Honey Wine Market Size, Share & Trends Analysis Report By Product (Fruits, Spices, Herbs, Others), By Distribution Channel (On Trade, Off Trade), By Region, And Segment Forecasts, 2024 - 2030
Honey Wine Market Growth & Trends
The global honey wine market size is expected to reach USD 1.1 billion by 2030, registering a CAGR of 9.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. Demand for flavored wines is expected to be among the key factors driving the market. Increased consumer purchasing power, especially in developing countries like China, is anticipated to drive the product demand further.
Moreover, demand for sparkling wine and antioxidant beverages is estimated to drive the product demand. In addition, rising number of meaderies in developed countries will support the overall market growth. Positive impact of e-commerce channels and social media will also provide growth opportunities to the market. Europe is anticipated to be the largest regional market due to high product demand in countries, such as France, Italy, and U.K.
Moreover, presence of several leading manufacturers in the region and constant product launches by them are expected to propel the growth. Major companies are investing in R&D and capacity expansion to gain a higher industry share. For instance, in November 2018, Gosnell’s launched a Vintage Mead. They also focus on M&A and online sales for business expansion.
Honey Wine Market Report Highlights
- The spices segment is expected to register the fastest CAGR during the forecast period. Spiced honey wines are rich in tradition and taste
- Off-trade channel of distribution led the global honey wine market in 2023 and accounted for an overall share of more than 70%
- Europe was the dominant regional market in 2023 and is projected to expand further at a steady CAGR over the next few years
- Chapter 1. Methodology and Scope
- 1.1. Market Segmentation& Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR’s Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
- Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
- Chapter 3. Cake Mixes Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.1.2. Related Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Sales/Retail Channel Analysis
- 3.2.2. Profit Margin Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Industry Challenges
- 3.3.4. Industry Opportunities
- 3.4. Industry Analysis Tools
- 3.4.1. Porter’s Five Forces Analysis
- 3.5. Market Entry Strategies
- Chapter 4. Consumer Behavior Analysis
- 4.1. Demographic Analysis
- 4.2. Consumer Trends & Preferences
- 4.3. Factors Influencing Buying Decisions
- 4.4. Consumer Product Adoption Trends
- 4.5. Observations & Recommendations
- Chapter 5. Honey Wine Market: Product Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Honey Wine Market: Product Movement Analysis, 2023 & 2030 (USD Million)
- 5.3. Fruits
- 5.3.1. Fruits Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Spices
- 5.4.1. Spices Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.5. Herbs
- 5.5.1. Herbs Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.6. Others
- 5.6.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- Chapter 6. Honey Wine Market: Distribution Channel Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Honey Wine Market: Distribution Channel Movement Analysis, 2023 & 2030 (USD Million)
- 6.3. On Trade
- 6.3.1. On Trade Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. Off Trade
- 6.4.1. Off Trade Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- Chapter 7. Honey Wine Market: Regional Estimates & Trend Analysis
- 7.1. Honey Wine Market Share, By Region, 2023 & 2030 (USD Million)
- 7.2. North America
- 7.2.1. North America Honey Wine Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.2. U.S.
- 7.2.2.1. U.S. Honey Wine Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3. Europe
- 7.3.1. Europe Honey Wine Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.2. UK
- 7.3.2.1. UK Honey Wine Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.3. Italy
- 7.3.3.1. Italy Honey Wine Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.4. France
- 7.3.4.1. France Honey Wine Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific Honey Wine Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.2. China
- 7.4.2.1. China Honey Wine Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.3. Australia
- 7.4.3.1. Australia Honey Wine Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5. Latin America
- 7.5.1. Latin America Honey Wine Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5.2. Brazil
- 7.5.2.1. Brazil Honey Wine Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- Chapter 8. Competitive Landscape
- 8.1. Recent Developments & Impact Analysis by Key Market Participants
- 8.2. Company Categorization
- 8.3. Company Heat Map Analysis
- 8.4. Company Profiles
- 8.4.1. Redstone
- 8.4.1.1. Participant’s Overview
- 8.4.1.2. Financial Performance
- 8.4.1.3. Product Benchmarking
- 8.4.1.4. Recent Developments/ Strategic Initiatives
- 8.4.2. Brothers Drake Maedery
- 8.4.2.1. Participant’s Overview
- 8.4.2.2. Financial Performance
- 8.4.2.3. Product Benchmarking
- 8.4.2.4. Recent Developments/ Strategic Initiatives
- 8.4.3. Medovina Meadery
- 8.4.3.1. Participant’s Overview
- 8.4.3.2. Financial Performance
- 8.4.3.3. Product Benchmarking
- 8.4.3.4. Recent Developments/ Strategic Initiatives
- 8.4.4. Kuhnhenn Brewing Co. LLC
- 8.4.4.1. Participant’s Overview
- 8.4.4.2. Financial Performance
- 8.4.4.3. Product Benchmarking
- 8.4.4.4. Recent Developments/ Strategic Initiatives
- 8.4.5. Schramm’s Mead
- 8.4.5.1. Participant’s Overview
- 8.4.5.2. Financial Performance
- 8.4.5.3. Product Benchmarking
- 8.4.5.4. Recent Developments/ Strategic Initiatives
- 8.4.6. Winery Kuhnhenn Brewing Co LLC
- 8.4.6.1. Participant’s Overview
- 8.4.6.2. Financial Performance
- 8.4.6.3. Product Benchmarking
- 8.4.6.4. Recent Developments/ Strategic Initiatives
- 8.4.7. The Honey Wine Company
- 8.4.7.1. Participant’s Overview
- 8.4.7.2. Financial Performance
- 8.4.7.3. Product Benchmarking
- 8.4.7.4. Recent Developments/ Strategic Initiatives
- 8.4.8. Martin Brothers Winery
- 8.4.8.1. Participant’s Overview
- 8.4.8.2. Financial Performance
- 8.4.8.3. Product Benchmarking
- 8.4.8.4. Recent Developments/ Strategic Initiatives
- 8.4.9. Moonshine Meadery
- 8.4.9.1. Participant’s Overview
- 8.4.9.2. Financial Performance
- 8.4.9.3. Product Benchmarking
- 8.4.9.4. Recent Developments/ Strategic Initiatives
- 8.4.10. Talon Wines
- 8.4.10.1. Participant’s Overview
- 8.4.10.2. Financial Performance
- 8.4.10.3. Product Benchmarking
- 8.4.10.4. Recent Developments/ Strategic Initiatives
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