industry Life Cycle
• Historical Data and Forecast of Singapore Cider Market Revenues & Volume By Type for the Period 2023 - 2027
• Historical Data and Forecast of Singapore Cider Market Revenues & Volume By Flavored Cider for the Period 2023 - 2027
• Historical Data and Forecast of Singapore Cider Market Revenues & Volume By Plain Cider for the Period 2023 - 2027
• Historical Data and Forecast of Singapore Cider Market Revenues & Volume By Distribution Channel for the Period 2023 - 2027
• Historical Data and Forecast of Singapore Cider Market Revenues & Volume By Speciality Stores for the Period 2023 - 2027
• Historical Data and Forecast of Singapore Cider Market Revenues & Volume By Supermarket/Hypermarkets for the Period 2023 - 2027
• Historical Data and Forecast of Singapore Cider Market Revenues & Volume By Online Retail Stores for the Period 2023 - 2027
• Historical Data and Forecast of Singapore Cider Market Revenues & Volume By Other Channels for the Period 2023 - 2027
• Singapore Cider Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Distribution Channel
• Singapore Cider Top Companies Market Share
• Singapore Cider Competitive Benchmarking By Technical and Operational Parameters
• Singapore Cider Company Profiles
• Singapore Cider Key Strategic Recommendations