Cider, Perry & Rice Wine - United Arab Emirates

The Cider, Perry & Rice Wine market in United Arab Emirates has been experiencing significant growth in recent years.

Customer preferences: In United Arab Emirates, there is a growing demand for Cider, Perry & Rice Wine among consumers. This can be attributed to a number of factors. Firstly, there has been an increasing interest in alternative alcoholic beverages, as consumers are looking for unique and diverse options beyond traditional beer and wine. Cider, Perry & Rice Wine offer a refreshing and different taste profile, which appeals to a wide range of consumers. Additionally, these beverages are often perceived as healthier options compared to other alcoholic drinks, as they are typically made from natural ingredients and have a lower alcohol content. This aligns with the growing trend of health-consciousness among consumers in United Arab Emirates.

Trends in the market: One of the key trends in the Cider, Perry & Rice Wine market in United Arab Emirates is the introduction of new flavors and variations. Manufacturers are constantly innovating and introducing new products to cater to the evolving tastes and preferences of consumers. This includes flavors such as apple, pear, and rice, as well as blends with other fruits and spices. The availability of a wide range of flavors and variations has contributed to the growing popularity of Cider, Perry & Rice Wine in the country. Another trend in the market is the increasing availability of craft and artisanal Cider, Perry & Rice Wine. Consumers are showing a preference for locally produced and small-batch beverages, as they are seen as more authentic and high-quality. This has led to the emergence of local breweries and wineries that specialize in producing craft Cider, Perry & Rice Wine. These products often emphasize the use of local ingredients and traditional production methods, which resonates with consumers who value authenticity and craftsmanship.

Local special circumstances: United Arab Emirates has a diverse population with a significant expatriate community. This has resulted in a multicultural society with a wide range of tastes and preferences. The Cider, Perry & Rice Wine market in United Arab Emirates has benefited from this diversity, as consumers are open to trying new and different beverages from around the world. This has created a favorable environment for the growth of the Cider, Perry & Rice Wine market, as it offers a unique and international drinking experience.

Underlying macroeconomic factors: The strong economic growth in United Arab Emirates has also played a role in the development of the Cider, Perry & Rice Wine market. With increasing disposable incomes and a growing middle class, consumers have more purchasing power to explore and experiment with different alcoholic beverages. This has created a favorable market environment for Cider, Perry & Rice Wine manufacturers and has contributed to the overall growth of the market. In conclusion, the Cider, Perry & Rice Wine market in United Arab Emirates is experiencing significant growth due to customer preferences for unique and diverse alcoholic beverages, the introduction of new flavors and variations, the availability of craft and artisanal products, the multicultural society, and the strong macroeconomic factors.

Data coverage:
The data encompasses B2C enterprises. The at-home market covers retail sales via super- and hypermarkets, eCommerce, convenience stores, or similar sales channels. The out-of-home data encompasses all sales to hotels, restaurants, catering, cafés, bars, and similar hospitality service establishments. Combined numbers encompass both the at-home market and the out-of-home market. Both the at-home and the out-of-home market are valued at retail selling prices including all sales and consumption taxes.

Modeling approach:
Market sizes are determined through a Top-Down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending (e.g. consumer spending on alcoholic beverages, consumer spending at Hotels, Restaurants etc.), and price level index. This data helps us estimate the market size for each country individually.

Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Alcoholic Drinks market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:
The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.