In 2023, the number of cider enterprises in the UK stood at 98 enterprises. Forecasts suggest a gradual increase over the next five years: expected to reach 100 in 2024, 102 in 2025, 104 in 2026, 105 in 2027, and 107 in 2028. This indicates a compound annual growth rate (CAGR) of approximately 1.77% from 2024 to 2028.
- A year-on-year growth of 2% from 2024 to 2025.
- A further 1.96% increase from 2025 to 2026.
- Growth slows to around 0.96% from 2026 to 2027.
- The growth rate then picks up slightly to 1.90% from 2027 to 2028.
Future trends to watch include potential market saturation, changes in consumer preferences towards other beverages, and regulatory impacts. Monitoring these factors will provide insights into the sustainability of growth in the cider sector.
