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Mead Beverages Market by Product, Distribution Channel, and Geography - Forecast and Analysis 2022-2026

  • Published: Jun 2022
  • Pages: 147
  • SKU: IRTNTR73586
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The mead beverages market share is expected to increase to USD 2.26 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 7.13%.

This mead beverages market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers mead beverages market segmentation by product (melomel mead, traditional mead, sparkling mead, and other meads), distribution channel (on-trade and off-trade), and geography (Europe, North America, APAC, South America, and Middle East and Africa). The mead beverages market report also offers information on several market vendors, including B. Nektar Meadery, Bunratty Mead and Liqueur Co. Ltd., Charm City Meadworks LLC, Medovinarna, Moonshine Meadery, Pasieka Jaros Sp. z o.o., Redstone Meadery, Schramms Mead, Superstition Meadery, and Tallgrass Mead among others.

What will the Mead Beverages Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Mead Beverages Market Size for the Forecast Period and Other Important Statistics

 

Mead Beverages Market: Key Drivers, Trends, and Challenges

The presence of numerous untapped markets is notably driving the mead beverages market growth, although factors such as the fluctuation in price of honey may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the mead beverages industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Mead Beverages Market Driver

  • One of the key drivers fueling the mead beverages market growth is the presence of numerous untapped markets.
  • The presence of India and China adds to the market potential for the vendors to expand their presence in the region. 
  • Meads, though the world's oldest alcoholic drink, is not popular in countries such as India. However, new meaderies are opening in India. For instance, in October 2021, Moonshine Meadery is India's first and largest meadery, under the process of building the market for "Meads"?in India. The Meadery announced that Apple Cyder Mead and Coffee Mead will be available in leading liquor retail outlets across Guwahati, Assam, India. 
  • The presence of multiple untapped markets will drive the mead beverages market growth during the forecast period.

Key Mead Beverages Market Trend

  • One of the key mead beverages market trends supporting the market growth is product innovations. 
  • The introduction of innovative products in the market increases the retention of consumer interest in the product.
  • The players in the market are launching gluten-free mead beverages that are targeted at consumers who are allergic to gluten.
  • In August 2021, Heineken USA launched canned sparkling wine, which is an innovation on traditional mead. Comb and Hive is a wine made with wildflower honey and sugar fermented with orange flowers and with fizz.
  • The product innovation by the vendors will add new products to the market. This, in turn, will boost the growth of the global mead beverages market during the forecast period. 

Key Mead Beverages Market Challenge

  • One of the factors challenging the mead beverages market growth is the fluctuation in the price of honey.
  • Honey is the core raw material that aids in the production of mead beverages and increased prices of honey would lead to a corresponding increase in the cost of the end product.
  • The rapid increase in honey price is attributed to increased demand and the short supply of authentic honey.
  • The price of honey products in the US declined from $2.21 per pound to $1.97 per pound in 2019. It again increased to over $2 per pound in H2 2020. On the other hand, the US retail price of honey products reached $8 per pound during H1 2020.
  • In recent years, the increase in honey prices compelled players operating in the honey industry to implement various discount offers to attract consumers. Therefore, such abrupt changes in honey price may negatively impact the growth of the mead beverages market in focus during the forecast period. 

This mead beverages market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global mead beverages market as a part of the global packaged foods and meats market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the mead beverages market during the forecast period.

Who are the Major Mead Beverages Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • B. Nektar Meadery
  • Bunratty Mead and Liqueur Co. Ltd.
  • Charm City Meadworks LLC
  • Medovinarna
  • Moonshine Meadery
  • Pasieka Jaros Sp. z o.o.
  • Redstone Meadery
  • Schramms Mead
  • Superstition Meadery
  • Tallgrass Mead

 

This statistical study of the mead beverages market encompasses successful business strategies deployed by the key vendors. The mead beverages market is concentrated and the vendors are deploying growth strategies such as the expansion of product portfolios to compete in the market.

Product Insights and News

  • Bnektar.com - The company offers mead beverages products such as Cherry Limeade, Optimism, and Dragons Are Real.
  • Bunrattymead.net - The company offers mead beverages products such as Bunratty Meade honey wine.
  • Charmcitymeadworks.com - The company offers mead beverages products such as draft mead and still mead.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The mead beverages market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Mead Beverages Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the mead beverages market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Mead Beverages Market?

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31% of the market’s growth will originate from North America during the forecast period. US and Canada are the key markets for mead beverages in North America. Market growth in this region will be faster than the growth of the market in other regions.

The increasing demand for mead beverages among women and millennial consumers will facilitate the mead beverages market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID had a negative impact on the regional market. However, in 2021, the demand for these products rebounded in retail stores as regional activities reopened due to the COVID-19 vaccination drives and subsequent lifting of lockdowns. These factors will drive the growth of the regional mead beverage market during the forecast period.

What are the Revenue-generating Product Segments in the Mead Beverages Market?

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The mead beverages market share growth by the melomel mead segment will be significant during the forecast period. Melomels are meads made from honey and fruits. The high demand for fruit-flavored alcohol is proportional to the high global demand for melomel mead. Players are launching new flavors of melomel mead to cater to the evolving taste preferences of consumers. There exist multiple flavors of melomel meads, such as cherry melomels, blueberry melomels, and others. Such factors will drive the segment growth during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the mead beverages market size and actionable market insights on post COVID-19 impact on each segment.

 

Mead Beverages Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 7.13%

Market growth 2022-2026

$ 2.26 billion

Market structure

Concentrated

YoY growth (%)

6.7

Regional analysis

Europe, North America, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 31%

Key consumer countries

US, Canada, China, Germany, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

B. Nektar Meadery, Bunratty Mead and Liqueur Co. Ltd., Charm City Meadworks LLC, Medovinarna, Moonshine Meadery, Pasieka Jaros Sp. z o.o., Redstone Meadery, Schramms Mead, Superstition Meadery, and Tallgrass Mead

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

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What are the Key Data Covered in this Mead Beverages Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive mead beverages market growth during the next five years
  • Precise estimation of the mead beverages market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the mead beverages industry across Europe, North America, APAC, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of mead beverages market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Distribution Channel
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 18: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 24: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Product

    • 5.1 Market segments
      • Exhibit 25: Chart on Product - Market share 2021-2026 (%)
      • Exhibit 26: Data Table on Product - Market share 2021-2026 (%)
    • 5.2 Comparison by Product
      • Exhibit 27: Chart on Comparison by Product
      • Exhibit 28: Data Table on Comparison by Product
    • 5.3 Melomel mead - Market size and forecast 2021-2026
      • Exhibit 29: Chart on Melomel mead - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Data Table on Melomel mead - Market size and forecast 2021-2026 ($ million)
      • Exhibit 31: Chart on Melomel mead - Year-over-year growth 2021-2026 (%)
      • Exhibit 32: Data Table on Melomel mead - Year-over-year growth 2021-2026 (%)
    • 5.4 Traditional mead - Market size and forecast 2021-2026
      • Exhibit 33: Chart on Traditional mead - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Data Table on Traditional mead - Market size and forecast 2021-2026 ($ million)
      • Exhibit 35: Chart on Traditional mead - Year-over-year growth 2021-2026 (%)
      • Exhibit 36: Data Table on Traditional mead - Year-over-year growth 2021-2026 (%)
    • 5.5 Sparkling mead - Market size and forecast 2021-2026
      • Exhibit 37: Chart on Sparkling mead - Market size and forecast 2021-2026 ($ million)
      • Exhibit 38: Data Table on Sparkling mead - Market size and forecast 2021-2026 ($ million)
      • Exhibit 39: Chart on Sparkling mead - Year-over-year growth 2021-2026 (%)
      • Exhibit 40: Data Table on Sparkling mead - Year-over-year growth 2021-2026 (%)
    • 5.6 Other meads - Market size and forecast 2021-2026
      • Exhibit 41: Chart on Other meads - Market size and forecast 2021-2026 ($ million)
      • Exhibit 42: Data Table on Other meads - Market size and forecast 2021-2026 ($ million)
      • Exhibit 43: Chart on Other meads - Year-over-year growth 2021-2026 (%)
      • Exhibit 44: Data Table on Other meads - Year-over-year growth 2021-2026 (%)
    • 5.7 Market opportunity by Product
      • Exhibit 45: Market opportunity by Product ($ million)

    6 Market Segmentation by Distribution Channel

    • 6.1 Market segments
      • Exhibit 46: Chart on Distribution Channel - Market share 2021-2026 (%)
      • Exhibit 47: Data Table on Distribution Channel - Market share 2021-2026 (%)
    • 6.2 Comparison by Distribution Channel
      • Exhibit 48: Chart on Comparison by Distribution Channel
      • Exhibit 49: Data Table on Comparison by Distribution Channel
    • 6.3 On trade - Market size and forecast 2021-2026
      • Exhibit 50: Chart on On trade - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on On trade - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on On trade - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on On trade - Year-over-year growth 2021-2026 (%)
    • 6.4 Off trade - Market size and forecast 2021-2026
      • Exhibit 54: Chart on Off trade - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on Off trade - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on Off trade - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on Off trade - Year-over-year growth 2021-2026 (%)
    • 6.5 Market opportunity by Distribution Channel
      • Exhibit 58: Market opportunity by Distribution Channel ($ million)

    7 Customer Landscape

    • 7.1 Customer landscape overview
      • Exhibit 59: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    8 Geographic Landscape

    • 8.1 Geographic segmentation
      • Exhibit 60: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 61: Data Table on Market share by geography 2021-2026 (%)
    • 8.2 Geographic comparison
      • Exhibit 62: Chart on Geographic comparison
      • Exhibit 63: Data Table on Geographic comparison
    • 8.3 Europe - Market size and forecast 2021-2026
      • Exhibit 64: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 65: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 66: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 67: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 8.4 North America - Market size and forecast 2021-2026
      • Exhibit 68: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 69: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 70: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 71: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 8.5 APAC - Market size and forecast 2021-2026
      • Exhibit 72: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 73: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 74: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 75: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 8.6 South America - Market size and forecast 2021-2026
      • Exhibit 76: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 77: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 78: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 79: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 8.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 80: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 81: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 82: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 83: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 8.8 US - Market size and forecast 2021-2026
      • Exhibit 84: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 85: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 86: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 87: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 8.9 China - Market size and forecast 2021-2026
      • Exhibit 88: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 89: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 90: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 91: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 8.10 Germany - Market size and forecast 2021-2026
      • Exhibit 92: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 93: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 94: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 95: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 8.11 Canada - Market size and forecast 2021-2026
      • Exhibit 96: Chart on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 97: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 98: Chart on Canada - Year-over-year growth 2021-2026 (%)
      • Exhibit 99: Data Table on Canada - Year-over-year growth 2021-2026 (%)
    • 8.12 UK - Market size and forecast 2021-2026
      • Exhibit 100: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 101: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 102: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 103: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 8.13 Market opportunity by geography
      • Exhibit 104: Market opportunity by geography ($ million)

    9 Drivers, Challenges, and Trends

    • 9.1 Market drivers
      • 9.2 Market challenges
        • 9.3 Impact of drivers and challenges
          • Exhibit 105: Impact of drivers and challenges in 2021 and 2026
        • 9.4 Market trends

          10 Vendor Landscape

          • 10.1 Overview
            • 10.2 Vendor landscape
              • Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
            • 10.3 Landscape disruption
              • Exhibit 107: Overview on factors of disruption
            • 10.4 Industry risks
              • Exhibit 108: Impact of key risks on business

            11 Vendor Analysis

            • 11.1 Vendors covered
              • Exhibit 109: Vendors covered
            • 11.2 Market positioning of vendors
              • Exhibit 110: Matrix on vendor position and classification
            • 11.3 B. Nektar Meadery
              • Exhibit 111: B. Nektar Meadery - Overview
              • Exhibit 112: B. Nektar Meadery - Product / Service
              • Exhibit 113: B. Nektar Meadery - Key offerings
            • 11.4 Bunratty Mead and Liqueur Co. Ltd.
              • Exhibit 114: Bunratty Mead and Liqueur Co. Ltd. - Overview
              • Exhibit 115: Bunratty Mead and Liqueur Co. Ltd. - Product / Service
              • Exhibit 116: Bunratty Mead and Liqueur Co. Ltd. - Key offerings
            • 11.5 Charm City Meadworks LLC
              • Exhibit 117: Charm City Meadworks LLC - Overview
              • Exhibit 118: Charm City Meadworks LLC - Product / Service
              • Exhibit 119: Charm City Meadworks LLC - Key offerings
            • 11.6 Medovinarna
              • Exhibit 120: Medovinarna - Overview
              • Exhibit 121: Medovinarna - Product / Service
              • Exhibit 122: Medovinarna - Key offerings
            • 11.7 Moonshine Meadery
              • Exhibit 123: Moonshine Meadery - Overview
              • Exhibit 124: Moonshine Meadery - Product / Service
              • Exhibit 125: Moonshine Meadery - Key offerings
            • 11.8 Pasieka Jaros Sp. z o.o.
              • Exhibit 126: Pasieka Jaros Sp. z o.o. - Overview
              • Exhibit 127: Pasieka Jaros Sp. z o.o. - Product / Service
              • Exhibit 128: Pasieka Jaros Sp. z o.o. - Key offerings
            • 11.9 Redstone Meadery
              • Exhibit 129: Redstone Meadery - Overview
              • Exhibit 130: Redstone Meadery - Product / Service
              • Exhibit 131: Redstone Meadery - Key offerings
            • 11.10 Schramms Mead
              • Exhibit 132: Schramms Mead - Overview
              • Exhibit 133: Schramms Mead - Product / Service
              • Exhibit 134: Schramms Mead - Key offerings
            • 11.11 Superstition Meadery
              • Exhibit 135: Superstition Meadery - Overview
              • Exhibit 136: Superstition Meadery - Product / Service
              • Exhibit 137: Superstition Meadery - Key offerings
            • 11.12 Tallgrass Mead
              • Exhibit 138: Tallgrass Mead - Overview
              • Exhibit 139: Tallgrass Mead - Product / Service
              • Exhibit 140: Tallgrass Mead - Key offerings

            12 Appendix

            • 12.1 Scope of the report
              • 12.2 Inclusions and exclusions checklist
                • Exhibit 141: Inclusions checklist
                • Exhibit 142: Exclusions checklist
              • 12.3 Currency conversion rates for US$
                • Exhibit 143: Currency conversion rates for US$
              • 12.4 Research methodology
                • Exhibit 144: Research methodology
                • Exhibit 145: Validation techniques employed for market sizing
                • Exhibit 146: Information sources
              • 12.5 List of abbreviations
                • Exhibit 147: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              The mead beverages market market growth will increase by $$ 2.26 bn during 2023-2026.
              The mead beverages market market is expected to grow at a CAGR of 7.13% during 2023-2026.
              Technavio has segmented the mead beverages market market by product (Melomel mead, Traditional mead, sparkling mead, and other meads) ,distribution channel (On-trade and off-trade) , and geography (Europe, North America, APAC, South America, and Middle East and Africa).
              B. Nektar Meadery, Bunratty Mead and Liqueur Co. Ltd., Charm City Meadworks LLC, Medovinarna, Moonshine Meadery, Pasieka Jaros Sp. z o.o., Redstone Meadery, Schramms Mead, Superstition Meadery, Tallgrass Mead are a few of the key vendors in the mead beverages market market.
              North America will register the highest growth rate of 31% among the other regions. Therefore, the mead beverages market market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the mead beverages market market growth are:
              • Presence of numerous untapped markets
              • Product innovations
              The mead beverages market market vendors should focus on grabbing business opportunities from the melomel mead segment as it accounted for the largest market share in the base year.
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