Mead, commonly known as honey wine, is a ubiquitous traditional alcoholic beverage produced by fermenting honey with water, sometimes with various spices, grains, hops, or fruits. It has high antimicrobial properties and nutritional content, which fuels its demand across the globe. The product also has an excellent healing property and is used in various physical treatments. Research studies concluded that the product could be used to safeguard several chronic diseases, such as heart disease, allergies, cancer, and gastrointestinal disorders, owing to its probiotic effect.
MARKET DYNAMICS
The industry of mead is projected to increase over the forecast year on account of factors such as the growing inclination of adolescents and millennials towards alcoholic beverages and increasing cultures of lounges and bars, are factors that tend to drive the growth of the mead market. The rising urban population, along with factors such as growing modernization, per capita disposable income, and increasing preference for alcoholic drinks are another major factor expected to fuel the growth opportunities for mead market across the globe. In addition to this, the influence of social media and other networking sites, changing lifestyles, and rising club culture and social gatherings are significant factors influencing the consumer's inclination toward mead.
MARKET SCOPE
The "Global Mead Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the mead market with detailed market segmentation category, distribution channel, and geography. The global mead market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading mead market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global mead market is segmented on the basis of category and distribution channel. On the basis of type, the global mead market is divided into organic, conventional. On the basis of application, the global meadmarket is divided into hypermarkets and supermarket, specialty stores, online retail, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global mead market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The mead market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the mead market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the mead market in these regions.
MARKET PLAYERS
The reports cover key developments in the mead market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as purity launches, purity approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from meadmarket is anticipated to lucrative growth opportunities in the future with the rising demand for mead in the global market. Below mentioned is the list of few companies engaged in the mead market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the mead market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Redstone Meadery
- Brothers Drake Meadery
- Medovina
- Schramm's Mead
- B. Nektar Meadery
- Kuhnhenn Brewing Co LLC
- Beecraft Mead
- The Honey Wine Company
- Humble Bee Wines
- Real Beer Media, Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.