PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1371984
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1371984
Mead Market Forecasts to 2030 - Global Analysis By Type (Traditional Mead, Fruit Mead, Herb Mead, Spiced Mead, Show Mead, Melomel Mead, Sparkling Mead, Pyment Mead, Cyser Mead and Other Types), Distribution Channel and By Geography
According to Stratistics MRC, the Global Mead Market is accounted for $710.7 million in 2023 and is expected to reach $2,652.7 million by 2030 growing at a CAGR of 20.7% during the forecast period. Mead is made by fermenting honey with fruits, water, spices, grains, and other agricultural products. Honey wines come in a variety of sweetness levels, from dry to sweet. Honey wine is rich in protein, minerals, antitoxins and vitamins, all of which are very useful. It is also called as drink of gods or referred to honey wine. The fundamental cause of rising urban demography is the increasing demand for honey wine.
According to American Mead Makers Association (AMMA), since 2010 there has been a rapid increase in new meaderies opened in the United States and this is the primary factor driving the Mead Beverage Market growth in North America.
Market Dynamics:
Driver:
Increased demand for no alcohol beverages consumption
Mead, a honey-based beverage with an alcohol concentration ranging from 8% to 20%, is comparable to wine and has a basis of honey as its primary ingredient. The popularity of non-alcoholic and low-alcohol beverages has grown recently. Market competitors are also creating non-alcoholic drinks in response to the increased customer desire in beverages with reduced alcohol content. Retailers may profitably stock up on mead brands due to the rising demand for low-alcohol beverages.
Restraint:
Availability of alternative beverages
Because mead is only sometimes available throughout the year, seasonal production might actually impede the expansion of the mead beverage industry. It is crucial to keep in mind that not all producers of mead use a seasonal production model, and the effects of seasonality may vary based on the location and the production methods used by certain producers. The main obstacle to the market's expansion is the availability of substitute beverages.
Opportunity:
Consumers' shift from alcoholic beverages toward wine supplements
The wine sector is greatly impacted by changing customer behavior, which helps this market thrive. Taste, tastes, preferences, packaging, and technology are just a few of the elements that have a big impact on how consumers are shifting toward wine. The way wine is promoted throughout the world is evolving as a result of this ongoing consumer change. In addition to imported wines in the markets, domestic flavored wines are increasingly contributing to the expansion of the global wine business.
Threat:
High cost of mead
Mead drinks are frequently marketed at a premium or ultra-premium price. This is mostly attributable to the mead's small output and the pricey production method compared to beer or wine. It would be difficult for mead producers to sell their goods in these nations' lower price point categories since consumers there do not spend more on alcohol due to their lower income per capita. For the market's expansion, this element can serve as a restraint.
COVID-19 Impact:
Following COVID-19, strict rules were put in place for logistics, and trade channels were shut down. Transporting products from one location to another was hampered by regulations on the supply chain and logistics sector. There was a lack of meads in the Asian subcontinent and some regions of Africa because the majority of mead firms are situated in Europe and North America. Sales of local mead, however, increased as a result of the absence of imported goods brought on by travel bans and border closures during the epidemic.
The fruit mead segment is expected to be the largest during the forecast period
The fruit mead segment is expected to be the largest during the forecast period. Numerous individuals are drawn in by the availability of unique since there are more lounges and pubs now that the urban population has grown tremendously. flavors include apple, mulberries, grapes, blackcurrant, maple, and a variety of others. The health benefits of honey wine also include increased blood flow and lowered cholesterol. Additionally, it has excellent antibacterial and antioxidant properties that can aid in lowering cholesterol and reducing the risk of cancer.
The offline sales segment is expected to have the highest CAGR during the forecast period
The offline sales segment is expected to have the highest CAGR during the forecast period. The strong demand for and consumption of sparkling wine is likely the primary factor for the highest sales through offline distribution channels. Additionally, the category is likely to expand over the next few years because to the affordable prices of the wines offered through these channels. However, the on-trade distribution channel is predicted to expand the fastest in the category due to the high product consumption rate, particularly in the developed region.
Region with largest share:
North America is projected to hold the largest market share during the forecast period. In this region, mead is becoming more and more well-liked. Craft meaderies were opening up around the country, and consumer interest in this unusual beverage was rising. Small, regional, and artisan meaderies were expanding on the market, much like the craft beer and wine sectors. These companies frequently make mead in small amounts using distinctive tastes and ingredients.
Region with highest CAGR:
Asia Pacific is projected to hold the highest CAGR over the forecast period. Craft meaderies making mead in small quantities with unique flavors and ingredients have begun to appear in some of the region's nations. These meaderies sought to draw a certain group of customers who were searching for something unique. Mead regulations and labeling specifications may differ from one nation in the area to another, making it difficult for manufacturers to navigate the market.
Key players in the market:
Some of the key players in Mead market include: Moond Dog Meadery, Redstone Meadery, Schramm's Mead, The Lancashire Mead Company, Lyme Bay Winery, Medovina, B Nektar Meadery, Kuhnhenn Brewing, St Aidan's Wines, Starlight Mead, Bunratty, Charm City Meadworks, Superstition Meadery, Meadery of the Rockies, Moonlight Meadery, Moonshine Meadery and Hill Zill Wines Pvt. Ltd.
Key Developments:
In May 2022, Moonshine Meadery brings 'Hopped Mead' and their brand-new, pure and superior quality honey 'Sidr Honey' to Goa. Moonshine Meadery brings 'Hopped Mead' and their brand-new, pure and superior quality honey 'Sidr Honey' to Goa.
In March 2022, Hill Zill Wines Pvt. Ltd., the manufacturer of Fruzzante, one-of-its-kind sparkling alcoholic beverage, has now launched its premium honey mead brand called Arka.
Types Covered:
- Traditional Mead
- Fruit Mead
- Herb Mead
- Spiced Mead
- Show Mead
- Melomel Mead
- Sparkling Mead
- Pyment Mead
- Cyser Mead
- Other Types
Distribution Channels Covered:
- Offline Sales
- Online Sales
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options::
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Emerging Markets
- 3.7 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Mead Market, By Type
- 5.1 Introduction
- 5.2 Traditional Mead
- 5.3 Fruit Mead
- 5.4 Herb Mead
- 5.5 Spiced Mead
- 5.6 Show Mead
- 5.7 Melomel Mead
- 5.8 Sparkling Mead
- 5.9 Pyment Mead
- 5.10 Cyser Mead
- 5.11 Other Types
6 Global Mead Market, By Distribution Channel
- 6.1 Introduction
- 6.2 Offline Sales
- 6.2.1 Supermarkets/Hypermarkets
- 6.2.2 Specialty Stores
- 6.2.3 Retail Stores
- 6.2.4 E-Commerce
- 6.3 Online Sales
- 6.3.1 Hotels
- 6.3.2 Restaurants
- 6.3.3 Cafe
7 Global Mead Market, By Geography
- 7.1 Introduction
- 7.2 North America
- 7.2.1 US
- 7.2.2 Canada
- 7.2.3 Mexico
- 7.3 Europe
- 7.3.1 Germany
- 7.3.2 UK
- 7.3.3 Italy
- 7.3.4 France
- 7.3.5 Spain
- 7.3.6 Rest of Europe
- 7.4 Asia Pacific
- 7.4.1 Japan
- 7.4.2 China
- 7.4.3 India
- 7.4.4 Australia
- 7.4.5 New Zealand
- 7.4.6 South Korea
- 7.4.7 Rest of Asia Pacific
- 7.5 South America
- 7.5.1 Argentina
- 7.5.2 Brazil
- 7.5.3 Chile
- 7.5.4 Rest of South America
- 7.6 Middle East & Africa
- 7.6.1 Saudi Arabia
- 7.6.2 UAE
- 7.6.3 Qatar
- 7.6.4 South Africa
- 7.6.5 Rest of Middle East & Africa
8 Key Developments
- 8.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 8.2 Acquisitions & Mergers
- 8.3 New Product Launch
- 8.4 Expansions
- 8.5 Other Key Strategies
9 Company Profiling
- 9.1 Moond Dog Meadery
- 9.2 Redstone Meadery
- 9.3 Schramm's Mead
- 9.4 The Lancashire Mead Company
- 9.5 Lyme Bay Winery
- 9.6 Medovina
- 9.7 B Nektar Meadery
- 9.8 Kuhnhenn Brewing
- 9.9 St Aidan's Wines
- 9.10 Starlight Mead
- 9.11 Bunratty
- 9.12 Charm City Meadworks
- 9.13 Superstition Meadery
- 9.14 Meadery of the Rockies
- 9.15 Moonlight Meadery
- 9.16 Moonshine Meadery
- 9.17 Hill Zill Wines Pvt. Ltd.
List of Tables
- Table 1 Global Mead Market Outlook, By Region (2021-2030) ($MN)
- Table 2 Global Mead Market Outlook, By Type (2021-2030) ($MN)
- Table 3 Global Mead Market Outlook, By Traditional Mead (2021-2030) ($MN)
- Table 4 Global Mead Market Outlook, By Fruit Mead (2021-2030) ($MN)
- Table 5 Global Mead Market Outlook, By Herb Mead (2021-2030) ($MN)
- Table 6 Global Mead Market Outlook, By Spiced Mead (2021-2030) ($MN)
- Table 7 Global Mead Market Outlook, By Show Mead (2021-2030) ($MN)
- Table 8 Global Mead Market Outlook, By Melomel Mead (2021-2030) ($MN)
- Table 9 Global Mead Market Outlook, By Sparkling Mead (2021-2030) ($MN)
- Table 10 Global Mead Market Outlook, By Pyment Mead (2021-2030) ($MN)
- Table 11 Global Mead Market Outlook, By Cyser Mead (2021-2030) ($MN)
- Table 12 Global Mead Market Outlook, By Other Types (2021-2030) ($MN)
- Table 13 Global Mead Market Outlook, By Distribution Channel (2021-2030) ($MN)
- Table 14 Global Mead Market Outlook, By Offline Sales (2021-2030) ($MN)
- Table 15 Global Mead Market Outlook, By Supermarkets/Hypermarkets (2021-2030) ($MN)
- Table 16 Global Mead Market Outlook, By Specialty Stores (2021-2030) ($MN)
- Table 17 Global Mead Market Outlook, By Retail Stores (2021-2030) ($MN)
- Table 18 Global Mead Market Outlook, By E-Commerce (2021-2030) ($MN)
- Table 19 Global Mead Market Outlook, By Online Sales (2021-2030) ($MN)
- Table 20 Global Mead Market Outlook, By Hotels (2021-2030) ($MN)
- Table 21 Global Mead Market Outlook, By Restaurants (2021-2030) ($MN)
- Table 22 Global Mead Market Outlook, By Cafe (2021-2030) ($MN)
- Table 23 North America Mead Market Outlook, By Country (2021-2030) ($MN)
- Table 24 North America Mead Market Outlook, By Type (2021-2030) ($MN)
- Table 25 North America Mead Market Outlook, By Traditional Mead (2021-2030) ($MN)
- Table 26 North America Mead Market Outlook, By Fruit Mead (2021-2030) ($MN)
- Table 27 North America Mead Market Outlook, By Herb Mead (2021-2030) ($MN)
- Table 28 North America Mead Market Outlook, By Spiced Mead (2021-2030) ($MN)
- Table 29 North America Mead Market Outlook, By Show Mead (2021-2030) ($MN)
- Table 30 North America Mead Market Outlook, By Melomel Mead (2021-2030) ($MN)
- Table 31 North America Mead Market Outlook, By Sparkling Mead (2021-2030) ($MN)
- Table 32 North America Mead Market Outlook, By Pyment Mead (2021-2030) ($MN)
- Table 33 North America Mead Market Outlook, By Cyser Mead (2021-2030) ($MN)
- Table 34 North America Mead Market Outlook, By Other Types (2021-2030) ($MN)
- Table 35 North America Mead Market Outlook, By Distribution Channel (2021-2030) ($MN)
- Table 36 North America Mead Market Outlook, By Offline Sales (2021-2030) ($MN)
- Table 37 North America Mead Market Outlook, By Supermarkets/Hypermarkets (2021-2030) ($MN)
- Table 38 North America Mead Market Outlook, By Specialty Stores (2021-2030) ($MN)
- Table 39 North America Mead Market Outlook, By Retail Stores (2021-2030) ($MN)
- Table 40 North America Mead Market Outlook, By E-Commerce (2021-2030) ($MN)
- Table 41 North America Mead Market Outlook, By Online Sales (2021-2030) ($MN)
- Table 42 North America Mead Market Outlook, By Hotels (2021-2030) ($MN)
- Table 43 North America Mead Market Outlook, By Restaurants (2021-2030) ($MN)
- Table 44 North America Mead Market Outlook, By Cafe (2021-2030) ($MN)
- Table 45 Europe Mead Market Outlook, By Country (2021-2030) ($MN)
- Table 46 Europe Mead Market Outlook, By Type (2021-2030) ($MN)
- Table 47 Europe Mead Market Outlook, By Traditional Mead (2021-2030) ($MN)
- Table 48 Europe Mead Market Outlook, By Fruit Mead (2021-2030) ($MN)
- Table 49 Europe Mead Market Outlook, By Herb Mead (2021-2030) ($MN)
- Table 50 Europe Mead Market Outlook, By Spiced Mead (2021-2030) ($MN)
- Table 51 Europe Mead Market Outlook, By Show Mead (2021-2030) ($MN)
- Table 52 Europe Mead Market Outlook, By Melomel Mead (2021-2030) ($MN)
- Table 53 Europe Mead Market Outlook, By Sparkling Mead (2021-2030) ($MN)
- Table 54 Europe Mead Market Outlook, By Pyment Mead (2021-2030) ($MN)
- Table 55 Europe Mead Market Outlook, By Cyser Mead (2021-2030) ($MN)
- Table 56 Europe Mead Market Outlook, By Other Types (2021-2030) ($MN)
- Table 57 Europe Mead Market Outlook, By Distribution Channel (2021-2030) ($MN)
- Table 58 Europe Mead Market Outlook, By Offline Sales (2021-2030) ($MN)
- Table 59 Europe Mead Market Outlook, By Supermarkets/Hypermarkets (2021-2030) ($MN)
- Table 60 Europe Mead Market Outlook, By Specialty Stores (2021-2030) ($MN)
- Table 61 Europe Mead Market Outlook, By Retail Stores (2021-2030) ($MN)
- Table 62 Europe Mead Market Outlook, By E-Commerce (2021-2030) ($MN)
- Table 63 Europe Mead Market Outlook, By Online Sales (2021-2030) ($MN)
- Table 64 Europe Mead Market Outlook, By Hotels (2021-2030) ($MN)
- Table 65 Europe Mead Market Outlook, By Restaurants (2021-2030) ($MN)
- Table 66 Europe Mead Market Outlook, By Cafe (2021-2030) ($MN)
- Table 67 Asia Pacific Mead Market Outlook, By Country (2021-2030) ($MN)
- Table 68 Asia Pacific Mead Market Outlook, By Type (2021-2030) ($MN)
- Table 69 Asia Pacific Mead Market Outlook, By Traditional Mead (2021-2030) ($MN)
- Table 70 Asia Pacific Mead Market Outlook, By Fruit Mead (2021-2030) ($MN)
- Table 71 Asia Pacific Mead Market Outlook, By Herb Mead (2021-2030) ($MN)
- Table 72 Asia Pacific Mead Market Outlook, By Spiced Mead (2021-2030) ($MN)
- Table 73 Asia Pacific Mead Market Outlook, By Show Mead (2021-2030) ($MN)
- Table 74 Asia Pacific Mead Market Outlook, By Melomel Mead (2021-2030) ($MN)
- Table 75 Asia Pacific Mead Market Outlook, By Sparkling Mead (2021-2030) ($MN)
- Table 76 Asia Pacific Mead Market Outlook, By Pyment Mead (2021-2030) ($MN)
- Table 77 Asia Pacific Mead Market Outlook, By Cyser Mead (2021-2030) ($MN)
- Table 78 Asia Pacific Mead Market Outlook, By Other Types (2021-2030) ($MN)
- Table 79 Asia Pacific Mead Market Outlook, By Distribution Channel (2021-2030) ($MN)
- Table 80 Asia Pacific Mead Market Outlook, By Offline Sales (2021-2030) ($MN)
- Table 81 Asia Pacific Mead Market Outlook, By Supermarkets/Hypermarkets (2021-2030) ($MN)
- Table 82 Asia Pacific Mead Market Outlook, By Specialty Stores (2021-2030) ($MN)
- Table 83 Asia Pacific Mead Market Outlook, By Retail Stores (2021-2030) ($MN)
- Table 84 Asia Pacific Mead Market Outlook, By E-Commerce (2021-2030) ($MN)
- Table 85 Asia Pacific Mead Market Outlook, By Online Sales (2021-2030) ($MN)
- Table 86 Asia Pacific Mead Market Outlook, By Hotels (2021-2030) ($MN)
- Table 87 Asia Pacific Mead Market Outlook, By Restaurants (2021-2030) ($MN)
- Table 88 Asia Pacific Mead Market Outlook, By Cafe (2021-2030) ($MN)
- Table 89 South America Mead Market Outlook, By Country (2021-2030) ($MN)
- Table 90 South America Mead Market Outlook, By Type (2021-2030) ($MN)
- Table 91 South America Mead Market Outlook, By Traditional Mead (2021-2030) ($MN)
- Table 92 South America Mead Market Outlook, By Fruit Mead (2021-2030) ($MN)
- Table 93 South America Mead Market Outlook, By Herb Mead (2021-2030) ($MN)
- Table 94 South America Mead Market Outlook, By Spiced Mead (2021-2030) ($MN)
- Table 95 South America Mead Market Outlook, By Show Mead (2021-2030) ($MN)
- Table 96 South America Mead Market Outlook, By Melomel Mead (2021-2030) ($MN)
- Table 97 South America Mead Market Outlook, By Sparkling Mead (2021-2030) ($MN)
- Table 98 South America Mead Market Outlook, By Pyment Mead (2021-2030) ($MN)
- Table 99 South America Mead Market Outlook, By Cyser Mead (2021-2030) ($MN)
- Table 100 South America Mead Market Outlook, By Other Types (2021-2030) ($MN)
- Table 101 South America Mead Market Outlook, By Distribution Channel (2021-2030) ($MN)
- Table 102 South America Mead Market Outlook, By Offline Sales (2021-2030) ($MN)
- Table 103 South America Mead Market Outlook, By Supermarkets/Hypermarkets (2021-2030) ($MN)
- Table 104 South America Mead Market Outlook, By Specialty Stores (2021-2030) ($MN)
- Table 105 South America Mead Market Outlook, By Retail Stores (2021-2030) ($MN)
- Table 106 South America Mead Market Outlook, By E-Commerce (2021-2030) ($MN)
- Table 107 South America Mead Market Outlook, By Online Sales (2021-2030) ($MN)
- Table 108 South America Mead Market Outlook, By Hotels (2021-2030) ($MN)
- Table 109 South America Mead Market Outlook, By Restaurants (2021-2030) ($MN)
- Table 110 South America Mead Market Outlook, By Cafe (2021-2030) ($MN)
- Table 111 Middle East & Africa Mead Market Outlook, By Country (2021-2030) ($MN)
- Table 112 Middle East & Africa Mead Market Outlook, By Type (2021-2030) ($MN)
- Table 113 Middle East & Africa Mead Market Outlook, By Traditional Mead (2021-2030) ($MN)
- Table 114 Middle East & Africa Mead Market Outlook, By Fruit Mead (2021-2030) ($MN)
- Table 115 Middle East & Africa Mead Market Outlook, By Herb Mead (2021-2030) ($MN)
- Table 116 Middle East & Africa Mead Market Outlook, By Spiced Mead (2021-2030) ($MN)
- Table 117 Middle East & Africa Mead Market Outlook, By Show Mead (2021-2030) ($MN)
- Table 118 Middle East & Africa Mead Market Outlook, By Melomel Mead (2021-2030) ($MN)
- Table 119 Middle East & Africa Mead Market Outlook, By Sparkling Mead (2021-2030) ($MN)
- Table 120 Middle East & Africa Mead Market Outlook, By Pyment Mead (2021-2030) ($MN)
- Table 121 Middle East & Africa Mead Market Outlook, By Cyser Mead (2021-2030) ($MN)
- Table 122 Middle East & Africa Mead Market Outlook, By Other Types (2021-2030) ($MN)
- Table 123 Middle East & Africa Mead Market Outlook, By Distribution Channel (2021-2030) ($MN)
- Table 124 Middle East & Africa Mead Market Outlook, By Offline Sales (2021-2030) ($MN)
- Table 125 Middle East & Africa Mead Market Outlook, By Supermarkets/Hypermarkets (2021-2030) ($MN)
- Table 126 Middle East & Africa Mead Market Outlook, By Specialty Stores (2021-2030) ($MN)
- Table 127 Middle East & Africa Mead Market Outlook, By Retail Stores (2021-2030) ($MN)
- Table 128 Middle East & Africa Mead Market Outlook, By E-Commerce (2021-2030) ($MN)
- Table 129 Middle East & Africa Mead Market Outlook, By Online Sales (2021-2030) ($MN)
- Table 130 Middle East & Africa Mead Market Outlook, By Hotels (2021-2030) ($MN)
- Table 131 Middle East & Africa Mead Market Outlook, By Restaurants (2021-2030) ($MN)
- Table 132 Middle East & Africa Mead Market Outlook, By Cafe (2021-2030) ($MN)
