The global honey wine market size was valued at USD 439.5 million in 2018. The market is estimated to expand further at a CAGR of 10.1% from 2019 to 2025. Honey wine, which is also called as mead, is fermented using honey. It has high nutritional content and antimicrobial properties, which drive its demand across the globe.
Moreover, the availability of different flavours, such as spices, fruits, herbs, and chocolate, is anticipated to fuel the demand over the forecast period. The product also has excellent healing properties and is used in several physical treatments. Some studies concluded that the product can be used to prevent various chronic diseases, such as allergies, heart disease, gastrointestinal disorders, and cancer, due to its probiotic effect.
The fruit honey wine product segment accounted for the largest share of more than 55% in 2018. The demand for fruit honey wine is driven by rising awareness about its health benefits, such as lowering cholesterol and increasing blood flow. The availability of different flavours, such as apple, mulberries, and grapes, will also fuel the product demand.
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- ETOWAH MEADERY
- MARTIN BROTHERS WINERY
- THE MEADERY
- BEECRAFT MEAD
- WILD BLOSSOM MEADERY AND WINERY
- THE HONEY WINE COMPANY WANDERING BARD MEADERY
- ROSEWOOD ESTATES WINERY
- WANDERING BARD MEADERY
- KUHNHENN BREWING CO
- MOONLIGHT MEADERY
- Convenience Stores
- Specialty Stores
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The Honey Wine market in APAC is expected to hold a major market share during the forecast period as countries in APAC such as China, Japan, India, and South Korea have some of the largest manufacturing facilities wherein automation of manufacturing processes has been taken as the highest priority. Also, strong competition among consumer electronics companies in APAC is likely to boost the adoption of machine vision systems in the region. The growing awareness about and demand for high-quality and zero-defect products has fuelled the need for Honey Wine in inspection-related applications in the manufacturing fields.
However, the outbreak of COVID-19 has significantly affected the manufacturing sector of APAC. As the neighbouring countries are linked to one another through trade relations and supply chain the entire region is affected with the outbreak of COVID-19 which will have a significant impact on the said market in this region for the forecast period.
TABLE OF CONTENTS
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. COVID-19 Impact on Honey Wine Market
Chapter 5. Global Honey Wine Market Overview, By Application, 2015 – 2027(USD Million)
Chapter 6. Global Honey Wine Market Overview, By Distribution Channel, 2015 – 2027(USD Million)
Chapter 7. Global Honey Wine Market Overview, By Geography, 2015 – 2027(USD Million)
Chapter 8. North America Honey Wine Market Overview, By Countries, 2015 – 2027(USD Million)
Chapter 9. Europe Honey Wine Market Overview, By Countries, 2015 – 2027(USD Million)
Chapter 10. Asia Pacific Honey Wine Market Overview, By Countries, 2015 – 2027 (USD Million)
Chapter 11. Middle East & Africa Honey Wine Market Overview, By Countries, 2015 – 2027 (USD Million)
Chapter 12. South America Honey Wine Market Overview, By Countries, 2015 – 2027 (USD Million)
Chapter 13. Competitive Landscape
Chapter 14. Key Vendor Analysis
Chapter 15. Honey Wine Market Cost Analysis
Chapter 16. Sourcing Strategy and Downstream Buyers
Chapter 17. Marketing Strategy Analysis, Distributors/Traders
Chapter 18. Market Effect Factors Analysis
Chapter 19. Future Outlook of the Market
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