![Global Mead Market](https://res.cloudinary.com/devmoveo/image/upload/v1706532488/skyquest/report/phpfMBLo1.jpg)
Report ID: SQMIG30E2035
Report ID:
SQMIG30E2035 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
62 |
Figures:
75
Geographically, Europe makes up the largest portion of the global mead market due to the increasing popularity and market penetration of wines there. The main contributors are nations like the United Kingdom, Italy, and France. Furthermore, after China, the European Union is thought to be the second-largest producer of honey. The region of North America will have the fastest growth rate due to rising consumption of protein-rich, clean-label food products, rising interest in Italian cuisine, an expanding population, escalating lifestyle changes, and rising personal disposable income. Due to the enormous popularity and significant consumption of plant-based meals in the region. By 2028, the Asia-Pacific region's growth rate in the global market is also predicted to increase. As honey wine becomes more widely available, more manufacturing enterprises set up shop in the area, and more people start drinking alcohol, the demand for mead is expected to increase over the forecast period.
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REQUEST FREE CUSTOMIZATIONMead Market size was valued at USD 230.3 million in 2019 and is poised to grow from USD 392.4 million in 2023 to USD 596.6 million by 2031, growing at a CAGR of 8.4% in the forecast period (2024-2031).
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Report ID: SQMIG30E2035