PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1500711
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1500711
India Mead Beverage Market, By Type; By Distribution Channel; By Region, Trend Analysis, Competitive Landscape & Forecast, 2019-2030
India Mead Beverage Market Sparkles by Growing at Steady CAGR of 4.76% to Touch USD 74.55 Million by 2030
India Mead Beverage Market is flourishing due to the people's growing interest in craft beverages, rising disposable income, and increasing innovations in flavors.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the India Mead Beverage Market size by value at USD 57.14 million in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the India Mead Beverage Market size to expand at a CAGR of 4.76% reaching a value of USD 74.55 million by 2030. The Mead Beverage Market in India is propelled by the growing interest in craft beverages. The market, though young, is showing promise in the world's most populous country. Consumer awareness is rising, with mead gaining recognition as a distinct beverage category distinct from honey wine or beer. This variety appeals to adventurous drinkers seeking new flavor profiles, and mead's potential for sustainable production resonates with eco-conscious consumers. These trends align perfectly with India's growing Craft Beverages Market, where consumers are increasingly opting for high-quality, small-batch products with unique flavor experiences, over just price.
Opportunity - Thriving E-commerce Sector
The India Mead Beverage Market is expected to witness a significant boost driven by the booming e-commerce sector in the country. Online platforms provide a convenient avenue for consumers to explore and purchase a wide variety of mead beverages from the comfort of their homes. This accessibility expands the market reach beyond traditional retail channels, catering to a larger audience nationwide. Additionally, e-commerce platforms offer opportunities for smaller and emerging meaderies to showcase their products, fostering competition and innovations within the industry. The seamless online shopping experience and diverse product offerings are projected to contribute to the accelerated growth of the India Mead Beverages Market during the period in analysis.
Impact of Escalating Geopolitical Tensions on India Mead Beverage Market
Geopolitical tensions can have a multifaceted impact on the India Mead Beverage Market by disrupting supply chains and increasing costs for key ingredients like honey and exotic fruits. Import restrictions and trade barriers can limit access to high-quality raw materials, leading to higher production costs and, consequently, retail prices. Additionally, geopolitical instability can affect consumer spending power and market confidence, further restraining growth. Brands may face challenges in maintaining consistent quality and pricing, potentially hindering the market's expansion and consumer adoption. These factors collectively pose significant obstacles to the growth of the Mead Beverage Market in India.
India Mead Beverage Market
Segmental Coverage
India Mead Beverage Market - By Type
By type, the India Mead Beverage Market is bifurcated into Traditional Mead and Fruit Mead segments. The fruit mead segment holds a higher share in the India Mead Beverage Market by type. Fruit-based mead, developed primarily in the 20th century, is an emerging product category in the mead beverage industry. Leading players are focusing on launching fruit-based meads to attract millennials, who are significant consumers in the alcohol market. New entrants are also introducing innovative and enticing flavors, such as apple cider, coffee, chocolate orange, bourbon oaked apple, guava chili, mango chili, Christmas apple pie, Thai ginger and kaffir lime, and grilled pineapple. With numerous local producers entering the market, the fruit-based mead segment is expected to dominate the Indian market over the forecast period.
Competitive Landscape
The India Mead Beverage Market is fragmented, with numerous players serving the market. The key players dominating the India Mead Beverage Market include Moonshine Meadery, Cerana Meads, Portside, Arka, Salud Viking, Stump Meads, No Label, and Bored Beverages. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge in the overall market.
The report's in-depth analysis provides information about growth potential, upcoming trends, and the India Mead Beverage Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the India Mead Beverage Market along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. India Mead Beverage Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Growing Interest in Craft Beverages
- 3.2.1.2. Rising Disposable Income
- 3.2.1.3. Increasing Innovation in Flavors
- 3.2.2. Restraints
- 3.2.2.1. Limited Awareness
- 3.2.2.2. High Price Point
- 3.2.3. Opportunity
- 3.2.3.1. Increasing E-commerce Growth
- 3.2.3.2. Focus on Premiumization
- 3.2.3.3. Tourism and Hospitality
- 3.2.4. Challenges
- 3.2.4.1. Lack of Distribution Channels
- 3.2.4.2. Competition from Established Players
- 3.2.1. Growth Drivers
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. India Mead Beverage Market: Pricing Analysis
5. India Mead Beverage Market: Marketing Strategies
6. India Mead Beverage Market Overview
- 6.1. Market Size & Forecast, 2019-2030
- 6.1.1. By Value (USD Million)
- 6.2. Market Share & Forecast
- 6.2.1. By Type
- 6.2.1.1. Traditional Mead
- 6.2.1.2. Fruit Mead
- 6.2.2. By Distribution Channel
- 6.2.2.1. Supermarkets/Hypermarkets
- 6.2.2.2. Specialty Stores
- 6.2.2.3. Online Sales Channels
- 6.2.2.4. Others
- 6.2.3. By Region
- 6.2.3.1. North India
- 6.2.3.2. South India
- 6.2.3.3. East India
- 6.2.3.4. West India
- 6.2.1. By Type
7. North India Mead Beverage Market
- 7.1. Market Size & Forecast, 2019-2030
- 7.1.1. By Value (USD Million)
- 7.2. Market Share & Forecast
- 7.2.1. By Type
- 7.2.2. By Distribution Channel
8. South India Mead Beverage Market
- 8.1. Market Size & Forecast, 2019-2030
- 8.1.1. By Value (USD Million)
- 8.2. Market Share & Forecast
- 8.2.1. By Type
- 8.2.2. By Distribution Channel
9. East India Mead Beverage Market
- 9.1. Market Size & Forecast, 2019-2030
- 9.1.1. By Value (USD Million)
- 9.2. Market Share & Forecast
- 9.2.1. By Type
- 9.2.2. By Distribution Channel
10. West India Mead Beverage Market
- 10.1. Market Size & Forecast, 2019-2030
- 10.1.1. By Value (USD Million)
- 10.2. Market Share & Forecast
- 10.2.1. By Type
- 10.2.2. By Distribution Channel
11. India Mead Beverage Market: Import & Export
12. Competitive Landscape
- 12.1. List of Key Players and Their Offerings
- 12.2. India Mead Beverage Company Market Share Analysis, 2023
- 12.3. Competitive Benchmarking, By Operation Channel Parameters
- 12.4. Key Strategic Development (Mergers, Acquisitions, Partnerships, etc.)
13. Impact of Escalating Geopolitical Tensions on India Mead Beverage Market
14. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- 14.1. Moonshine Meadery
- 14.2. Cerana Meads
- 14.3. Portside
- 14.4. Arka
- 14.5. Salud Viking
- 14.6. Stump Meads
- 14.7. No Label
- 14.8. Bored Beverages
- 14.9. Other Prominent Players
15. Key Strategic Recommendations
16. Research Methodology
- 16.1. Qualitative Research
- 16.1.1. Primary & Secondary Research
- 16.2. Quantitative Research
- 16.3. Market Breakdown & Data Triangulation
- 16.3.1. Secondary Research
- 16.3.2. Primary Research
- 16.4. Breakdown of Primary Research Respondents, By Region
- 16.5. Assumption & Limitation
*Financial information of non-listed companies will be provided as per availability
**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable
List of Figures
- Figure 1 India Mead Beverage Market Segmentation
- Figure 2 India Mead Beverage Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2023
- Figure 4 India Mead Beverage Market Size, By Value (USD Million), 2019-2030
- Figure 5 India Mead Beverage Market Share, By Type, By Value (USD Million) 2019-2030
- Figure 6 India Mead Beverage Market Share, By Distribution Channel, By Value (USD Million) 2019-2030
- Figure 7 India Mead Beverage Market Share, By Region, By Value (USD Million) 2019-2030
- Figure 8 North India Mead Beverage Market Size, By Value (USD Million), 2019-2030
- Figure 9 North India Mead Beverage Market Share, By Type, By Value (USD Million) 2019-2030
- Figure 10 North India Mead Beverage Market Share, By Distribution Channel, By Value (USD Million) 2019-2030
- Figure 11 South India Mead Beverage Market Size, By Value (USD Million), 2019-2030
- Figure 12 South India Mead Beverage Market Share, By Type, By Value (USD Million) 2019-2030
- Figure 13 South India Mead Beverage Market Share, By Distribution Channel, By Value (USD Million) 2019-2030
- Figure 14 East India Mead Beverage Market Size, By Value (USD Million), 2019-2030
- Figure 15 East India Mead Beverage Market Share, By Type, By Value (USD Million) 2019-2030
- Figure 16 East India Mead Beverage Market Share, By Distribution Channel, By Value (USD Million) 2019-2030
- Figure 17 West India Mead Beverage Market Size, By Value (USD Million), 2019-2030
- Figure 18 West India Mead Beverage Market Share, By Type, By Value (USD Million) 2019-2030
- Figure 19 West India Mead Beverage Market Share, By Distribution Channel, By Value (USD Million) 2019-2030
List of Tables
- Table 1 India Mead Beverage Market Size, By Value (USD Million), 2019-2030
- Table 2 India Mead Beverage Market Share, By Type, By Value (USD Million) 2019-2030
- Table 3 India Mead Beverage Market Share, By Distribution Channel, By Value (USD Million) 2019-2030
- Table 4 India Mead Beverage Market Share, By Region, By Value (USD Million) 2019-2030
- Table 5 North India Mead Beverage Market Size, By Value (USD Million), 2019-2030
- Table 6 North India Mead Beverage Market Share, By Type, By Value (USD Million) 2019-2030
- Table 7 North India Mead Beverage Market Share, By Distribution Channel, By Value (USD Million) 2019-2030
- Table 8 South India Mead Beverage Market Size, By Value (USD Million), 2019-2030
- Table 9 South India Mead Beverage Market Share, By Type, By Value (USD Million) 2019-2030
- Table 10 South India Mead Beverage Market Share, By Distribution Channel, By Value (USD Million) 2019-2030
- Table 11 East India Mead Beverage Market Size, By Value (USD Million), 2019-2030
- Table 12 East India Mead Beverage Market Share, By Type, By Value (USD Million) 2019-2030
- Table 13 East India Mead Beverage Market Share, By Distribution Channel, By Value (USD Million) 2019-2030
- Table 14 West India Mead Beverage Market Size, By Value (USD Million), 2019-2030
- Table 15 West India Mead Beverage Market Share, By Type, By Value (USD Million) 2019-2030
- Table 16 West India Mead Beverage Market Share, By Distribution Channel, By Value (USD Million) 2019-2030
- Table 17 Moonshine Meadery Company Overview
- Table 18 Moonshine Meadery Financial Overview
- Table 19 Cerana Meads Company Overview
- Table 20 Cerana Meads Financial Overview
- Table 21 Portside Company Overview
- Table 22 Portside Financial Overview
- Table 23 Arka Company Overview
- Table 24 Arka Financial Overview
- Table 25 Salud Viking Company Overview
- Table 26 Salud Viking Financial Overview
- Table 27 Stump Meads Company Overview
- Table 28 Stump Meads Financial Overview
- Table 29 No Label Company Overview
- Table 30 No Label Financial Overview
- Table 31 Bored Beverages Company Overview
- Table 32 Bored Beverages Financial Overview
