Mead Beverages Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032

Description

The Global Mead Beverages Market is estimated to register a 10.1% CAGR during 2024-2032, driven by increasing consumer interest in traditional and craft alcoholic beverages. The demand for premium and exotic drinks has boosted mead's appeal, often seen as a sophisticated choice compared to mainstream options. According to the American Mead Makers Association, the number of meaderies in the U.S. has grown by 150% over the past five years. The rise in home brewing, with enthusiasts exploring mead-making and its various styles, has propelled the market.

Further, modern consumers prefer beverages with potential health advantages, and mead, made from natural ingredients with fewer additives, fits this preference. Honey, a key ingredient, is known for its antioxidant and antimicrobial properties, enhancing product appeal. The increase in mead festivals and events, which raise visibility and foster a community among enthusiasts, is also fueling industry growth.

The overall mead beverages industry is segmented based on type, packaging type, distribution channel, and region.

The spice mead segment is gaining significant traction due to its distinctive and innovative flavor profiles that cater to adventurous consumers. Spice mead infuses traditional honey wine with a variety of spices such as cinnamon, cloves, and ginger, offering a unique twist on classic mead and a more complex drinking experience. The growing trend of flavored and specialty beverages, as well as increased consumer interest in culinary experiences that combine tradition with modern creativity, is bolstering the popularity of spice mead.

The online segment will hold a notable market share by 2032, driven by the convenience and the increasing accessibility of e-commerce platforms. Consumers are turning to online retailers for their mead purchases due to the ease of comparing products, reading reviews, and accessing a wider variety of mead brands and styles that may not be available in local stores. This shift is supported by advancements in digital marketing and distribution logistics, making it simpler for mead producers to reach a global audience.

Asia Pacific mead beverages market is poised for significant growth over 2024-2032, owing to a rising interest in diverse alcoholic beverages and a burgeoning craft drink culture. Recently, there has been increased consumer curiosity towards mead, driven by Global trend of exploring artisanal drinks and the expanding middle class with higher disposable incomes. Additionally, the growing trend of premiumization and unique beverage experiences among younger consumers is further fueling the market. The increasing availability of mead in specialty stores and online platforms, coupled with regional adaptations and flavor innovations tailored to local preferences, is accelerating industry expansion across Asia Pacific.

Product Code: 10365

Chapter 1 Methodology and Scope

1.1 Market scope and definition
1.2 Base estimates and calculations
1.3 Forecast calculation
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Data mining sources
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Industry 360° synopsis

Chapter 3 Industry Insights

3.1 Industry ecosystem analysis
- 3.1.1 Value chain
- 3.1.2 Key manufacturers
- 3.1.3 Go to market routes
- 3.1.4 Key distributors
  - 3.1.4.1 New distribution channels
- 3.1.5 Profit margins across the industry
3.2 Industry impact forces
- 3.2.1 Growth drivers
  - 3.2.1.1 Rising consumer demand for natural and organic beverages
  - 3.2.1.2 Expansion of the craft beverage movement
  - 3.2.1.3 Innovations in flavor profiles and premium product offerings
- 3.2.2 Market challenges
  - 3.2.2.1 Competition from established wine and beer markets
  - 3.2.2.2 Limited consumer awareness and education about mead
- 3.2.3 Market opportunities
  - 3.2.3.1 New markets/applications
  - 3.2.3.2 Growth potential analysis
3.3 Raw material landscape
- 3.3.1 Manufacturing trends
  - 3.3.1.1 Technology evolution
  - 3.3.1.2 Sustainable manufacturing
    - 3.3.1.2.1 Green practices
    - 3.3.1.2.2 Decarbonization
- 3.3.2 New raw materials
- 3.3.3 Raw material pricing trends (USD/Ton)
  - 3.3.3.1 North America
  - 3.3.3.2 Europe
  - 3.3.3.3 Asia Pacific
  - 3.3.3.4 Latin America
  - 3.3.3.5 MEA
3.4 Regulations and market impact
3.5 Porter's analysis
3.6 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

4.1 Company market share analysis
4.2 Competitive positioning matrix
4.3 Strategic outlook matrix

Chapter 5 Market Size and Forecast, By Type, 2021-2032 (USD Million, Units)

5.1 Key trends
5.2 Traditional mead
5.3 Spice mead
5.4 Fruit mead
5.5 Sparkling mead
5.6 Others

Chapter 6 Market Size and Forecast, By Packaging type, 2021-2032 (USD Million, Units)

6.1 Key trends
6.2 Bottle
6.3 Can
6.4 Others

Chapter 7 Market Size and Forecast, By Distribution channel, 2021-2032 (USD Million, Units)

7.1 Key trends
7.2 Offline
- 7.2.1 Supermarket
- 7.2.2 Specialty store
- 7.2.3 Others
7.3 Online
- 7.3.1 E-commerce platform
- 7.3.2 Company website

Chapter 8 Market Size and Forecast, By Region, 2021-2032 (USD Million, Units)

8.1 Key trends
8.2 North America
- 8.2.1 U.S.
- 8.2.2 Canada
8.3 Europe
- 8.3.1 Germany
- 8.3.2 UK
- 8.3.3 France
- 8.3.4 Italy
- 8.3.5 Spain
- 8.3.6 Rest of Europe
8.4 Asia Pacific
- 8.4.1 China
- 8.4.2 India
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 Australia
- 8.4.6 Rest of Asia Pacific
8.5 Latin America
- 8.5.1 Brazil
- 8.5.2 Mexico
- 8.5.3 Argentina
- 8.5.4 Rest of Latin America
8.6 MEA
- 8.6.1 Saudi Arabia
- 8.6.2 UAE
- 8.6.3 South Africa
- 8.6.4 Rest of MEA

Chapter 9 Company Profiles

9.1 B Nektar
9.2 Bored Beverages Company
9.3 BUNRATTY MEAD AND LIQUEUR CO. Ltd.
9.4 Charm City Meadworks
9.5 Heidrun Meadery
9.6 Kuhnhenn Mead
9.7 Nectar Creek
9.8 PASIEKA JAROS
9.9 Redstone Meadery
9.10 Schramm's Mead
9.11 Wild Blossom Meadery