Mezcal Market
Mezcal Market Analysis by Joven, Anejo, and Reposado Sold through Specialty Stores, Online Retailers, Hotels/Restaurants/Cafes (HoReCa), and Modern Trade from 2023 to 2033
Analysis of Mezcal Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Mezcal Market Outlook (2023 to 2033)
As revealed by Fact.MR in its new study, the global mezcal market has reached a size of US$ 386.5 million in 2023. Worldwide demand for mezcal is expected to rise at a CAGR of 14.1% and reach a market valuation of US$ 1.45 billion by 2033.
Demand for mezcal is projected to increase significantly because of its unique flavors. Players are adopting several strategies to better serve global consumers. They are increasing their manufacturing capacities and are concentrating on producing products that can appeal to a larger consumer base.
Mezcal is a popular type of distilled alcoholic beverage manufactured from the agave plant. It is becoming popular globally because of its distinctive taste. The rising traction for smoky spirit is leading to growing sales of mezcal.
- The United States holds 45.1% share of the North American market in 2023, which is one of the leading mescal production regions besides Europe.
- Hotels/restaurants/cafes (HoReCa) account for 61.1% of global sales of mezcal.
Companies are expanding their reach across geographies with the introduction of various innovative flavors, mescal cocktails, and attractive packaging. They are investing at a significant rate in numerous marketing campaigns and initiatives to expand their reach among potential consumers.
For instance :
- In April 2022, Drink Monday, Inc. launched Monday Mezcal, which is a popular non-alcoholic beverage. The company is a pioneer in various non-alcoholic beverages. This newly launched product is predicted to broaden the product portfolio of the company and attract a larger consumer base.
- Cuentacuentos came up with its regulation crowdfunding in July 2022. It is a bit innovative approach adopted by any company for expansion. The company is aiming to broaden its conventional and handcrafted mezcal portfolio. Cuentacuentos wants to manufacture mezcal by providing a platform to multiple manufacturers under one roof.
According to Fact.MR’s study on mescal market trends, robust demand for premium and organic beverages is predicted to positively affect the sales of mezcal across the world, also benefitting mescal exports. This beverage is produced from agave plants, which have a low glycemic index. Therefore, more consumers are giving preference to mezcal due to its comparatively less sugary effects.
Report Attributes | Details |
---|---|
Mezcal Market Size (2023) | US$ 386.50 Million |
Projected Market Value (2033) | US$ 1.45 Billion |
Global Market Growth Rate (2023 to 2033) | 14.1% CAGR |
Revenue Share of Tequila (2023) | 56.1% |
United States Market Share (2023) | 45.1% |
Revenue Share of Hotels/Restaurants/Cafes (HoReCa) (2023) | 61.1% |
Key Companies Profiled | Bacardi Limited; Craft Distiller; Familia Camarena Tequila; Destileria Tlacolula; Don Julio; Diageo Plc.; S.A.de.; Fidencio Mezcal; EL Silencio Holdings INC. |
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What’s Contributing to Significant Demand Growth for Mezcal?
“Availability of Multiple Flavors of Mezcal Attracting More Consumers”
The distillation system is an important parameter defining the quality of beverages produced from agave. The easy availability of various flavors of mezcal leads to its rising preference among various consumers compared to crafted spirits. Several consumers prefer ethically sourced products and beverages, including cold-pressed juice, smoothies with organic ingredients, and craft beer, which is predicted to drive lucrative opportunities for market players over the coming decade.
The authenticity and quality of mezcal are pivotal due to the unique alcoholic flavor of the beverage, which is a result of non-volatile and volatile compounds. Some of the compounds include β-sitosterol, free fatty acids, fructans, and groups of tri-, di-, and monoacylglycerols. Fructans can form Maillard compounds, including ketones, pyrans, and furans because of lower pH and higher temperatures in the cooking process of agave.
“Use of Technological Innovations in Production of Spirits”
The agave plant that is used in the production of spirit is projected to enrich mezcal’s volatile price. The conventional extraction procedure generally leads to lower yields, poorer extraction quality, longer extraction times, and higher solvent consumption. There is a requirement for the distillation of fermented maguey to produce different types of distilled alcoholic beverages, including mezcal, tequila, etc. Therefore, technological advancements are benefiting production and extraction processes of sustainable spirit.
Manufacturers are involved in technological innovations and product launches to minimize manufacturing and extraction costs. Players are taking initiatives to improve product traceability with the use of innovative technologies to enhance the efficiency of the supply chain, especially in industries such as food & beverages.
What Can Somewhat Restrict the Sales of Mezcal?
“Heavy Taxation and Duties Hurting Market Expansion”
Increasing demand for different types of alcoholic beverage products is leading to rising import activities. But, heavy customs duties and taxation are projected to limit market expansion with reduced product demand.
Heavy excise and taxation duties automatically lead to an increase in the cost of products and therefore make mezcal comparatively costlier, which is predicted to negatively impact market production and sales to some extent.
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What are Start-ups Focusing on to Establish Themselves in the Market?
“Rising Traction for Mezcal Liquor among Millennials Fueling Opportunities for Start-ups”
Rising demand for different types of premium alcoholic beverages is one of the prominent factors fueling opportunities for new entrants. Growing demand for multiple types of nutrient-rich foods, as well as beverages with flavor and quality due to rising health consciousness among various consumers, is driving market opportunities for new mescal production companies.
Start-ups are coming up with unique goods with a limited number of processed ingredients. New entrants are concentrating on developing multiple natural ingredient combinations to fuel demand for sustainable and healthy food & beverages. Thirst among millennials for unique spirits is also driving sales of different high-quality beverages, including mezcal. Artisanal mezcal can also be something that new companies can look at to broaden their consumer base.
Country-wise Insights
Why is the United States an Important Market for Mezcal in North America?
“Opening of Numerous Advanced Manufacturing Facilities by Tequila Producers”
Demand for mezcal in the United States is projected to expand at a significant rate over the decade. The market in the United States holds a share of 45.1% of regional revenue in 2023.
More consumers in the United States prefer premium brands compared to other options. The market is well-known among key players therefore companies are investing at a significant rate in the establishment of numerous manufacturing facilities. The rising demand for tequila, especially among millennials and Gen Z is contributing to market expansion.
The United States has proximity to Mexico, which is globally popular for mezcal. Multiple distillers in the United States market are projected to capitalize on trends of premiumization.
What’s Driving the Consumption of Mezcal in India and China?
“Growing Millennial Population Contributing to Rising Sales of Mezcal”
Over the coming 10 years, growth of mescal brands is predicted to expand rapidly owing to a significant increase in the millennial population across some pivotal countries, including India, China, and others. A significant increase in the disposable income of numerous consumers from these countries is leading to their growing spending capacities. They are investing in various lifestyle products, including beverages.
Mezcal is a popular craft beverage available in a wide variety of flavors. In addition, underdeveloped countries from the region are also estimated to generate significant opportunities for manufacturers of agave spirits.
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Category-wise Insights
Which is the Most Widely Consumed Mezcal Concentrate Globally?
“Booming Sales of 100% Tequila-based Mezcal Gin Containing Natural Ingredients”
The 100% tequila segment holds a 56.1% share of the mezcal landscape in 2023, according to Fact.MR, a market research and competitive intelligence provider. Manufacturers of mescal varieties are concentrating on natural ingredients instead of traditional ingredients for supportive growth.
Mezcal is gaining popularity among millennials with the soaring popularity of premium drinks that are manufactured with technologically advanced solutions. Numerous mescal culture businesses are strengthening their supply chains for stable growth in the market.
Which Sales Channel is Most Widely Used to Purchase Mezcal?
“Sales of Mezcal Whiskey Surging in Hotels/Restaurants/Cafes”
The hotels/restaurants/cafes (HoReCa) segment is a popular channel for mescal consumption, which is estimated to dominate the global market with rising sales of mezcal over the forecasted period. The segment holds a share of 61.1% of industry revenue in 2023.
Growing adoption of responsible and innovative approaches for product packaging is not only environment-friendly but also consumer-friendly, which is propelling the demand for mezcal. Premiumization is also contributing to the rising sales of mezcal. HoReCa highlights exclusivity and superior quality of mezcal of different categories.
Key Market Players
Market players are concentrating on investments in strengthening their systems adopted for supply chain management, maintaining product standards, ensuring quality control, and others.
Prominent companies are concentrating on mergers & acquisitions, new product developments, etc., to expand their portfolio while strengthening their position across regions.
For instance :
- Sydney Block is a trader from Wall Street. In July 2022, Sydney launched Catedral Mezcal Artesanal with her father, Jeff. With a major in environmental economics, Sydney prepares mezcal products with sustainable practices by hand instead of machines.
- Codigo 1530 is a popular independent brand of tequila. In June 2022, the company introduced two mezcal products. It entered into a collaboration with a prominent mezcal master to manufacture mezcal.
Bacardi Limited, Craft Distiller, Familia Camarena Tequila, Destileria Tlacolula, Don Julio, Diageo Plc., S.A.de., Fidencio Mezcal, and EL Silencio Holdings INC. are leading manufacturers of mezcal.
Segmentation of Mezcal Industry Research
-
By Product Type :
- Joven
- Anejo
- Reposado
-
By Sales Channel :
- Specialty Stores
- Online Retailers
- Hotels/Restaurants/Cafes (HoReCa)
- Modern Trade
-
By Concentrate :
- 100% Tequila
- Mixed Tequila
-
By Region :
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Table of Content
- 1. Global Market - Executive Summary
- 2. Global Market Overview
- 3. Market Risks and Trends Assessment
- 4. Market Background and Foundation Data Points
- 5. Global Market Demand (US$ Mn) Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Concentrate
- 6.1. 100% Tequila
- 6.2. Mixed Tequila
- 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Product Type
- 7.1. Joven
- 7.2. Anejo
- 7.3. Reposado
- 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Sales Channel
- 8.1. Specialty Stores
- 8.2. Online Retailers
- 8.3. Hotels/Restaurants/Cafes (HoReCa)
- 8.4. Modern Trade
- 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region
- 9.1. North America
- 9.2. Latin America
- 9.3. Europe
- 9.4. East Asia
- 9.5. South Asia & Oceania
- 9.6. Middle East and Africa (MEA)
- 10. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 11. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 12. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 14. South Asia & Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 15. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 16. Market Structure Analysis
- 17. Competition Analysis
- 17.1. Bacardi Limited
- 17.2. Craft Distiller
- 17.3. Familia Camarena Tequila
- 17.4. Destileria Tlacolula
- 17.5. Don Julio
- 17.6. Diageo Plc.
- 17.7. S.A.de.
- 17.8. Fidencio Mezcal
- 17.9. EL Silencio Holdings INC.
- 18. Assumptions And Acronyms Used
- 19. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Mn) Analysis, by Concentrate, 2018 to 2022
Table 02: Global Market Value (US$ Mn) Analysis, by Concentrate, 2023 to 2033
Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Concentrate, 2023 to 2033
Table 04: Global Market Value (US$ Mn) Analysis, by Product Type, 2018 to 2022
Table 05: Global Market Value (US$ Mn) Analysis, by Product Type, 2023 to 2033
Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2023 to 2033
Table 07: Global Market Value (US$ Mn) Analysis, by Sales Channel, 2018 to 2022
Table 08: Global Market Value (US$ Mn) Analysis, by Sales Channel, 2023 to 2033
Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by Sales Channel, 2023 to 2033
Table 10: Global Market Value (US$ Mn) Analysis, by Region, 2018 to 2022
Table 11: Global Market Value (US$ Mn) Analysis, by Region, 2023 to 2033
Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2023 to 2033
Table 13: North America Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 14: North America Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 16: North America Market Value (US$ Mn) Analysis, by Concentrate, 2018 to 2022
Table 17: North America Market Value (US$ Mn) Analysis, by Concentrate, 2023 to 2033
Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Concentrate, 2023 to 2033
Table 19: North America Market Value (US$ Mn) Analysis, by Product Type, 2018 to 2022
Table 20: North America Market Value (US$ Mn) Analysis, by Product Type, 2023 to 2033
Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2023 to 2033
Table 22: North America Market Value (US$ Mn) Analysis, by Sales Channel, 2018 to 2022
Table 23: North America Market Value (US$ Mn) Analysis, by Sales Channel, 2023 to 2033
Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by Sales Channel, 2023 to 2033
Table 25: Latin America Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 26: Latin America Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 28: Latin America Market Value (US$ Mn) Analysis, by Concentrate, 2018 to 2022
Table 29: Latin America Market Value (US$ Mn) Analysis, by Concentrate, 2023 to 2033
Table 30: Latin America Market Value (US$ Mn) Opportunity Analysis, by Concentrate, 2023 to 2033
Table 31: Latin America Market Value (US$ Mn) Analysis, by Product Type, 2018 to 2022
Table 32: Latin America Market Value (US$ Mn) Analysis, by Product Type, 2023 to 2033
Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2023 to 2033
Table 34: Latin America Market Value (US$ Mn) Analysis, by Sales Channel, 2018 to 2022
Table 35: Latin America Market Value (US$ Mn) Analysis, by Sales Channel, 2023 to 2033
Table 36: Latin America Market Value (US$ Mn) Opportunity Analysis, by Sales Channel, 2023 to 2033
Table 37: Europe Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 38: Europe Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 39: Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 40: Europe Market Value (US$ Mn) Analysis, by Concentrate, 2018 to 2022
Table 41: Europe Market Value (US$ Mn) Analysis, by Concentrate, 2023 to 2033
Table 42: Europe Market Value (US$ Mn) Opportunity Analysis, by Concentrate, 2023 to 2033
Table 43: Europe Market Value (US$ Mn) Analysis, by Product Type, 2018 to 2022
Table 44: Europe Market Value (US$ Mn) Analysis, by Product Type, 2023 to 2033
Table 45: Europe Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2023 to 2033
Table 46: Europe Market Value (US$ Mn) Analysis, by Sales Channel, 2018 to 2022
Table 47: Europe Market Value (US$ Mn) Analysis, by Sales Channel, 2023 to 2033
Table 48: Europe Market Value (US$ Mn) Opportunity Analysis, by Sales Channel, 2023 to 2033
Table 49: East Asia Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 50: East Asia Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 51: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 52: East Asia Market Value (US$ Mn) Analysis, by Concentrate, 2018 to 2022
Table 53: East Asia Market Value (US$ Mn) Analysis, by Concentrate, 2023 to 2033
Table 54: East Asia Market Value (US$ Mn) Opportunity Analysis, by Concentrate, 2023 to 2033
Table 55: East Asia Market Value (US$ Mn) Analysis, by Product Type, 2018 to 2022
Table 56: East Asia Market Value (US$ Mn) Analysis, by Product Type, 2023 to 2033
Table 57: East Asia Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2023 to 2033
Table 58: East Asia Market Value (US$ Mn) Analysis, by Sales Channel, 2018 to 2022
Table 59: East Asia Market Value (US$ Mn) Analysis, by Sales Channel, 2023 to 2033
Table 60: East Asia Market Value (US$ Mn) Opportunity Analysis, by Sales Channel, 2023 to 2033
Table 61: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 62: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 63: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 64: South Asia & Oceania Market Value (US$ Mn) Analysis, by Concentrate, 2018 to 2022
Table 65: South Asia & Oceania Market Value (US$ Mn) Analysis, by Concentrate, 2023 to 2033
Table 66: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Concentrate, 2023 to 2033
Table 67: South Asia & Oceania Market Value (US$ Mn) Analysis, by Product Type, 2018 to 2022
Table 68: South Asia & Oceania Market Value (US$ Mn) Analysis, by Product Type, 2023 to 2033
Table 69: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2023 to 2033
Table 70: South Asia & Oceania Market Value (US$ Mn) Analysis, by Sales Channel, 2018 to 2022
Table 71: South Asia & Oceania Market Value (US$ Mn) Analysis, by Sales Channel, 2023 to 2033
Table 72: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Sales Channel, 2023 to 2033
Table 73: MEA Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 74: MEA Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 75: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 76: MEA Market Value (US$ Mn) Analysis, by Concentrate, 2018 to 2022
Table 77: MEA Market Value (US$ Mn) Analysis, by Concentrate, 2023 to 2033
Table 78: MEA Market Value (US$ Mn) Opportunity Analysis, by Concentrate, 2023 to 2033
Table 79: MEA Market Value (US$ Mn) Analysis, by Product Type, 2018 to 2022
Table 80: MEA Market Value (US$ Mn) Analysis, by Product Type, 2023 to 2033
Table 81: MEA Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2023 to 2033
Table 82: MEA Market Value (US$ Mn) Analysis, by Sales Channel, 2018 to 2022
Table 83: MEA Market Value (US$ Mn) Analysis, by Sales Channel, 2023 to 2033
Table 84: MEA Market Value (US$ Mn) Opportunity Analysis, by Sales Channel, 2023 to 2033
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Insights on import/export production,
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List Of Figures
Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 04: Global Market Incremental $ Opportunity, 2023 to 2033
Figure 05: Global Market Share and BPS Analysis by Concentrate, 2023 & 2033
Figure 06: Global Market Y-o-Y Growth Projections by Concentrate, 2023 to 2033
Figure 07: Global Market Attractiveness Analysis by Concentrate, 2023 to 2033
Figure 08: Global Market Share and BPS Analysis by Product Type, 2023 & 2033
Figure 09: Global Market Y-o-Y Growth Projections by Product Type, 2023 to 2033
Figure 10: Global Market Attractiveness Analysis by Product Type, 2023 to 2033
Figure 11: Global Market Share and BPS Analysis by Sales Channel, 2023 & 2033
Figure 12: Global Market Y-o-Y Growth Projections by Sales Channel, 2023 to 2033
Figure 13: Global Market Attractiveness Analysis by Sales Channel, 2023 to 2033
Figure 14: Global Market Share and BPS Analysis by Region, 2023 & 2033
Figure 15: Global Market Y-o-Y Growth Projections by Region, 2023 to 2033
Figure 16: Global Market Attractiveness Analysis by Region, 2023 to 2033
Figure 17: North America Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 18: North America Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 19: North America Market Value Y-o-Y Growth and Forecast, 2033
Figure 20: North America Market Incremental $ Opportunity, 2023 to 2033
Figure 21: North America Market Share Analysis by Country, 2023 & 2033
Figure 22: North America Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 23: North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 24: North America Market Share and BPS Analysis by Concentrate, 2023 & 2033
Figure 25: North America Market Y-o-Y Growth Projections by Concentrate, 2023 to 2033
Figure 26: North America Market Attractiveness Analysis by Concentrate, 2023 to 2033
Figure 27: North America Market Share and BPS Analysis by Product Type, 2023 & 2033
Figure 28: North America Market Y-o-Y Growth Projections by Product Type, 2023 to 2033
Figure 29: North America Market Attractiveness Analysis by Product Type, 2023 to 2033
Figure 30: North America Market Share and BPS Analysis by Sales Channel, 2023 & 2033
Figure 31: North America Market Y-o-Y Growth Projections by Sales Channel, 2023 to 2033
Figure 32: North America Market Attractiveness Analysis by Sales Channel, 2023 to 2033
Figure 33: Latin America Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 34: Latin America Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 35: Latin America Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 36: Latin America Market Incremental $ Opportunity, 2023 to 2033
Figure 37: Latin America Market Share Analysis by Country, 2023 & 2033
Figure 38: Latin America Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 39: Latin America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 40: Latin America Market Share and BPS Analysis by Concentrate, 2023 & 2033
Figure 41: Latin America Market Y-o-Y Growth Projections by Concentrate, 2023 to 2033
Figure 42: Latin America Market Attractiveness Analysis by Concentrate, 2023 to 2033
Figure 43: Latin America Market Share and BPS Analysis by Product Type, 2023 & 2033
Figure 44: Latin America Market Y-o-Y Growth Projections by Product Type, 2023 to 2033
Figure 45: Latin America Market Attractiveness Analysis by Product Type, 2023 to 2033
Figure 46: Latin America Market Share and BPS Analysis by Sales Channel, 2023 & 2033
Figure 47: Latin America Market Y-o-Y Growth Projections by Sales Channel, 2023 to 2033
Figure 48: Latin America Market Attractiveness Analysis by Sales Channel, 2023 to 2033
Figure 49: Europe Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 50: Europe Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 51: Europe Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 52: Europe Market Incremental $ Opportunity, 2023 to 2033
Figure 53: Europe Market Share Analysis by Country, 2023 & 2033
Figure 54: Europe Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 55: Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 56: Europe Market Share and BPS Analysis by Concentrate, 2023 & 2033
Figure 57: Europe Market Y-o-Y Growth Projections by Concentrate, 2023 to 2033
Figure 58: Europe Market Attractiveness Analysis by Concentrate, 2023 to 2033
Figure 59: Europe Market Share and BPS Analysis by Product Type, 2023 & 2033
Figure 60: Europe Market Y-o-Y Growth Projections by Product Type, 2023 to 2033
Figure 61: Europe Market Attractiveness Analysis by Product Type, 2023 to 2033
Figure 62: Europe Market Share and BPS Analysis by Sales Channel, 2023 & 2033
Figure 63: Europe Market Y-o-Y Growth Projections by Sales Channel, 2023 to 2033
Figure 64: Europe Market Attractiveness Analysis by Sales Channel, 2023 to 2033
Figure 65: East Asia Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 66: East Asia Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 67: East Asia Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 68: East Asia Market Incremental $ Opportunity, 2023 to 2033
Figure 69: East Asia Market Share Analysis by Country, 2023 & 2033
Figure 70: East Asia Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 71: East Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 72: East Asia Market Share and BPS Analysis by Concentrate, 2023 & 2033
Figure 73: East Asia Market Y-o-Y Growth Projections by Concentrate, 2023 to 2033
Figure 74: East Asia Market Attractiveness Analysis by Concentrate, 2023 to 2033
Figure 75: East Asia Market Share and BPS Analysis by Product Type, 2023 & 2033
Figure 76: East Asia Market Y-o-Y Growth Projections by Product Type, 2023 to 2033
Figure 77: East Asia Market Attractiveness Analysis by Product Type, 2023 to 2033
Figure 78: East Asia Market Share and BPS Analysis by Sales Channel, 2023 & 2033
Figure 79: East Asia Market Y-o-Y Growth Projections by Sales Channel, 2023 to 2033
Figure 80: East Asia Market Attractiveness Analysis by Sales Channel, 2023 to 2033
Figure 81: South Asia & Oceania Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 82: South Asia & Oceania Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 83: South Asia & Oceania Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 84: South Asia & Oceania Market Incremental $ Opportunity, 2023 to 2033
Figure 85: South Asia & Oceania Market Share Analysis by Country, 2023 & 2033
Figure 86: South Asia & Oceania Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 87: South Asia & Oceania Market Attractiveness Analysis by Country, 2023 to 2033
Figure 88: South Asia & Oceania Market Share and BPS Analysis by Concentrate, 2023 & 2033
Figure 89: South Asia & Oceania Market Y-o-Y Growth Projections by Concentrate, 2023 to 2033
Figure 90: South Asia & Oceania Market Attractiveness Analysis by Concentrate, 2023 to 2033
Figure 91: South Asia & Oceania Market Share and BPS Analysis by Product Type, 2023 & 2033
Figure 92: South Asia & Oceania Market Y-o-Y Growth Projections by Product Type, 2023 to 2033
Figure 93: South Asia & Oceania Market Attractiveness Analysis by Product Type, 2023 to 2033
Figure 94: South Asia & Oceania Market Share and BPS Analysis by Sales Channel, 2023 & 2033
Figure 95: South Asia & Oceania Market Y-o-Y Growth Projections by Sales Channel, 2023 to 2033
Figure 96: South Asia & Oceania Market Attractiveness Analysis by Sales Channel, 2023 to 2033
Figure 97: MEA Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 98: MEA Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 99: MEA Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 100: MEA Market Incremental $ Opportunity, 2023 to 2033
Figure 101: MEA Market Share Analysis by Country, 2023 & 2033
Figure 102: MEA Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 103: MEA Market Attractiveness Analysis by Country, 2023 to 2033
Figure 104: MEA Market Share and BPS Analysis by Concentrate, 2023 & 2033
Figure 105: MEA Market Y-o-Y Growth Projections by Concentrate, 2023 to 2033
Figure 106: MEA Market Attractiveness Analysis by Concentrate, 2023 to 2033
Figure 107: MEA Market Share and BPS Analysis by Product Type, 2023 & 2033
Figure 108: MEA Market Y-o-Y Growth Projections by Product Type, 2023 to 2033
Figure 109: MEA Market Attractiveness Analysis by Product Type, 2023 to 2033
Figure 110: MEA Market Share and BPS Analysis by Sales Channel, 2023 & 2033
Figure 111: MEA Market Y-o-Y Growth Projections by Sales Channel, 2023 to 2033
Figure 112: MEA Market Attractiveness Analysis by Sales Channel, 2023 to 2033
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the current valuation of the mezcal market?
The global mezcal market stands at US$ 386.5 million in 2023.
What is the forecasted growth rate for the global mescal market?
Worldwide demand for mezcal is predicted to increase rapidly at a CAGR of 14.1% through 2033.
What is the share of tequila in the global mezcal market?
Tequila holds 56.1% share of global mezcal market revenue in 2023.
Which sales channel is projected to contribute to a significant revenue share in 2023?
The HoReCa segment holds 61.1% share of worldwide revenue in 2023.
What is the revenue share of the United States in the North American market?
The United States market accounts for 45.1% share of the North American market in 2023.
What is the estimated value of the global mezcal market for 2033?
The market for mezcal is anticipated to reach US$ 1.45 billion by 2033.
Which are the prominent producers of mezcal?
Bacardi Limited, Craft Distiller, Familia Camarena Tequila, Destileria Tlacolula, Don Julio, Diageo Plc., S.A.de., Fidencio Mezcal, and EL Silencio Holdings INC. are leading industry players.