New Beverages research report from Euromonitor International is now available from Fast Market Research
Boston, MA -- (SBWIRE) -- 07/14/2014 -- Cider/perry was mostly consumed by young females and expatriates in Japan. Young females who just started to drink alcoholic drinks and do not like the bitter taste of beer and high ABVs found in other spirits were inclined to drink cider both at home and in on-trade establishments, thanks to its sweet flavours and low ABV. Cider was faced with fierce competition from RTDs, which aggressively offered sweet flavours with low ABV at cheaper prices. The on-going migration of the core consumer segments into RTDs was the main reason for the negative volume growth of cider/perry in 2013.
Nikka Whisky Distilling Co Ltd with its Nikka Cidre brand led cider/perry with 72% volume share in 2013. With nationwide distribution coverage due to its parent company, Asahi Group Holdings Ltd, Nikka Whisky Distilling Co Ltd was able to capitalise on this whilst other companies struggled to do so.
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The category is expected to decline over the forecast period in both value and volume terms. Cider is still not a very widespread option for consumers. Depending on the success of on-trade channel, if Kirin's Hard Cider becomes more available across a variety of foodservice channels, the category could see positive growth, however, there will need to be significant marketing promotions in order to do so.
Discover the latest market trends and uncover sources of future market growth for the Cider/Perry industry in Japan with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Cider/Perry industry in Japan, our research will save you time and money while empowering you to make informed, profitable decisions.
The Cider/Perry in Japan market research report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volumes and values, company and brand market volume shares
- Five year forecasts of market trends and market growth
- Production, imports by origin, exports by destination
- Robust and transparent market research methodology, conducted in-country
Our market research reports answer questions such as:
- What is the market size of Cider/Perry in Japan?
- What are the major brands in Japan?
- Is premiumisation expected to continue to be an important driver in cider?
- Who are the key consumers of cider: men, women, younger or older consumers?
- Where is cider mainly consumed- at home or away from home?
Reasons to Get this Report
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- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
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