Cider, Perry & Rice Wine - Croatia

The Cider, Perry & Rice Wine market in Croatia has been experiencing significant growth in recent years. Customer preferences in Croatia have been shifting towards alternative alcoholic beverages such as cider, perry, and rice wine. This can be attributed to changing consumer tastes and a desire for new and unique flavors. Additionally, these beverages are often perceived as healthier alternatives to traditional alcoholic drinks, which has further contributed to their popularity. One of the key trends in the market is the increasing availability and variety of cider, perry, and rice wine products in Croatia. Domestic and international producers have recognized the growing demand and have expanded their product portfolios to cater to the preferences of Croatian consumers. This trend is expected to continue as more companies enter the market and introduce new and innovative products. Another trend in the market is the rising popularity of craft and artisanal cider, perry, and rice wine. Consumers in Croatia are increasingly seeking out locally-produced beverages that offer unique flavors and high-quality ingredients. This trend aligns with the broader global movement towards supporting local businesses and sustainable production practices. As a result, small-scale producers in Croatia have been able to thrive and gain market share. Local special circumstances in Croatia have also contributed to the development of the cider, perry, and rice wine market. The country's favorable climate and fertile soil provide ideal conditions for growing the fruits and grains used in the production of these beverages. Additionally, Croatia has a rich cultural heritage and a long tradition of winemaking, which has helped to create a receptive market for alternative alcoholic drinks. Underlying macroeconomic factors have further supported the growth of the cider, perry, and rice wine market in Croatia. The country's strong tourism industry has attracted a diverse range of visitors from around the world, many of whom are interested in exploring local food and drink offerings. This has created a demand for unique and authentic Croatian products, including cider, perry, and rice wine. Furthermore, Croatia's membership in the European Union has facilitated trade and investment in the beverage sector, allowing for easier access to international markets and resources. In conclusion, the Cider, Perry & Rice Wine market in Croatia is experiencing growth due to changing customer preferences, the availability of diverse products, local special circumstances, and underlying macroeconomic factors. The market is expected to continue expanding as consumers seek out new and unique alcoholic beverages and support local producers.

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.