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Mead Beverages Market Trends

  • Report ID: GMI10365
  • Published Date: Jul 2024
  • Report Format: PDF

Mead Beverages Market Trends

The market for mead drinks is currently seeing developments that include a greater emphasis on flavor innovation as meaderies experiment with unusual flavor combinations and exotic ingredients to appeal to consumers who are willing to take risks. Additionally, producers are placing an increasing focus on sustainability by procuring honey locally and implementing organic processes.
 

Future developments are anticipated to center on premiumization, with mead presenting itself as a classy substitute for conventional alcoholic beverages like wine and craft beer. Furthermore, specialized markets will likely be served by customized and small-batch production techniques, which will further highlight the artisanal appeal of mead. These patterns reflect a dynamic market evolution propelled by customer aspirations for distinctiveness, quality, and sustainability in their beverage selections.
 

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Global mead beverages industry size recorded USD 540.2 million in 2023 and will grow at 10.1% CAGR from 2024 to 2032, due to higher utilization in alcoholic beverages for offering unique flavors to cater to consumers seeking artisanal and historical drinking experiences

The traditional segment will depict 10.4% CAGR from 2024 to 2032 owing to rising consumers preference for tradition and authenticity.

North America mead beverages market size will record 10.3% CAGR between 2024 and 2032 backed by a strong craft beverage movement to support historically significant and artisanal beverages

B Nektar, Bored Beverages Company, BUNRATTY MEAD AND LIQUEUR CO. Ltd., Charm City Meadworks, and Heidrun Meadery

Mead Beverages Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 11
  • Tables & Figures: 170
  • Countries covered: 22
  • Pages: 215
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