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Global Mead Market By Type (Fruit Meads, Traditional Mead) By Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Online Sales Channels, Others) - Growth, Future Prospects & Competitive Analysis, 2016 – 2028

About this report

The global mead market report explores the critical analysis of the mead industry using key parameters. The report consists of investment strategies, the need for investments in the mead industry, and the multiple benefits for investors. Importantly, this report sets out major changes in the global technical regulations for the mead industry and how economic and non-economic barriers are helping the market grow—moreover, the report analyses the global, regional, and country-level historic and forecasted market size. The report also provides a comprehensive analysis of key investment propositions, demand and supply gap, competitors positioning, STAR analysis, SRC analysis, and Tornado analysis. Key technological developments and other analyses such as porter's five forces analysis, PESTEL analysis, value chain analysis, etc.

REPORT ATTRIBUTE DETAILS

Mead Marketby Volume

Yes

Mead Marketby Value

Yes

Mead Market, Tornado Analysis

Yes

Mead Market, STAR Analysis

Yes

Mead Market, SRC Analysis

Yes

Mead Market, Import-Export Data

Yes (On Demand)

Mead MarketSegment Analysis

By Type (Fruit Meads and Traditional Meads)

By Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Online Sales Channels, and Others)

Mead Market, Regional Analysis

North America (the US and Canada)

Europe (Germany, UK, France, Italy, Spain, and the Rest of Europe)

Asia Pacific (China, India, Japan, South Korea, Southeast Asia, and the Rest of Asia Pacific)

Latin America (Brazil, Mexico, and the Rest of Latin America)

The Middle East and Africa (GCC Countries, South Africa, and the Rest of the Middle East and Africa)

Mead MarketKey Companies

Tallgrass Mead (Canada), Moonlight Meadery (U.S.), Nektarmeadery (U.S.), Bunratty (Ireland), Charm City Meadworks (U.S.), PasiekaJaros (Poland), Redstone Meadery (U.S.), Schramm's Mead (U.S.), Superstition Meadery (U.S.), Meadery of the Rockies (U.S.)

Mead MarketCompetitive Landscape

Market Share Analysis

Competitive Benchmarking

Key Players Market Positioning

Geographical Presence Analysis

Major Strategies Adopted

Key Highlights of the report

How are the major segments performing in the mead market?

  • In 2021, the fruit meads segment accounted for the highest share of the market. The availability of a wide range of mead products.
  • In 2021, the specialty stores segment was anticipated to hold a major share of the global mead market due to consumer preference toward wine shops.

Which region dominated the mead market?

In 2021, the Europe region was anticipated to hold a major share of the global mead market due to the rise in the consumption of alcohol and non-alcoholic beverages in the countries in the region. Moreover, the growth in the utilization of organic products for preparing alcoholic beverages is anticipated to drive market growth.

How is UK Market Performing in the mead market?

In 2021, the Europe region was anticipated to hold a major share of the global mead market. The rising intake of alcoholic beverages and beer in the UK propels the demand for the mead beverages market due to different processing benefits and the exceptional flavors profile of mead beverages.

global-mead-market

What is the competitive environment of the mead market?

The beverage industry is large, diverse, and full of specialized machinery. It is the oldest industry on the planet, but it is still full of innovation. It introduces new products and opportunities for the mead market. The major player in the mead market is focusing on product innovation to create and launch new products to maximize their sales potential. Continuous innovation to introduce new products is the key competitive factor in the market. For instance, in April 2019, Schramm's Mead, a leader in the burgeoning mead industry, signed a distribution agreement to commence sales in the State of Florida immediately.

Executive Summary

Which are the key investments by the mead market players?

Some key players include Schramm's Mead, Superstition Meadery, Redstone, Brothers Drake, Medovina, Tallgrass Mead, Beecraft Mead, Moonshine Meadery, PasiekaJaros, Moniac Mead, and B Nektar. Expanding year-over-year production capacity remains one of the key trends in the mead market. For instance, Superstition Meadery produced 300 gallons/per year in 2012, and in 2017, the company increased its production to 20,000 gallons. It also announced it to double its production to 100,000 gallons from 2018 to 2019.

Some major players in the mead marketare Tallgrass Mead (Canada), Moonlight Meadery (U.S.), Nektarmeadery (U.S.), Bunratty (Ireland), Charm City Meadworks (U.S.), PasiekaJaros (Poland), Redstone Meadery (U.S.), Schramm's Mead (U.S.), Superstition Meadery (U.S.), Meadery of the Rockies (U.S.)

What are the major driving factors for the mead market?

Rising consumers' preference toward mead due to taste, flavors, packaging, and technology is projected to boost the market growth over the forecast period. Domestic-flavored mead is becoming a key growth driver for the global mead industry, apart from international mead in the markets. Shifting consumers toward local meads will drive market growth during the forecast period. The increasing inclination of millennials toward alcoholic beverages and increasing cultures of bars and lounges are factors driving the growth of the mead market. The rising urban population, along with factors such as per capita disposable income, growing modernization, and increasing preference for alcoholic drinks, are factors expected to boost the growth opportunities for the mead market across the globe. 

What are the major risks for the mead market?

Mead is sold in the premium or ultra-premium price category due to its limited production, coupled with the mead production process existing as more expensive than beer or wine. Consumers spend more on alcoholic beverages in Europe and North America, and new meaderies are being opened in developing countries such as Thailand, India, Japan, Israel, Iceland, and Mexico. In addition, consumers in these countries do not spend more on alcohol as their disposable income is less, and it would be a challenge for the mead makers to sell products at lower prices in these countries. This factor act as a hampering factor for the market's growth.

Which is the key type in the mead market?

The fruit mead segment dominates the global mead market and is expected to dominate owing to the major players in this market mainly focusing on launching fruit-based mead. The fruit beers are launched to attract the millennial population, a forefront consumer of the alcohol industry, and spend more than any other age group. 

How is the Mead Market performing in regions?

Europe’s mead market has the highest revenue share in the global market due to several old meaderies, and the largest number of meaderies opened in the early 21st century. The major player is coming up with the local flavors of meads and attracting consumers with attractive new regional tastes in the region. This factor will help Europe to its dominant in the global mead market over the forecast period. 

The market in the Asia Pacific is expected to register the highest CAGR; due to globalization and new business ideas, the Asia Pacific market saw the opening of several meaderies, mainly in China and Australia. China is the largest market share in the Asia Pacific, while Australia follows it. The number of meaderies opened in Australia promises significant opportunities for market growth during the forecast period.

What is the regulatory landscape for the mead market?

There are several product safety challenges and risks facing the beverage industry in the US, including balancing innovative products with regulatory compliance. In this, how companies can prepare, how the recall landscape is evolving, and predictions for the future.

What is the Market Size of Meads Regarding Value?

The global mead market is anticipated to grow at a significant CAGR of 6.50% in the upcoming years. The global mead industry was estimated to be worth USD 2148.5million in 2021 and was expected to be worth USD 3134.9million by 2028.

What are the major players planning for the future of the mead market?

Many companies are focusing on growth strategies such as purity launches, purity approvals, and others such as patents and events. Inorganic growth strategies in the market were acquisitions, partnerships& collaborations. These activities have paved the way for business expansion and market players' customer base. The key players from the mead market are anticipated to have lucrative growth opportunities in the future with the rising demand for mead in the global market.

Segmentation of the Global Mead Market-

Global Mead Market – By Type

  • Fruit Meads
  • Traditional Mead

Global Mead Market – By Distribution Channel

  • Supermarkets/Hypermarkets
  • Specialty Stores
  • Online Sales Channels
  • Others

Global Mead Market – By Region

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-east Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of the Middle East and Africa

Frequently asked questions about the global Mead Market

The onset of COVID-19 has negatively impacted the global beverage industry, and the outlook is volatile, according to a leading player United Breweries. Alcohol use, especially heavy use, weakens the immune system and reduces its ability to cope with infectious diseases, including COVID-19. Heavy alcohol use is a risk factor for acute respiratory distress syndrome (ARDS), one of the most severe complications of COVID-19.

Europe accounted for the largest share of the global mead market due to the rising intake of alcoholic beverages and beer in this region is driving the demand for the mead market

The growing inclination of customers over wider options of flavoured alcoholic beverages is one of the factors expected to drive the growth of the global market.

The fruit meads segment had a major global market share in 2021.

The specialty stores segment had a major share in the global market.

Mead Market Scope

Report Attribute Details
Market Value in 2021 USD 2148.5 million
Market Value in 2028 USD 3134.9 million
CAGR 6.50%
Benchmarking Year 2021
Past data 2016 – 2021
Forecast period 2022 – 2028
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Trusted By
Godaddy
Published Date:  Nov 2022
Category:  Food & Beverage
Report ID:   60784
Report Format:   PDF
Pages:   120
Rating:    4.6 (40)
Delivery Time: 24 Hours to 48 Hours   
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