Market Overview:
The global mead market is expected to register a CAGR of 7.5% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for mead from convenience stores, supermarkets and hypermarkets, bars, and others applications. Additionally, the growing popularity of mead among millennials is also propelling the growth of this market. On the basis of type, the global mead market has been segmented into herbs type, spices type and fruits type. The herbs type segment is projected to register highest CAGR during the forecast period owing to its health benefits such as weight loss and improved digestion process. On account of rising demand for flavored drinks across different regions globally; manufacturers are focusing on launching new flavors in order to cater to varied consumer preferences. The spices type segment is anticipated grow at a significant rate over 2018-2030 due in part by an increase in product launches with unique flavor profiles such as gingerbread spice or pumpkin spice variants which have gained immense popularity in recent years across North America region .The fruits types Meads are made with real fruit juices instead concentrates like other Meads products on offer commercially today .This gives them a fresher taste profile that many people prefer .
Product Definition:
Mead is an alcoholic drink made from honey, water and yeast. It is sometimes flavored with spices, fruits or hops. Mead has been brewed for centuries in Europe and North America.
Herbs Type:
Herbs are used in Mead (Wine) production. There are many types of herbs that can be used for wine making. The most common ones include rosemary, mint, tarragon, and basil among others. Each herb has a different flavor and some have additional health benefits as well which is why they are preferred by wineries across the globe.
Spices Type:
Spices type is spices that are used in mead. It can be both natural and artificial. Natural spices include cinnamon, clove, allspice, nutmeg, ginger and others which are derived from the fruit peels of various plants and animals. Artificial ones are manufactured using different processes like distillation or synthesis so as to get similar effects of natural ones.
Application Insights:
The others segment includes restaurants and food joints, fast-food joints, bakery stores/ bakeries, coffee shops and cafes. The convenience store accounted for the largest share of more than 40% in 2017. This is attributed to the easy availability of products in supermarkets and hypermarkets as well as bars that have been a traditional channel for product distribution. However, with changing consumer preferences towards convenient food items having quick preparation time along with on-the-go snacks being major demand generators among other foods such as breakfast cereals over the past few years; this application segment is expected to witness significant growth over the forecast period.
The supermarket or hypermarket accounted for more than 30% share of total revenue in 2017 owing to its wide product range including fresh fruits & vegetables along with a variety of packaged foods including breads & rolls, frozen meals (prepared meal), dairy products etc.
Regional Analysis:
North America dominated the global market in terms of revenue with a share of over 30.0% in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for ethnic foods and rising health consciousness among consumers, especially millennials. Furthermore, growing popularity of ready-to-eat meals is also anticipated to drive product demand in this region.
Asia Pacific was estimated as the fastest-growing regional segment by volume during the same year due to high consumption levels coupled with increasing per capita income levels and changing food habits among consumers from traditional staple food items toward more diversified cuisines incorporating international flavors such as Chinese, Japanese, Indian,.
Growth Factors:
- Increasing demand for honey-based products as a result of their perceived health benefits.
- Rising popularity of mead among millennials and other young adults due to its artisanal appeal.
- Growing interest in mead from the craft beer and spirits industries, as well as from restaurateurs and bar owners, due to its unique flavor profile and potential for experimentation.
- Steady increase in the number of small meaderies opening up across the country, offering greater variety and quality options to consumers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Mead Market Research Report
By Type
Herbs Type, Spices Type, Fruits Type
By Application
Convenience Store, Supermarket and Hypermarket, Bars, Others
By Companies
Redstone, Brother’s Drake, Medovina, Schramm’s, Nektar, Kuhnhenn, Schramm's Mead
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
198
Number of Tables & Figures
139
Customization Available
Yes, the report can be customized as per your need.
Global Mead Market Report Segments:
The global Mead market is segmented on the basis of:
Types
Herbs Type, Spices Type, Fruits Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Convenience Store, Supermarket and Hypermarket, Bars, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Redstone
- Brother’s Drake
- Medovina
- Schramm’s
- Nektar
- Kuhnhenn
- Schramm's Mead
Highlights of The Mead Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Herbs Type
- Spices Type
- Fruits Type
- By Application:
- Convenience Store
- Supermarket and Hypermarket
- Bars
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Mead Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Mead is a fermented beverage made from honey, water and yeast. Mead can be dry or sweet, and is often used in cocktails.
Some of the key players operating in the mead market are Redstone, Brother’s Drake, Medovina, Schramm’s, Nektar, Kuhnhenn, Schramm's Mead.
The mead market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Mead Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Mead Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Mead Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Mead Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Mead Market Size & Forecast, 2018-2028
4.5.1 Mead Market Size and Y-o-Y Growth
4.5.2 Mead Market Absolute $ Opportunity
Chapter 5 Global Mead Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Mead Market Size Forecast by Type
5.2.1 Herbs Type
5.2.2 Spices Type
5.2.3 Fruits Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Mead Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Mead Market Size Forecast by Applications
6.2.1 Convenience Store
6.2.2 Supermarket and Hypermarket
6.2.3 Bars
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mead Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Mead Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Mead Analysis and Forecast
9.1 Introduction
9.2 North America Mead Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Mead Market Size Forecast by Type
9.6.1 Herbs Type
9.6.2 Spices Type
9.6.3 Fruits Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Mead Market Size Forecast by Applications
9.10.1 Convenience Store
9.10.2 Supermarket and Hypermarket
9.10.3 Bars
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Mead Analysis and Forecast
10.1 Introduction
10.2 Europe Mead Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Mead Market Size Forecast by Type
10.6.1 Herbs Type
10.6.2 Spices Type
10.6.3 Fruits Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Mead Market Size Forecast by Applications
10.10.1 Convenience Store
10.10.2 Supermarket and Hypermarket
10.10.3 Bars
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Mead Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Mead Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Mead Market Size Forecast by Type
11.6.1 Herbs Type
11.6.2 Spices Type
11.6.3 Fruits Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Mead Market Size Forecast by Applications
11.10.1 Convenience Store
11.10.2 Supermarket and Hypermarket
11.10.3 Bars
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Mead Analysis and Forecast
12.1 Introduction
12.2 Latin America Mead Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Mead Market Size Forecast by Type
12.6.1 Herbs Type
12.6.2 Spices Type
12.6.3 Fruits Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Mead Market Size Forecast by Applications
12.10.1 Convenience Store
12.10.2 Supermarket and Hypermarket
12.10.3 Bars
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Mead Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Mead Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Mead Market Size Forecast by Type
13.6.1 Herbs Type
13.6.2 Spices Type
13.6.3 Fruits Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Mead Market Size Forecast by Applications
13.10.1 Convenience Store
13.10.2 Supermarket and Hypermarket
13.10.3 Bars
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Mead Market: Competitive Dashboard
14.2 Global Mead Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Redstone
14.3.2 Brother’s Drake
14.3.3 Medovina
14.3.4 Schramm’s
14.3.5 Nektar
14.3.6 Kuhnhenn
14.3.7 Schramm's Mead
